Archive for September 2021
What Will Happen to Your Life Insurance Policy in Your New York Bankruptcy?
The need to file bankruptcy can strike anyone for any reason. That includes people who have prepared for the future by purchasing life insurance policies. Fortunately, in New York there are generous exemptions to help protect life insurance policies. There are Two Types of Policy A term life insurance policy doesn’t have cash value anyway.…
Read MoreHow Does Wage Garnishment Work in New York?
If a creditor successfully sues you over a debt then that creditor can garnish your wages. Wage garnishments are humiliating and frightening, as they reduce your paycheck and make it even harder for you to make ends meet. Certain creditors can garnish without a lawsuit. Money can be taken for child support, unpaid student loans,…
Read More