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Overcoming insurmountable debt on one’s own can feel like climbing a mountain without the proper tools. For New Yorkers who have seen their loans fall into default and their credit card balances skyrocket, the ability to create successful debt relief plans can be next to impossible.

Once upon a time, malls were the most popular place for teens to hang out and meet their friends. Now, however, New York youths are more likely to connect with their friends online before heading out to a physical space.

Credit card companies and other agencies that lend money to consumers are restricted in the actions they may perform to collect on their borrowers’ debts.

A New York business’s debts can be a source of anxiety and fear for a Rockland resident, particularly if those debts are growing by the day.

Foreclosure can force a New York family out of their home. The failure of a mortgage holder to make timely and complete payments toward the outstanding obligation can initiate the foreclosure process against his property.

This week, Americans all across the nation finished their taxes and sent them off for review by the Internal Revenue Service (IRS). While some individuals sent checks with their returns to satisfy their owed taxes...

Filing for bankruptcy is not synonymous with becoming destitute. In fact, bankruptcy is a legal method of gaining financial freedom, all while preserving enough wealth on which a filer may live after the proceedings are completed.

It is officially spring in New York and readers of this bankruptcy and debt reduction law blog may finally now be paying off the last of the holiday expenditures that carried over as balances on their credit cards.

It can be a scary proposition to face the repossession of a personal vehicle. New Yorkers face repossession when they fall behind on their car loan payments and are unable to make good on the debts that they incur to their lenders.

The goal of almost any bankruptcy proceeding is to have the filer’s debts discharged. When a debt is discharged it is either approved to be paid off under a repayment plan or satisfied through repayment based on a debtor’s asset liquidation.