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Blog Posts in March, 2020

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  • Increase to Means-test for Chapter 7 Bankruptcy
    Increase to Means-test for Chapter 7 Bankruptcy

    Good News For Potential Chapter 7 Bankruptcy Filers Effective April 1, 2020, the Means Test, which is an essential factor when evaluating whether one is a good candidate to proceed with a Chapter 7 ...

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  • Group Seeks to Amend Bankruptcy Laws for Coronavirus
    Group Seeks to Amend Bankruptcy Laws for Coronavirus

    In a Joint-Statement released March 24, 2020 concerning Bankruptcy amid Coronavirus, consumer advocacy groups, among others, are petitioning the government to supplement existing bankruptcy laws in an ...

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  • Coronavirus Freezes Debt Collection Lawsuits in NYC
    Coronavirus Freezes Debt Collection Lawsuits in NYC

    NY State Courts have nearly come to a halt amid the Covid-19 Coronavirus outbreak. Very few matters are currently being heard by the Courts and a moratorium on nearly every type of filing is currently ...

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  • Student Loan Debt Relief from Coronavirus COVID-19
    Student Loan Debt Relief from Coronavirus COVID-19

    With the Coronavirus wreaking havoc on our economy, the U.S. Department of Education has made several announcements that can provide some relief to distressed borrowers of federal student loans : ...

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  • Filing for Bankruptcy Due to Coronavirus COVID-19
    Filing for Bankruptcy Due to Coronavirus COVID-19

    It is apparent that the spread of Coronavirus is wreaking havoc on our economy, of which the extend of damage is yet to be determined. While some areas, such as New York City, are ordering the closure ...

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  • Can I File for Bankruptcy?
    Can I File for Bankruptcy?

    If you’re reading this, you’re likely contemplating filing for bankruptcy to relieve yourself of overwhelming debt and financial challenges. What you may not have contemplated, however, is “ am I good ...

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