I cannot begin to tell you the number of clients who come to me after starting with debt consolidation companies.   They have thing in common: they have less money than they did before they started with these companies.  If you owe a lot of money, and just can’t manage, you are an easy target for the unscrupulous who come out of the woodwork to prey on the vulnerable. THINK BEFORE HIRING - NOT FOR PROFIT DOES NOT EQUAL CHARITY Before you think of hiring one of these firms: Google! And, … [Read more...]

Bankruptcy: I’m on my Mom’s House

I need to file a bankruptcy, but I’m on my Mom’s House??? My mom put me on the deed to her home so as to protect it during the probate process, but it’s not my house. In a bankruptcy, the Court will look at all of your assets and debts, that includes any property that your name is on – including your mom’s house. That does not necessarily mean you cannot qualify for a bankruptcy, but it is something that our attorneys need to know about and to manage as part of your debt resolution. … [Read more...]

The Basics of Chapter 7 Bankruptcy

No one sets out in life thinking, "Gee, I can't wait to file bankruptcy." However, there are many circumstances which can lead to dire financial consequences. Whether it's a loss of income because of a job lay off, medical expenses or a messydivorce there might come a time when filing for bankruptcy is the only viable option left open. In terms of personal bankruptcy, there are two options for filing: Chapter 7 or Chapter 13. In either case you'll need the help of an experience Westchester … [Read more...]