Bankruptcy Blog

Is Bankruptcy an Option for Tax Debt

Not surprisingly, like with many aspects of bankruptcy, there is often misinformation or worst case scenarios taken as absolute fact when it comes to tax debt. Some people might mistakenly think from information they’ve heard that tax debt is never dischargeable. Not true. Others may think it’s no different than your credit card debt and can be discharged easily. Not necessarily true. The one thing you need to know is...
Continue reading
  515 Hits
515 Hits

Will Bankruptcy Help Me Deal with Medical Debt

Bankruptcy is a tool used by many Americans to alleviate the crushing debt in their lives. Unfortunately, it’s not always the right choice, especially if it’s not going to eliminate or help you re-organize the type of debt you have. But what about medical debt? If you’re struggling because of tens of thousands of dollars or more in unpaid medical bills, will bankruptcy help you resolve your situation? In most...
Continue reading
  482 Hits
482 Hits

Is Debt Settlement the Right Option for You

Settling a debt might be an option if you are unable to pay the debt in full. It can help you eliminate daily calls from bill collectors and prevent your financial situation from getting any worse. Unfortunately, the offer to settle a debt might not be all it seems. What should you do if a debt collector calls and offers a settlement for a debt? Debt settlement can be a...
Continue reading
  472 Hits
472 Hits

Will Bankruptcy Help with High-Interest Credit Card Debt

Credit card debt can be one of the most disruptive things in a person’s life. Though it’s possible to carry credit card debt without any problems, many people are deep in debt with no end in sight. And unfortunately, the high interest on many credit cards makes the problem even worse. If you feel as if you are always just dollars away from making ends meet and it is high-interest...
Continue reading
  580 Hits
580 Hits

How Do I Stop a Creditor from Filing a Lawsuit Against Me

Debt problems can spiral out of control quickly. One minute it’s slipped your mind to pay a bill and the next you’re receiving notification that a creditor is taking legal action against you. If you let a bill go unpaid long enough, the court can grant a creditor permission to take drastic action against you – including garnishing your wages or taking your assets. If a creditor files for a...
Continue reading
  275 Hits
275 Hits

How Can Millennials Avoid Bankruptcy

Over the past decade, the generation born between 1980 and 2000 – the Millennials – have finished high school, graduated from college, and moved into the job market. Many of them are in the thick of dealing with adult responsibilities, which as most of us know, often includes managing debt. Unfortunately, many people in this generation are facing struggles far more severe than their parents and with so many of...
Continue reading
  264 Hits
264 Hits

Who Will Know I’ve Filed for Bankruptcy?

Even in this day and age, bankruptcy, to some people, carries a negative stigma. Many people fail to recognize bankruptcy as a tool to help people get out of debt and they assume that only “a certain type of person” files for bankruptcy. And in many of these cases, because they assume bankruptcy is bad and something of which to be ashamed, they avoid filing and cost themselves far more...
Continue reading
  384 Hits
384 Hits

Payday Loans: Your Path to Bankruptcy

If you’ve ever thought a payday loan seemed like a convenient way to get money fast, you aren’t alone. These loans are marketed as simple and effective, and are enough to tempt anyone who is strapped for cash. After all, what can go wrong? You borrow a chunk of money for a few days or weeks, and pay it back once you receive your next paycheck. Easy, right? Unfortunately, these...
Continue reading
  437 Hits
437 Hits

Going It Alone: Why It Might Be Your Biggest Mistake

It’s possible to file for bankruptcy on your own without the assistance of an attorney. Some people choose this path because they assume it will save them money. The truth is, though, filing without an attorney can cost them big in the long run. If you’re filing for bankruptcy, should you consider going it alone? First, it’s important to understand that filing for bankruptcy is about more than just filling...
Continue reading
  354 Hits
354 Hits

Do I Need to Default on My Debt before Filing for Bankruptcy?

The timing of your bankruptcy can be a major factor in how successful you are with filing. Just a few months can mean the difference between having debts fully discharged and having to repay them in a repayment plan. Make no mistake – when you file for bankruptcy is one of the most important factors in the process. One of the reasons people postpone filing is because they assume bankruptcy...
Continue reading
  378 Hits
378 Hits

Bankruptcy and a Second Mortgage: What You Need to Know

Many homeowners have a second mortgage on their homes. It can be an effective tool for easing financial challenges, helping with renovations and other bigger expenses, or for creating a better arrangement when you first buy your home.   Like with any debt, there is a certain level of unpredictability as to how life challenges and financial challenges could affect a second mortgage and your ability to pay. Even if...
Continue reading
  749 Hits
749 Hits

Bankruptcy Immunity: Is there Such a Thing?

