A Tradition Of Caring And Compassionate Representation For Staten Islanders
Debtors who are in over their heads do have an escape. Chapter 7 bankruptcy allows a person to embrace a new start. Through Chapter 7, you discharge your debts through liquidation. Your liquidated assets pay off your creditors. Unfortunately, you cannot discharge...
Either due to poor financial decisions, unexpected medical costs, or other occurrences, debt can add up fast for many people. At some point, the issue may seem insurmountable and even cause a great deal of mental distress. Fortunately, there are a number of effective...
New Yorkers who find themselves in a black hole of debt may consider filing bankruptcy. As part of the requirements for either Chapter 7 or Chapter 13, the filer will likely have to take at least two classes at specific points in the process. The team at Corash &...
At Corash & Hollender, P.C., in New York, we help individuals and businesses facing overwhelming debt to file and proceed through bankruptcy. We therefore know that most people believe that Chapter 7 and Chapter 13 are their only bankruptcy options. Such, however,...
When residents in New York like you find yourself facing debt that seems insurmountable, you may end up feeling lost and hopeless. Even filing for bankruptcy may seem futile, especially if you are thinking about the potential negative effects of Chapter 7 bankruptcy....
There are many issues to consider when those who are deep in debt look into the bankruptcy process. First, it is crucial for people who are thinking about bankruptcy to review the different strategies that may be available and make sure that they find a solution that...
While filing for bankruptcy may help you start to reclaim your life in New York, it is better to go one step further and pinpoint what led to your filing for bankruptcy in the first place. Maybe your financial woes were due to emotional spending. If you feel this is...
If you are a New York resident approaching retirement age, you may be considering joining the large and growing number of baby boomers across the nation who are looking into bankruptcy protection. As reported by U.S. News, current trends in wealth inequality are...
Barneys, the iconic New York luxury department store, filed a petition for Chapter 11 bankruptcy and plans to close 15 of its stores. According to the New York Post, the rent on its flagship location doubled, which pushed the company to file for bankruptcy protection....
The main benefit of Chapter 11 bankruptcy is that it allows your Staten Island business time to pay debts while you reorganize your operation so that it can become profitable. As part of your reorganization, you need to work out a plan to pay your creditors. However,...
