When struggling with debt, many debtors are apprehensive to file bankruptcy. This can be due to a perceived stigma, false perceptions, or a misunderstanding of
When debtors are struggling financially and are contemplating filing for bankruptcy, they must determine what Chapter of bankruptcy to file. Chapter 7 bankruptcy allows debtors
As consumers are still feeling the economic impacts of higher prices caused by inflation and increased borrowing costs from higher interest rates, many are seeking
During the COVID pandemic, many small business owners obtained loans from the Small Business Administration (SBA) through the Economic Injury Disaster Loan (EIDL) program. Due
One question, that we are receiving with increased frequency, is “can I file for bankruptcy again?” With the COVID pandemic over, and high inflation still
When filing for bankruptcy, a debtor files a petition with the Bankruptcy Court that is approximately 60-75 pages and contains essential details regarding a debtor’s
Typically, prior to filing for bankruptcy, most debtors have already been struggling with debt for a year or more. During that time, while juggling which
On July 24, 2024, the Administrative Office of the U.S. Courts released statistics for bankruptcy filings for the 12-month period ending on June 30, 2024.
Often, when we meet with potential new clients concerning bankruptcy, they focus their questions on their outstanding debts and monthly budget shortfalls. They also frequently
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The Law Offices of David I. Pankin, P.C. provides bankruptcy, foreclosure and loan modification representation to clients throughout the New York area in boroughs that include Manhattan, Brooklyn, Long Island, Queens, Bronx and Staten Island. This website is a Legal Advertisement. Our firm assists in the discharge of debt. We help people file for bankruptcy relief under the bankruptcy code. The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute an attorney client relationship.
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