Law Offices of Steven J. Abelson Esq.

06/27/2023

The Covid-19 deferment of student loan payments ends this month and required payments will resume by summer’s end. Interest will resume on September 1, 2023 and payments will be due again starting in October.

Contact us to see what can be done.

Time is running out on the COVID-19 deferment for federal student loan payments, act now and get a review to determine your options.

02/28/2023

What’s New? Discharge Student Loans For Undue Hardship. The U.S Department of Justice issued revised protocols in November 2022 for its interpretation of the undue hardship standard for discharge of federal student loans.

Learn more here:
https://www.atrbklaw.com/whats-new-discharge-student-loans-for-undue-hardship/

12/05/2022

Significant Changes Happening In Student Loan Debt Law

This fall has seen the most substantial and consequential revisions to the area of student relief in the last 25 years. While much of it is not finalized, if you have any consequential amount of student loan indebtedness, you should be aware of these changes.

Learn about these possible impacts:
https://www.atrbklaw.com/learn-what-changes-are-happening-in-student-loan-debt-law-that-could-impact-you-and-your-loans/

08/25/2022

We've made it easy to find out if you're eligible for the new Student Loan Forgiveness programs. If you are currently in default on federal student loans, please contact us to discuss a rehabilitation plan to resolve the default immediately, so that that you are eligible for any of these plans.

https://www.atrbklaw.com/the-biden-administration-has-just-announced-additional-measures-to-offer-debt-relief-to-those-with-federal-student-loans-heres-how-to-determine-if-you-qualify-for-this-relief/

07/10/2022

Recent Congressional legislation and Executive Action by the Biden Administration through the Department of Education has expanded opportunities for debt relief for many individuals with burdensome student loans. Professional review is essential to ensure you receive the most benefit.

Read More:

Recent Congressional legislation and Executive Action by the Biden Administration through the Department of Education has expanded opportunities for debt relief for many individuals with burdensome student loans. Professional review is essential to ensure you receive the most benefit.

06/29/2022

More People And Businesses Are Now Eligible For Chapter 13 Bankruptcy For A Limited Time.

Congress has passed and President Biden has signed legislation that expands the availability of Chapter 13 for Debtors – at least for the next two (2) years.

08/27/2021

BEWARE. The Hidden Traps In The Eviction Moratorium Extensions.

As Public Service officials have scrambled to protect those most affected by the Pandemic from the bulging backlog of foreclosures and rental evictions – and have continued to extend those eviction moratorium deadlines – it is necessary to consider the limits to which Bankruptcy will be able to offer protection when those extensions end. Those limits can be significant and severe.

Read More:

As Public Service officials have scrambled to protect those most affected by the Pandemic from the bulging backlog of foreclosures and rental evictions – and have continued to extend those eviction moratorium deadlines – it is necessary to consider the limits to which Bankruptcy will be able to ...

07/19/2021

One of the more paradoxical effects of the Pandemic has been the resulting substantial increase in values of residential real estate. Unless the sale of the real estate was anticipated, this may not be the boom to homeowners one might think. If bankruptcy is being contemplated as a result of work layoffs or debt assumption during the Pandemic (or already recently filed), it in fact can be quite problematic.

Read More: https://www.atrbklaw.com/blog/item/rising-real-estate-values-can-pose-landmines-in-bankruptcy

05/13/2021

Is It Time for Post Pandemic Financial Review?

We're introducing our new service to help people get a better idea of where they stand with their debt due to the pandemic. Similar to a traditional consultation but we help identify your best course of action with the various available stimulus options.

Read More: https://www.atrbklaw.com/blog/item/is-it-time-for-post-pandemic-financial-review

05/13/2021

Is Subchapter 5 a Better Alternative to Traditional Chapter 11 for Small Businesses?

Read Our Latest Article: https://www.atrbklaw.com/blog/item/is-subchapter-5-a-better-alternative-to-traditional-chapter-11-for-small-businesses

03/03/2021

Here are some great tips on how to take charge of your finances.

You take vacation days, sick days and mental health days; now it's time to add a financial health day to that list! What to do on it? Behavioral psychologist Wendy De La Rosa shares 10 simple steps you can take to spend less, save more -- and stress less.

11/15/2020

One of the more frequent questions we get as Bankruptcy Attorneys is when is the right time to file. Like most legal answers, “it depends.” Normally (and there are some significant exceptions) I advise individuals that there is rarely a benefit to waiting. One can wait too long and like cancer, the tumor can become inoperable.

Read the full article here: https://www.atrbklaw.com/blog/item/should-i-file-bankruptcy-right-now-or-wait