Debt Relief Blog

  • What to Do When Being Sued for Outstanding Credit Card Debt

    || 17-Apr-2017

    Unlike the federal government, who can garnish your wages if you don’t pay back your loans, private lending companies like credit card companies generally cannot garnish wages without taking legal action. When you receive notice of a credit card lawsuit, take the following steps. Don’t Ignore It It can often be tempting to just ignore a situation in the hopes it will disappear ...
    Continue Reading
  • A+ BBB Rating Conferred Upon Our New York Law Firm

    || 12-Apr-2017

    In addition to the numerous honors conferred upon the Law Office of Simon Goldenberg PLLC by organizations like Superlawyers, Avvo, and Martindale-Hubbell, we are proud to announce our accreditation by the Better Business Bureau ("BBB") serving the Metropolitan New York, Long-Island, and Mid-Hudson Region. We are very proud of the A+ rating that we received after the BBB conducted a ...
    Continue Reading
  • Why Hire a Lawyer to Settle Private Student Loans?

    || 3-Apr-2017

    If you're struggling with student loan debt, you're not alone! Just don't make the mistake of ignoring these debts, you could face serious consequences such as lawsuits and wage garnishment. Rather, you should work towards identifying your best resolution options and creating a plan to rectify the balances. Our law firm has helped many distressed borrowers find affordable solutions to ...
    Continue Reading
  • ReliaMax Private Student Loan Settled for 75% Reduction

    || 2-Apr-2017

    Our attorneys were recently contacted by a debtor in need of assistance with resolving a private student loan debt owed to ReliaMax. With interest, the balance accumulated to over $80,000. The primary borrower and the co-signer were both experiencing financial hardship and were unable to keep up with the the large minimum payments. Consequently, the account ended up in default due to non-payment. ...
    Continue Reading
  • Common Reasons People Fall Into Credit Card Debt

    || 20-Mar-2017

    Millions of Americans each year will either struggle to keep their finances positive or fall into debt. Each person who goes into debt will do so for his or her own unique reasons, of course, but many cases are linked directly to credit cards and other forms of credit lines. What is it about credit cards that can lead so many people into difficult financial situations, or even bankruptcy ? Our ...
    Continue Reading
  • Bankruptcy Lawyer NYC

    || 16-Mar-2017

    Finding a bankruptcy lawyer isn’t a difficult task given the large number of practitioners offering debt relief services in New York City. But you have to stop for a moment and think, do you just want any attorney, or do you want to find an advocate that is best suited to work on your particular situation. Identifying a great bankruptcy attorney isn’t nearly as easy as it may seem. ...
    Continue Reading
  • Merchant Cash Advance & Business Debt Lawyers

    || 14-Mar-2017

    Nearly every day, our office receives phone calls from business owners that are desperately looking for a solution to their small-business debts. Whether it be an MCA debt (Merchant Cash Advance), a business loan, a line-of-credit, or even a commercial credit card, it can be tough to know where to turn when you can no longer afford to make the minimum payments. It’s no wonder that some ...
    Continue Reading
  • Filing Bankruptcy Due to Gambling

    || 6-Mar-2017

    Get Out Of Gambling Debt & Casino Markers The top reasons for filing for bankruptcy are insurmountable medical bills and student loan debt. However, bankruptcy can be used to discharge, reduce, or otherwise manage all forms of debt, including gambling debt. Oftentimes, these debts are borrowed from credit cards at high interest rate cash advance, or through the casino using a marker. People ...
    Continue Reading
  • Consumer Debt vs. Business Debt: What's the Difference?

    || 21-Feb-2017

    Debt usually refers to money owed by one party, the debtor or borrower, to another party, the lender or creditor. However, there is a big difference between consumer debt and business debt, especially with how the debts are collected when they are in default status. Consumer Debt A debt is considered a "consumer debt" if it was primarily accrued for personal, family, or household ...
    Continue Reading
  • Stephen Basedow presents Lawline CLE on Bankruptcy Ethics

    || 20-Feb-2017

    New York, New York: On February 7 th, 2017, Stephen Basedow and Michael Riela co-presented Ethical Rules and Pitfalls: What Every Bankruptcy Professional Needs to Know, a CLE program with Lawline. Broadcast live online and recorded at Lawline’s Studio in New York City, the program offered viewers strategies on tackling common issues that arise when filing for consumer or business bankruptcy. ...
    Continue Reading
  • Simon Goldenberg Presents CLE on Defending Debt Collection Lawsuits

    || 10-Feb-2017

    New York, New York: On February 6 th, 2017, Attorney Simon Goldenberg presented, Defending a Consumer Debt Case, a Continuing Legal Education program with Lawline. Broadcast live online and recorded at Lawline’s Studio in lower Manhattan, the program offered viewers strategies on defending debt collection lawsuits. It is now available for on-demand viewing at Lawline.com. Defending A ...
    Continue Reading
  • Lower Payments on Merchant Cash Advance & Business Loan Debt

    || 7-Feb-2017

    Our debt relief team has experienced an increase in callers from company owners seeking help with unaffordable business debts and struggling to keep up with the large daily, weekly, or monthly payments. With the fear of potentially having to close their companies due to insolvency, these proprietors are desperately seeking a solution to restructure their commercial debts. Not knowing where to turn ...
    Continue Reading
  • What Are My Options to Resolve Business Debt?

    || 6-Feb-2017

    Running a business can be tough, particularly if you’re a small business competing against corporations. Though people take on debt in order to get their businesses off the ground, one of the simplest ways to encounter financial trouble as a business owner is to take on too much debt. Loans and merchant cash advances ( MCA debt ) can be especially problematic during a stagnant economy. Here ...
    Continue Reading
  • How Do I Stop Creditors from Calling Me?

