This morning I came across a press release issued by a California bankruptcy lawyer, touting the firm’s ability to discharge over $4 million in debt for someone by filing a Chapter 7 bankruptcy for them. And though at first blush it seemed like a tremendous feat, buried in the press release was a single tip-off [...]
Bankruptcy information for New York consumers. Published by Jay S. Fleischman, a New York bankruptcy lawyer helping consumers end their bill problems using Chapter 7 and Chapter 13 bankruptcy.
Tag Archive: filing for bankruptcy in New York
Earned Income Tax Credit In New York Bankruptcy Cases
When you file for bankruptcy in New York, any income tax refund that you have not yet received and are entitled to as of the date of the bankruptcy filing is consider property of the estate.
In New York, Debtor and Creditor Law § 283(2) allows you to claim a case exemption of up to $2,500 [...]
