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January 29, 2024 John J. Scura III Chapter 11, Business Bankruptcy

Top Ten Reasons Why a Small Business Chapter 11 Under Subchapter V of the Bankruptcy Code May Be Better

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 Scura Law Firm Bankruptcy, Chapter 7, Chapter 11, Business Bankruptcy

Bankruptcy Strategies: Choosing Between Chapter 7 vs. Chapter 11 for Your Business

November 3, 2022 Scura Law Firm Bankruptcy, Chapter 13, Chapter 7, Chapter 11

Having Trouble Making Car Payments: Bankruptcy Can Help

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 Scura Law Firm Bankruptcy, Chapter 13, Chapter 7, Chapter 11

The Consequences of Bankruptcy Fraud

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 Scura Law Firm Bankruptcy, Chapter 13, Debt Management, Chapter 7, Chapter 11

New Bankruptcy Debt Limits - What does this mean for Debtors?

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 Scura Law Firm Bankruptcy, Chapter 11

Scura Represents The First Subchapter V Bankruptcy Plan for an Individual

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 Scura Law Firm Chapter 13, Debt Management, Chapter 11, Business Bankruptcy

Stripping of IRS or State of New Jersey Tax Debt in 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 Scura Law Firm Chapter 11, Business Bankruptcy

Navigating a Chapter 11 Bankruptcy in New Jersey

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 Scura Law Firm Bankruptcy, Chapter 11

What You Need to Know About Chapter 11 Bankruptcy

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 David L. Stevens Bankruptcy, Chapter 11

The Debtor’s Personal Guarantee & Confirmation of a NJ Chapter 11 Plan

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...

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