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When Is the Right Time to Declare Bankruptcy?

Tuesday, June 23rd, 2020

Bankruptcy can be a great tool for handling financial hardship and giving you the fresh start you need. However, most people who file for bankruptcy don’t do so at the right time. This means that while they do benefit from bankruptcy, they don’t get all of its benefits. How do you determine when to file...  read more

Who Can You Disinherit?

Monday, June 15th, 2020

If you have had a major falling out with a family member, you may want to legally disinherit them. This term simply means you leave them nothing in your will. Legally, they are not entitled to any asset or part of your estate. Of course, as with any legal action related to your estate, there...  read more

Why You May Want to Leave a Token Inheritance to Someone

Friday, May 29th, 2020

You may have heard of someone leaving one of their children or other relatives a dollar in their will. Why would they do that? Was it a joke? In many cases, leaving someone a token inheritance is not a joke. It’s actually a legal strategy that can help stop that person from contesting the will....  read more

Reasons Bankruptcy Is Nothing to be Embarrassed About

Friday, May 15th, 2020

Have you declared bankruptcy? If you have, you may not be in any hurry to admit it. Bankruptcy is often looked down upon. People see it as a sign that you’ve failed, but that’s not necessarily the case. There are many reasons why bankruptcy is nothing to be embarrassed about. Here are a few of...  read more

Everything You May Need to List During a Bankruptcy

Wednesday, April 29th, 2020

If you’ve made the decision to file for bankruptcy, one of the early steps is to make a list of all of your assets. However, before you can do that, you need to understand what the court considers assets. You may find that some of the things you own don’t count, but others you assumed...  read more

When Should You Change Your Will?

Wednesday, April 15th, 2020

Your will is one of the most important documents you’ll ever write. It outlines your final wishes and what you want done with your assets. While a lot of people only think about writing their will once, it’s actually a document you should update from time to time. When should you change your will? Here...  read more

Stimulus Checks Are Coming Next Week. Could Private Debt Collectors Grab Them?

Tuesday, April 14th, 2020

Next week, millions of Americans will begin receiving direct deposits from the federal government as part of the $2 trillion coronavirus rescue package signed by President Trump last month, but in some cases, private debt collectors may still be able to access that money. Here’s what you need to know. Right now, there is no...  read more

Kanzer Law COVID-19 Virus Updates

Tuesday, March 24th, 2020

Please be advised that New York has temporarily suspended debt collection  only for money owed to the State . New Yorkers who owe money to the state, effective immediately, will no longer have to pay their student debt, medical debt, and other forms of state-referred debt, for at least 30 days because of the COVD-19...  read more

Household Debt Tops $14 Trillion as Mortgage Originations Reach Highest Volume Since 2005

Tuesday, March 17th, 2020

NEW YORK – The Federal Reserve Bank of New York’s Center for Microeconomic Data today issued its Quarterly Report on Household Debt and Credit, which shows that total household debt increased by $193 billion (1.4%) to $14.15 trillion in the fourth quarter of 2019. This marks the 22nd consecutive quarter with an increase, and the...  read more

Coronavirus Will Bankrupt More People than it Kills

Tuesday, March 17th, 2020

Coronavirus’s economic danger is exponentially greater than its health risks to the public. If the virus does directly affect your life, it is most likely to be through stopping you going to work, forcing your employer to make you redundant, or bankrupting your business.   The trillions of dollars wiped from financial markets this week...  read more