Category: Bankruptcy

By William E. Winfield, Esq.

Attorneys and clients considering financially challenged businesses should not forget to consider the benefits Receivership, both as a potential tool for collection of outstanding obligations or enforcement of contracts, but also as a vehicle for financial restructuring.

Receivers are typically appointed by the Court in...

By Rennee R. Dehesa, Esq.

If you are considering filing for bankruptcy, you may be concerned that you are going to have to give up virtually all of your personal property.  Luckily, this is not the case.  You can keep some of your property thanks to Federal...

By Rennee R. Dehesa, Esq.

Each year, many Americans looking for a fresh start turn to bankruptcy for relief from their debt obligations. If you’re considering filing for bankruptcy, meeting with an experienced attorney is one of the best ways to determine whether it’s the right solution for you.  Once...

By Rennee R. Dehesa, Esq.

For individuals behind on their bills struggling to make ends meet, it may seem that creditors know no bounds; they call at all hours of the day, send menacing letters, freeze bank accounts and can even garnish wages. If you find yourself in this predicament, you should...

By Rennee R. Dehesa, Esq.

Choosing whether to enter into a reaffirmation agreement with your secured creditors is one of the most important decisions you will make during the course of your bankruptcy. The pros and cons must be carefully weighed.

On the one hand, reaffirming a debt...

by Rennee R. Dehesa, Esq.

The most common type of personal bankruptcy is Chapter 7. Often referred to as "liquidation bankruptcy," "personal bankruptcy," or "straight bankruptcy," the purpose of a Chapter 7 bankruptcy is to allow an individual or business to cancel outstanding debts and liquidate certain...

By Rennee R. Dehesa, Esq.

Financial hardship is difficult for any individual but for business owners, it can be particularly stressful as the line between personal and business finances may become blurred. You may have racked up a lot of personal credit card debt and may be considering...

By Rennee R. Dehesa, Esq.

Filing for bankruptcy often represents the last gasp following a period of mounting stress and emotional turmoil. If you have reached the point of seeking relief in bankruptcy court, you have probably investigated and exhausted every available option to keep your finances intact....