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What Happens After Bankruptcy Is Filed?
Friday, August 16th, 2019There is any number of unforeseen misfortunes that can cause you to get behind on your bills and financial responsibilities. Health issues, medical bills, divorce, and unemployment can all put you under undue stress. If you’re having troubles meeting your obligations and phone calls from creditors are getting overwhelming, bankruptcy offers protection while restructuring your… Read more »
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How Will Filing Bankruptcy Affect My Future?
Friday, August 9th, 2019If you are currently looking into bankruptcy lawyers in Brooklyn, there’s a good chance that you are swimming in debt and constantly stressing over your finances. You could be looking for some relief, but you might also be worried about how filing bankruptcy is going to affect your life. It’s important to understand what you… Read more »
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Bankruptcy Litigation: When You Need To Bring In An Attorney
Friday, July 26th, 2019While filing for bankruptcy can be a logical way to get out from under significant debt, it can also be a complex process, even in simple cases. As a result, it is rarely a good idea to navigate this process without the help of expert legal guidance from a Brighton Beach NY bankruptcy law firm…. Read more »
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When Should I Begin Filing Bankruptcy?
Friday, July 19th, 2019In some situations, filing for bankruptcy helps avoid unfortunate circumstances. A Brooklyn bankruptcy law firm can provide more information. But for now, here are some situations in which you might want to file bankruptcy as soon as possible. 1. You Want to Block a Garnishment Filing Chapter 7 bankruptcy can prevent your wages from being… Read more »
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What You Need to Know for Filing Bankruptcy in New York
Friday, July 12th, 2019Bankruptcy is mostly governed by federal laws. The state of New York allows special exemptions for a bankruptcy filing. They are homestead, insurance, pension, personal property, public benefits, recent wages, and other miscellaneous items. There are a Brighton Beach bankruptcy attorneys that can assist with these exemptions. The Ursulova Law Offices is a premier Brooklyn… Read more »
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What Will Happen To My Assets If I File Bankruptcy?
Friday, July 5th, 2019When making the decision to file bankruptcy, careful planning should be used throughout the process. This is especially true regarding one’s assets, which may become property of the bankruptcy estate. Since you will have little knowledge of bankruptcy law and the complex process involved in this matter, it is best to rely on Brooklyn bankruptcy… Read more »
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Will I Have to Go To Court if I File Bankruptcy?
Friday, June 28th, 2019A personal bankruptcy petition must be filed at the New York district bankruptcy court by either the debtor or the attorney representing him. The petition requires you to list all of your major personal assets so that the court and your creditors can tell if any of your assets are not exempt from the proceedings…. Read more »
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Is There a Chapter of Bankruptcy That Will Eliminate All My Debt?
Friday, June 21st, 2019You can choose to file for personal bankruptcy under either Chapter 7 or 13. The major difference between these two options is that Chapter 13 bankruptcy generally involves a debtor entering into a payment plan to reorganize their payment schedules and pay back most of their debts. Chapter 7 bankruptcy orders typically discharge most of… Read more »
