Blog

Category: Blogs

Rockland County Probate Blogs
Rockland County Probate

When an individual passes away, it is generally the responsibility of their surviving loved ones to handle the matters of the estate. In Rockland County, the probate process exists to prove to the court that the will is a valid document and that the Executor is granted power to administer the estate. When the decedent […]

Rockland County Foreclosure Defense Options Bankruptcy
Rockland County Foreclosure Defense Options

Homeowners often have to save for years and years to be able to put a down payment on a house. Purchasing a home is a very exciting thing and it is something to be proud of. That being said, when a homeowner has a change in financial circumstance and begins struggling to make payments on […]

Consumer Bankruptcy in New York Bankruptcy
Consumer Bankruptcy in New York

When an individual finds themselves in an overwhelming financial situation in Rockland County, they may feel as though there is no way out. For many people, the thought of filing for bankruptcy is daunting because they don’t realize how much of a relief it can actually be. When a consumer is faced with impossible debts, […]

Chapter 7 Bankruptcy in Rockland County Bankruptcy
Chapter 7 Bankruptcy in Rockland County

Bankruptcy is a tool that can allow a person who is facing overwhelming debt to get a fresh start and rebuild their financial future. When it is time to consider bankruptcy, the debtor will have to take a means test, which aims to determine whether the individual is eligible for Chapter 7 bankruptcy or Chapter 13 […]

Why do I need a will? Blogs
Why do I need a will?

One of the most important things a person can do to protect his or herself in the future is to create a will as part of their comprehensive estate plan. A will is important for everyone, regardless of whether they are an individual of high net worth or of a more modest living. Having an […]

What is power of attorney? Blogs
What is power of attorney?

Though many people associate power of attorney with granting someone else power to make decisions if they become incapacitated, this tool can be useful in everyday situations and does not require there to be dire circumstances present. A power of attorney can allow another person to make legal decisions, business decisions, financial decisions, real estate […]

What debts can be eliminated in a Chapter 13 bankruptcy? Bankruptcy
What debts can be eliminated in a Chapter 13 bankruptcy?

When an individual needs financial relief, they may want to consider filing for bankruptcy. At the beginning of the bankruptcy process, the individual will have to take a means test, which determines whether the individual is eligible to file for Chapter 7 bankruptcy or Chapter 13 bankruptcy. Individuals who have a steady source of income […]

What is a 341 meeting? Bankruptcy
What is a 341 meeting?

When an individual files for bankruptcy, they may be unsure of exactly what the process entails. One part of bankruptcy that anyone who files will have to go through is the Section 341 meeting, which is also referred to as a meeting of the creditors. Often, individuals who have filed for bankruptcy are nervous about this […]

What is an automatic stay? Bankruptcy
What is an automatic stay?

When an individual is faced with mounting debt, they may begin to feel the pressure of debt collectors and lenders who are trying to recover payments. Of course, these calls and letters can be very overwhelming, especially if the debtor feels as though they will never be able to make the payments owed. For many […]

Does your bankruptcy show-up in a background check?

Every person who files a bankruptcy case is concerned about who will find out about it. It is true that all bankruptcy filings are a matter of public record, but this does not mean it is easy for others to learn about your case. The two main ways another person can learn about your filing […]

Figuring your Chapter 13 monthly payment

A Chapter 13 debtor must submit a repayment plan and commit to making a set monthly payment for the next three to five years. Thus, it is essential that you know exactly how much you will be required to pay. Here is a summary of how your Chapter 13 payment is calculated: Your attorney will […]

Financial Disclosures Required in Bankruptcy

When you file a Chapter 7 or Chapter 13 bankruptcy case, you are required to make “full financial disclosure.” This means that you must disclose all of your assets and all of your debts. Debtors must provide the court with a list of all your creditors. This is a good thing because it allows you […]