bigstock Conceptual About Property Debt

A third quarter report from the Federal Reserve Bank of New York’s Center for Microeconomic Data found that in the third quarter of last year, overall household debt jumped 0.7% to $13.95 trillion. Nominally speaking, this total exceeds the previous peak of $12.68 trillion, which was reported in the third quarter of 2008. The report…

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bigstock Eviction Notice Letter On Fron

If you are struggling financially, then you may fall behind in your rent payments. With New York rents being so high, it is not unusual for a distressed consumer to go into arrears simply to put food on the table. This means that you will eventually receive a notice of eviction from your landlord.  For many filers,…

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bigstock New Year s Resolutions

For many of us, creating and sticking to a budget is a top New Year’s resolution. Mastering the ability to live within your means is especially important if you are in the middle of a Chapter 7 bankruptcy or planning to file, because successful planning can help ensure greater financial success in the future. Here…

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When people consider filing for bankruptcy in New York, one recurring question is, “Will I ever get credit again? Be able to buy a house? Get a car lease on favorable terms?” The universal assumption seems to be that after you file, you lose any chance of being able to benefit from the advantages that…

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bigstock Old apartment building with fi

If you rent an apartment in New York and intend to file for bankruptcy, you may wonder how the decision will affect your lease. The answer is: it depends. If you have a standard lease and have been paying your rent on time as of the date you file, there will be no negative repercussions.…

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bigstock Cutting Debt

We are offering 10% off legal fees for customers starting a bankruptcy between December 15, 2014 and January 31, 2015. A personal bankruptcy can eliminate many of your debts allowing you to get a fresh financial slate. Call 718-514-6619 to learn more and set up a free in-person consultation with attorney Jayson Lutzky who has…

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bigstock Boom Box

Retailer Radio Shack may be near bankruptcy according to one of its regulatory filings that hinted at such action. The store sells electronics parts such as cables and batteries as well as the electronics like phones, cameras and, of course, radios themselves. There has been evidence that the business has been trying to change in…

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bigstock Professional Condenser Studio

Rihanna filed for bankruptcy about five years ago, in 2009, because her accountants were unable to keep detail logs of her money or failed to inform her that she was heading downhill financially, as reported by AOL in a February 12, 2014 article. The well-known singer claims that “their poor advice saw her fortune fall…

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bigstock Crowd

Deciding to file for bankruptcy is a hard choice or decision that one has to make. Filing for bankruptcy might mean giving up one’s home and car, and relocating to another neighborhood, as reported by The Week in a January 29, 2014 article. Moreover, when one has a family and has to tell his or…

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