Bankruptcy

While a bankruptcy filing may be beneficial for your current financial situation, it may hurt your employment. Follow along to find out why.

If you are struggling to pay off your debt, your employer will be required to practice wage garnishment. Learn how bankruptcy can stop this.

Before you make the decision to file for Chapter 13 bankruptcy, you must weigh its advantages and downsides. Learn about them here.

If you have an underwater mortgage, it may be worth considering a Chapter 13 bankruptcy filing. Follow along to find out more.

Continue reading to learn what documents to bring to your bankruptcy consultation and how a Rockland County bankruptcy attorney can help you.

Find out what happens if you do not pay your secured and unsecured debt and how a Rockland County bankruptcy attorney can help you.

Read on to discover if you can eliminate child support debt through bankruptcy and how a Rockland County bankruptcy attorney can help you.

Read on to discover how long after your first bankruptcy you can file again and how a Rockland County bankruptcy attorney can guide you.

Find out what credit score you will start with after your bankruptcy filing and how a Rockland County bankruptcy attorney can guide you.

Read on to discover what debt does not go away with bankruptcy and how a Rockland County bankruptcy attorney can help you pay them off. 

Find out the guidance for the bankruptcy discharge process for student loan borrowers and how a Rockland County bankruptcy attorney can help.

Read on to discover how your credit will be impacted by bankruptcy and how a Rockland County bankruptcy attorney can help you.

Read on to discover what financial situation constitutes a bankruptcy filing and how a Rockland County bankruptcy attorney can guide you.

Follow along to find out why hiring a Rockland County bankruptcy attorney is critical for your case and overall for protecting your assets. 

Continue reading to learn what the benefits of a bankruptcy filing are and how a Rockland County bankruptcy attorney can help you.

Find out what happens to your alimony payments after you file for bankruptcy and how a bankruptcy attorney in Rockland County can help you.

Read on to learn how to calculate your credit card debt for bankruptcy filing and how a bankruptcy attorney in Rockland County can help.

Read on to discover how your debts will be distributed in your divorce and how a bankruptcy attorney in Rockland County can help you.

Continue reading to learn if you should file for bankruptcy or divorce first and how a Rockland County bankruptcy attorney can assist you.

Follow along to understand the warning signs that you should file for bankruptcy and how a Rockland County bankruptcy attorney can help you.

Continue reading to learn how to prepare for a loan modification and how a Rockland County loan modification attorney can help you.

Follow along to understand how to start the bankruptcy process and how a Rockland County bankruptcy attorney can help you through every step.

Learn if you are eligible to file Subchapter 5 bankruptcy for your business and how a Rockland County business bankruptcy attorney can help.

Continue reading to learn what bankruptcy documents you need and how a Suffern New York bankruptcy attorney can help you through the process.

Learn the ways in which you can rebuild your credit after filing for bankruptcy and how a Suffern New York bankruptcy attorney can help you.

Follow along to learn the common signs in determining if you qualify for bankruptcy and how a Suffern New York bankruptcy attorney can help.

Read on to learn the benefits of hiring an attorney when filing for bankruptcy and how a Suffern New York bankruptcy attorney can help you.

With the major implications that come with bankruptcy, you may be hesitant when determining whether filing is the best move to make. However, contrary to popular belief, there are many benefits associated with filing for bankruptcy. Follow along to learn whether you should take the plunge, and how a seasoned Suffern bankruptcy attorney at the […]

If ordered with the post-divorce financial obligation of alimony, you may have to make regular payments to your former spouse so as to maintain the standard of living they established during the marriage. Since this is not a permanent financial agreement, you may be wondering how this will be affected if you file for bankruptcy […]

Discover how filing for bankruptcy can clear credit card debt and how a Suffern bankruptcy attorney can assist you through the process.

