What Debts Must Be Paid After Bankruptcy?

When a person is struggling financially, they often look towards different methods to help them during this time. There are many different means of assistance to help a person get back on their feet in these situations. Sometimes, people choose to file for bankruptcy as a means of assistance. In doing so, they are able […]

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What is the Purpose of a 341 Meeting?

When a person files for bankruptcy in the state of New York, they often create a plan. This outlines how they will pay back their debt over time. In order to begin paying this plan, there are certain requirements that must be met and steps to be taken. No matter which type of bankruptcy is […]

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What is Chapter 13 Bankruptcy?

There are many people who go through financial hardships throughout their lives. Instead of letting the situation become overwhelming and impossible to handle, it is important to know that there are options. When a person is struggling financially, they have the option to file for bankruptcy. While it may seem scary, filing for bankruptcy allows […]

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What is Chapter 7 Bankruptcy?

Many people struggle through difficult financial times in their life. In fact, often times a person filing for bankruptcy is a middle-class citizen with a job, house, and children. These times can often be stressful, as an individual may face the possibility of not being able to support their family or losing their home. It […]

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What is Chapter 11 Bankruptcy?

Just like anyone else, businesses can struggle through difficult financial situations. When this happens, the business owner may worry about what the future holds. If a business is facing a great amount of debt, it may be time for the owner to considering filing for bankruptcy. Bankruptcy is a process that is used when individuals […]

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