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How Do You Rebuild Credit After Bankruptcy?
Friday, July 26th, 2024Bankruptcy can seem like an insurmountable setback for your financial stability and credit score. However, with the right approach, regaining financial health is achievable. Declaring bankruptcy does not mean an end to financial opportunities; rather, it marks the start of a new phase where rebuilding is possible. At Ursulova Law Offices, P.C., we guide our… Read more »
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How Are Assets Divided in Bankruptcy?
Friday, July 12th, 2024When financial turmoil strikes, individuals and entities may consider bankruptcy as a viable solution to relieve their debt burden. Bankruptcy is a legal process where people or other entities who cannot repay debts to creditors seek relief from some or all of their obligations. At the core of this process is the division of assets,… Read more »
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What Not To Do After Filing for Bankruptcy
Friday, June 28th, 2024Filing for bankruptcy is often seen as a fresh start for those overwhelmed by debt, providing a pathway to reduce or eliminate certain financial burdens. However, the steps taken after initiating this process are crucial. At Ursulova Law Offices, P.C., we guide our clients through these critical times with precision and care. Here are some… Read more »
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Discharge NTS Debt Through Bankruptcy
Friday, May 10th, 2024Non-Taxable Status (NTS) debt encompasses obligations that are not subject to income taxes. These often include various forms of unsecured debts like credit card bills, medical expenses, and personal loans. Understanding the nature of these debts is crucial for individuals considering bankruptcy as a solution to their financial woes. At Ursulova Law Offices, P.C., we… Read more »
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What Are the Required Documents Needed for Bankruptcy?
Friday, April 26th, 2024When filing for bankruptcy, a comprehensive understanding of your financial situation is crucial. This is where thorough documentation comes into play. The specific requirements can vary based on the type of bankruptcy you are filing (Chapter 7, 13, etc.). However, there is a core set of documents generally needed. If you are considering bankruptcy in… Read more »
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Can I Lose Assets if I File for Bankruptcy in NY?
Friday, April 12th, 2024Bankruptcy can be a path to financial freedom. But it is completely understandable to be concerned about losing your possessions during the process. It is a good idea to speak with a bankruptcy attorney in New Brighton to get a complete picture of your situation. In this article, we will help you understand the basics… Read more »
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Does My Pension Get Touched if I File for Bankruptcy?
Friday, March 29th, 2024If you are overwhelmed with debt and considering bankruptcy as an option, one question looms large: will you lose your pension? The answer can be complex, but the good news is that pensions are often protected under bankruptcy laws. At Ursulova Law Offices, we are dedicated to helping individuals navigate the financial difficulties that can… Read more »
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Will My Employer Find Out That I File for Bankruptcy?
Friday, March 15th, 2024Facing overwhelming debt creates feelings of stress and uncertainty. Many people fear that filing for bankruptcy in New York will lead to repercussions at work. If you are struggling financially, you may be wondering how bankruptcy will affect your employment. At Ursulova Law Offices, our bankruptcy lawyer in Brooklyn understands the complexities of bankruptcy law… Read more »
