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Rent Controlled and Rent Stablized 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!

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

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

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.
More Older Married Couples are Deciding to Divorce

More Older Married Couples are Deciding to Divorce

While divorce rates are either stabilizing or even decreasing across most American demographics, divorce rates among Americans over the age of 50 are rising. Today, with an over 15% increase in the divorce rate in the last 20 years, more Americans over the age of 50 are, for the first time, divorced...