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Bankruptcy can help tenants facing eviction to stay in their homes, eliminate rent arrears
On January 15, 2022, the New York eviction moratorium terminated. For many tenants who are behind in their rent across the state, this means that they are now subject to eviction by their landlords. Bankruptcy can be helpful in resolving the debt that unpaid rent has triggered. In a Chapter 7 bankruptcy, the tenant who…
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Chapter 13 Debtors May Have Options When Plan Payments No Longer Feasible
During the pendency of a Chapter 13 bankruptcy, debtors may find that due to circumstances beyond their control, they are no longer able to make the requisite plan payments to the trustee. If plan payments are not made as required, the debtor will find himself the subject of a Motion to Dismiss for Failure to…