Bankruptcy Law

The immediate benefit will be in areas where § 365(n) may be read as providing little or no protection for licensees, such as in trademark licenses, U.S. law governed licenses where the licensor has filed bankruptcy in a foreign jurisdiction, … Continue reading →

Unfortunately only a handful of New York law firms have such an optimistic approach to bankruptcy, making it difficult for New Yorkers to see what an opportunity bankruptcy can be. “It’s a shame and and it doesn’t have to be” … Continue reading →

Unfortunately only a handful of New York law firms have such an optimistic approach to bankruptcy, making it difficult for New Yorkers to see what an opportunity bankruptcy can be. “It’s a shame and and it doesn’t have to be” … Continue reading →

Chapter 9 is the section of bankruptcy law in the news as California cities declare they are broke.  Chapter 9 applies to municipalities and other taxing authorities.  In Nebraska, no cities have filed for bankruptcy, but Chapter 9 has been … Continue reading →

An international creditor is planning to sue JBS, the world’s largest beef exporter by sales, for allegedly acquiring the assets of an insolvent leather company without lenders’ approval, in a case that will test Brazil’s bankruptcy law. The creditor …

The Oklahoma bankruptcy attorneys at Atkins & Markoff, a law firm that provides advice and legal guidance to consumers and businesses who find themselves in serious financial trouble and whose Web site URL can be found at http …

The federal bankruptcy law allowed student loans that had been in pay status for seven years to be eligible for a Chapter 7 discharge. But that loophole was closed, and student loans became non-dischargeable unless the borrower could prove undue … Continue reading →

Last week brought another sharp reminder of the crisis when the 210,000-strong city of San Bernardino, struggling after shrunken home prices walloped local tax revenues, announced it would seek bankruptcy protection. Now — and amid skepticism …

Every month the Law Office of Jeffrey B. Peltz P.C. reminds those well meaning New York individuals and couples struggling with debt that there is hope and a way out. Unfortunately, many still believe that “only deadbeats file for bankruptcy”.

The Trustee is responsible for protecting the interests of the creditors and seeing that all applicable laws and regulations are followed pursuant to the bankruptcy code. Typically within a month after a bankruptcy petition is filed the filing person will … Continue reading →