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 […]
How Will Bankruptcy Affect My Job?
When filing bankruptcy many people wonder – how bankruptcy will affect my job? The short answer to this is that in most cases bankruptcy will not affect your current job and in many cases your current employer won’t even be aware of your situation. Will I Lose My Job for Filing Bankruptcy? Under 11 U.S.C. […]
Credit Card Default Judgments and New York State’s “Sewer Service” Rules Update
Towards the end of 2014, the New York State Court System announced a series of rule changes affecting default judgments in order to prevent so-called “sewer service” in consumer credit debt collection cases. A “sewer service” case involves questionable and often fraudulent service of process to a defendant, who is unable to defend against a […]
What You Need to Know About Debt Settlement
Consumers who are struggling with debt are not always sure about their options. Instead of speaking with an experienced bankruptcy attorney, some debtors enroll in debt settlement “programs” which are promoted by debt settlement companies through television and social media advertisements that are often aggressive and deceptive. As the holiday season ends, you may notice […]