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Law Offices of Stephen B. Kass, P.C.

New York Attorney Stephen B. Kass

(212) 843-0050

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Chapter 7

February 24, 2012 By Stephen Kass

Frequently Asked New York Bankruptcy Questions

Many times people do not file bankruptcy to get rid of their financial worries because they do not ask the right questions to better understand the bankruptcy process. The following answer frequently asked questions about bankruptcy proceedings: What is bankruptcy? Bankruptcy is a proceeding to discharge debt for individuals. Bankruptcy provides a fresh start to

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Filed Under: Bankruptcy, Chapter 13, Chapter 7

February 23, 2012 By Stephen Kass

Legal Problems May Lead to Bankruptcy

Many people get into financial debt because of legal problems. Individual legal problems can stem from contract disputes or tax problems. Speak with an experienced NY bankruptcy attorney to understand if the type of debt incurred from a legal dispute can be wiped out by filing bankruptcy. A tax debt may not be dischargeable in

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Filed Under: Bankruptcy, Chapter 13, Chapter 7

February 1, 2012 By Stephen Kass

Filing for Chapter 7 After A Divorce

Many couples argue over money. One spouse may be cheap. Another spouse may be a spender. The couple may be in conflict about their credit card bills, the mortgage or car payments. Debt can cause a relationship to fall apart. A divorce may establish clarity in a couple’s private life, but does not make debt

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Filed Under: Bankruptcy, Chapter 7

November 18, 2011 By Stephen Kass

Do not Keep a Home Purchase a Secret During Bankruptcy

For the ordinary person who sees a home he/she likes, s/he may let a real estate agent know to begin the purchase process, and conclude by signing their name in closing documents, making where s/he lives public in home sales reports. However, according to Zillow.com, celebrities often keep where they live a secret with non-disclosure

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Filed Under: Bankruptcy, Chapter 13, Chapter 7

September 19, 2011 By Stephen Kass

Frequently Asked Questions on Chapter 7 bankruptcy

What is Chapter 7 bankruptcy? Chapter 7 liquidation bankruptcy comes from the Bankruptcy Code found at Chapter 7 of Title 11 of the United States Code.  Chapter 7 is designed to give the New York debtor a new start. In Chapter 7, the debtor gets released from having to pay all dischargeable debts.  Creditors are

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Filed Under: Bankruptcy, Chapter 7

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Testimonials

I highly recommend using Steve Kass as an attorney. I had a serious issue with the IRS involving real property, a company I built and sold, and multiple years of taxes which were unfairly and incorrectly assigned to me and had been hanging over my head because my efforts to negotiate...

Sean

Mr. Kass and his professional office staff helped me through every step of the way which without his expert guidance would not have been successful. Mr. Kass was able to a access my situation quickly and advise me. I highly highly recommend making an appointment with Mr. Kass

Vivian

I consider myself very lucky to have found Stephen B. Kass last year. We were drowning in credit card debt and were on the verge of filing bankruptcy. Mr. Kass was able to negotiate with all of our creditors and reduce the balances SIGNIFICANTLY. Within one year we are debt free

Alexandra

Stephen and legal staff provided superb, accurate, and detailed financial analysis. Stephen has an exquisite knowledge of financial planning and tax law, and was able to make tailored, individualized recommendations that have helped me tremedously with regard to long-term financial planning and resolution of tax issues. Office staff are skilled

John

I had a great experience with Stephen Kass. He took legally complicated case from another attorney and resolved it. Years later, when his assistance was needed, he responded right away, remembering every detail of the case. He is an expert in his field and great person to work with.

Victor

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Recent Articlas

  • Small Business Reorganization ACT (Subchapter 5 under Chapter 11)
  • Presumption of Abuse in Chapter 7 Bankruptcy
  • Civil and Criminal Tax Fraud in NYC
  • Tax Consequences of Foreclosure
  • Discharging Income and Non-Income Tax Debt

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New York, NY, 10001
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