Chapter 13 Bankruptcy Eligibility A business, even a sole proprietorship, cannot file for Chapter 13 bankruptcy in the name of that business. need to declare bankruptcy under Chapter 11 when they need help reorganizing their debts. If you own a business as a sole proprietor, however, you can file for
What is Chapter 13 Bankruptcy? Your Chapter 13 Bankruptcy case begins by filing a petition with the bankruptcy court in the city or town where you live. You will be asked to submit to the court the following: a current listing of your assets and liabilities, a list of your
Foreclosure Defense – Know Your Rights In 2010, there were approximately 1,500 foreclosures commenced against homes by mortgage lenders in Brooklyn. Court records reveal, however, that historically only 8-10 percent of homeowners ever become involved in foreclosure litigation by filing an answer. Despite the many defenses and rights that are
Filing for Chapter 7 Bankruptcy Chapter 7 Bankruptcy is a process which allows individuals to eliminate or discharge, all, or some, debt in a legal and orderly fashion. Although the end result is simple, the elimination of debt, the process can be tricky and fraught with many pitfalls. To ensure
Chapter 7 Bankruptcy Fees Chapter 7 Bankruptcy cases are relatively inexpensive. In relation to the benefit most people can achieve from filing (the discharge of tens, if not hundreds of thousands of debt) and in comparison to legal fees and costs associated with other types of legal proceedings, bankruptcy is
Chapter 7 Bankruptcy Eligibility Chapter 7 Bankruptcy is a process which allows individuals to eliminate or discharge, all, or some, debt in a legal and orderly fashion. Although the end result is simple, the elimination of debt, the process can be tricky and fraught with many pitfalls. To ensure success,
What is Chapter 7 Bankruptcy? Filing Chapter 7 bankruptcy is a process provided for under Federal law that entitles you to make a fresh financial start. Chapter 7 eliminates most of your unsecured debt and is normally suggested for someone with few or zero assets. ‘Unsecured debts’ released by Chapter
Bankruptcy Proceedings: An Overview One of the first questions clients ask in a bankruptcy consultation is: “How long are the bankruptcy proceedings going to take?” There is no clear answer. The best way to explain this is by looking at how a bankruptcy case progresses. At Figeroux & Associates Bankruptcy
Filing For Bankruptcy Put the experience of Figeroux & Associates Bankruptcy Law to work for you! Helping clients in filing bankruptcy is our area of expertise. We have a sophisticated bankruptcy practice with a large client base. The firm’s bankruptcy attorneys mainly handle Chapter 7 and Chapter 13 consumer bankruptcy
Brooklyn, New York Exempt Property Attorneys In January of 2011, the New York bankruptcy exemptions laws were significantly revised. At the law office of Figeroux & Associates, we focus our attention on handling only bankruptcy and bankruptcy-related cases. With this type of concentration, it is essential that we stay on
