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Many individuals and businesses face financial hardships more than once in their lifetime. If you have already filed for bankruptcy and are struggling again, you may wonder whether you can file again. The answer is yes, but specific rules and waiting periods apply depending on the type of bankruptcy previously filed. Filing again requires understanding… Read more »

Filing for bankruptcy offers individuals and businesses in New York a legal way to manage overwhelming debt and regain financial stability. The most common types of bankruptcy are Chapter 7 and Chapter 13, each providing different solutions based on financial circumstances. Determining the right approach depends on eligibility, asset protection, and long-term financial goals. Our… Read more »

Filing for bankruptcy does not always mean a business has to close. Some forms of bankruptcy, such as Chapter 11, allow companies to restructure their debts while continuing to operate. This legal process allows businesses to reorganize, negotiate with creditors, and create a plan for financial recovery. At Ursulova Law Offices, P.C., we help businesses… Read more »

Securing an apartment after bankruptcy is possible, but it can be challenging. Landlords review credit reports, and a bankruptcy filing may raise concerns. However, steady income, a strong rental history, and reliable references can help offset credit issues. The Fair Housing Act prohibits landlords from denying tenants solely due to bankruptcy but allows them to… Read more »

Filing for bankruptcy can be an overwhelming decision, especially when it comes to the fear of losing your home or rental property. The question many ask is whether they will be forced to give up their residence and investments. Fortunately, the answer depends on several factors, including the type of bankruptcy you file, your current… Read more »

Filing for bankruptcy is a significant decision, and it’s common to worry about whether others will find out. Concerns over privacy are understandable—no one wants their personal financial struggles to become public knowledge. While it’s true that bankruptcy filings are technically part of public records, this doesn’t mean that your filing will automatically be broadcasted… Read more »

Financial challenges can weigh heavily, and for many individuals or businesses, filing for bankruptcy provides a legal pathway to address overwhelming debt. Bankruptcy doesn’t erase every type of financial obligation, but it offers powerful relief by discharging certain debts and restructuring others. If you’re managing bankruptcy in New York, the experienced team at Ursulova Law… Read more »

When faced with bankruptcy, many individuals may wonder if they can hide money from a bankruptcy trustee. The short and clear answer is no. Hiding assets from a trustee is illegal and can lead to severe consequences, including denial of discharge, fines, or even criminal charges. Bankruptcy is a legal process designed to offer relief… Read more »

Bankruptcy is a legal process that provides struggling businesses with a way to address overwhelming debt and financial challenges. When a company files for bankruptcy, it signifies that it cannot meet its financial obligations. The outcome depends on the type of bankruptcy filed, the company’s assets, and the interests of creditors. For individuals or businesses… Read more »

Credit card debt can quickly spiral out of control, especially when you’re juggling multiple payments and high interest rates. Many individuals find themselves asking: “Can I file for bankruptcy on my credit cards only?” The short answer is yes—you can file for bankruptcy to address credit card debt, but bankruptcy applies to all your eligible… Read more »