A Tradition Of Caring And Compassionate Representation For Staten Islanders
If you have never heard the term “gray bankruptcy,” it refers to bankruptcies filed by people aged 65 or older. Unfortunately, per the New York Times, the number of gray bankruptcies has increased dramatically over the past 28 years. In 1991, only 2.1% of bankruptcies...
In Traditional Chapter 11 the company must pay quarterly fees to the U.S. Trustee’s office, based upon the amount of quarterly disbursements. If disbursements are less than $15,000 per quarter the fee is only $325; but as disbursements rise, the quarterly fee...
We have helped thousands of people in all types of professions, and employment; in all neighborhoods; in all economic classes; in all age groups. Doctors Lawyers Teachers School Principals and Assistant Principals Accountants Business Owners Stock Brokers Real Estate...
In Traditional Chapter 11 the company must negotiate with a Creditors’ Committee. This creates an added layer of expense, because the attorneys for the Creditors’ Committee have to get paid by the debtor. In the new Small Business Bankruptcy Chapter 11 there is no...
