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Pros and Cons of Filing Bankruptcy

Pros and Cons of Filing Bankruptcy If you have a lot of debt that you worry you’ll never be able to pay back, then you need to consider bankruptcy. This is a tool that can be used to help you get out of debt and back to living your life. There are many reasons for […]

Should I File Bankruptcy in NYC Because of CoVid-19?

After practicing bankruptcy law in New York City for over a decade, I thought I’d seen every financial calamity that could bring someone to need our help.  That was obviously before the novel coronavirus, CoVid-19, and the upending of our lives in NYC and around the world.  In a few short weeks, Manhattan has become a ghost […]

Don’t Let A Spouse’s Bankruptcy Rob Your Refund

This article originally appeared on Forbes.  The original article can be found at:  click here Picture this: Your spouse’s small business goes bankrupt, and your spouse along with it. (Or worse: You go bankrupt, and you have to tell your spouse about it.) You hang on to the house and some other assets that are […]

CARES Act Offers Beneficial Changes to Bankruptcy in New York

After two months of pain and financial despair from the Covid-19 Pandemic, we are starting to see the expected economic fallout and a rush of new consumer bankruptcy filings in New York City. While it’s not a magic bullet, the CARES Act (Coronavirus Aid, Relief, and Economic Security Act) has provisions meant to offset the […]