    || 30-Jan-2017

    Creditors have the right to contact consumers to collect on a debt… but there are limits to that right. Consumers are protected from harassment under the Fair Debt Collection Practices Act (FDCPA). Your Rights Under the FDCPA As a consumer, you are protected from creditor harassment such as: Incessant phone calls Phone calls late at night or early in the morning Phone calls at work, if they ...
    Continue Reading
  • Discharging Social Security Overpayments in Bankruptcy

    || 20-Jan-2017

    Many retired or disabled individuals rely on the payments they receive from the Social Security Administration (SSA) to pay for their necessities. Unfortunately, the SSA can make mistakes and actually disburse too much money or even send payments to individuals that no longer qualify for such benefits. When an overpayment happens, the money will need to be returned. While getting an extra check or ...
    Continue Reading
  • Cancelling and Settling Timeshare Debt

    || 16-Jan-2017

    Buying into a timeshare can seem like a sensible and affordable way to vacation with friends and family. But what happens if your finances tighten and your timeshare costs are no longer within your budget? With a contractual obligation to pay for the shared property, cancelling a timeshare agreement is not as simple as making a few phone calls. Once the salesperson succeeds in convincing a buyer ...
    Continue Reading
  • Debt Relief Tips to Start Your Year Off Right

    || 9-Jan-2017

    As we step into a new year, many of us are hoping to improve our financial health and possibly get out of debt. If you are one of these individuals looking to find debt relief or build your wealth this year, then the Law Offices of Simon Goldenberg, PLLC is here to help! Below, we outline some ways in which you can cut costs, save money, and pay off debts faster in 2017. We wish you the best in ...
    Continue Reading
  • New Year's Resolution: Get Out of Debt!

    || 22-Dec-2016

    Everyone makes New Year’s resolutions to themselves each year but not many people can actually boast that they accomplished them. This year should be the year that is different. If you are in debt, make finding debt relief your New Year’s resolution and stick to it! With the right preparation, knowledge, and mindset, you can make it happen. When you are pursuing debt relief, keep these ...
    Continue Reading
  • Filing for Bankruptcy Due to Medical Debt

    || 20-Dec-2016

    One of the most common reasons people in New York City fall into financial straits is due to medical debt. Unexpected illnesses and injuries can cause individuals to accrue thousands of dollars’ worth of medical bills, especially if they are uninsured or underinsured. Fortunately, individuals are often able to seek relief from their medical debt through bankruptcy. How Are Medical Debts ...
    Continue Reading
  • Useful Tips to Avoid Holiday Debts

    || 15-Dec-2016

    The holiday season represents a unique time of year where you are expected to spend more than you would on yourself and others than normal. In fact, many Americans actually plan to spend so much that they accrue debt that will take several months to pay off. This could arguably be giving too much. For your own benefit, it is probably best that you don’t rack up a holiday debt and keep in ...
    Continue Reading
  • Can Taxes Be Discharged During Bankruptcy?

    || 29-Nov-2016

    One of the most common myths regarding bankruptcy is that a person may not have their tax debts discharged. This is false! While many outstanding tax debts will indeed still be owed at the end of a Chapter 7 bankruptcy or will need to be repaid in full in a Chapter 13 bankruptcy repayment plan, certain older income tax debts may sometimes be completely eliminated via bankruptcy in New York. ...
    Continue Reading
  • Business Loan Debt Reduced by $105k with QuarterSpot

    || 29-Nov-2016

    If you’d like to settle your business loans, you’ll be interested in reading about a recent client that reduced his debt by over 75% . Although these amazing results are not typical, it demonstrates an example where a financially distressed business owner achieved substantial relief through the diligent assistance of our debt negotiations team. At the Law Office of Simon Goldenberg, ...
    Continue Reading
  • Bankruptcy Due to Divorce

    || 29-Nov-2016

    There are a lot of reasons why people file for bankruptcy – a business venture falls through, unexpected illnesses rack up medical bills, employment opportunities are lost, etc. – but one of the most commonly cited reasons is divorce. Ending a marriage is in no way inexpensive, especially if two spouses cannot see to eye and keep returning to court or working with their attorneys. ...
    Continue Reading
  • Resolving a Confession of Judgment in New York

    || 18-Nov-2016

    As of recently, our law firm has experienced an increase in the volume of requests for assistance with Confessions of Judgment entered in connection with defaulted business loans and merchant cash advance debts. A Confession of Judgment (“COJ”) is an affidavit in which a party admits liability and allows the lender to enter judgment upon the occurrence of a specific condition, such as ...
    Continue Reading
  • Who Sets the Interest Rates for Student Loans?

    || 15-Nov-2016

    When you receive a private or federal student loan, you will be required to pay back the principal amount of your loan plus interest, or a certain percentage of the amount that you borrowed. Since interest rates will greatly impact the amount you will eventually have to pay, it is important you known who sets your interest rate, how interest is calculated, and any fees that will be associated with ...
    Continue Reading

Contact Our Firm

Have questions? Fill out the information below to receive an immediate response.

Submit Your Message
New York Debt Collection Defense Attorney

Office Location:

Law Office of Simon Goldenberg, PLLC
New York Debt Collection Defense Attorney
818 E 16th Street,
Brooklyn, NY 11230
Local Phone: 347.389.0245
Directions [+]

Call for a free consultation

888.301.0584

Follow Us On:

The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.