How Chapter 7 Bankruptcy Works in Queens and Brooklyn
Bankruptcy cases fall under the Bankruptcy Code, 11 U. S. C. Section 101, et seq. This is federal law. Notwithstanding, state and local laws intertwine with each and every bankruptcy case. With that said, many people call and ask, how does chapter 7 bankruptcy work if you’re in Queens or Brooklyn.
KEEP READING . . .Getting Sued by a Landlord for Breaking Your Lease Early? Maybe Not
When most people rent an apartment, there’s generally a lease involved. A lease is a written agreement that offers security to a landlord that a stream of income can be relied upon. A lease also offers security to a tenant that they just can’t be evicted for no reason. In many leases, there is language […]
KEEP READING . . .How much does it cost to file bankruptcy?
When you’re dealing with debt, you may feel that you’re in tough and lonely place. Debt takes a heavy toll on people – on their mental health, their physical health, their emotional and spiritual health. Fortunately, bankruptcy is an option for many people. So if that’s you, one of the first questions you may have […]
KEEP READING . . .When you have debt, what to do: Debt Consolidation vs Bankruptcy
If money is tight for you, and you’re struggling with your debt, you may be looking to take action. Bankruptcy, it seems, is the “last resort” for people (which I don’t think it should be – bankruptcy can be used strategically). You see commercials for debt consolidation programs that offer low monthly payments to get […]
KEEP READING . . .In bankruptcy, is there a difference between a “debt” and a “claim”?
Legal cases often hinge around very fine, technical distinctions between words. This is one of those times. In this article, we’ll take a look at a very important issue: in bankruptcy, is there a difference between a “debt” and a “claim?”
KEEP READING . . .Should a Landlord Enter Into a Settlement in an Eviction Case?
In my practice, when I handle eviction cases, I generally represent landlords looking to evict a tenant and recover possession of the apartment. Usually, when first discussing a landlord-tenant case with a landlord, I always feel that the landlord has this idea is that I , as the attorney, will storm into court and argue that […]
KEEP READING . . .Can I discharge a credit card debt that was incurred to pay taxes?
As the tax return season is in full swing, many people have already filed their returns and, unfortunately, may owe the IRS or state taxing agency. While there are usually options available to pay taxes, many people don’t want to deal with an on-going debt. If you already had an eye towards filing for bankruptcy, […]
KEEP READING . . .What happens if you fail to turnover property in bankruptcy? You could lose your discharge!
When a bankruptcy case is filed, the goal is to keep the debtors with as much of their property as possible. Sometimes, though, to get the discharge, a debtor has to turnover property. Generally, it’s because they don’t have sufficient exemptions to protect the property. A very tricky asset can be a potential tax return. Even […]
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