New York Non-Dischargeable Debts
Typically, in a New York chapter 7 bankruptcy case, most debts are dischargeable, meaning they will not have to be paid by the debtor at the end of the bankruptcy process. Some debt in New York is always non-dischargeable in bankruptcy, for example: debts for spousal or child support or alimony, debts for government fines […]
Debt Settlement Companies: What They Don’t Want You To Know
Debt settlement companies are for-profit, multi-million dollar businesses that typically promote their services as debt consolidation “programs”. Debt settlement companies sell their services by stating that they can significantly reduce their client’s credit card balances by negotiating with creditors to achieve a lump sum settlement. Typically, debt settlement companies advertise that they can save consumers […]