How is the automatic stay effective?

Bankruptcy can be a particularly beneficial process for individuals that are suffering through tough financial times and are unsure of how to fix their financial situation. To learn more about bankruptcy, you should consult a bankruptcy attorney. They can help decide which process is best for you. During this process, they may also be able […]

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Can bankruptcy prevent foreclosure?

Foreclosure can become a reality for some people. When people are struggling through tough financial times, it can affect all areas of their life. This can cause them to be behind on payments. Ultimately, this can affect payments on their residential property. Due to this, they may face the possibility of foreclosure. Although this can […]

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How do I file for Chapter 7 bankruptcy in NY?

Before applying for bankruptcy, individuals should consider all their options. Bankruptcy can be a helpful process to improve your finances. Chapter 7 bankruptcy has certain requirements that must be met before individuals can file for it. Individuals have to undergo credit counseling and attend a debtor education course to prepare. In addition to this, they […]

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How do I file for Chapter 13 bankruptcy in New York?

Financial difficulties can cause people to turn to bankruptcy. This process can help them regain control over their finances and to work toward building a more successful financial future. Individual bankruptcy can be filed through Chapter 7 and Chapter 13 bankruptcy proceedings. The process of filing for each bankruptcy process is similar to one another. […]

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Which bankruptcy process involves liquidation?

If individuals are looking to fix their financial situation, they can look to bankruptcy to help them during this time. As an individual, they may wish to go through Chapter 7 or Chapter 13 bankruptcy. Chapter 7 is best known for being the process that requires liquidation. This can prove to be beneficial for some […]

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