- Divorce
- Child SupportHowever, there are several types of debts that cannot be discharged by filing for Chapter 7. Child support, taxes, student loans, and certain types of court-ordered damages awards are not discharged.
- Spousal SupportThe remainder of a consumer’s debts are discharged with the exception of non-dischargeable such as child support, taxes or alimony. For a business debtor under Chapter 7, the business is closed once assets are liquidated.
- Business Transactions
- Personal Injury
- Wills
- Probate
- BankruptcyIf you have suffered a financial setback and cannot keep up with your credit card, mortgage or other debt payments, filing personal bankruptcy may help you reduce or eliminate debt and offer you a fresh start. A New York bankruptcy attorney at Rosenberg, Musso & Weiner will counsel you on whether or not a bankruptcy filing is the best strategy in your individual situation.
- ForeclosureUnder the automatic stay, mortgagees cannot initiate a foreclosure action and must cease all legal proceedings. In certain cases, however, a creditor may initiate a relief from stay to petition the court and the trustee to release a home or property from the automatic stay. In order to avoid having your property seized through a relief of stay requires sound legal advice and guidance. By using a Chapter 13, you can cure mortgage defaults and reinstate a mortgage.
- Debt CollectionFor debtors, one of the most useful aspects of filing a bankruptcy petition is the creation of an automatic stay on debt collection efforts. Once the bankruptcy petition is filed, all collection activity must stop. This includes past-due rent and eviction proceedings. The automatic stay is designed to protect debtors, and presents landlords with a significant problem when they are trying to collect rent or evict someone.