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Filing for Bankruptcy Because of Coronavirus (Covid-19) in NYC

Filing for Bankruptcy Because of Coronavirus (Covid-19) in NYC

 Filing for Bankruptcy Because of Coronavirus (Covid-19) in NYC 300 188 MISHIYEVA LAW Bankruptcy Lawyer NYC

Dealing With A Bankruptcy Due To Coronavirus (COVID-19) Coronavirus (COVID-19) has had a massive toll on both the lives and livelihood of many people nationally and globally. As of this writing, the state of New York and mainly New York City has been hit particularly hard when examining the figures of those who are infected.…

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How To Stop a Foreclosure Through Bankruptcy

How To Stop a Foreclosure Through Bankruptcy

 How To Stop a Foreclosure Through Bankruptcy 300 169 MISHIYEVA LAW Bankruptcy Lawyer NYC

Everyone recognizes the tragedy of losing a home and its devastating effects on a family and a person’s financial health. This is why most do everything possible to keep their home. But to be honest, many approaches don’t work very well. Too many homeowners pay thousands of dollars to save their home and fail in…

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How Will Filing Bankruptcy Affect My Life?

How Will Filing Bankruptcy Affect My Life?

 How Will Filing Bankruptcy Affect My Life? 300 185 MISHIYEVA LAW Bankruptcy Lawyer NYC

What Happens After Chapter 7 Personal Bankruptcy? Clients typically have a hard time deciding when, where and how to bite the bullet to file bankruptcy. Whatever the chosen approach, a frequently asked question is how will filing bankruptcy affect my life? This question remains one of the biggest deterrents and concerns of a debtor. Quite…

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Stopping Foreclosure Sale by Chapter 13 Bankruptcy

Stopping Foreclosure Sale by Chapter 13 Bankruptcy

 Stopping Foreclosure Sale by Chapter 13 Bankruptcy 300 200 MISHIYEVA LAW Bankruptcy Lawyer NYC

How To Stop A Foreclosure Sale by Filing Chapter 13 Bankruptcy  There are two types of bankruptcy proceedings available to individuals: liquidation and reorganization. Chapter 7 bankruptcy is a liquidation proceeding in which nonexempt assets (if any) are sold to pay off creditors. The debtor is then discharged of remaining outstanding debt and relieved of…

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Bankruptcy Vs. Debt Consolidation: A Clear Legal Decision

 Bankruptcy Vs. Debt Consolidation: A Clear Legal Decision 300 200 MISHIYEVA LAW Bankruptcy Lawyer NYC

As soon as people realize they are in financial trouble, they start finding ways to solve the problem. Though there are all kinds of options, debt consolidation is a popular choice over bankruptcy because many believe that filing for bankruptcy will hurt one’s credit score. Though this may be true, there are other matters to…

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The 6 Different Types Of Bankruptcy In the US

 The 6 Different Types Of Bankruptcy In the US 300 199 MISHIYEVA LAW Bankruptcy Lawyer NYC

The economic downturn has put plenty of companies and individuals in difficult financial positions. Instead of trying to repay debts and obligations, more and more people are weighing bankruptcy as an option, seeing it as a mechanism that can wipe out or provide more control over their debts. Donald Trump himself, who has famously filed…

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Debt spouse bankruptcy

What Effect Does Bankruptcy Have On My Non-Filing Spouse?

 What Effect Does Bankruptcy Have On My Non-Filing Spouse? 300 199 MISHIYEVA LAW Bankruptcy Lawyer NYC

Most married couples are concerned about the effect bankruptcy may have on their non-filing spouse. You may own a home together where both names are on the mortgage, or your spouse may be the co-signer on some of your debts you hope to discharge through bankruptcy. You may be a newlywed or a veteran in…

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retirment funds for bankruptcy

Why Avoiding Bankruptcy With Retirement Funds Is A Mistake

 Why Avoiding Bankruptcy With Retirement Funds Is A Mistake 300 200 MISHIYEVA LAW Bankruptcy Lawyer NYC

If you have a pension or a retirement plan, then chances are that you worked hard for decades to get it. You have been contributing for years and now you can finally start receiving monthly distributions. With the cost of living always on the rise, you will need every dollar upon retirement. Yet, people are…

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The Do’s and Don’ts of Preventing Foreclosure

 The Do’s and Don’ts of Preventing Foreclosure 300 201 MISHIYEVA LAW Bankruptcy Lawyer NYC

Thousands of homeowners each year find themselves in a situation where their home is at risk of being foreclosed upon. They might have missed a few payments or have not been paying the lender for several years. Nevertheless, the bank has officially started foreclosure proceedings, or the debtor has received a notice by the lender…

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5 Tips For Hiring A Bankruptcy Lawyer

 5 Tips For Hiring A Bankruptcy Lawyer 225 225 MISHIYEVA LAW Bankruptcy Lawyer NYC

Individuals and business owners across the five boroughs of New York State typically file for bankruptcy by retaining lawyers to represent them and guide them through the process. The following are five tips on finding and hiring the right bankruptcy lawyer, and what to expect from the course: Do An Online Search There are a…

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