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Bankruptcy Blog

Archive for October, 2012

Bruce Feinstein, Esq. Quoted in New York Times “Life After Bankruptcy” Article

Written by Bruce Feinstein, Esq. on . Posted in Bankruptcy Blog

Queens Bankruptcy Attorney Bruce Feinstein, Esq. Quoted in the New York Times

How long do you have to wait to qualify for a mortgage after bankruptcy?

 The New York Times called upon Queens bankruptcy attorney Bruce Feinstein, Esq. for his expertise and insight for their recent article, “Mortgages – Life After Bankruptcy.” Journalist Vickie Elmer interviewed Mr. Feinstein for the piece, which examines some common myths surrounding life after bankruptcy and obtaining a mortgage after a Chapter 7 or Chapter 13 filing.

Banks Forgive Previously Discharged Home Loan Debts

Written by Bruce Feinstein, Esq. on . Posted in Bankruptcy Blog

What have major banks been doing for borrowers since the mortgage crisis?

Thousands of Americans with home loans recently received notices in the mail from their banks, saying things like, “We are canceling the remaining amount you owe Chase!” and “You are approved for a full principal forgiveness of your Home Equity Account.” That all sounds well and good, but there is a problem: many of these individuals don’t owe the money anymore. They filed for bankruptcy and had that same debt wiped out, oftentimes several years ago.

Dangers Surrounding the Student Loan Bubble in America

Written by Bruce Feinstein, Esq. on . Posted in Bankruptcy Blog

student loan debt

Just how bad is the student loan bubble in the U.S., and how will that affect us?

Many of us know that student loan debt is an important issue: we read about it in the news, politicians disagree about what they are going to do to solve it, and we hear the term “student loan bubble” used by the media. But is it all hype? How bad is the student loan debt situation in the U.S.?

Two Secrets You Need to Know About Bankruptcy

Written by Bruce Feinstein, Esq. on . Posted in Bankruptcy Blog

Two Secrets You Need To Know About Bankruptcy

What are some common myths surrounding bankruptcy?

We have had experiences with clients who come to the office feeling like they are alone – they are ashamed to consider filing for bankruptcy because of the misconceptions surrounding debt relief. And it is common to hear someone dismiss those who go through bankruptcy as being frivolous spenders who are bad with money and are somehow taking advantage of the legal system. But this is the wrong way to see bankruptcy. Let’s look at a couple secrets surrounding debt relief that will help change the way we view it.

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The Law Offices of Bankruptcy Attorney Bruce Feinstein, Esq. handles cases from all over New York including: Queens, Manhattan, Brooklyn, Bronx, Nassau County and Suffolk County Long Island

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