If you can spend money, you can get into debt. However, not all forms of debt are the same. Some are the result of an unforeseeable emergency, while others stem from unwise spending and charging habits. Some debts can be discharged through personal bankruptcy, and other types are non-dischargeable. You may want to consider filing bankruptcy for certain types of crippling debt, while it may be smarter to restructure and repay other debts. It can help you and other New York residents to make informed decisions before making a decision regarding your debt.
Whether you are repairing your credit after a personal bankruptcy or trying to relieve yourself of crippling debt, predatory lenders may be setting their sights on you. Like other scammers, predatory lenders target the vulnerable and easily exploited – in this case, someone who needs a loan and has few options. You and other New York residents may protect yourselves by understanding how predatory lending companies work.
New York residents like you may dread the winter months. Holidays fly at you one after another, from Thanksgiving all the way to Valentine's Day. Between food, gifts, and heating bills, people spend more during this time of year than any other time. So how can you save some cash when everything seems to want to empty your wallet?
Many people living in New York are struggling with debt just like you. Macco & Stern, LLP, are here to help if you're beginning to ask yourself if bankruptcy is the only way you could possibly dig yourself out of the financial struggle you've become embedded in.
As a New York resident who feels as if you are drowning in increasingly overwhelming debt, you may be searching for a solution that could help you begin to rebuild your financial life. Regrettably, however, some types of companies tend to pray on people who, like yourself, are struggling to get by, and they may use less-than-ethical tactics to do so. At Macco & Stern, LLP, we understand that many debt settlement companies are out to make a buck, rather than help you get back on your feet, and we have assisted many people facing similar circumstances find alternative solutions that fit their needs.
If you're a resident of New York who's been struggling with debt, you may wonder if there are any other options left for you outside of bankruptcy. There are, and Macco & Stern, LLP, Long Island bankruptcy attorneys, are here to help you find a solution.
New York residents who are looking to get out of debt have several options available to them. One possibility is to negotiate with creditors directly in order to get a repayment or settlement plan that is tailored to fit their current situation.
At the law office of Macco & Stern, LLP, we understand the frustration and anguish New York residents feel if they are facing a foreclosure. It can be worrisome if you are informed you might soon lose your home, and you are trying to do everything you can to ease your financial burden and keep your house.
As a New York resident struggling with debt, you have a number of different options available to help you back out of it. Though bankruptcy is one possibility, did you know that it may also be possible to negotiate with your creditors to get your debt reduced instead?
Student loan debt is a known problem that sets many young people back as they enter the workforce. With debts of $30,000 and more, the monthly payment on these loans can make or break a budget, which limits spending power, increases the dependence on credit cards, and has other wide reaching effects on personal budgets and the greater economy. The payments last for years, which makes it feel as though no end is in sight.