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...
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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...
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...
Justice Department Takes Courageous Step in Eliminating Discrimination
As I’ve written before, the federal government has taken swift action to ensure that same-sex couples are being treated equally under federal law, post United States v. Windsor. Prior to the decision, only opposite-sex couples were recognized by the federal government as legally married. Since then,...
Student Loans, the Next Big Crisis?
The weak economy and an uncompromising job market has led individuals to seek refuge through higher education. However, a rising cost of education and the high interest rates of private student loans has suffocated recent graduates. University graduates are unable to afford rent, housing, and...