Equity is one of the most important terms when it comes to your bankruptcy case. When determining whether you can keep property in Chapter 7 bankruptcy, your lawyer will often look to the amount of equity. Too much and ...
Tag Archive: finance
Automatic Stay Relief – How And When Creditors Get It
Let's say you file for bankruptcy and get the benefit of the automatic stay. You've got a mortgage or a car loan so when you file for bankruptcy the lender can't ...
Can You Be Held Responsible For The Debts Of A Deceased Relative?
In New York, debts are contractual in nature. That means I am responsible for my own debts, as well as those that I have agreed to be responsible for. If I don't agree to be held liable for a debt, I cannot be forced to pay for it. The issue becomes slightly muddier in ...
