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…

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Can You File for Bankruptcy with Student Loans in Goshen, NY?

Student loans are a unique type of debt and lending situation. When you take out a mortgage to buy a house, upon non-payment the lender can foreclose and recover losses through a foreclosure sale in Goshen, NY. If you borrow from a bank or credit union to purchase a new car or boat, the bank…

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Bankruptcy in New York Offers a Chance to Start Over

Bankruptcy is frequently perceived as a failure. As a bankruptcy law firm, our clients begin by saying they could not repay credit card debt or not be able to keep up with commercial loan payments. A consistent comment in our initial consultation is, “I tried, but I failed.” Individuals and entities turn to bankruptcy as…

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Four Bankruptcy Laws Every Client Should Know

Some research into the process of bankruptcy and the federal laws that govern it reveals that the Bankruptcy Code is divided into several chapters. These chapters each cover a different aspect of filing for bankruptcy, including the different types of bankruptcy, eligibility information, and procedural requirements. It’s impossible to properly file for federal bankruptcy without…

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