A common concern for spouses undergoing the divorce process is how debt distribution will pan out, as it can be frustrating to be left with debts that you are not responsible for. This is why couples initially try to agree on the terms of their divorce independently before everything is up for grabs in the […]

Couples who plan to divorce are often in financial situations that necessitate filing for bankruptcy. However, the order in which you file for bankruptcy and divorce is important and dependent on your situation. Read on to find out what you should proceed with first and how a seasoned Suffern New York bankruptcy attorney at the […]

Filing for bankruptcy can be considered a responsible financial decision, but only in the appropriate context. Read along to see if it is in your best interest to file and how a seasoned Suffern New York bankruptcy attorney at the Law Offices of Allen A. Kolber, Esq. can assist you in reaching a decision. What […]

If you are facing the unfortunate possibility of losing your home, it is important to take the proper precautions that may help you in the long run. Read more about how a loan modification or bankruptcy filing can help you prevent a property foreclosure and how a seasoned Rockland County bankruptcy attorney at the Law […]

There are few things more stressful than incurring debt that you cannot pay off. Unfortunately, this is something that happens to countless Americans every single year. Though the prospect of filing for bankruptcy may seem frightening, the truth is that bankruptcy is a fantastic tool for those who find themselves overwhelmed with debt. That said, […]

There are few things worse as a business owner to find yourself behind on certain types of debt. In previous years, many business owners with debt they cannot pay off on their own would file for Chapter 11 bankruptcy. That said, back in 2019, Congress enacted the Small Business Reorganization Act, thereby adding Subchapter 5 […]

Both divorce and bankruptcy are very stressful propositions for individuals and couples. Unfortunately, for many couples, financial issues are what bring them to divorce, and they have to face both divorce and the prospect of bankruptcy at the same time. That said, if you’re looking to get divorced but your spouse is the one who […]

Bankruptcy is a great tool to help people pay off their debts and move on with their lives, however, it’s no secret that filing for bankruptcy can hurt your credit. Fortunately, there are several ways to rebuild your credit after filing for bankruptcy. Read on and contact our Rockland County bankruptcy attorney to learn more. […]

Filing for bankruptcy is an important decision that should not be taken lightly. All things should be considered before making the decision to do so. Not to mention, the reality of the situation can be overwhelming. Learn more about filing for bankruptcy today by contacting our Rockland County bankruptcy attorney. What exactly does it mean […]

As a homeowner or someone who is otherwise in an extensive amount of debt, you’re most likely very worried about your ability to continue paying off that debt. The prospect of getting so deep in debt that you’re unable to keep your home, vehicles, and other possessions is a shocking and overwhelming one. Unfortunately, many […]

If you are debating if filing for bankruptcy is right for you, you are likely wondering about the benefit of this process. To learn more about the benefits of filing for bankruptcy and the reasons people take the plunge to file, continue reading. For assistance with any bankruptcy matters, do not hesitate to give our […]

Not being able to pay off certain debts can be severely stressful. If your creditor is currently in the process of repossessing certain assets, you must act now. To learn more about foreclosure notices and how our Rockland County foreclosure defense attorney can assist you, continue reading and contact our experienced firm. Here are some […]

It is not an easy decision to file for bankruptcy. During this process, one of the most important steps to take is to retain the services of a bankruptcy attorney who is the right fit for you. Filing for bankruptcy does not have to be daunting with the right attorney by your side. To ensure […]

Congress enacted the Small Business Reorganization Act which added Subchapter 5 to Chapter 11 of the United States Bankruptcy Code. This essentially provided small businesses with a new form of bankruptcy that allows business owners to reorganize their debt in a cost-effective, streamlined way. If your business is facing a significant amount of debt and […]

To learn about the process of filing for Chapter 7 bankruptcy, continue reading and contact our Rockland County Chapter 7 bankruptcy attorney. Do I qualify for Chapter 7 bankruptcy? To determine if you qualify for Chapter 7 bankruptcy, you will first take the means test where you will compare your income with the median of […]

If you are facing serious debt, you may be considering filing for bankruptcy. Before you make this decision, it is best to weigh the pros and cons of this process. To learn the most prominent pros and cons of filing for bankruptcy, continue reading. For assistance with this process, do not hesitate to contact our […]

