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The purpose of federal bankruptcy legislation, sometimes known as Title 11 of the United States Code or the “Bankruptcy Code,” is to provide an opportunity for financial reorganization or a fresh start for legitimate debtors who are unable to fulfill their obligations.
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As you are undoubtedly aware, many homeowners are in arrears on their mortgages as a result of the 2020 recession brought on by the coronavirus. At first, most lenders had been understanding and would have granted a brief suspension of the late payments.
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Tuckahoe, a village nestled in Westchester County, New York, USA, spans one-and-a-half miles in length and three-quarters of a mile in width, with the Bronx River marking its western boundary. Positioned approximately sixteen miles north of midtown Manhattan in Southern Westchester County, Tuckahoe boasted a population of 6,486 according to the 2010 census.
Access to the village is facilitated by the Metro-North railroad system, with convenient stations at Tuckahoe and Crestwood. Commuters can reach these stations from New York City’s Grand Central Terminal in just 32 and 34 minutes, respectively.
Industry and growth
The name “Tuckahoe,” originating from the Native American term meaning “it is globular,” referred to various bulbous roots used as food by indigenous peoples of the region. Throughout the 1700s and 1800s, Tuckahoe remained a rural, minor community within the larger town of Eastchester. However, in the early nineteenth century, Tuckahoe gained prominence within the New York Metropolitan Area following the discovery of extensive deposits of high-quality white marble near the Bronx River by Scottish entrepreneur Alexander Masterson.
Utilizing his financial resources and influence, Masterson kickstarted Tuckahoe’s marble industry by establishing its first quarry in 1812. The exceptional quality of “Tuckahoe Marble” quickly garnered significant demand, propelling the once quiet village into becoming the “marble capital of the world.” To facilitate transportation of marble to the city, the New York and Harlem Railroad opened two train depots in Tuckahoe during the 1840s.
The flourishing marble industry attracted successive waves of immigrant workers, including German, Irish, Italian, and post-Civil War African-Americans from the South. For nearly a century, the Tuckahoe quarries thrived before dwindling supplies led to the industry’s decline.
The village’s Church of the Immaculate Conception stands as a testament to this era, constructed using Tuckahoe Marble to serve the predominantly Catholic population.
In the 1920s, Burroughs Wellcome, later part of GlaxoSmithKline, established research and manufacturing facilities in Tuckahoe, contributing significantly to the local economy. Notably, Nobel Prize-winning scientists Gertrude B. Elion and George H. Hitchings conducted groundbreaking research there, leading to the invention of drugs like mercaptopurine, which are still in use today. However, Burroughs Wellcome relocated to Research Triangle Park in North Carolina in 1971.

Tuckahoe village, positioned at coordinates 40°57′11″N 73°49′25″W (40.953110, -73.823609), is situated in the lower, central area of Westchester County. It shares borders with the village of Bronxville to the south and the unincorporated part of the town of Eastchester to the north and east. The Bronx River acts as its western boundary, separating it from the Crestwood section of Yonkers.
Tuckahoe enjoys convenient access to several major roadways, including the Bronx River Parkway, White Plains Road (Route 22), the Major Deegan Expressway (I-87), the Hutchinson River Parkway, and the Cross County Parkway.
According to data from the United States Census Bureau, the village encompasses a total area of 0.6 square miles (1.6 km2), entirely comprising land.
According to the 2010 census data, Tuckahoe village was home to 6,486 individuals residing in 2,855 households, with 1,657 families. The village comprised 3,122 housing units. The racial composition was as follows: 67.5% White, 10.2% African American, 12.1% Hispanic or Latin of any race, 8.2% Asian, 1.7% from two or more races, 0.2% from other races, and 0.1% Native American.
Among the households, 29.4% had children under the age of 18 living with them, 42.0% were married couples, 12.7% were headed by a female householder with no husband present, and 42.0% were non-families. Additionally, 37.3% of households consisted of individuals, and 27.9% had someone aged 65 years or older living alone. The average household size was 2.27, and the average family size was 3.04.
The population distribution by age was as follows: 23.7% under the age of 20, 4.7% aged 20 to 24, 29.3% aged 25 to 44, 18.9% aged 45 to 64, and 15.3% who were 65 years of age or older. The median age was 40 years, with males comprising 46.4% of the population and females 53.6%.
Regarding income, the median household income was $68,648, and the mean income was $129,406. The median family income stood at $92,250. Around 14.7% of the village population earned income exceeding $200,000, while the per capita income was $56,057. Approximately 1.1% of families and 3.9% of the population fell below the poverty line, including no individuals under age 18 and 2.9% of those aged 65 or older.
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