For the last several years, those considering filing bankruptcy in New York who lived in either a rent-controlled or rent-stabilized apartment had to consider the possibility of losing their home if they filed bankruptcy. It seemed crazy that some of the most vulnerable among us risked becoming...

As discussed in previous blogs, due to a loophole in the law, those who file bankruptcy in New York and who live in rent-controlled or rent-stabilized apartments risk losing their homes. Although there has been no resolution of this unfortunate situation, there have been some developments in two...