Many people fear the thought of bankruptcy and the ramifications it brings, including losing their homes and causing credit hardships in the future. However, for many people, bankruptcy is not as crushing as it seems and it brings financial relief …
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After you file a Chapter 7 or Chapter 13 bankruptcy, you will want to rebuild your credit. It won’t be a sprint. Get ready for a long run – a 5K for some, more of a 10K or marathon for …
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People who are considering whether to file for Chapter 7 bankruptcy tend to fall into two camps. In one camp, we have those who fear that they will automatically lose their home and car during the bankruptcy process. In the …
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If you fall behind on your mortgage payments, and the bank or servicer or other lending institution threatens to foreclose on your home, you should contact attorney Michael H. Schwartz as soon as possible. In his 40 years as a …
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If you start to fall behind on your mortgage payments in New York, foreclosure could be just around the corner. In other words, your lender could soon try to take possession of your home and sell it. If the sale …
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Medical issues contribute to roughly two-thirds of the country’s bankruptcy filings each year, according to a recently released study. In the view of one of the study’s authors, a lack of adequate health care insurance likely contributes to the majority …
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Total personal household debt in the U.S. rose to a record-high $13.54 trillion in the last quarter of 2018, according to a report by the Federal Reserve Bank of New York. It marked the eighth straight quarter in which consumer …
Read More FiOS1 News interviewed Mr. Schwartz about the latest development in the ongoing contract dispute between Westchester County and Standard Amusements, LLC, the company that currently operates the famous but struggling Playland Amusement Park in Rye, New York. FIOS 1 …
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The Fair Isaac Corporation, the company that developed the FICO score, is rolling out a new credit score this year called “UltraFICO.” Experian, one of the three major credit reporting agencies, will distribute the credit score, according to USA Today. …
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What do Radio Shack, Toys “R” Us, and Circuit City all have in common? They all failed to keep pace in a high-tech consumer marketplace and recently went out of business. In 2019, several other major retailers are on the …
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