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There is a misconception that just any bankruptcy lawyer will do if you have a “simple” case.  What is a “simple” case? who told you that? Nothing could be further from the truth! How do you know that you have a “simple” case: A highly qualified bankruptcy expert has...

The website of the American Board of Certification  explains the reasons you should hire a Board Certified Bankruptcy lawyer Not all attorneys are trained equally. When you hire an attorney certified by The American Board of Certification, you hire an expert and true...

Instinctively, people feel they should avoid bankruptcy and should pay their debts. Obviously, that option would preferable. Nobody really wants to file for bankruptcy. But sometimes, circumstances require a professional review of available options. Unfortunately, too...

When representing the Seller of a business, we focus on issues that will protect our client. Here are some of them: Making sure we get to contract quickly and get to closing quickly. We don’t want “lawyering time” to kill a deal. Both buyers and seller are always...

This happens all the time. You fall behind on your mortgage because of an unanticipated event. You then collect a large amount of money, but not the total amount due and the bank refuses to accept part-payment. The reason they refuse is because they have taken the...

If you are planning to sell your business or even closing it, your attorney must know the following, to give you the best advice: Review the business records of the company. Whether the business is a corporation or a Limited Liability Company, you will want to make...

At Corash & Hollender, P.C., we work with business owners across Staten Island and New York City who are preparing to grow by raising capital, bringing in new partners, or expanding operations. One of the most important early steps is ensuring your business is...

For an individual, there are two types of bankruptcy. Chapter 7 is typically used to eliminate credit card debt and other unsecured debt, as well as income taxes older than 3 years. But not everyone is eligible for chapter 7. For example if you filed a chapter 7 case...

With rising interest rates, banks are always looking for a way to get rid of low-interest mortgages. After Covid, banks received incentives from the government to modify mortgages. We helped many homeowners accomplish modifications, through “loss mitigation” in...

The answer is always “No!” When a corporation files a chapter 7 petition, the Bankruptcy Trustee will always investigate whether the business owner paid personal expenses from the business, transferred business assets to himself or others, and whether all business...