We all love a story about a person overcoming hardship and setbacks to achieve success and to find happiness. There are many such stories. Here are my 5 favorites. #1 Abraham Lincoln – We typically think of Lincoln toward the end of his life during his difficult years as president of the United...
Rent Controlled and Rent Stabalized Tenants Filing Bankruptcy Still at Risk to Lose Homes
When then Governor David Patterson signed into law a bill in 2011 increasing the amount of assets that a person is allowed to keep when filing bankruptcy in New York, I expressed concern that individuals living in rent-stabilized and rent-controlled apartments were in danger of having their leases...
Considering a Reverse Mortgage? Beware!
A reverse mortgage allows a homeowner who is at least 62 years old to receive money from a lender, which does not need to be paid back until the borrower no longer lives in the home or dies. This sounds like a pretty good idea to many people, especially if they lack sufficient income to pay their...
Man Refuses to Give His Wife Religious Divorce Marries Another
Meir Kin divorced his wife in California, however he refused to give his wife a religious divorce; which in the Jewish religion is known as a get. A woman that was married in a Jewish religious ceremony can’t remarry in the religion unless she is given the get. This is essential to an observant...
Pending Legislation to Make Private Student Loans Dischargeable in Bankruptcy
Currently, Americans owe more than 1.2 trillion dollars in student loans. This exceeds all other categories of consumer debt, including credit cards and auto loans. Some predict that this massive amount of student loan debt will be the next big crisis for our economy. A private student loan is a...