As many readers are aware, individuals whose income exceeds the median income in New York State are required to do "means testing" to determine if they qualify for chapter 7 personal bankruptcy.In New York State the median income for a family of 1, 2 or  3 is listed below and if a Debtor’s income exceeds the state’s median income they must do means testing. Household Size Monthly Income Annual Income1 $5,058.00 $60,696.002 $6,429.92 $77,159.003 $7,709.00 $92,508.00 If an individual wants to file for chapter 7 bankruptcy and they do not pass the means test, then there is a "presum

“Diane and Jay were wonderful to work with.” P.

“Being of Service to Others certainly overshadowed any money motivation…in the end her expert consultation did not cost us any money. ” G.G.

“Diane has been a G_d send to me. My previous attorney was disbarred and I had a hearing before the Bankruptcy (Judge not the Trustee). Diane jumped in. Attended my court date and has taken care of me from there. . ” M.W.

After Paying for Ten Years, Nina Got Public Service Student Loan Debt Forgiveness There’s very little bankruptcy law can do to help people with student loans. But as a bankruptcy lawyer, I can at least give people good advice.   Since 2017, I started steering people who seemed eligible to Public Service Student Loan Debt […]

After Paying for Ten Years, Nina Got Public Service Student Loan Debt Forgiveness There’s very little bankruptcy law can do to help people with student loans. But as a bankruptcy lawyer, I can at least give people good advice.   Since 2017, I started steering people who seemed eligible to Public Service Student Loan Debt […]

“Diane helped me navigate through these dark and difficult times. ” J.M.

When faced with bankruptcy, we usually think of selling our possessions or having creditors seize them. Many fear this very notion since it always gives them thoughts of losing everything and I mean everything they worked so hard for. Of course, this won’t happen instantaneously. Creditors won’t just magically show up at your door and grab a hold of everything in your home.  There is always a procedure and that is what this blog covers.