When debtors have too few funds to pay too many debts, they don’t try to distribute their money among all their debts. Rather, they prioritize some debts over others. The insight, courtesy of a blog post at the Federal Reserve Bank of New York’s Web site, can help debtors and New york bankruptcy lawyers determine which chapter is best to.
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Brooklyn, NY Chapter 7 attorney Have debts such as credit card balances, bank loans, court judgments or medical bills caused financial difficulties for you, your family or your business? You are not alone. In these troubled economic times, many people throughout the country have experienced financial hardship, and have considered filing personal bankruptcy.
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Many people in New York have taken advantage of the bankruptcy laws in the state to receive a wipe out of their debts and protection from their creditors harassing them for collection. In the four New York bankruptcy courts 35,975 people filed chapter 7 bankruptcy in the 12 months ending September, 2012 while another 6,595 people filed for NY.
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For over 18 years, the Law Offices of David I. Pankin, P.C. has been fighting for consumers in Brooklyn. Our Brooklyn bankruptcy lawyers and foreclosure attorneys have represented over 10,000 clients in New York with their bankruptcy, predatory lending, foreclosure defense, loan modifications and other consumer protection matters.
In September 2011, my parents were approved for bankruptcy, and in October, due to a paperwork error, their car was repossessed in the middle of the night by creditors. Meanwhile, the payments for my.
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Our New York debt relief lawyer can provide you with the tools you need for debt relief. Call the Law Office of Simon Goldenberg, PLLC! When you are faced with bankruptcy in New York, our debt relief lawyer can provide you with the tools you need for debt relief.