“The US health care financing system is broken, and not only for the poor and uninsured” According to a recent study in The American Journal of Medicine, middle-class families are collapsing under the strain of “a health care system that treats physical wounds, but often inflicts fiscal ones”. The study, (http://pnhp.org/new_bankruptcy_study/Bankruptcy-2009.pdf) claims that 62.1% of all bankruptcies [...]
June 2009
Six of the 10 cities where wages have fallen the fastest this year are in New York. Average wages fell dramatically in Rochester, Syracuse, Albany, New York, Poughkeepsie and Buffalo – and the decline has been devastating on New York State’s finances, according to a study released last week from the Brookings Institution. It is [...]
“I don’t want to file bankruptcy on my house!” “I don’t want to file bankruptcy on my car!” “I owe my mom some money but I don’t want to file bankruptcy on her!” Every bankruptcy attorney practicing in this country has heard these phrases or variations of them. The client wants to keep his home so he [...]
Congress is considering proposals that would reform the health care system. Some, like Senator Bernie Sanders of Vermont are citing massive fraud by the health care industry and calling on “real health care reform to prevent major insurance companies, drug companies and hospital chains from perpetrating fraud and abuse on government health care programs and individuals.” Sanders [...]
You don’t have to put up with harassing phone calls from bill collectors. In 2008 alone, over 78,000 consumers filed complaints with the Federal Trade Commission. The Fair Debt Collection Practices Act (“FDCPA”) sets restrictions on how creditors can attempt to collect debts. The Federal Trade Commission enforces the FDCPA, and has stated that debt [...]
Once you have paid off your mortgage in full, the mortgage company is under an obligation, at least in New York State, to discharge your mortgage within thirty days. Unless you request otherwise, the mortgage company should present a satisfaction of mortgage to the county clerk’s office for recording within thirty days. Your mortgage company [...]
