Even as news reports offer hope of economic recovery, the figures on home foreclosures remain stuck in a recessionary winter. When the books close on 2010, banks will have repossessed a record 1.2 million U.S. homes, up 33 percent from 2009. On Long Island, we ranked a dreadful second in a new measure published last … Continue reading Home Foreclosures this Winter
By JOHN G. EDWARDS in LAS VEGAS REVIEW-JOURNAL The Federal Trade Commission has banned consulting firms from charging up-front fees for negotiating modifications of residential mortgage loans. The prohibition took effect Jan. 31. Eric Witkoski, chief of the attorney general’s Bureau of Consumer Protection and the state consumer advocate, called money spent on mortgage modification … Continue reading The Truth On Mortgage Modification Firms
It might not be that easy to file for chapter 13 bankruptcy although there is a provision for filing personal bankruptcy under the same. This is because to qualify for chapter 13 probable bankruptcy filers are required to meet certain specific conditions. Here is some vital information regarding the eligibility requirements for chapter 13 which … Continue reading Qualifying for Chapter 13
Habib& Zalewski p.c. from there queens offices bring you an interesting guidline for filing Chapter 7 or Chapter 13 Bankruptcy The new filing system has made much difficult to get approval for chapter 7 or chapter 13 bankruptcy. But, Steve Zalewski & Associates p.c. expert and affordable Bankruptcy attorneys can help you out. It provides … Continue reading Get Approved for Chapter 7 & Chapter 13
When businesses find themselves unable to keep up with their financial obligations, filing a commercial bankruptcy can help reduce or eliminate their debts. A business bankruptcy attorney in Brooklyn and queens New York based law firm Habib and Zalewski Esq. can help you determine if filing is the right debt reduction strategy for your company. … Continue reading Filing A Commercial Bankruptcy
Habib& Zalewski p.c. from there queens offices bring you a recent analysis of a bankruptcy ruling involving automobile deductions and the affect it could have on Queens county New York residents. Feb 10, 2011 – Yesterday, the U.S. Supreme Court issued a creditor friendly decision in the case of Ransom v. Fia Card Services. At … Continue reading Automobile Deductions in Bankruptcy
According to the Federal Reserve, the average credit card debt per American household is almost $16,000, with almost 610 million credit cards held by U.S. consumers in 2009. With each cardholder having an average of 3.5 credit cards, it is no surprise that chapters of Debtors Anonymous are popping up all over the country. Their … Continue reading The Signs of a Compulsive Debtor
After climbing for three consecutive years, bankruptcy filings out of Albany didn’t change much in 2010, and there is little indication the numbers will drop in 2011, experts say. There were 4,934 cases last year in the Albany office of the U.S. Bankruptcy Court, down 2.6 percent from 2009, but still higher than the previous … Continue reading NY Bankruptcy Statistics Remain Unchanged
The Bankruptcy Code contains a number of provisions specific to nonresidential leases. When the prospect of a tenant’s bankruptcy arises, a landlord should have a basic understanding of these provisions and prepare to move diligently to protect its rights and minimize harm. In bankruptcy, a creditor who sleeps on its rights often loses them. As … Continue reading The Bankruptcy Code: Brooklyn & Bronx
Are you living with the worries that come with seemingly insurmountable debt? My Brooklyn law firm can help you find a way out of debt through Chapter 7 bankruptcy. With Chapter 7 bankruptcy, you can eliminate your debt and start anew on your finances. I understand that if you are contemplating bankruptcy, you might think … Continue reading NYC Bankruptcy Means Test Attorney
