One of the things that individuals most look forward to in a bankruptcy is the concept of the automatic stay. The automatic stay requires that all collection methods stop as soon as an individual who is in debt files for bankruptcy. When the automatic stay goes into effect, the creditors are no longer permitted to […]

If an individual is struggling financially, they may feel overwhelmed with the idea of not being able to repay creditors. When an individual is faced with a frozen bank account, garnished wages,  judgments placed by creditors, or simply the complete inability to pay bills, it may be time to seriously think about filing for bankruptcy. […]

When a business is struggling to make ends meet, the business owner will likely be concerned about what the future holds. If a business is faced with mounting debts, the business owner should take bankruptcy into consideration to determine whether it is possible to stay open while reorganizing finances. A chapter 11 business bankruptcy is […]

When an individual files for bankruptcy in New York State, it is important that they take a few precautions in their everyday life as to not have any negative impacts on the outcome of the bankruptcy case. One of the things that an individual needs to be cautious about during bankruptcy is their social media […]