Changes to Bankruptcy Forms
201211.06
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Changes to Bankruptcy Forms

Pending Changes in the Bankruptcy Forms As of December 1, 2012, the following amendments will take effect. Official Form 7 (Statement of Financial Affairs) is amended to make the form’s definition of an insider consistent with the definition in the Bankruptcy Code. Official Forms 9A – 9I (meeting of creditor notices) are updated on the first page and in…

Foreclosure Help in New York
201210.31
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Foreclosure Help in New York

Are you facing foreclosure in New York? The first thing you should to is contact a foreclosure attorney. Just because the bank started the foreclosure process does not mean you have to lose your home. Typically, a foreclosure action takes approximately 1 to 2 years from the date the Summons and Complaint is filed. Homeowners that are…

The Benefits of Filing for Bankruptcy
201210.08
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The Benefits of Filing for Bankruptcy

Filing for bankruptcy can help many people in financial distress. Here are some of the benefits of filing for bankruptcy. Discharge Most Debts  The bankruptcy discharge eliminates any personal obligation to pay certain types of debt. There are several types of debt that can not be discharged through bankruptcy (nondischargeable debt). For most people in…

201208.24
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Famous People File For Bankruptcy

What do all these people have in common? PT Barnum, circus promoter L. Frank Baum, author of “The Wonderful Wizard of Oz” Kim Bassinger, model and actress Lorraine Bracco, actress and model Gary Busey, actor and reality tv star Jose Canseco, athlete George Clinton, musician Gary Coleman, child actor John Connally, former Texas governor Francis…

Non-Dischargeable Debt
201208.24
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Non-Dischargeable Debt

Certain types of debt can not be discharged by filing for bankruptcy. Although bankruptcy is designed to eliminate many types of debt, there are certain types of debt that can not be discharged. Some of these debts typically include, but are not limited to: most federal funded student loans federal taxes state taxes local taxes…

Do You Need A Bankruptcy Lawyer in Brooklyn?
201206.26
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Do You Need A Bankruptcy Lawyer in Brooklyn?

Brooklyn is not to toy with economically. Brooklyn’s private sector has out  paced the rest of New York City since 2003 to 2010 according to data analyzed by New York State’s Comptroller’s office. While the wages grew 38% in the five boroughs of New York City, Brooklyn resident wages  grew 48%. Education jobs grew 25%. Leisure & hospitality grew 54% With the…

Welcome to the Debt Lawyer Blog
201202.20
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Welcome to the Debt Lawyer Blog

Watch this space. We will be updating this blog with posts relating to bankruptcy, debt, foreclosure, and consumer protection issues. For those of you who use RSS readers to keep track of blogs, our feed is located at: https://www.debtlawyer.com/feed/ You can follow us on Twitter at: https://twitter.com/#!/Debt_Lawyer You can follow us on Facebook at: http://www.facebook.com/pages/David-I-Pankin-PC/158227447556799…