You or a relative might have unclaimed funds. Lost or unclaimed money gets turned over by organizations required to report dormant accounts to the New York State Office of the State Comptroller. This money includes things like forgotten savings accounts, lost paychecks, and stocks or bonds. Banks, insurance companies, corporations and the courts are among…
CLICK HERE if you are interested in electronically signing the petition discussed below. (At this time, there are already over 25,000 signatures) 🟥 I have recently seen many recent international student graduates solicit their resumes aggressively because they will not be able to stay in the country much longer because their F1/OPT visa does not…
This book discusses how to raise your credit score. It includes new ways that you can increase your credit that previously were not available. For example, rent that you pay and the cell phone bill you pay can count towards increasing your credit score. This is a MUST read because you can increase your score…
Small business owners qualify for chapter 7 bankruptcy. The Coronavirus aftermath is destroying small businesses. The small business debt is typically debt which has been co-signed by the business owner. That makes the owner liable. The creditors will look to collect from the business owners which means dealing with creditors, lawsuits, wage garnishment, judgments, liens,…
Glossary of Credit Terms 2-percent rule A rule of thumb to see if refinancing a mortgage loan is a good financial decision. The rule says you should refinance if you can lower the interest rate on the loan by at least 2 percentage points (for example, to 7% percent from 9%). However, factors such as…
STEPS IN A BANKRUPCY CASE Mandatory Credit Counseling You must obtain a certificate from an approved credit counseling agency before you can file your case. It is expected that this can be done over the internet and will likely cost approximately $35- 45. A copy of any payment plan devised by the counseling service must…
Beware of the ten day rule If you get pulled over for something, and if you mention to the police officer that the address on your driver’s license is NOT your current address, you might get another ticket you didn’t expect. The reason for this is that New York State law (Article 19 section 509-8) requires…
Understanding Defensive Driving and Points on a NY Driver’s License If a New York driver receives a traffic ticket that results in points on their license, they often hear from police officers, lawyers, prosecutors, and even judges that taking a defensive driving course will “offset” four points. Websites advertising these courses also state things like:…
Convert a Chapter 13 to a Chapter 7 A chapter 13 client (currently in a payment plan with a confirmed case) has had a significant revenue loss due to the virus. They told me they wanted to apply for a SBA loan under the CARES act. However, in reading through the application guidelines, these loans…
Section Subsection Combined Description of Violation for VTL Sections 207 5 207 5 Misuse / unlawful disposal of uniform traffic summons Periodic Inspection of Motor Vehicles – Article 5 306 (b) 306 (b) Uninspected MV 306 (e) 306 (e) Issue or use fake or counterfeit inspection certificate Financial Security – Article 6, 7, 8 318 7 318…
