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Long Island Bankruptcy Attorney Blog

Frequently Asked Questions About Bankruptcy in New York State

When the debts have piled up so high that they are starting to overwhelm you and calls from creditors are interfering with your daily life, it may be time to consider the option of filing for bankruptcy. However, the word “bankruptcy” can be a scary word to many people. No doubt, you’ve got many questions.…

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Filing for Personal Bankruptcy in New York

When your credit card, student loan, or other kinds of debt have become more than you are able to handle, you may be thinking about filing for personal bankruptcy in New York. If you are preparing to make this decision, it makes sense to find out everything you can about how the process works. One…

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Chapter 7 vs Chapter 13 Bankruptcy

During today’s turbulent economic times, it’s not difficult for debts to become unmanageable. If that has happened to you, you may be considering the option of Filing for Chapter 7 Bankruptcy Melville. You’re probably also wondering how to go about it and what kind of bankruptcy you should file. Consulting with a New York state…

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Benefits of Filing Chapter 7 Bankruptcy

Today’s world is dynamic and unpredictable, and when you are trying to build your life, it’s not difficult to find that debts can accumulate faster than you can deal with them. Then, it’s not long before you begin to dread the ringing of the telephone or the arrival of the postal truck because you know…

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New college students ought to treat credit with caution

Now that the new school year is starting, thousands of young people throughout New York are leaving home and heading off to college. This transition comes with a lot of newfound independence. Perhaps for the first time in their lives, college students will be tasked with managing their own schedule, choosing their own food and…

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Despite more insurance options, medical debt still a main cause of bankruptcy

Even with the recent implementation of the Patient Protection and Affordable Coverage Act (PPACA, colloquially known as “Obamacare”), it is still expected that medical debt – a leading cause of bankruptcy filings across the country – will still prove unmanageable for tens of thousands of people across the nation this year. Medical expenses have been…

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Struggling to make your credit card payments?

If you are unable to pay your credit card bills you should create a budget, contact your lenders and consider bankruptcy as a debt relief option. It is easy to find yourself buried under a mountain of credit card debt. A sudden illness, a loss of a job or unexpected emergency can easily make you…

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How to rebuild a credit score after bankruptcy

Many people worry about the effects declaring bankruptcy will have on their credit scores. Although it is true that a bankruptcy will have an effect on a person’s credit report, there are several ways that people can rebuild their credit score after bankruptcy. People who declare bankruptcy should take proactive steps to rebuild their credit scores…

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