How Many Times Can I File For Bankruptcy?
201803.21
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How Many Times Can I File For Bankruptcy?

Unfortunately, in life, sometimes there may be financial hardships which could prevent one from being able to pay their bills. As a Brooklyn bankruptcy attorney, many clients ask us, “How many times can I file for bankruptcy?” If you find yourself in a financial crisis after you have previously filed for bankruptcy, your ability to…

What is The Means Test in Bankruptcy?
201712.04
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What is The Means Test in Bankruptcy?

When Congress passed The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (often called BAPCPA), they amended § 707 of the Bankruptcy Code and created a financial eligibility test for debtors looking to file Chapter 7 Bankruptcy. Quite simply, the law imposed a budget test called the “Means Test” to determine if consumers should…

201708.04
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How Will Bankruptcy Affect My Job?

When filing bankruptcy many people wonder – how bankruptcy will affect my job? The short answer to this is that in most cases bankruptcy will not affect your current job and in many cases your current employer won’t even be aware of your situation. Will I Lose My Job for Filing Bankruptcy? Under 11 U.S.C….

201706.02
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Credit Card Default Judgments and New York State’s “Sewer Service” Rules Update

Towards the end of 2014, the New York State Court System announced a series of rule changes affecting default judgments in order to prevent so-called “sewer service” in consumer credit debt collection cases. A “sewer service” case involves questionable and often fraudulent service of process to a defendant, who is unable to defend against a…

Is Debt Settlement a Good Idea?
201703.22
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Is Debt Settlement a Good Idea?

Consumers who are struggling with credit card debt are often not sure where to turn for help. Recognizing this, for-profit debt settlement companies, who utilize savvy advertising methods, attempt to prey upon consumers and entice them into resolving debt issues through debt settlement “programs.” In these so-called programs, the debt settlement companies claim they will…