Creditors in NY In regards to debt, you can owe money to secured and unsecured creditors. Secured creditors have the right to seize your property. An unsecured creditor can file a case and get a judgment against you. Claims for child support take precedence over the payment of all other debts. In NY, the skilled… Read more »
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What Comes First? Divorce or Bankruptcy?
Divorce is hard. It can cause tremendous emotional and mental hardship. It is especially difficult if your finances are also strained. In fact, finances may be one of the driving factors of the divorce. You may even be in a financial situation that is untenable. If you have reached the end of the line in… Read more »
Does Chapter 13 Bankruptcy Resolve all my Debt?
While it may not relieve all of your debt, filing for chapter 13 allows you to protect many of your assets while you figure out a repayment plan. Many people chose chapter 13 bankruptcy since it is less extreme than the other options like chapter 7. The process can also temporarily stop a foreclosure on… Read more »
Can I Get Debt Relief Without Filling for Bankruptcy?
Anyone who is struggling with debt might wonder what options are available to them. In this case it is always a good idea to talk to bankruptcy lawyers in Brooklyn NY about your options and whether or not it would best to file for bankruptcy. There are other options available as well. Credit Counseling Some people… Read more »
New FICO Credit Score System in 2019
The Wall Street Journal shared an article about how FICO plans to rolls out a new FICO credit score system in 2019 that will factor in how consumers manage their checking, saving and market accounts compared to payment history. Find out more: Read the Article If you need help in determining if bankruptcy is right for… Read more »
How Will Bankruptcy Affect Your Job?
You might hesitate to file bankruptcy for fear of negatively affecting your job. Your employer might find out that you’ve filed but filing usually does not affect current employment. However, it can affect future employment. If you are concerned about employment issues, speak with a Brooklyn bankruptcy lawyer before you decide to file. Bankruptcy Doesn’t… Read more »
Retail Store Sears Filed for Bankruptcy in New York
132 year old Retail Store Sears filed for bankruptcy in New York in federal bankruptcy court today! The company intends to stay in business, keeping profitable stores open and continuing online services. Read all about it: https://www.cnn.com/2018/10/15/business/sears-bankruptcy/index.html If your company is considering bankruptcy in New York, contact the Brooklyn bankruptcy attorneys at Ursulova Law Offices P.C…. Read more »
Toys-R-Us Deciding to Call off Bankruptcy
Toys-R-Us deciding to call off bankruptcy and give it another shot. Learn more about their plans for the future in this article: https://www.nreionline.com/retail/can-toys-r-us-and-bon-ton-come-back-dead If your company is considering bankruptcy, talk to a Brooklyn Bankruptcy Attorney at Ursulova Law Offices, P.C. to learn about all your possible options. Call Today!
Knowing When to File
If you are considering filing for bankruptcy, you are not alone. There are many reasons that people file for bankruptcy such as being unemployed, getting a divorce, or being unable to work due to a medical condition. If you are experiencing financial difficulties that are affecting your life, contacting a Brooklyn bankruptcy lawyer can help…. Read more »
Mattress Firm – Filed for Chapter 11 Bankruptcy
Mattress Firm – Filed for Chapter 11 Bankruptcy – Mattress Firm has been struggling to compete with online bed companies. They are planning to close at least 700 stores nationwide. https://video.foxbusiness.com/v/5845942312001/ If you are considering Chapter 11 Bankruptcy call the Brooklyn Bankruptcy Attorneys at Ursulova Law Offices, P.C. for help with the bankruptcy process.
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