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Posted By Westchester County Bankruptcy Attorney
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21-Dec-2010
Most clients do not think about where they will be filing when they consider bankruptcy, however, it is important to hire an attorney who is familiar with the various jurisdictions and trustees who work in them. In the greater New York City area we have two Federal District Court divisions which consist of the Southern District of New York (SDNY) and the Eastern District of New York (EDNY). The ...
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Posted By Bronson Law Offices, P.C.
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16-Dec-2010
Most of my clients are very intimidated by the prospect of being "examined" by a trustee. When I tell them it will be a five minute meeting and that there is no reason to be nervous, they do not believe me until after it is over. I prepare my clients for the 341 meeting throughout the process of filing for bankruptcy. When we initially meet I outline the entire bankruptcy process. When ...
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Posted By Westchester County Bankruptcy Attorney
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6-Dec-2010
Our clients were scheduled to have their Chapter 13 Plan confirmed at 10:00 AM last Friday. The Judge's calendar was posted and there were over 60 clients scheduled for the same time. Out of 28 pages, my clients were listed on page 22. Unfortunately, the way the calendar works, you have to be there on time and you have to wait until your case is called. Having over 3 hours to observe the other ...
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Posted By Westchester County Bankruptcy Attorney
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30-Nov-2010
Bankruptcy cases filed in federal courts for fiscal year 2010, the 12-month period ending September 30, totaled 1,596,355. This represents a 13.8 percent increase over the fiscal year 2009 bankruptcy filings of 1,402,816, according to statistics released [November 8, 2010 ]by the Administrative Office of the U.S. Courts." What accounts for this increase in bankruptcies? It is certainly apparent to ...
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Posted By Robert Savino
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11-Oct-2010
When a person is facing foreclosure, most attorneys will immediately recommend a Chapter 13. This is because a Chapter 13 has provisions specifically designed to address foreclosure situations. A Chapter 13 will not only stop a foreclosure sale, but will allow a home owner to pay back arrears as part of the Chapter 13 plan and possibly avoid future payments on a second mortgage. Unfortunately, a ...
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Posted By H. Bruce Bronson
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21-Sep-2010
Many people have attempted some sort of loan modification either on their own or with the help of paid professionals in order to head off a foreclosure on their homes. A loan modification can lower interest rates (thus lowering monthly payments) and tack mortgage arrears to the back of the loan, extending its term. When a loan modification is granted it is a boon to the consumer who cannot ...
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Posted By Bronson Law Offices
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16-Sep-2010
Many people who come to me for a bankruptcy consultation are embarrassed about their financial situation. Some tell me that until now they have never missed a payment of their bills. However, they are at a point where they cannot pay their bills as they come due and are experiencing non-productive time worrying and sleepless nights. After quantifying a client's priorities, it is generally ...
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Posted By Bankruptcy Attorney
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1-Sep-2010
We are pleased to announce the launch of our Bankruptcy Blog with an RSS feed available at.....
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