Author Archives: Thomas Bonte
What is a Bankruptcy Trustee’s Role?
Bankruptcies in the United States are overseen by a trustee appointed by the court. However, a bankruptcy trustee is not the same as the United States Trustee, the federal office charged with overseeing the bankruptcy process throughout the country. The United States Trustee maintains a list of private individuals who are qualified to act as […]
Post-Sandy: Can a Chapter 7 Bankruptcy be My Best Option?
What might climate change and a Brooklyn Chapter 7 attorney have in common? Plenty, given how major storms can be the event that pushes people and companies financially over the edge. According to research compiled on storms of $1 billion or more in damage between 1980 and 2004 (University of Illinois College of Law, Robert […]
What are the Advantages of Chapter 11 Bankruptcy?
The national trends for bankruptcy filings are good, in that the total number of individuals and businesses filing for either Chapter 7 or Chapter 11 nationwide are down. However, a qualified Brooklyn Chapter 11 bankruptcy attorney encounters plenty of companies and families who are still suffering from the effects of the recession and Hurricane Sandy. […]
Addressing the Misconceptions of Bankruptcy
Brooklyn, NY—in 1980, after taking a bankruptcy law course, Gregory Messer switched gears and became a bankruptcy attorney, and has never looked back. Becoming a bankruptcy lawyer was unexpected for Gregory Messer, one of Brooklyn’s most credentialed attorneys working to help consumers and businesses resolve their debts. At the time when Messer took his course, […]
Can My Divorce and Bankruptcy be Filed at the Same Time?
It may seem as if New York divorce and bankruptcy law are about two largely unrelated things. Sure, financial distress is often a predicator of marital dissolution. In addition, divorce does involve a divvying up of property and debts (as well as the matter of child custody, where applicable). However, if a bankruptcy and a […]
How Can I Fight Wage Garnishment?
Wage garnishment in New York is a familiar subject to most employers’ payroll departments. This is because creditors in the recession have won record numbers of court orders to garnish wages. Often, the working person with debts will only learn of their garnishment when a smaller amount appears on their bank deposit records, because a […]
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