Lawyers

  Redemption in Chapter 7 Bankruptcy 11 U.S.C §722 authorizes an individual debtor to redeem tangible personal property intended primarily for personal, family, or household use, from a lien securing dischargeable consumer debt. A debtor in a  Chapter 7 bankruptcy  may have the ability, or more accurately, the opportunity to redeem personal property. Redemption is the process in which a debtor in bankruptcy elects to pay the secured portion of a loan, allowing the debtor to keep the property, while, discharging the unsecured portion of the debt. The debtor pays an amount equal to the fair market value of the loan collateral. Basically, the debtor pays the secured creditor the fair market value of the property or an amount equivalent to the secured portion of the debt, discharges the unsecured portion of the debt, and gets to keep the property. Redemption does not apply to non-consumer debts such as business debts or tax debt. Redemption does not apply to property not ...

  An Estate Plan for Your Second Marriage Even while love is more beautiful the second (or third…) time around, it is far more difficult. We are often older, for starters. This implies that we will have fewer working years left to recuperate from a divorce that would have been financially disastrous. In my opinion, having a prenuptial agreement is crucial for ensuring that each party has a minimum level of financial stability in the event of a break. Adult children are, in my opinion, the most complicated factor. I haven't seen a second marriage when the parties' respective kids don't cause conflict. In the absence of a solid strategy, the death of the first spouse frequently triggers World War III. Usually, this entails being the owner of the primary residence. My younger husband will probably want his name added to the deed if he moves in and I am the home's owner. "Of course take care to ensure that my children ultimately get the house," he wil...

  Divorce is unquestionably one of the most difficult life events, necessitating cautious maneuvering through intricate legal issues. It becomes imperative to have the correct legal representation when faced with such a critical occasion. It’s a smart move to consult with the best divorce attorneys in Brooklyn because of the city’s volatile legal environment and strong emotions. Why Opt for the Best? The legal market is vibrant and offers a variety of options in a city with the diversity of Brooklyn. But choosing the best divorce attorneys is essential for protecting your rights and making sure the divorce goes smoothly. In Brooklyn, one such renowned company that sticks out is LM Divorce Lawyers. Regarding LM Divorce Attorneys: A depth of experience and a dedication to quality in family law are brought by LM Divorce Lawyers. Their group of knowledgeable lawyers specializes in divorce disputes and is committed to offering individualized, sympathetic, and stron...

  Speak with Our Long Island Bankruptcy Lawyer Today to Get a New Financial Start! Are you struggling to make ends meet while facing overwhelming debt? A bankruptcy lawyer or attorney on Long Island could help you through the difficult process of declaring bankruptcy. Finding an experienced and competent lawyer who can guide you through the process and help you start over is essential, regardless of whether you are thinking about filing for Chapter 7 or Chapter 13 bankruptcy. Bankruptcy: What is it? A legal procedure called bankruptcy enables people or companies to get rid of or restructure their debt. Although there are many forms of bankruptcy, Chapter 7 and Chapter 13 bankruptcy are the most prevalent for people. While Chapter 13 bankruptcy is setting up a repayment plan that enables you to pay off your obligations over time, Chapter 7 bankruptcy involves selling assets to satisfy creditors. Benefits of Bankruptcy Filing Although declaring bankruptcy ca...

  A CONTESTED DIVORCE IN NEW YORK: SKILLED LEGAL ASSISTANCE Greetings: It can be difficult to consider a disputed divorce from an emotional and legal standpoint. In New York, it is essential to have the assistance of a skilled and qualified divorce attorney while dealing with such a circumstance. We at  Beckerman & Granados PLLC  are here to help you through the process with compassion and knowledge because we recognize how complicated disputed divorces may be in New York. We will discuss the details of a contentious divorce, the value of working with an experienced attorney, and how our team can support you during this trying time in this blog article. Comprehending Contested Divorce in New York When a couple can’t agree on one or more important issues — like child support, alimony, asset partition, or custody — a contentious divorce results. A disputed divorce frequently contains issues and necessitates judicial action to resolve them, in contrast to an...

