Tag Archives: walter greenhalgh

Bankruptcy Dollar Amount and Form Changes that May Affect You

Adjustments to certain dollar amounts in the Bankruptcy Code may affect your decision and strategy to either file a bankruptcy or in defending certain actions filed against you or your company. The automatic adjustments to the dollar amounts in various provisions of the Bankruptcy Code, 11 U.S.C. 101 et seq. went into effect on April 1, 2013. You may access the official forms by clicking the following link to the United States Courts:

www.uscourts.gov/…/BankruptcyFormsPendingChanges.aspx

The following highlights some of the noted changes in the Bankruptcy Code:

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Superstorm Hurricane Sandy’s Impact Upon Business & Retailers – Bankruptcy and Alternatives

In the wake of Hurricane Sandy many businesses have been negatively impacted financially throughout  regions from  Connecticut, New York, New Jersey, Pennsylvania and Delaware.  Hardest hit are businesses located not only along the New Jersey, Staten Island and  Long Island  NY  coasts but in areas  that  have never experienced such a devastating disaster.  Areas  such as  Hoboken NJ, lower Manhattan and the NYC East Side.  Even  businesses  located  in  inland  communities.

Continue reading Superstorm Hurricane Sandy’s Impact Upon Business & Retailers – Bankruptcy and Alternatives