Loading...

(Filtering posts by tag: bankruptcy) - Remove filter

Are Bankruptcy Filings Starting to Trend Up?

Are Bankruptcy Filings Starting to Trend Up?

Are Bankruptcy Filings Starting to Trend Up?  The number of bankruptcy filings have decreased in 2017 for the eighth straight year.  In fact, since the record high year of 2005 with approximately 2,000,000 bankruptcies filed, the number for 2017 is about 771,000.  That represents a decrease of...

Supreme Court Broadens What is Considered as Bankruptcy Fraud

Supreme Court Broadens What is Considered as Bankruptcy Fraud

On Monday, May 16th, 2016, I had the honor of being present in the United States Supreme Court to be sworn in as a member of the U.S. Supreme Court Bar. While I was there, I had the unique opportunity of observing the courts deliver its decisions, including that of the case Husky International...

Update: Bankruptcy in NY with Rent-Control and Rent-Stabilized Apartments

Update: Bankruptcy in NY with Rent-Control and Rent-Stabilized Apartments

As discussed in previous blogs, due to a loophole in the law, those who file bankruptcy in New York and who live in rent-controlled or rent-stabilized apartments risk losing their homes. Although there has been no resolution of this unfortunate situation, there have been some developments in two...

Rent Controlled and Rent Stablized Tenants Filing Bankruptcy Still at Risk to Lose Homes

When then Governor David Patterson signed into law a bill in 2011 increasing the amount of assets that a person is allowed to keep when filing bankruptcy in New York, I expressed concern that individuals living in rent-stabilized and rent-controlled apartments were in danger of having their leases...