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Rent Stabilized Apartments are Now Protected under NY Law When Filing Bankruptcy

Rent Stabilized Apartments are Now Protected under NY Law When Filing Bankruptcy

For the last several years, those considering filing bankruptcy in New York who lived in either a rent-controlled or rent-stabilized apartment had to consider the possibility of losing their home if they filed bankruptcy. It seemed crazy that some of the most vulnerable among us risked becoming...

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...

Beware if you need to File Bankruptcy in NY and Live In a Rent Controlled Rent or Rent Stabilized and Apartment

Due to  a quirk in the law those filing bankruptcy in New York face the real possibility of losing their rent stabilized or rent controlled apartments.  I first brought this subject up in my blog entry on May 5, 2012, which you can read for more on this subject. After writing that entry I did...

Legally Married Same Sex Couples May Now File Joint Bankruptcy

Although equal rights for same sex couples still have a long way to go, progress is being made.  Although same sex couples are still not allowed to marry in many states, they can now file bankruptcy.  In order to do so the couple must be legally married in a state or nation that allows gay and...

What the Supreme Court Ruling on DOMA Means for Same Sex Couples?

If you are married and live in New York or any of the other 13 jurisdictions in the United States that recognize same-sex marriages*, the death of Section 3 of DOMA (the Defense Of Marriage Act) means that, if you are a married gay or lesbian couple, you will enjoy all of the rights and...