In the unpredictable journey of running a small business, financial hurdles can emerge unexpectedly. When the scales tip and debts begin to outweigh resources, small business owners are often confronted with a pivotal choice—whether and how to navigate the process of filing for bankruptcy. This blog is crafted as a grounded, hands-on guide for those… Continue reading When and How Small Businesses Should File for Bankruptcy
Category: Bankruptcy Lawyer
Know what to expect from your Bankruptcy Lawyer in Bronx, NY!
Going through financial problems and declaring bankruptcy can be stressful time. A complicated Bankruptcy Law and a whole legal process along with the burden of debt can be overwhelming to bear. But you can navigate through this difficult time with the help of an experienced bankruptcy lawyer by your side. When you decide to take… Continue reading Know what to expect from your Bankruptcy Lawyer in Bronx, NY!
How Can A Lawyer Help You In Bankruptcy?
You will never be able to live your life to the fullest if you keep on carrying the burden of debt for your whole life, especially with no plans to repay it. But this doesn’t mean that you don’t have any options if you don’t have any way of paying your debts. Filing bankruptcy can… Continue reading How Can A Lawyer Help You In Bankruptcy?
3 Important Things to Know Before Filing for Bankruptcy
Are you overwhelmed with your debt load? Behind on all of your credit cards and other bills? You are not alone, many people today are struggling to handle their debt issues. You are probably looking for solutions, and are finding it difficult to get all of the information that you need. You may even be… Continue reading 3 Important Things to Know Before Filing for Bankruptcy
Why you should not hide your assets in bankruptcy
You Should Not Hide Your Assets During a Bankruptcy Filing and Here is Why Introduction People who file for bankruptcy are generally looking to have their debts “discharged” and wiped away clean. In order for that to happen, you need to keep a record of everything you own, including your assets. You will not be… Continue reading Why you should not hide your assets in bankruptcy
Taxes & Bankruptcy: In Bankruptcy, are my past due taxes eliminated?
In Bankruptcy, Are My Past Due Taxes Eliminated? Tax liability are considered a debt but not handled the same as other debts such as credit cards and medical bills in Bankruptcy Court. Tax debts meeting specific criteria can be eliminated, or discharged, through bankruptcy. A Bankruptcy Lawyer can help determine if a specific tax debt… Continue reading Taxes & Bankruptcy: In Bankruptcy, are my past due taxes eliminated?