Voiding NYC Mortgage Liens in Bankruptcy One of the great benefits of a Chapter 13 bankruptcy is the ability to void a second lien on your home. What this means is that if you have a first and a second mortgage, and the value of the house is less than the balance due on the
What Not to Do Before Filing Bankruptcy in NYC
Times are tough here in NYC and nationwide. More families are considering bankruptcy, but most don’t have a firm grasp on how the process works. There are things that you must not do before filing and other things you need to be careful with. It may sound odd, but one should “get ready” for bankruptcy.
Getting a NYC Chapter 13 Bankruptcy Plan Confirmed
Chapter 13 Bankruptcy in Queens – Getting Your Case Confirmed Chapter 13 bankruptcy is often referred to as a “wage earners plan.” What does this mean? Because many chapter 13 filers make a little too much income to qualify for chapter 7 bankruptcy, they propose a repayment plan with the help of their lawyer. For