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Small Business Bankruptcy: Questions to Ask Yourself First.
There is a tremendous amount of chatter these days about the long-term effect of the Covid-19 Economic Shutdown, with predictions that a great many of today’s small businesses will not
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Bankruptcy Relief Included In CARES ACT Emergency Legislation
As a result of the Covid-19 Pandemic, Congress has emergently passed, and the President has signed legislation to provide for an economic stimulus and assist struggling Americans from the economic
A Renewed Push Towards Chapter 13 Bankruptcy
One of the stated purposes of the 2005 Bankruptcy Law revisions (BAPCPA) was to try to push more individuals into Chapter 13 repayment plans by compelling those with the “ability
New Subchapter 5 of the U.S. Bankruptcy Code
Effective February 19, 2020, the Bankruptcy Code will provide for a somewhat more compact and hopefully, easier version of Chapter 11 Reorganizations for Small Business Corporate and Individual Debtors. It
Don’t Be Fooled, Times Are Tough And You’re NOT Alone!
It can be quite disheartening to listen to political leaders, the media and other reports as to how well the economy has rebounded since 2008, with record employment and sky-high
Bankruptcy vs Debt Settlement vs Debt Management
In this firm, we pride ourselves on providing prospective debtors a fair and honest evaluation of the benefits and detriments of filing for Bankruptcy Protection. Most often, I encourage individuals
What happens when you can’t afford to go bankrupt
A ritual of spring in America is about to begin. Tens of thousands of people will soon get their tax refunds, and when they do, they will finally be able
I Just Can’t Bring Myself To File….
As a consumer Bankruptcy attorney, I cannot recount how many times over my career I have heard these words, even though the need for Bankruptcy relief is compelling – if
The Necessity For Counsel Should Be Ipso Facto In Bankruptcy
Ipso facto literally means “by that very fact” in Latin. It is an extremely important concept in Bankruptcy which if not recognized and enforced, could undermine the very protection of Bankruptcy itself.
Delaying A Necessary Bankruptcy Can Have Extreme Consequences
Certainly a visit to a bankruptcy attorney would rank up there with one of the least anticipated appointments on a calendar. However, like many type of medical visits, needless delay
Tax Debts are an Important Element of Proper Bankruptcy Planning
The author of the expression that “nothing is certain but death and taxes” never spoke to a bankruptcy lawyer. Contrary to what many think, taxes under certain circumstances can be
Happy Holidays from a Bankruptcy Point of View
This season brings out the best – and regrettably sometimes the worst in individuals. For example, in the effort to “enjoy the season” we often go overboard and spend well