Category Archives: Firm News
Should You File For Bankruptcy As A Couple?
Filing for bankruptcy is one of the biggest decisions you’ll face as a couple. It’ll affect your credit for years and may force both of you to recalibrate your financial goals, at least for a few years. The question is, should you file separately or jointly? Here are a few scenarios when filing together is the right move.
Foreclosure Scams to Watch Out For — And How to Protect Yourself
If you find yourself behind on your mortgage payments and your home in foreclosure, scammers may attempt to take advantage of your vulnerable financial state. The perpetrators of these scams, which claim they can resolve your debts and halt the foreclosure of your home, deceive you into providing them with enough information to take ownership of your home and for a fraction of its market value, leaving you stranded and homeless. Still, you will carry the title of holder of the mortgage of the home that is still in foreclosure. If you are going through the foreclosure process, it is…
How to Protect Your Children’s Inheritance from Creditors
As a parent, one of your primary roles is ensuring your children’s financial safety. If your assets aren’t properly protected, creditors may be entitled to seize your children’s inheritance funds and other personal assets. There are proactive steps parents should take to protect their children’s inheritance and to prevent creditors from ever getting hold of it.
Money, Mindset, and Meaning: Building a Better Relationship with Your Finances
A lot of people think that managing money is just about math, spreadsheets, and self-control. But the truth is, your relationship with money runs way deeper than numbers. It’s emotional, psychological, and even a little philosophical. If you want a healthy relationship with your finances, it’s not just about earning more or spending less — it’s about understanding your mindset, rewriting your patterns, and having an actual conversation with yourself about what money means to you.
What Happens If You Die Without a Will in New York?
None of us can predict exactly when we’ll pass away. Without proper planning, our assets may be left without clear direction. So, what exactly happens if you live in New York and you die without a will?
What Is a Short Sale and Is It Better Than Foreclosure?
When a homeowner is in a position where they are unable to make their mortgage payments, they may want to turn to strategies to avoid foreclosure. Thankfully, some options will help their financial health in long run without having while savinng their home from foreclosure. However, is it truly better than the ladder? A short-sale just might be!
How to Protect Yourself Against Bankruptcy
Bankruptcy is a legal process that kicks in when people and businesses are unable to pay their bills. While it gives you a fresh start, bankruptcy should only be used as a last resort. Here are some tips to help guide your decision.
Top Mistakes Made in Estate Planning
It’s hard for just about anyone to think about their own mortality, let alone plan for it. However, ignoring the inevitable can cause big headaches for those who stand to gain your assets. Here are the top mistakes people make in estate planning, and how to avoid them.
How a Small Business Can Survive Commercial Litigation
Small businesses are popping up every day, but many won’t survive. Financial woes, such as legal problems, can be a big contributor to failure. In fact, 45 percent of them are tied up in some type of litigation and the average liability suit costs at least $54,000. Here’s how to cope if your small business is targeted.
How to Avoid Credit Card Debt
The concept of “buy now, pay later” is a sure-fire way to credit card debt. This happens when you overspend and end up paying only the monthly minimum on the ‘plastic money’ you used. Trouble is, credit cards typically have interest rates for unpaid balances that quickly add up over time. Here are some practical tips to ensure your bank account stays in the black.
