Archive for August 2023
The Pros & Cons of Chapter 7 vs. Chapter 13 Bankruptcy
Some people may only file one form of bankruptcy. There is a means test, and often, the means test will shunt a borrower into one plan or the other. Nevertheless, some people do have a choice. If you’re one of them, you must know which bankruptcy chapter is right for you. Here are the advantages…
Read MoreWhat Are the Duties of a Bankruptcy Trustee?
Whether you file Chapter 7 or Chapter 13, your New York bankruptcy case will come with a court-appointed administrator known as a “trustee.” Many of our clients are a little afraid of the trustee and don’t fully understand the role that person will play in their bankruptcy case. By understanding, you can put your mind…
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