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How Long Before I Can File for Bankruptcy Again?
Friday, November 18th, 2022Filing for bankruptcy protection can help rescue you from financial hardship, granting you a clean slate to rebuild your credit, boost your savings and restore your financial health. But what if you run into financial trouble again? How many times can you file for bankruptcy? How many times can you file for bankruptcy? The good… Read more »
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Is Bankruptcy a Form of Debt Relief?
Friday, October 21st, 2022When debt becomes too overwhelming, filing for bankruptcy may be the only way someone can get back on track financially. Though it may feel like a form of debt relief, it is just the beginning of a new, economically stable lifestyle and should be looked at only as a last resort. Other options, such as… Read more »
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Received a Collection Letter? What Now!
Friday, October 14th, 2022We do everything we can to stay on top of our bills and keep our credit top-notch. However, sometimes emergencies occur, and we find it challenging to meet our financial obligations. When this happens, we all fear answering the telephone or going to the mailbox while waiting for the dreaded collection letter. Receiving a collection… Read more »
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Commercial Bankruptcy Meeting – What Does That Entail?
Friday, September 23rd, 2022In the business side of bankruptcy, otherwise known as commercial bankruptcy versus personal filings, a number of procedures are somewhat handled differently than a typical individual’s hearing and vetting. One of these events is known as the “341 Hearing,” or the Bankruptcy Meeting of Creditors. As a Brooklyn bankruptcy attorney, the Ursulova Law Offices are… Read more »
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How To Declare Business Bankruptcy
Friday, September 16th, 2022Filing for business bankruptcy NY is full of rules — but also lots of legal tricks to soften the blow. You can navigate filing bankruptcy in NY with Ursulova Law Offices, experienced, compassionate bankruptcy lawyers in Brooklyn, NY. As soon as you realize your business is in trouble, it’s time to acquire legal counsel. This… Read more »
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How Long Will Bankruptcy Stay on My Credit Report?
Friday, August 19th, 2022Bankruptcy is a tough canyon to cross. Aside from the fact that it makes up public every detail of a person’s financial life, it can also be felt as an admission of personal failure. Society has a huge expectation that people will just figure things out financially, no matter what happens. However, the fact that… Read more »
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Will My Business Bankruptcy Affect Me Personally?
Thursday, August 11th, 2022It’s never easy facing financial difficulties, especially when it means filing for bankruptcy for your business. Along with the stress and strain of the bankruptcy, you may be wondering if a Brooklyn bankruptcy could affect your personal finances as well. After all, you know that a corporation or S-corp can protect you in some legal… Read more »
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How the Small Business Reorganization Act helps with Bankruptcy Reorganization (SBRA)
Friday, July 29th, 2022After all the time and effort that you’ve put into your business – it’s hard to consider filing for bankruptcy. Unfortunately, things don’t always happen as planned. Sometimes, a drastic change needs to save your hard work. Adding SBRA to the Chapter 11 bankruptcy code makes bankruptcy filing easier for small businesses. Businesses that have… Read more »
