A small business Chapter 11 under Subchapter V of the Bankruptcy Code has many more advantages than the traditional Chapter 11. Our firm obtained the first confirmed Chapter 11 plan under Subchapter...
October 9, 2023
Bankruptcy,
Chapter 7,
Chapter 11,
Business Bankruptcy
November 3, 2022
Bankruptcy,
Chapter 13,
Chapter 7,
Chapter 11
According to the Consumer Financial Protection Bureau, the average price consumers paid for new vehicles reached a record high of $48,182 and monthly payments are up 19% from 20211. More importantly,...
September 21, 2022
Bankruptcy,
Chapter 13,
Chapter 7,
Chapter 11
As of the last few months – cryptocurrency brokerage firms such as Three Arrows Capital, and Celsius Network, Ltd. filed for Chapter 11 Bankruptcy. Unfortunately for some of their customers, there...
August 18, 2022
Bankruptcy,
Chapter 13,
Debt Management,
Chapter 7,
Chapter 11
On June 21, 2022, President Biden signed into law the Bankruptcy Threshold Adjustment and Technical Corrections Act (Bill S. 3823). What Bill 3823 does is it increases the Chapter 13 debt limits...
September 14, 2020
Bankruptcy,
Chapter 11
We are proud to present the first consensual Chapter 11 Subchapter V Bankruptcy Plan of Reorganization for an individual debtor. Here, the Debtor’s proposed plan of reorganization was approved by the...
June 10, 2020
Chapter 13,
Debt Management,
Chapter 11,
Business Bankruptcy
Liens can be a complicated problem for many individuals dealing with heavy debt issues. A lien is a claim or legal right against assets, most often property or real estate, which are utilized as...
July 25, 2018
Chapter 11,
Business Bankruptcy
Dealing with any type of financial challenges could be overwhelming, emotional and in some cases, embarrassing. With regards to business debt, our firm understands that business owners in New Jersey...
August 11, 2017
Bankruptcy,
Chapter 11
There are several types of bankruptcy, and each type varies depending on certain characteristics of the debt. For example, individuals can file Chapter 7, 11, and 13. Corporations must file either...
March 6, 2017
Bankruptcy,
Chapter 11
Any small business owner knows the importance and difficulty in obtaining credit. Whether the need for financing is to purchase real estate, inventory, or to obtain terms with vendor, the small...