Recent Posts in Chapter 7 Category

  • Can My Student Loan Debts Be Discharged in Bankruptcy?

    || 10-Jul-2017

    Going through bankruptcy is stressful enough without the financial burden of student loans. Can they be discharged during bankruptcy? Generally, the answer is no. There is one exception to this rule, however, that may allow you to discharge all or part of your loan amount – the undue hardship rule. If you can prove that paying your student loans would cause undue and severe financial ...
    Continue Reading
  • The Pros & Cons of Bankruptcy

    || 1-May-2017

    Does the concept of filing for bankruptcy frighten you? While the word bankruptcy itself gives a rather negative ring to our ears, there can quite a few benefits to declaring bankruptcy in a timely fashion if your finances have become unmanageable. There are many potential ramifications to declaring bankruptcy. In many cases, it can affect the filers credit rating, which can be difficult to ...
    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
  • 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
  • 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
  • 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
  • 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
  • Can You Change Your Mind After Filing for Bankruptcy?

    || 1-Aug-2016

    If you have filed for bankruptcy, there are various reasons why you may want to pursue the cancellation or dismissal of your case. Financial situations change and what may have been in your best interest at one time may no longer be the optimal route forward. Maybe you have unexpectedly inherited money, secured a new job, or were able to avoid a home foreclosure through alternative means. ...
    Continue Reading
  • An Overview of Automatic Stay in Bankruptcy

    || 25-May-2016

    When a person files for Chapter 7 or Chapter 13 bankruptcy, they are afforded relief from creditor communications and collection efforts through a court injunction known as an “automatic stay.” An automatic stay can provide individuals with protection against bill collectors, allowing them much needed breathing room to reorganize their finances. An automatic stay can protect against ...
    Continue Reading
  • Qualifying for Chapter 7 Bankruptcy

    || 27-Apr-2016

    Are you struggling to make ends meet due to overwhelming debt? You may be able to push the “reset button” on your financial situation by filing for Chapter 7 bankruptcy. Chapter 7 bankruptcy, also known as liquidation bankruptcy, can allow you to completely eliminate your outstanding debt and start fresh towards a new financial future. It is important to note, however, that Chapter 7 ...
    Continue Reading
  • What Is the Difference Between Chapter 7 and Chapter 13 Bankruptcy?

    || 20-Apr-2016

    One of the most commonly asked questions regarding bankruptcy surrounds the similarities and differences between Chapter 7 and Chapter 13 bankruptcy. While these two plans are both methods for a person to eliminate their debt and start fresh with their finances, the way they are completed and the protections afforded by each are vastly different. What is Chapter 7 Bankruptcy? Chapter 7 bankruptcy ...
    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.