If you are ready to file for bankruptcy, you are likely wondering what your initial consultation will look like and how you should prepare. To learn the documents you will need to prepare for your initial consultation with your bankruptcy attorney, continue reading. For further assistance with any bankruptcy matters, do not hesitate to contact […]

If you cannot make child support payments because you are in a significant debt amount of debt, you may be seeking relief. If you have found yourself in this situation, you may be wondering about filing Chapter 13 bankruptcy and the effects it may have on your child support payments. To learn more about filing […]

When a person considers filing for bankruptcy, it is common to worry about the effect that filing may have on their credit score. To learn how bankruptcy might affect your credit, continue reading. Reach out to our experienced Rockland County bankruptcy attorney for assistance with this process. To learn more about our service can how we […]

If you are looking into the process of filing for Chapter 11 bankruptcy, read on and reach out to our Chapter 11 business bankruptcy attorney. To learn more about our firm and how we can assist you in filing for bankruptcy, do not hesitate to give our firm a call today. Our team will assist […]

If you are filing for Chapter 7 or Chapter 13 bankruptcy, it is important that you fill out the appropriate bankruptcy forms. You will submit a packet of forms that is known as the bankruptcy petition. The bankruptcy petition will consist of a voluntary petition, forms referred to as “schedules”, and additional forms that are […]

If you are looking to begin the bankruptcy process, you are likely looking to learn what you can expect. The first step you should take when beginning this process is to gain the assistance of a Rockland County bankruptcy attorney who can assist you through each step. With their help, you can take the first […]

When an individual is falling behind on mortgage payments, they still have options to consider. One option they may explore would be working to get a loan modification. To learn the difference between loan modifications and mortgage refinancing, plus what you can expect in the loan modification process, continue reading and reach out to our […]

For many individuals, making the decision to file for bankruptcy may be difficult. There is a stigma associated with bankruptcy that is hard to ignore. However, there are also many myths floating around the process that may be holding individuals back when the process could benefit them. To learn the top five most common myths […]

A filing fee may be required when filing for bankruptcy. In some cases, individuals may not be able to afford the filing fee. To learn how to discover what makes you eligible for the Chapter 7 fee waiver and how to know if you will be granted the waiver based on your financials, continue reading. […]

You may be considering filing for bankruptcy if you are facing serious debt. During this time, you may want to weigh the pros and cons of this process. Continue reading to learn the most prominent pros and cons of filing for bankruptcy. If you have any further questions and need assistance with the legal process […]

Taking the plunge to file for bankruptcy is not an easy decision to make. One of the most important steps in this process is to retain the services of a knowledgeable and experienced bankruptcy attorney. With the right attorney by your side, filing for bankruptcy does not have to be a daunting process. To ensure […]

If you can relate to the following signs, it may be time to start considering filing for bankruptcy. To discover the most common signs to be aware of when it comes to needing to file for bankruptcy, continue reading and reach out to our experienced bankruptcy attorney to learn how we can assist you in […]

If you are wondering if Chapter 7 bankruptcy is right for you, continue reading to learn more about the process. How can I qualify for Chapter 7 bankruptcy? One of the first steps you will take to determine if you qualify for Chapter 7 bankruptcy is taking the means test. You will compare your income […]

If you have made the decision to file a bankruptcy case to stop a foreclosure on your home, you are entitled to apply to the Loss Mitigation Program of the Bankruptcy Court. This program will allow you to request a loan modification for the bank to review your financial ability and determine if you qualify […]

If you have found yourself in a situation where you cannot make child support payments because you are in a significant amount of debt, you may be seeking relief. To learn about filing Chapter 13 bankruptcy and the effect it may have on paying child support payments, continue reading and reach out to our experienced […]

If you are looking into filing for bankruptcy, you may be wondering what your initial consultation will look like and how to prepare. This process can be daunting and overwhelming for many. However, it is best to take this process one step at a time. Continue reading to learn the documents you will need to […]

