If you are overwhelmed by debt, you may be considering bankruptcy. But how will it affect your job? Will your employer find out? Fortunately, employers cannot fire you because you filed for bankruptcy.
Many people looking for debt relief are afraid they will lose all their property by declaring bankruptcy. However, that is not the case. In fact, state exemptions allow you to keep a considerable amount of your property.
Before you decide to work with a local bankruptcy lawyer, you want to make sure that they’re a good fit for your needs. Here are some questions you could ask a bankruptcy lawyer before you agree to have them help you with your bankruptcy.
Foreclosure on real estate occurs when a borrower misses several mortgage payments. After following NY guidelines, the lender can then sell the home at auction. If you are a homeowner, and you miss two mortgage payments, speak to an experienced Bronx foreclosure attorney as soon as possible.
Bankruptcy isn’t for everyone and you should consult with an attorney before making any hasty decisions. Some of the questions you need to consider if you are thinking about filing for bankruptcy in the Bronx include: