Not really.
This question comes up rather often. If you are going to file bankruptcy, you are required to list all of your creditors. If you don’t owe any money on a certain credit card (zero balance), then they are not a creditor and you don’t have to list them on your bankruptcy schedules. However, this does not mean that your credit card account won’t be closed anyway. Many credit card companies monitor bankruptcy filings and will close your account when they find out that you have filed bankruptcy. You may be able to keep the account open by reaffirming the debt. Reaffirmations can have serious consequences. Your bankruptcy attorney will be able to advise if reaffirming the debt makes sense in your case. Be sure to inform your bankruptcy attorney of ALL your credit card accounts so that he or she can properly advise you.
We proudly assist residents of Long Island (Nassau county, Suffolk county) and New York City (Queens, Brooklyn, Bronx, Staten Island, Manhattan) with their bankruptcy filings.
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Maybe.
The NYC Department of Housing Preservation and Development (HPD) requires registration of One- and two-family dwellings that are not occupied by the owner or his/her family member. Not having your property registered could lead to a fine, dismissal of your landlord tenant eviction case or denial of back rent owed to you by your tenant. Also see our earlier post What’s your MDR number?.
We proudly assist residents of Long Island: Nassau county, Suffolk county, New York City: Queens, Brooklyn, Bronx, Staten Island, and Manhattan with their landlord tenant matters.
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Cash advances taken shortly before filing bankruptcy can be problematic for the debtor. Some creditors will file an adversary proceeding if they believe the cash advance is nondischargeable. This type of adversary proceeding is basically a lawsuit against you to determine the dischargeability of the cash advance. It must be defended like any other lawsuit or a default judgment will be taken against you. This type of action is by no means a slam-dunk for the creditor. However, some cash advances are presumed nondischargeable. This basically makes it easier for the creditor to make their case. Therefore, it would be wise to mention cash advances you have taken to your bankruptcy attorney before he of she files your bankruptcy case.
We proudly assist residents of Long Island (Nassau county, Suffolk county) and New York City (Queens, Brooklyn, Bronx, Staten Island, Manhattan) with their bankruptcy filings.
Call (516) 858-2620 to arrange a FREE consultation with a bankruptcy attorney!
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