Monthly Archives: April 2023

According to the American Bankruptcy Institute, non-business bankruptcies have reached–and often exceeded–an average of at least 800,000 filings each year since 1988. Despite the fact that millions of Americans have filed for bankruptcy over the years, the act of filing for bankruptcy is often viewed as a personal failure and something to be ashamed of…. Read more »

New York is no exception with regards to bankruptcy procedures as well as making exceptions to certain limited assets being exempted from liquidation or distribution by the bankruptcy court, as bankruptcy lawyers in Brooklyn, NY, see on a regular basis. In all cases where the filer has pursued a Chapter 7 filing or similar, the… Read more »