Category Archives: Bankruptcy Protection
Should I File for Bankruptcy?
People often ask our attorneys if they should file for bankruptcy. As everybody’s financial circumstances are unique, the answer depends on your specific situation.
How Does Bankruptcy Affect Small Business Owners?
When struggling with debt, filing for bankruptcy can be a boon for small business owners. Learn more about some of the advantages correlating with bankruptcy and small businesses.
Bankruptcy and Wage Garnishment
Wage garnishment allows creditors to collect debts directly from your wages or salary. Wage garnishment can be devastating for those already dealing with financial hardship. At Todd Cushner & Associates, our White Plains-based bankruptcy lawyers can help stop wage garnishment, enabling you to keep the money you rightfully earned.
Bankruptcy and Medical Debt
A recent study shows that nearly 20% of US households carry some form of medical debt. And approximately half of those debts exceed $2,000. Fortunately, filing for bankruptcy can discharge your medical debt, helping you progress toward a fresh financial start.
Bankruptcy and Auto Loans
Some people have a misconception that declaring bankruptcy may lead to higher car payments or even immediate car repossession. However, many safeguards are available to keep your vehicle safe.
Bankruptcy and Retirement Accounts
Facing bankruptcy can be one of the most challenging financial difficulties, especially when approaching retirement age. Thankfully, there are many legal protections to keep your hard-earned assets safe. Learn how to get the financial relief you need while protecting your assets from creditors.
Bankruptcy and Tax Debts
If you find yourself struggling financially, paying off your tax debts is not always easy. Bankruptcy can discharge many types of tax debts, helping you regain firm financial footing.
Bankruptcy and Student Loans
Student loan debt is approaching $2 trillion in the US. And while the federal government has forgiven student loan debt for some individuals, millions of people continue struggling to pay off these debts. If you are one of these individuals, filing for bankruptcy can enable you to discharge your student loan debt.
Protecting Your Assets During Bankruptcy
Filing for bankruptcy helps individuals and businesses protect many of their assets. This enables you to hold on to what is essential while reattaining financial stability.
Bankruptcy and Reaffirmation Agreements
Reaffirmation agreements enable you to keep certain assets through an approved payment plan. Learn more about reaffirmation agreements and how they can help you keep what is most important to you.
