Rochester Bankruptcy and Debt Relief

I wrote in 2020 about a bankruptcy case, In Re Rosenberg, where the court discharged $221,000 in student loans that were accumulated by a law school graduate. At the time, I had substantial doubt...

http://www.rochesterdebtrelief.com/2022/08/16/another-update-on-discharge-of-student-loans-the-challenge-of-obtaining-a-discharge/?utm_source=rss&utm_medium=rss&utm_campaign=another-update-on-discharge-of-student-loans-the-challenge-of-obtaining-a-discharge

Next to home mortgages, motor vehicle loans are often your largest debt. The average cost of a new car or truck sold in the U.S. during 2019 exceeded $36,000.00. Borrowers are taking vehicle purc...

http://www.rochesterdebtrelief.com/2020/09/26/is-your-car-too-expensive-bankruptcy-can-help/?utm_source=rss&utm_medium=rss&utm_campaign=is-your-car-too-expensive-bankruptcy-can-help

As a result of the COVID-19 (“Coronavirus”) pandemic, bankruptcy court implemented significant changes to its procedures in order to protect the health and safety of individuals. Federal cour...

http://www.rochesterdebtrelief.com/2020/03/20/what-happens-to-my-bankruptcy-case-during-the-coronavirus-pandemic/?utm_source=rss&utm_medium=rss&utm_campaign=what-happens-to-my-bankruptcy-case-during-the-coronavirus-pandemic

A significant percentage of retirement plans, like pensions or 401k plans, allow you to borrow money from individual accounts in case of need. One of the most common situations is debtors borrowi...

http://www.rochesterdebtrelief.com/2020/02/09/are-pension-or-401k-loans-dischargeable/?utm_source=rss&utm_medium=rss&utm_campaign=are-pension-or-401k-loans-dischargeable

One of the more difficult problems associated with bankruptcy has been discharge of student loans. A recent decision by Chief Judge Cecelia Morris of U.S. Bankruptcy Court for the Southern Distr...

http://www.rochesterdebtrelief.com/2020/01/11/update-on-discharge-of-student-loans-221000-in-student-loans-discharged/?utm_source=rss&utm_medium=rss&utm_campaign=update-on-discharge-of-student-loans-221000-in-student-loans-discharged

If debtor does not qualify for Chapter 7 bankruptcy, that debtor is likely to qualify for Chapter 13 bankruptcy. The most important issue for anyone filing Chapter 13 is to know is how much th...

http://www.rochesterdebtrelief.com/2016/07/24/determining-chapter-13-repayment-plan-payment/?utm_source=rss&utm_medium=rss&utm_campaign=determining-chapter-13-repayment-plan-payment

Generally, chapter 7 debtors have the right to reopen their cases for various purposes after their case is closed. Usually, the court will allow the debtor to do so to remove judicial liens for ...

http://www.rochesterdebtrelief.com/2016/04/24/debtor-and-ability-to-reopen-bankruptcy/?utm_source=rss&utm_medium=rss&utm_campaign=debtor-and-ability-to-reopen-bankruptcy

In the last few years, especially since Affordable Care Act became law, Health Savings Account (“HSA”) or Flexible Spending Account (“FSA”) became a lot more popular as consumers are deal...

http://www.rochesterdebtrelief.com/2016/02/14/health-savings-accounts-flexible-spending-accounts-and-bankruptcy/?utm_source=rss&utm_medium=rss&utm_campaign=health-savings-accounts-flexible-spending-accounts-and-bankruptcy

I have previously written about dischargeability of student loans in bankruptcy. For most people filing bankruptcy does not result in a discharge of a student loan under the 2005 Bankruptcy Abuse...

http://www.rochesterdebtrelief.com/2015/11/14/student-loans-and-possibility-of-discharge/?utm_source=rss&utm_medium=rss&utm_campaign=student-loans-and-possibility-of-discharge

Homeowners who are underwater on their home mortgages (underwater mortgage means that the homeowner owes more than his/her house is worth) often attempt to do a short sale. A short sale occurs wh...

http://www.rochesterdebtrelief.com/2015/09/12/make-a-choice-between-bankruptcy-and-short-sale/?utm_source=rss&utm_medium=rss&utm_campaign=make-a-choice-between-bankruptcy-and-short-sale