Common Bankruptcy Myths | Here is What You Need to Know

For many individuals in New York State and throughout the country, bankruptcy is the most viable option when push comes to shove. Of course, before filing for bankruptcy, you should examine all of your options to see if there is a potentially less drastic route you can take. However, for many, this is simply not […]

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Federal Student Loan Payments Will be Suspended Until 2021

Recently, the Trump Administration announced that all federally-held student loans will be suspended until the end of this year. This comes as yet another way in which the Trump Administration is attempting to assist all those who have been harmed by the impacts of the new coronavirus. Additionally, interest on any federal loan regarding student […]

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What Debts Cannot Be Discharged in Bankruptcy?

If you are someone who currently has amassed a certain amount of debt that you simply cannot pay off and are looking for a fresh start, bankruptcy is most likely your most viable option. The goal of bankruptcy, whether you are filing for Chapter 13 or otherwise, is to discharge your debt. Simply put, there are various […]

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Is the Executor of an Estate Allowed to File For Bankruptcy?

If you are someone who recently lost a family member, there is a very good chance you are going through a great deal of emotional stress. Here at The Law Offices of Allen A. Kolber, Esq., we understand this, which is why we are dedicated to helping individuals through some of the most complex times […]

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What Assets Can I Keep in Chapter 13 Bankruptcy?

Chapter 13 bankruptcy is a great way for many individuals to restructure their financial situation and move on with their lives. However, though bankruptcy can be a fantastic option, people frequently have reservations about filing, primarily because of a fear that they will “lose everything.” Fortunately, we are very happy to tell our clients that […]

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