On behalf of Jeffrey M. Rosenblum, P.C. | Jul 30, 2015 | Chapter 7
When New York consumers are considering filing for Chapter 7 bankruptcy, it is important that they understand how this process works to determine if it is right for them. This type of bankruptcy can eliminate debts, but not all debts are eligible for discharge....
On behalf of Jeffrey M. Rosenblum, P.C. | Jul 20, 2015 | Personal Bankruptcy
Many New York residents who become overwhelmed by debt decide to file for bankruptcy. Even people who have earned millions of dollars can sometimes find themselves in a financial mess that they need help extricating themselves from. It was recently reported that...
On behalf of Jeffrey M. Rosenblum, P.C. | Jul 16, 2015 | Chapter 7
New York residents may have read that the hip-hop star Curtis James Jackson III, who is better known by the stage name 50 Cent, filed for bankruptcy on July 13. While stories about wealthy celebrities running into financial problems are not uncommon, some observers...
On behalf of Jeffrey M. Rosenblum, P.C. | Jul 9, 2015 | Chapter 7
Liquidating assets in a sale can sometimes be the smartest move for a business owner in New York who is no longer making money. When a business is not turning a profit, selling the business may not be possible because there may be no interested buyers. Before...
On behalf of Jeffrey M. Rosenblum, P.C. | Jul 1, 2015 | Chapter 7
New York-born music producer Scott Storch filed a Chapter 7 bankruptcy petition in June after spending a $70 million fortune on private jet flights, real estate, jewelry, cars and cocaine. The 41-year-old previously filed for Chapter 13 bankruptcy in 2009 after he...
