The prospect of filing for business bankruptcy may be intimidating and stressful for many New York business owners. While it

Understanding the benefits and complexities of Subchapter V in Chapter 11 Bankruptcy is essential for small businesses facing financial challenges.

  Bankruptcy is a legal process that a business can undergo to relieve itself from overwhelming debts. It's a process

  Personal bankruptcy is a daunting prospect for anyone, especially for business owners. When you file for bankruptcy, you are

Bankruptcy can be a complex and overwhelming process, with many legal procedures and terms that can confuse those unfamiliar. One

Small businesses are the backbone of any economy, but sometimes things don't go as planned, and the business may face

Subchapter V of Chapter 11 Bankruptcy is a relatively new addition to the United States Bankruptcy Code, introduced as part

Bankruptcy is an unfortunate reality that many businesses face. In its simplest terms, business bankruptcy is a process initiated by

When someone files bankruptcy, they receive their discharge and most often, they believe that to be the end of it,

When you are a small business owner, everything you do is intricately tied to your personal life, even if that

Property values in New York City are exorbitant compared to the rest of the state. Very often, a rent-stabilized or

When someone decides to file for bankruptcy in New York, one of the first things they wonder about is their bank

Every American of a certain age knows what a FICO score is. A FICO score is the measure by which your credit

When you have filed for Chapter 7 or Chapter 13 bankruptcy, you always hope to not spend very long in trusteeship. When you

CNN reports that the average student loan debt in the United States at the end of last year was nearly $30,000.

In the modern era, debt is not a simple matter between you and your creditors. Anyone who has ever rented

If you are struggling to pay the bills each month yet find yourself falling farther and farther in debt, bankruptcy

You have worked hard to get your corporation viable and profit-making, having invested large amounts of money and time and

The Federal Housing Administration (FHA) specializes in insuring loans for qualified borrowers who have issues that exclude them from conventional loan

Comes the day when you realize the cold reality of the financial straits you’re in. Perhaps the children needed help

Education is often touted as a necessary tool for securing well-paid employment. Unfortunately, thousands of college graduates and their parents

Generally, the decision to file for bankruptcy is never an easy one. Typically, consumers see bankruptcy as an option of

When you are overwhelmed by debt, it can feel like you don’t have many choices. Continuing to pay interest only

If you plan to file for bankruptcy, you are required to participate in consumer credit counseling from a government approved agency

New York City Bankruptcy and Credit Card Debt Attorneys As many people reassess their financial state early in 2013, some

The effects of filing for bankruptcy can be devastating. In order for the debtor to rebuild his or her financial

If you're going through financial struggles, bankruptcy can sound like a lifeline. The idea of having all the debt washed

If an individual has decided to file for bankruptcy, he or she is probably experiencing financial turmoil and the emotional

After a bankruptcy discharge from the court, the debt discharged will no longer exist and a debtor gets to keep

Many couples argue over money. One spouse may be cheap. Another spouse may be a spender. The couple may be

The California Court of Appeal, Sixth Appellate District issued a ruling in Berg & Berg Enterprises, LLC v. Boyle, 2009 Cal.

When a small business is not doing well, or when its owners want to start another chapter in their lives

For the ordinary person who sees a home he/she likes, s/he may let a real estate agent know to begin

A Chapter 11 case in New York starts with the filing of a petition with the bankruptcy court serving the

When an individual files a Chapter 13 petition in New York, a trustee is appointed by the court to administer

For the business owner who has a lot of debt but can’t pay, creditors may threaten legal action against the

What is Chapter 7 bankruptcy? Chapter 7 liquidation bankruptcy comes from the Bankruptcy Code found at Chapter 7 of Title

In Chapter 13 bankruptcy, after the debtor attends a 341 creditors’ meeting, and the bankruptcy plan is filed, the next

Of importance to consumers facing debt collection problems is 15 USC Section 1681, the Fair Credit Reporting Act. A “debt

In a bankruptcy case, creditors are individuals and businesses a debtor owes money to. Different types of debts take different

Intellectual property smacks with bankruptcy when a technology licensor has a debtor licensee who wants to assign the licensed rights

Game News reported March 28, 2011, in “Trip Hawkins in serious shizzle over $20m tax bill” that the founder of

In a Chapter 11 case involving Delco Oil. Marathon, the federal court of appeals for the 11th Circuit forced Marathon

In February 2011, crain’s new york business.com reported that the founder of New York’s H&H Bagels, filed bankruptcy. The founder

In Chapter 11, a business may obtain exceptions from certain filings and procedures by being classified as a small business

Westlaw News & Insights reported on February 17, 2011, that Starr & Company LLC and Starr Investment Advisors LLC filed

The prospect of declaring bankruptcy can be a promising one, chock full of the possibility of erasing certain financial obligations,

In New York, when a person files Chapter 7 or Chapter 13, the court appoints a bankruptcy trustee who administers

When filing Chapter 7 bankruptcy in New York, the debtor needs to see a credit counselor prior to filing. In