What Can Filing for Bankruptcy Do for You If you have fallen behind and can no longer pay your creditors, it can be overwhelming. If you simply cannot afford to pay your debts any longer, you should hire a lawyer to discuss your options and avoid financial ruin. If you are in need of a… Read more »
Parents often become concerned about whether a bankruptcy filing will impact gifts they or others have given to their children. When a bankruptcy case is filed, every equitable and legal property interest is shifted to the bankruptcy estate, which is then managed by a trustee and requires Brooklyn Chapter 7 Bankruptcy Attorneys. The bankruptcy trustee’s… Read more »
If you are considering bankruptcy and wonder if filing Chapter 7 bankruptcy will exonerate you from child support payments, the answer is “no.” While filing Chapter 7 certainly frees you from virtually all of your secured credit card debt, as well as some medical bills, and other loans or payments, it does not free you… Read more »
Federal bankruptcy policies are in place to help those who are drowning in debt and need a new start. Filing for bankruptcy can provide relief from financial anxiety and debt collectors, but it can also come with a high price tag. Either way, filing for bankruptcy with the help of Brooklyn bankruptcy lawyers results in… Read more »
One of the incentives that the government provides for people to file their taxes on time is the Earned Income/Means Tax Credit. This is a type of refundable tax credit specially offered to low- and moderate-income workers. The earned income credit rate depends on a variety of factors, including the status of your tax filing,… Read more »
COVID-19 had contributed to massive job losses, reduced working hours, salary pay cuts, and detrimental financial outcomes among Americans. If you have a business entity, you can consider filing for bankruptcy, especially if you have financial challenges. Fortunately, the Brooklyn Business Bankruptcy Relief Lawyers at Ursulova Law Offices are here to help you. Before you… Read more »
Due to the harsh times presented by COVID-19 and imposed measures to curb the spread, most economies continue to struggle. Students are among groups of people worst hit by the lack of funds. The rising cost of living and job losses continue to make life unbearable for people paying off student loans. Finding the right… Read more »
You work hard and play by the rules. Unfortunately, this is not always enough to stave off debt and financial ruin. You may have lost your job through no fault of your own, you may have suffered an injury or illness that has kept you out of work, or you may have been compelled to… Read more »
Most lawyers who consider themselves to be Brooklyn bankruptcy attorneys acknowledge that clients who file for bankruptcy for the first time are often in deep distress about their current unwanted financial state. It is important for people to realize that there are ways to stay positive during bankruptcy proceedings. It is not all bad or… Read more »
When Should a Small Business File For Bankruptcy? What is the best time to file for bankruptcy for your small business? Well, that all depends on your state. In some states, it is always a good idea to consult with a business attorney before filing. This will ensure that you are compliant with all of… Read more »
Contact Ursulova Law Offices, P.C. to find out how our NY Bankruptcy Attorneys can help you today. Our offices are located in New York, Brighton Beach, Brooklyn and Garden City.
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