Category: Bankruptcy Financial Challenges with SBKass

Director Duties to Creditors at Insolvent Businesses

Director Duties to Creditors at Insolvent Businesses

The California Court of Appeal, Sixth Appellate District issued a ruling in Berg & Berg Enterprises, LLC v. Boyle, 2009 Cal. App. LEXIS 1740 (Oct. 29, 2009) that limits a breach

January 14, 2012
Ending a Business

Ending a Business

When a small business is not doing well, or when its owners want to start another chapter in their lives or careers, there are many ways to get out of

November 24, 2011
Do not Keep a Home Purchase a Secret During Bankruptcy

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

November 18, 2011
Conversion or Dismissal

Conversion or Dismissal

A Chapter 11 case in New York starts with the filing of a petition with the bankruptcy court serving the area where the debtor lives. Each court has its own

November 8, 2011
Chapter 13 Trustee

Chapter 13 Trustee

When an individual files a Chapter 13 petition in New York, a trustee is appointed by the court to administer the bankruptcy case. With the electronic filing of bankruptcy petitions

November 5, 2011
LLCs and Bankruptcy

LLCs and Bankruptcy

For the business owner who has a lot of debt but can’t pay, creditors may threaten legal action against the owner personally. How much creditors collect depends on how an

September 28, 2011
Frequently Asked Questions on Chapter 7 bankruptcy

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

September 19, 2011
New York Chapter 13 Confirmation Hearing

New York Chapter 13 Confirmation Hearing

In Chapter 13 bankruptcy, after the debtor attends a 341 creditors’ meeting, and the bankruptcy plan is filed, the next hearing is the confirmation hearing where the court approves the

September 13, 2011
Consumer Debt Collection in New York

Consumer Debt Collection in New York

Of importance to consumers facing debt collection problems is 15 USC Section 1681, the Fair Credit Reporting Act. A “debt collector” is generally any person who, in the ordinary course

September 10, 2011
Bankruptcy Players

Bankruptcy Players

In a bankruptcy case, creditors are individuals and businesses a debtor owes money to. Different types of debts take different priorities in getting paid off. Secured debts have to be

July 30, 2011

Top Tax Lawyer NYC Articles

Browse our collection of expert articles pertaining to new york sales tax, ny state tax refund, 
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tax in new york topics.

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