How The CARES Act Offers Beneficial Changes To NY Bankruptcy

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As the COVID-19 pandemic has continued the past few months, the financial fallout has been very severe for many people. Because of this, numerous individuals and business owners have been forced to declare bankruptcy to avoid further financial ruin. To help offset this, the CARES Act has brought about various changes to how Chapter 7… Read more »

Bankruptcy Considerations due to Pandemic

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The economic effects of the COVID-19 pandemic has created financial difficulties for many families and individuals. Layoffs, furloughs, pay decreases and other job-related consequences has become common. This has resulted in increased debt, defaults on payments and threats of foreclosure. For many Americans, bankruptcy may be recommended to achieve a fresh start and obtain relief… Read more »

Review of COVID-19 Business Bankruptcy Relief

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Overview of the COVID-19 Bankruptcy Relief for Businesses The beginning of 2020 brought new challenges for businesses. Many people in various industries have been forced to close their doors, making it impossible to keep up with their expenses. This event has caused businesses to close down and has left many people without income. Important Information… Read more »