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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 […]

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 […]

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 […]

Many people go through difficult financial periods in their lives. Sometimes, these situations can grow out of control and it can be hard for people to manage their financial state and stay up to date with their payments. When this happens, it can create an overwhelming and stressful time but can be helpful to know […]