What You Can Do If Your Debt Collector Violates the FDCPA
Is it a Good Idea for Seniors to File Bankruptcy?
3 Ways to Stop Creditor Harassment
Is This the Year to Solve Your Financial Troubles? Consider NY Bankruptcy
Did you make a New Year’s resolution for 2019? If you did, there is a good chance your resolution involved one of two things. The majority of Americans either resolve to lose weight or save money. Year-in and year-out financial goals are in the top five most common New Year’s resolutions, with all of the…
How to Handle Your Holiday Credit Card Debt and Expenses
The month of December is filled with festive occasions, parties, and family gatherings. While quality time and conversation are central to these holiday events, gift giving also plays a central role in the season. To the joy and delight of family and friends, we exchange presents all of sizes and expenses. However, the excitement of…
How Many Times Can You File for NY Bankruptcy?
Often, bankruptcy is a path to an improved financial future. At the conclusion of Chapter 7 or Chapter 13 bankruptcy, the court discharges the filer’s remaining debt. This clean slate allows the debtor to start new spending habits, begin rebuilding credit, and save wages and other income. Not everyone’s post NY bankruptcy transition is so…
What Are the First 5 Steps in a Chapter 7 Bankruptcy Case?
At Simon Haysom, LLC, we are genuinely interested in the experience of our clients. One issue that is raised regularly are the concerns individuals have when they initially approach our team for bankruptcy advice in New York. Many people have questions on the type of bankruptcy appropriate for their financial situation or whether they are…
Why Is Credit Counseling Required for an NY Bankruptcy?
If you want to file for individual bankruptcy under either Chapter 7 or Chapter 13 of the U.S. Bankruptcy Code, you must meet certain eligibility requirements. Some of these eligibility requirements differ by the type of NY bankruptcy you file. For example, you must pass the means test to show you make below the median…
What Is Business Bankruptcy?
Individuals aren’t the only entity to struggle with finances, which is why we have business bankruptcy. Just as a person can accumulate debt, take out to many loans, and overuse a credit card – so can a company. In fact, businesses are far more susceptible to debt and overwhelming payment obligations. Why? The implications and…
8 Confusing Bankruptcy Terms Explained by an NY Bankruptcy Lawyer
You need to be an active participant in your NY bankruptcy proceedings. Even though an NY bankruptcy lawyer from Simon Haysom, LLC is with you every step of the way, it is crucial you understand the process, laws, and requirements of an NY bankruptcy case. When you do, the path through bankruptcy is smoother and…
4 Things to Expect from a New York Foreclosure Settlement Conference
When the housing market crashed in 2008, it became obvious to the New York legislature and foreclosure lawyers in New York that there was a need for new and efficient ways to finalize a foreclosure in the state. The outcome was greater and evolved use of New York foreclosure settlement conferences, a mediation proceeding that…
Back to Basics: What Is a New York Foreclosure?
Are you facing New York foreclosure? What do you really know about the foreclosure and why the bank decides to foreclose on your property? Most people that come to Simon Haysom, LLC are uncertain how to define a foreclosure and concerned with the foreclosure process ahead. These worries and questions are not only common and…
5 Signs New York Bankruptcy Could Solve Your Financial Woes
New York bankruptcy feels like a major financial leap. There are risks to your credit score and financial future, and bankruptcy imposes plenty of restrictions and requirements on debtors that file in New York. Therefore, you want to be certain it is the right process for your financial situation. To help you determine if New…