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…

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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…

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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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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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What Do You Need to Know to File for Chapter 13 Bankruptcy?

A Goshen NY bankruptcy lawyer knows that for many people in Goshen, it is a difficult decision to file for bankruptcy. There are a number of considerations and repercussions on both sides, but for residents of Goshen who are facing excessive and overdue debt, bankruptcy can be a path to financial freedom. Therefore, bankruptcy shouldn’t…

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