Nobody predicts they’ll need to file for bankruptcy one day. Most people view bankruptcy as a last resort and assume their circumstances will keep them immune to something that drastic. Unfortunately, it’s impossible to predict how everything will go in life, especially financially, and ultimately, nobody is immune to bankruptcy. No matter how careful you might be with your finances, there is always a chance you could one day reach...
Continue reading
  661 Hits
661 Hits

How Will Your Spouse’s Individual Bankruptcy Affect You?

Finances are one of the most contentious issues in a marriage. This is especially true when one spouse has serious financial problems and the other has none – or at least not enough to warrant filing for bankruptcy .  It’s possible for one spouse to file for bankruptcy without the other doing the same, but rarely does the non-filing spouse go completely unaffected. Here’s what you need to know if...
Continue reading
  840 Hits
840 Hits

Are Payday Loans Paving Your Way to Bankruptcy?

Payday loans might seem like a convenient way to get cash quickly when you are stuck in a bind, but these types of loans can actually put you at great risk. For some payday loan borrowers, these loans are what led them down the path to bankruptcy . What are Payday Loans? Lending establishments that offer payday loans are not affiliated with the big-name banks you might be used to...
Continue reading
  868 Hits
868 Hits

Can Bankruptcy Help You Live Longer?

Having to file for bankruptcy is often viewed as something negative, but recent evidence shows filing might actually extend your life.  Of course, nobody is saying if you have perfect credit you should rush out, overextend yourself, and get into enough financial trouble to qualify for bankruptcy. However, if you are currently facing financial challenges and spend your days stressed about how you will ever get back on track, bankruptcy...
Continue reading
  799 Hits
799 Hits

How to Prevent Credit Cards from Driving You into Bankruptcy

Credit cards are one of the primary reasons people travel down the road to bankruptcy . They can be powerful tools to help manage money and enjoy rewards, but they can also be destructive and make it easier to get in much too deep, financially speaking.  If credit cards are causing you serious financial trouble, here’s what you need to know: Budgeting One of the most important things you can...
Continue reading
  849 Hits
849 Hits

How to Protect Yourself from Creditor Harassment

Having past due bills is a common problem for many Americans. Unfortunately for some, unpaid bills are such a problem they receive calls from creditors on a regular basis. Whether you get the occasional call or text about a bill you forgot to pay, or you have mounting debt and an increasing problem dealing with it, there are several things you need to know about what creditors are legally permitted...
Continue reading
  711 Hits
711 Hits

Tips to Help You Prepare for Bankruptcy

Bankruptcy is one of the most valuable tools available to those who need assistance getting their financial situation back on track, but it can also be one of the most intimidating circumstances in a person’s life. The good news is you can take steps to prepare yourself for bankruptcy and all that comes with it, ensuring things go smoothly and taking some of the emotional burden out of filing. What...
Continue reading
  1054 Hits
1054 Hits

Is Bankruptcy an Option for Service Members?

It doesn’t matter who you are, it’s possible to experience financial challenges. This applies to anyone in the civilian population, as well as military members. And in many cases, service members and their families might be at greater risk for financial struggles because of the nature of their work. There is a great deal of unpredictability and stress involved in a military career, and this sometimes translates into financial challenges....
Continue reading
  770 Hits
770 Hits

What You Need to Know about Employment and Credit Checks

Anyone in the midst of a job search already knows how frustrating the process can be and how it constantly feels as if you are being judged. Employers go to great lengths to ensure they are choosing the right candidate for a job, and in some cases that includes reviewing an applicant’s credit history. As unfair as it might seem, credit can factor into whether or not you are hired...
Continue reading
  763 Hits
763 Hits

Questions/ Summary of Case

Invalid Input
Invalid Input
Invalid Input
Invalid Input
Invalid Input
Invalid Input

Contact Us

  • 148 South Liberty Drive
    Stony Point, New York 10980

    CALL US NOW
    845.942.5500

    Get Social

    facebook linkedin google

Frank LaPerch

Copyright © 2018 Frank LaPerch | All rights reserved | Sitemap
Rockland-Bankruptcy on Attorneys Delivered
Legal Website Design by Legal Web Design | Authored By Frank LaPerch