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Bankruptcy Advice…….. Filing for Bankruptcy protection is called getting a “Fresh Start”.  I also tell people that filing a Bankruptcy case is a “Last Resort”. Unless you are facing an absolute emergency such as a foreclosure sale, warrant of eviction, or bank restraint involving a large sum of money, every client should think long and […]

Bankruptcy Advice…….. Stripping off Real Estate Holdings in a Bankruptcy Case During the real estate boom in the 2000’s, many of my clients purchased small groups of real estate holdings in Upstate New York or New Jersey.  These were either multi-dwelling housing or small commercial businesses for $50,000 to $60,000 apiece.  Aside from the rental […]