If you are looking into the process of filing for bankruptcy, it is likely that you are wondering about the benefits of this process. Continue reading to learn the most common reasons people take the plunge and file. If you have any additional questions, give our experienced bankruptcy attorney a call today to learn how […]

It is common for individuals who are considering filing for bankruptcy to worry about the effect it might have on their credit score. Continue reading to learn how bankruptcy might affect your credit. If you have any further questions, do not hesitate to reach out to our experienced bankruptcy attorney. We would be happy to […]

Filing for Bankruptcy comes with a lot of misconceptions. Individuals who are facing financial hardships have the option to file for bankruptcy to start new. Though it may seem daunting due to the way our society views bankruptcy, filing for bankruptcy allows individuals to get back on their feet. There are a few different types […]

If you are considering filing Chapter 11 bankruptcy for your business, continue reading and reach out to our experienced bankruptcy attorney today to learn more about the process ahead. Give our firm a call to learn more about our services and how we can assist you in filing for bankruptcy to get back on your […]

The global pandemic has put a strain on many individual’s financial stability across the United States. The freeze on student loan payments was expected to expire at the end of September. However, it has now been announced by the Education Department that those benefits will now continue until January 31st. This extension is now final […]

If you are looking into beginning the bankruptcy process, you may not know where to turn first. With the assistance of a bankruptcy attorney, you will find peace of mind knowing your journey will be assisted with proper legal advice in your corner. Reach out to our experienced attorney today to take the first step […]

It is required to fill out the appropriate bankruptcy forms when filing for Chapter 7 or Chapter 13 bankruptcy. The packet of forms you will submit is referred to as the bankruptcy petition which will consist of a voluntary petition, forms called “schedules”, and any additional forms required by your local bankruptcy court. To learn […]

There are options for individuals to consider when they are falling behind on mortgage payments. One of the options you might consider would be working to get a loan modification. Continue reading to discover the difference between loan modifications and mortgage refinancing, plus, everything you can expect in the loan modification process. If you have […]

Deciding to file for bankruptcy is a huge step that might bring on some nerves. To be best prepared to begin this process, it is important to know the documents that you will need for your initial consultation with your bankruptcy attorney. If you have yet to schedule your initial consultation, reach out to our […]

Now that you have finally made the decision to go through with filing for bankruptcy, you may be wondering how to begin. Continue reading to discover how to begin the bankruptcy process in New York and the steps to take along the way. The first step you will need to take is to discover the […]

It is common for individuals who are considering filing for bankruptcy to have reservations about the process. There is a stigma associated with bankruptcy that is hard to shake. However, bankruptcy can be a beneficial tool for many individuals who are suffering financially and need a fresh start. If you have reservations about filing for […]

Bankruptcy can affect your overall credit in a negative way. However, there are plenty of ways to rebuild your credit with some discipline and education. Continue reading to discover the best steps to take when rebuilding your credit after filing for bankruptcy. You can begin this process right away. Reach out to our experienced bankruptcy […]

Bankruptcy is used by many individuals across the county to achieve a second chance to get their finances back on track. It is common to be required to pay a filing fee when filing for bankruptcy. Unfortunately, some people might not be able to afford to pay the filing fee. What happens then? Continue reading […]

You likely qualify for the Loss Mitigation Program of the Bankruptcy Court if you recently filed for bankruptcy to stop the foreclosure of your home. You may qualify for a government loan modification program or for the bank’s internal loan modification program if you require a loan modification. Continue reading to discover what documents you […]

If you are facing serious debt, there is a good chance that you are considering filing for bankruptcy. When considering a big decision such as this, it is important to weigh the pros and cons. If you have any questions regarding the bankruptcy process and how it might be suitable for your financial situation, don’t […]

If you are going through a divorce, you may be curious about what will happen to your debts as a couple. This is a common concern for many spouses going through divorce, due to the fact that they do not want to be left with debts that the other party is responsible for. Continue readings […]

