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Articles Posted in bankruptcy

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OVERVIEW OF COVID-19 BUSINESS BANKRUPTCY RELIEF

As a result of the COVID-19 pandemic, Congress amended the Bankruptcy Code and passed the “Coronavirus Aid, Relief, and Economic Security Act” also known as the “CARES Act”, which was signed into law by the President on March 27, 2020.  Specific amendments were made to Subchapter V of Chapter 11…

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How Can You File for Bankruptcy in New York if You Can’t Afford to Pay a Bankruptcy Lawyer?

Chapter 7 bankruptcy is the most common type of personal bankruptcy and is used to wipe out most types of debts (with certain exceptions).  But, what do you do when you have serious creditor problems, such as collection calls, collection lawsuits, and/or wage garnishments, but can’t afford to file a…

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New Chapter 13 Trustee Krista M. Preuss, Esq. Appointed for the Southern District of New York

  For the information of our clients with pending chapter 13 cases in the Southern District of New York and the bankruptcy community at large we are sharing the following information:  effective February 1, 2018, Jeffrey L. Sapir has retired as Chapter 13 Trustee for the Southern District of New…

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Explanation of Amended Discharge Orders Being Entered by US Bankruptcy Court SDNY

Since the end of August 2017 through today we have been receiving electronic notice from the U.S. Bankruptcy Court for the Southern District of New York (SDNY Bankruptcy Court) of the filing of Amended Discharge of Debtor Order of Final Decree  in our clients’ previously closed (and successful) chapter 7…

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