Managing Debt After The Holidays (Holiday Debt)
The temptation to overspend during the holidays can be strong. Promotional credit card offers with 0% APR financing and other holiday sales and promotions can make that temptation even stronger. Holiday spending is increasingly taking place using credit, debit and prepaid cards. According to The Nilson Report, over the last year, consumers have increased their […]
Does Bankruptcy Eliminate Medical Debt?
Medical debt is now one of the most common reasons American consumers file for bankruptcy. An unexpected illness or injury can not only be debilitating to one’s health it can also wreak havoc financially. Medical bills can quickly pile up and get out of hand. For many Americans, bankruptcy can be the only way out […]
When Should I File for Bankruptcy?
There are many reasons for people to file bankruptcy. The primary reason is if you owe more than you are capable of paying. You may believe that this is easy to determine; however not all people are able to recognize the warning signs. Many people avoid the bankruptcy topic because they feel there is a […]
What Should I Do to File for Bankruptcy or Better Yet – What Should I Not Do?
As a NYC bankruptcy lawyer, people tend to ask, “What should I do to file for bankruptcy?” Sometimes an equally important question is “What should I not do?” Keep in mind, this information may change from state to state so consumers filing for bankruptcy should only use it as a frame of reference. Consumers filing […]