  GAMBLING WINNINGS: Owing taxes is a sure bet Jonny Xavier is a typical twenty-year-old dude who lives with his parents in Long Island, NY. Living at home provides him with the ability to save money so that one day he will be a homeowner. He is working full-time at the Amazon fulfillment center where he oversees picking and packaging orders before they are sent out for delivery across the island. Jonny also works for extra money on the weekends with Amazon Flex, which allows him to use his own car to make deliveries of Amazon packages. With consistent work ethic and diligence, there is little doubt that one day Jonny will have enough money saved to purchase a home and start a family of his own. Life cannot be all work and no play. Jonny was an all-state football player in high school and still has a passion for sports. He missed the “high” of playing in big games; however, he has recently experienced a similar feeling when his buddies introduced him to online sports b...

Pet Planning Safeguarding the Future of Your Furry Loved Ones Seventy percent of Americans include members of their furry families in their household. Our animals bring us happiness, companionship, and unconditional love. We work hard to protect our pets' wellbeing in all facets of their lives as conscientious pet parents. But in the midst of optimal nutrition, veterinary treatment, and grooming, there is one obvious gap: future legal preparation for our dogs. It's important to include our pets' wellbeing in our estate plans in the event that we become incapacitated or pass away, just as we would for our loved ones. Taking Care of Pets: It is essential to name a pet caregiver when creating an estate plan. If you become incapable of caring for your pets, this person should be able and willing to take over their care. Create a Pet Trust: The best method for providing continued care is to set up a pet trust. This enables you to set aside money expressly for your pets' upke...

  Getting Through the Legal Maze: A Comprehensive Guide to Selecting the Best Divorce Attorney in Queens Introduction: Divorce is unquestionably one of the most difficult periods in a person’s life. It becomes vital to have the best legal counsel during this critical time. Finding a reputable and skilled divorce lawyer is essential if you’re in Queens, New York, and need to navigate the complicated divorce procedure in order to guarantee a just and seamless outcome. Recognizing the Value of a Divorce Attorney: A number of legal issues, including asset partition, child custody, and spousal maintenance, are involved in divorce procedures. A knowledgeable divorce attorney can help you navigate the complex legal procedures, defending your rights and pushing for the most favorable result. What Makes a Superior Divorce Attorney: 1. Knowledge of Family Law: Seek out a divorce attorney who specializes in family law. This experience guarantees a thorough co...

  USING CELL PHONE RECORDS AS EVIDENCE IN DIVORCE CASES The Power of Cell Phone Records in Divorce Proceedings In today’s digital age, cell phone technology presents both opportunities and challenges, especially in divorce cases. Learn how cell phone records can become valuable evidence, particularly in matters of infidelity, and how  Beckerman & Granados, PLLC , a trusted New York divorce lawyer, can help you leverage this technology to strengthen your case. Navigating Phone Privacy in Divorce Cases Understanding the boundaries of phone privacy and how shared phone plans can impact what records are accessible in a divorce. Extracting Crucial Information from Cell Phone Records Discover how text messages, emails, and other data on cell phones can provide critical evidence in divorce proceedings, shedding light on potential infidelity. Dealing with Secondary Phones Uncover the tactics some spouses employ to conceal their actions, including us...

 If a New York State resident incurs New York State tax debt which including interest and penalties exceeds $10,000, under a existing program New York State Department of Taxation and Finance may suspend a taxpayer’s driver’s license to enforce collection of the past due balance. See New York Tax Law Section 171-v. While the program has enjoyed considerable success in helping New York State raise funds to augment its depleted coffers, for the unsuspecting taxpayer who is completely ignorant that falling behind in his tax payments to New York State could result in the taxpayer being grounded, unable to use his vehicle even to drive and engage in gainful employment so as to amass funds to make inroads on the tax debt, the loss of the use of a driver’s license can be both devastating and debilitating. While various steps can be taken by a taxpayer to obtain relief from the suspension, such as entering into a repayment plan, or proving “undue economic hardship”, these procedur...