What Happens When Your Mortgage Forbearance Program Ends? If you live in New York, and you’re your mortgage forbearance is about to expire, the are a number of things need to know. Running Out of Time If you entered into a mortgage forbearance program last year (whether it was COVID-19 related or not), your forbearance is rapidly… Continue Reading »
Small Businesses and the End of the Eviction Moratoriums If your business was behind in its mortgage or lease due to the pandemic, the end of various eviction moratoriums could mean you should talk to a bankruptcy lawyer about Chapter 11. The End of the Eviction Moratoriums While the media tended to concentrate how the various eviction… Continue Reading »
Will Bankruptcy Clear ALL my Debts? If you live in New York and are thinking of declaring bankruptcy to get rid of all your debts, be aware that there are some debts that bankruptcy won’t touch. What Is a Bankruptcy Discharge? Declaring bankruptcy, whether it is Chapters 7, 11, or 13, is a long and… Continue Reading »
Ronald D. Weiss, P.C. – A Suffolk & Nassau, Long Island lawyer specializing in bankruptcy law & foreclosure solutions. Our attorneys have represented clients from Suffolk & Nassau County in bankruptcy cases and preventing foreclosure. Call: 1-631-271-3737
Debt Limits on Filing for Chapter 13 Bankruptcy It seems counterintuitive that there are actually debt limits involved in the bankruptcy process when the bankruptcy system itself was designed to relieve those overwhelmed by debt. For those with only a preliminary knowledge of the bankruptcy system, it may seem even more confusing to learn that… Continue Reading »
Coronavirus and Foreclosures in NYS With so many Americans suddenly unemployed due to COVID-19, a huge number of homeowners are unable to make their mortgage payments, forcing people to go into foreclosure. Governor Andrew M. Cuomo first announced a New York State moratorium on residential and commercial foreclosures on March 20, 2020 to ensure people… Continue Reading »
Home loan Modifications During COVID-19 Pre-COVID: Mortgage Modifications Agreements in General In case you’re battling to stay aware of home loan installments and are looking for approaches to keep away from abandonment, there two or three different ways that could offer the assistance you need. To start with, being a home loan alteration, which is… Continue Reading »
I’m behind on my home loan – What are my choices? In case you’ve been battling to stay aware of your home loan installments, there are various home loan wrongdoing programs that may work for you. Individuals fall behind on their home loan installments for quite a few reasons; hospital expenses, catastrophic events, joblessness, separate… Continue Reading »
On the off chance that you just need the cash that is expected to you*, you can begin a “non-installment activity.” You initially need to send your inhabitant a 14 Day Written Demand – a letter, sent by means of UPSP Certified Mail. In this letter you illuminate to the occupant that except if the… Continue Reading »
Do I Have to Pay My Old Debts? On the off chance that you live in New York and have some old obligations, there is a legal time limit you need to think about. However, it may not ensure you against “zombie” obligations. On the off chance that you live in New York, and obligation… Continue Reading »
