Chapter 13 Repayment Plan

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chapter 13 bankruptcy

Chapter 13 repayment plans allow individuals with debt to regain control of their financial life. Essentially, Chapter 13 allows the debtor to retain all their property and repay all their obligations for three to five years, as agreed upon in the repayment plan.  Brooklyn bankruptcy attorneys can help determine which bankruptcy plan is best for… Read more »

What is Wage Garnishment?

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person reading wage garnishment documents at desk

Wage garnishment involves withholding a portion of an individual’s earnings to repay a debt owed to a party. The unpaid debt can be a car loan, medical bill, child support order, civil judgment, federal tax bill, state tax bill, etc. It’s usually made effective by a government entity or a court when the individual hasn’t… Read more »

Is a Car Loan Forgiven with Bankruptcy?

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male hand holding car keys

When you file for bankruptcy, most debts are eradicated, including money owed on an auto loan. If you can show that repossession would cause significant financial hardship, the court may allow reduced payments over a period of time. So, even if you can’t make payments, you may still be able to keep your car.  There… Read more »

Should I Try Debt Settlement First?

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debt settlement

Today’s financial services offer you many alternatives to filing for Chapter 7 bankruptcy. Ursulova Law Offices wants you to understand your options, so you can make the best decision for your situation. Our Brooklyn bankruptcy attorneys can help you regardless of which option you choose. What Is Debt Settlement? The act of debt settlement refers… Read more »

“Fresh Start” Bankruptcy

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fresh start after bankruptcy

How Chapter 7 Bankruptcy can help you get a fresh start and how your Brooklyn personal bankruptcy attorney at Ursulova Law Offices can help. When you lose your job, are unable to pay off your debts, and creditors are continuously calling you, it’s natural to have pessimistic ideas about the future. Chapter 7 bankruptcy might… Read more »

What happens when I lose my job and can’t pay my bills?

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lost my job

Unfortunately, the stark reality is many people will lose at least one job in their lifetime.  That often leaves them in a state of panic.  What is going to happen to me now that I cannot pay my bills?  Will I lose everything?  Never fear, says Brooklyn bankruptcy law firm, the Ursulova Law Offices.  There… Read more »

Does My Spouse Get Affected By My Bankruptcy Filing?

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husband and wife are worried on their finances

Does My Spouse Get Affected By My Bankruptcy Filing? Many people have questions about whether their bankruptcy will affect their spouse at all.  Issues such as the spouse’s credit, any joint accounts, or accounts strictly under his or her name are of great concern.  In this piece we shall shed some light on this subject,… Read more »

Who will know about my Bankruptcy Filing?

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filing a bankruptcy

Are you wondering who may know about your bankruptcy filing? Perhaps you are concerned that your family, friends, and employers may find out about your bankruptcy case? This article explains who can view your bankruptcy filing and how an attorney may help you file.  Your bankruptcy filing doesn’t have to be made accessible to everyone. There is still… Read more »

Can I apply for a new credit card once I file for bankruptcy?

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new credit cards

If you have decided to file for bankruptcy in New York City, you definitely want to hire an attorney. Bankruptcy can be a daunting process, so you do not want to go through this alone. There are many ways that you can benefit from hiring Ursulova Law Offices. Ursulova Law Offices are Brooklyn bankruptcy attorneys who… Read more »