Bankruptcy has a stigma attached to it that might bring shame to individuals who are even considering filing. In reality, bankruptcy is designed to assist individuals who are struggling financially. It is a tool to be used to get individuals back on their feet. If you are considering filing for bankruptcy, you are probably filled […]

Many students struggle with paying off their loans after they have received their diplomas. If you are struggling to pay off your loans due to owing a significant amount of money, continue reading to learn more about the potential to discharge student loan debt. Reach out to an experienced bankruptcy attorney to learn about your […]

Having crippling credit card debt is one of the main reasons for individuals to file for bankruptcy. Many people view filing for bankruptcy to clear their credit card debt as a fresh start. However, the process is not as simple as one might think. Continue reading to discover the bankruptcy process to properly take for […]

Nobody wants to imagine the day where they have to file for bankruptcy, however, oftentimes, bankruptcy is simply the best option available, though many people do not see this, as there are various misconceptions concerning bankruptcy in New York State. Continue reading and speak with our experienced Rockland County bankruptcy attorney to learn about these misconceptions, why […]

For many, bankruptcy is an excellent tool to help them overcome significant debt and get their lives back on track once again. That being said, after filing for bankruptcy, many peoples’ concern is what will happen with their credit score, and whether they will be able to secure a line of credit after filing. Please […]

When a parent owes child support payments and he or she is behind on those payments, there are a wide array of consequences that he or she may face. In many cases, being behind on child support payments also means that the person in question is behind on a wide array of additional payments, and […]

For many people, filing for bankruptcy is an incredibly stressful process. As such, those who file often have various questions regarding the future of their home and other assets. One of the most common questions our firm receives is, “will filing for bankruptcy take away my Social Security?” This is a very good question, as […]

As you may know, the COVID-19 pandemic has brought about an onslaught of bankruptcy filings throughout New York State, though perhaps surprisingly, there were not quite as many bankruptcy filings as there were in 2019. That being said, Chapter 11 bankruptcies, typically used for struggling businesses, were up around 13% in the past year. Please […]

In February of 2019, Congress enacted the Small Business Reorganization Act. This Act added Subchapter 5 to Chapter 11 of the United States Bankruptcy Code, which essentially provided small businesses with a new form of bankruptcy that allows business owners to reorganize their debt in a streamlined, cost-effective way. If your business is currently in […]

If you are someone who is currently overwhelmed with debt that you simply cannot figure out how to pay off, you may not know where to turn or what the next step should be. While in many cases, there are alternatives to bankruptcy, for most people, bankruptcy is actually a fantastic option that is nowhere […]

If you are someone who has debt piling up and there is no feasible way for you to pay off that debt, there is a very good chance that you are now considering your legal options going forward. While most people do not want to imagine the day where they have to file for bankruptcy, […]

Bankruptcy is a great way for individuals across the country to get their financial situation back on track. However, one of the most common questions our firm is asked is, “how will filing for bankruptcy affect my credit score?” Please continue reading and speak with our experienced New York bankruptcy attorney to learn more. Here […]

There is nothing worse than being overwhelmed with debt, though for many Americans and New Yorkers, this is an unfortunate reality of life. Please continue reading and speak with our experienced Rockland County bankruptcy attorney to learn more about some of the benefits of filing for bankruptcy in NY and how our firm can assist […]

Nobody wants to imagine the day where they have to file for bankruptcy, however, if bills are piling up, you may find yourself in an overwhelming situation, and you may be considering your legal options going forward. Please continue reading and speak with our New York bankruptcy attorney to learn more about whether your situation […]

For many, bankruptcy is a frightening endeavor, as the word colloquially means something other than its true meaning. In truth, bankruptcy is a valuable tool that provides many homeowners across the country with a second chance, allowing them to get their finances back on track and back on their feet again. That being said, to […]

For many homeowners, there is nothing more frightening than filing for bankruptcy. The word carries a heavy weight, and many people fear filing for bankruptcy will lose their home, their possessions, and otherwise. Fortunately, this is largely untrue, and bankruptcy is actually a fantastic tool that all homeowners should use to their advantage if their […]