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What Happens To Your Business Assets In A Personal Bankruptcy?

This article originally appeared on Forbes.  The original article can be found at: Click Here In my last article, we saw what can happen when a business bankruptcy intrudes on personal finances — with potentially disastrous consequences for an innocent spouse. But what if you’re facing personal bankruptcy despite owning and operating a successful business? And […]

How should I handle my rising credit card debt during the Coronavirus Pandemic in NYC?

Take it from us; runaway credit card debt is one of the main reasons many people file for bankruptcy in NYC.  Sadly, for many New Yorkers already living paycheck to paycheck, it won’t be long before their cards start maxing out, and they become dangerously overextended thanks to the Co-Vid19 health emergency.  But with this crisis, many […]

BANKRUPTCY DISCLOSURES

Mandatory Bankruptcy Disclosures The following mandatory disclosures are required under Section 527 and 342 of the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) of 2005. NOTICE NO. 1 Notice Mandated by Section 342(b)(1) and 527(a)(1) Of The Bankruptcy Code: PURPOSES, BENEFITS AND COSTS OF BANKRUPTCY The United States Constitution provides a method whereby individuals, […]