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Bankruptcy

Tuesday, February 19, 2019

Debt Consolidation vs. Bankruptcy?


Debt Consolidation vs. Bankruptcy?

Debt consolidation refers to the process of refinancing several debts into one single payment. Some people consider debt consolidation as a chance for a lower overall interest rate and a longer time to pay off the debt.
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Thursday, February 7, 2019

Can Foreclosure Be Stopped by Filing for Bankruptcy and the Automatic Stay?


Can Foreclosure Be Stopped by Filing for Bankruptcy?

 

Bankruptcy can stop the foreclosure sale once filed. The bankruptcy code provides for an automatic stay once the bankruptcy is filed which stops the banks from continuing with the foreclosure sale while the bankruptcy case is pending. We can help you save your home from foreclosure by STOPPING THE FORECLOSURE SALE with bankruptcy even though the foreclosure sale has been scheduled.

 

Bankruptcy can also help in the long term. When a property is foreclosed, the bank can normally pursue a deficiency judgment against you if they receive less than what they are owed at the foreclosure sale.
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Monday, February 4, 2019

Filing for Personal Bankruptcy: What are the Differences between Filing for Chapter 7 vs. Chapter 13

Filing for bankruptcy can be a stressful process filled with difficult decisions. When first deciding to file, the person should analyze whether they need to file for Chapter 7 or for Chapter 13 bankruptcy. These two forms of bankruptcy have different eligibility requirements. Determining which chapter you need to file for can seem complicated, but deciphering the specifics, makes the decision simpler.


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Wednesday, April 4, 2018

NYC Taxi Medallion Bankruptcy Chapter 7 or Chapter 13

In today’s current economic climate, many changes are occurring including with technology and cell phones. Many people are using Uber Lyft Juno and other apps for taxi services. This is directly impacting the yellow cab and black car taxi industry in NYC. Many taxi driver’s own medallions that are “under water” which means they owe more than the value of the medallion.


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The Law Office of Seni Popat, PC. which is located in Glen Oaks, Queens, New York, handles personal injury throughout Long Island and New York City, including Hempstead, Oyster Bay, Floral Park, Long Beach, Brookhaven, East Hampton, Southampton, Huntington, Garden City, Hicksville, Great Neck, Lake Success, and all of Nassau County and Suffolk County, as well as Queens, the Bronx, Manhattan, Brooklyn (Kings County), Staten Island and Westchester County.

Read Disclaimer: All content on this website is Attorney Advertising. Past results do not guarantee or represent in anyway a similar or the same outcome. Any review read on this website is solely views of the author of said review. Each legal situation is unique and the results will differ. The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for advice regarding your individual situation. Contacting us does not create an attorney-client relationship.

We are a debt relief agency. We help people and businesses file for bankruptcy relief under the Bankruptcy Code.