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Long Island Bankruptcy Blog

Daily posts about consumer bankruptcy, defending foreclosure, and the economy, with special attention to New York and Long Island.
Long Island Bankruptcy Blog  
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Judge Cancels Mortgage Due to Mortgagee's Shocking Behavior in Long Island Foreclosure Action

Nov 24, 2009
Written by Craig D. Robins, Esq.   Suffolk County foreclosure proceeding resulting in total cancellation of mortgage spells a major victory for homeowner   A Suffolk County homeowner who fell behind on her mortgage was sued by the mortgagee, IndyMac...

It's No Wonder Bankruptcy Filings Are Skyrocketing

Nov 22, 2009
  Written by Craig D. Robins, Esq.   I recently wrote a post about how Bankruptcy Filings Are Reaching New Highs .  Looking at the above chart, we get an indication as to one of the major reasons why this is so.   The above graph, courtesy of the...

Bankruptcy Filings Are Reaching New Highs

Nov 19, 2009
   Written by Craig D. Robins, Esq.   Individual Bankruptcy filings have continued to increase this year, bringing the filings for those overwhelmed by consumer debt to new highs since the bankruptcy laws were overhauled in 2005.   Nationally, the...

Can Credit Card Companies Trust the Collection Firms They Hire?

Nov 18, 2009
Written by Craig D. Robins, Esq.   Law Firm of Bill Collectors Dissolves Amid Law Suits Alleging that the Collection Firm Engaged in Fraud   I previously wrote about debt collector law firms in New York that had gotten in trouble with the law.  Debt...

New Bankruptcy Chapter: Chapter 14 ???

Nov 17, 2009
Written by Craig D. Robins, Esq.   Possible New Bankruptcy Chapter for Companies “Too Big To Fail”   We are all familiar with bankruptcy Chapters 7, 11 and 13.  Then there’s Chapter 9 for municipalities, Chapter 12 for farmers, and rather recently,...


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