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…

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What Are the Requirements for Filing Chapter 7 Bankruptcy?

Filing for bankruptcy in New York is a complicated and tough decision. Many people see bankruptcy as a failure, but in reality, bankruptcy provides certain benefits for your financial situation. After all, individual bankruptcy was created to be a way to resolve the overwhelming financial debt, not make your financial situation worse. A Goshen NY…

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