On behalf of Levitt & Slafkes, P.C. | May 27, 2019 | Chapter 11 Bankruptcy, Firm News
It’s unlikely that you will choose to file for Chapter 11 bankruptcy. Most people file for Chapter 11 only because they do not qualify for Chapter 7 or Chapter 13 bankrupcy. Chapter 11 is a more complicated chapter and therefore attorney’s fees...
On behalf of Levitt & Slafkes, P.C. | Oct 9, 2018 | Bankruptcy Law, Business & Commercial Bankruptcy, Chapter 11 Bankruptcy, Chapter 13 Bankruptcy Information, Firm News
Your small business represents the culmination of hard work, innovation, and your hopes for a bright future. Unfortunately, taking this risk to make it on your own can come with hiccups. In fact, many small business owners find themselves struggling with debt as part...
On behalf of Levitt & Slafkes, P.C. | Sep 11, 2018 | Bankruptcy Law, BUSINESS AND COMMERCIAL BANKRUPTCY, Chapter 11, Chapter 11, Chapter 11 Bankruptcy, Firm News
If you are an owner of a small business, you understand the incredible work, the sacrifices, and the emotional investment involved in making your business successful. It is part of your American dream-something of your own that you hope will be part of your legacy....
On behalf of Levitt & Slafkes, P.C. | Jan 18, 2018 | Bankruptcy Law, BUSINESS AND COMMERCIAL BANKRUPTCY, Chapter 11, Chapter 11, Chapter 11 Bankruptcy, Chapter 13, Chapter 13, Chapter 7, Chapter 7, Firm News
Although we all know that dealing with money and numbers are supposed to be a logical, black and white process, sans emotion, few of us can act that way-whether we have lots of cash, or a dwindling supply. Financial success can lead us to feeling euphoric, while...
On behalf of Levitt & Slafkes, P.C. | Nov 14, 2017 | Bankruptcy Law, Chapter 11, Chapter 11, Chapter 11 Bankruptcy, Chapter 13, Chapter 13, Chapter 13 Bankruptcy Information, Chapter 7, Essex County Bankruptcy Blog, Firm News, What You Should Know Before Filing Bankruptcy
Unless you have filed for bankruptcy previously or are an experienced bankruptcy attorney, you probably have many questions about the differences between Chapter 7, Chapter 11, and Chapter 13 bankruptcies, whether one would be right for your situation.Chapter 7...
On behalf of Levitt & Slafkes, P.C. | Sep 22, 2017 | Bankruptcy Law, Chapter 11, Chapter 11, Chapter 13 Bankruptcy Information, Chapter 7, Firm News, What You Should Know Before Filing Bankruptcy
You may have been out shopping for groceries this past weekend, or perhaps at your favorite local hardware store picking up tools and materials for a few maintenance projects on your home. As you perused the aisles and began filling your cart, most likely you had no...
On behalf of Levitt & Slafkes, P.C. | Dec 10, 2016 | Chapter 11, Chapter 11, Chapter 7, Firm News, Personal Bankruptcy, What You Should Know Before Filing Bankruptcy
If you are on active military duty, a disabled veteran, or planning to enlist in the armed forces, you may be wondering how your military status may affect your bankruptcy. If you are a member of the armed forces, you have the same right to file for bankruptcy...
On behalf of Levitt & Slafkes, P.C. | Jul 8, 2016 | Bankruptcy Law, Business & Commercial Bankruptcy, Chapter 11, Chapter 11, Chapter 11 Bankruptcy, Chapter 13, Chapter 13 Bankruptcy Information, Chapter 7, Firm News
If your small business is struggling with debt, filing for bankruptcy might be a good choice. Small business owners have several options available to help eliminate debt. The best option is to consult an attorney to discuss all the alternatives available based on your...
On behalf of Levitt & Slafkes, P.C. | Apr 8, 2016 | Bankruptcy Law, Chapter 11, Chapter 11, Chapter 13, Chapter 7, Firm News, What You Should Know Before Filing Bankruptcy
If you are considering filing for bankruptcy relief and you have recently inherited an individual retirement account (IRA), it is imperative that you seek advice from a seasoned bankruptcy attorney. The United States Supreme Court made a ruling in 2014 that a...
On behalf of Levitt & Slafkes, P.C. | Nov 5, 2013 | Bankruptcy Law, Chapter 11 Bankruptcy, Firm News
Big law firms charging big legal fees in Chapter11 bankruptcy cases are getting some bad news this November, 2013. The United States Trustee Program (USTP) has established new guidelines for setting appropriate legal fees to be charged in larger Chapter11 cases. For...
