We 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 »
Posts Categorized: Blog
Commercial Bankruptcy Meeting – What Does That Entail?
In 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 »
How To Declare Business Bankruptcy
Filing 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 »
How Long Will Bankruptcy Stay on My Credit Report?
Bankruptcy 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 »
Will My Business Bankruptcy Affect Me Personally?
It’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 »
How the Small Business Reorganization Act helps with Bankruptcy Reorganization (SBRA)
After 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 »
Buying a Business in Bankruptcy
Thousands of American businesses file for bankruptcy protection yearly, regardless of how much value the businesses still have. Buying a company going through the bankruptcy process can be appealing and have tremendous benefits; however, at the same time, this process can be complex, and it is best to ensure you get it done right. Contacting… Read more »
Your Business Assets During Personal Bankruptcy in NY
Deciding to file for bankruptcy, whether it be personal or business – is a tough decision. How can you regain control of your financial situation? Can you do this and keep as much property as possible as well? Ursulova Law can answer your pressing questions. Contact them today. Personal Bankruptcy and Business If you’re a… Read more »
Why You Don’t Hide Assets During Bankruptcy in New York
Hiding bankruptcy assets is a bad idea! It’s important to understand why it is such a big deal why you should not hide assets during bankruptcy is due to the fact that you need to do bankruptcy filing in a federal court. So, when a filer is making representations to the court and its bankruptcy… Read more »
Unpaid Medical Debt and Bankruptcy
Is it possible to file for bankruptcy for unpaid medical debt? If you feel like you are drowning in medical debt, it is possible to seek relief by filing for bankruptcy. After all other options have been exhausted and medical bill collectors call you, schedule an appointment to learn more about your options with a… Read more »
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