Articles Posted in Filing Bankruptcy New York

After interviewing hundreds of individuals contemplating file for bankruptcy in New York, I have collected a list of the biggest fears of filing. The good news is that in a vast majority of cases these fears are unwarranted. The top five (5) include: Fear of losing one’s job. Fear of destroying one’s credit for seven…

While filing a Bankruptcy will likely affect your credit in the short term, the long-term effects, with a few exceptions, will be minimum. Today the financial and credit world runs on “credit scores”. If an individual has a high credit score, 680 or higher, having a personal bankruptcy in one’s credit history will have little…