We know that even hardworking, honest and conscientious individuals can find themselves buried in debt. We have learned, over 39 years, that most people want to pay their bills, and try their best to do so. At Corash & Hollender, P.C., we have observed that there are several basic reasons why people have financial difficulties:
- Not paying attention to total debt and making only minimum payments on multiple credit cards and other revolving credit accounts
- A significant change in family situation because of death, illness, layoff, divorce, or the need for a family member to stop work to care for children or for sick or elderly relatives — all of which can lead to a reduction in household income
- An increase in household expenses caused by things such as funeral expenses, unexpected expenses incurred after buying a new home, emergency home repairs, college expenses or uninsured medical expenses
- Personal problems such as gambling or alcohol/drug addiction
- Business cash flow problems that force business owners to use their personal credit cards for everyday business or personal expenses
The Attorneys and Staff at Corash & Hollender, P.C., Are All Committed to Providing You With Peace and Hope!
For information about your options and your rights during a period of financial difficulty, contact our Staten Island law firm, or follow the links below for informational material on bankruptcy.
- An introduction to bankruptcy
- How does the new bankruptcy law work?
- What types of bankruptcy are available?
- The Chapter 7 bankruptcy process
- Bankruptcy chronology
- Who is eligible for bankruptcy?
- The Chapter 13 bankruptcy process
- Bankruptcy is not a crime
- Can I ever get credit again?
- What debts are discharged in Chapter 13?
- What do I need to know about bankruptcy?
- Why do I need a board-certified bankruptcy attorney?
- What property can I keep and still file for bankruptcy?
- What debts are discharged in Chapter 7?
- Alternatives to bankruptcy
- Bankruptcy Videos
Our Staten Island law firm helps individuals and families to either discharge or reorganize their debt and pay off their creditors. We also help people decide whether filing a bankruptcy petition would actually help their situation or make things worse. If it is apparent that filing for bankruptcy would not be the appropriate solution to a financial problem, our attorneys can help develop non-bankruptcy solutions and assist clients in restoring their credit rating. Serving the five boroughs of New York City, we represent people in Staten Island, Manhattan, Brooklyn, the Bronx and Queens. Contact us today to learn how we can help you.
Guidance for Small Businesses in Financial Difficulty
Small-business owners often feel the pressure of a constantly changing business environment. Sometimes it is the product of underestimating the costs of a job you entered into a contract to perform. Sometimes it is due to slow payment to you on the contract, or the insolvency of your customer. The problems could be caused by industry-wide pressures or because of local issues. Whatever the cause, the consequences can be unbearable financial and emotional pressures on the business owners, and resultant personal financial pressure at home when the business cannot generate sufficient cash flow to support the owners' families.
When such forces converge on your business, it is good to know that there is a local law firm with experience guiding family businesses through these difficult times. Sometimes the solution will be a Chapter 11 reorganization. Often relief can be obtained with non-bankruptcy intervention and negotiations. The important thing to remember is that you need not go through these problems alone. The lawyers at Corash & Hollender, P.C., have experience helping companies like yours and would welcome the opportunity to assist you.
Helping Creditors in Bankruptcy Cases
What do you do when you receive a notice that one of your customers has filed for bankruptcy? Every bankruptcy case has certain deadlines to take action to protect your right to get paid. If you know critical information about the bankrupt company, you and your attorney can play a vital role in the case and maximize your chance of recovery. Sometimes you can participate on a creditors' committee. Sometimes it is best to just stay on the sidelines. In Chapter 11 bankruptcy cases you will have an opportunity to vote on a plan, and there may be other critical deadlines for taking action. At Corash & Hollender, P.C., we have the requisite experience to guide you through the bankruptcy maze.
Helping Defendants in Bankruptcy Litigation
What do you do if you get served with a summons and complaint in a bankruptcy case? Bankruptcy law can create strange situations. Often creditors of a company in bankruptcy get sued to return money they received shortly before bankruptcy, even if in payment of legitimate invoices. The fact that they are already owed money by these companies makes the demand for repayment even more troublesome. At Corash & Hollender, P.C., we can help devise negotiating strategies to minimize liability in such situations.
Filing for Bankruptcy in New York City? Contact Our Attorneys.
If you are overwhelmed by debt, we can help determine the debt relief option that is right for you. Contact us online or call 718-442-4424 to schedule an appointment to discuss your situation.
Please call for your free brochure: WHAT NOT TO DO IF YOU ARE CONSIDERING BANKRUPTCY
The secret to our success is that we care about our clients.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.