While your financial circumstances may make a bankruptcy filing inevitable, there are still issues to consider beyond the relief that the bankruptcy court can provide. While the main focus of a bankruptcy consultation with Leiden and Leiden is to...
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As mortgage moratoriums begin to expire, many homeowners find themselves with a sudden and unexpected crisis. Once the loan moratorium ends, all the payments that were suspended during the moratorium are now due and payable. Some homeowners may...
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The most common misconception of an individual who files for bankruptcy is that they were reckless or irresponsible in the management of their credit. While there are many debtors who visit bankruptcy court because of overextension and...
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In March of 2020, the World Health Organization declared that Covid – 19 had officially become an international pandemic. Life as we knew it, both personally and economically, changed. While the extent of the financial effects varied, almost all...
Read more As President Biden begun his presidency, one of the primary issues that he promised to address is the staggering amount of student loan debt, and what relief can be provided to the borrowers. Student loan debt is at an all-time high compared to...
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As the anniversary of the Covid pandemic’s arrival in the United States approaches, our firm and its staff met to discuss the effects that it has had on our practice. Specifically, we discussed how office business was conducted, and the changes...
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When a bankruptcy petition is filed, the debtor is required to identify and disclose all of their assets. This includes physical assets such as real estate, automobiles, and personal property. However, it also includes many intangible assets such...
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As the economic effects of the Covid-19 pandemic continue to ripple across our economy, more and more consumers will face the prospect of a bankruptcy filing. While the long-awaited vaccine gives hope for many consumers, it also means that many...
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Covid-19 and its effects on our national, regional and local economies are both well – documented and ongoing. Businesses both large and small have suffered financial distress due to limitations on how their operations were conducted, and...
Read more A previous article on our website addressed the expected September surge in bankruptcy filings as the various financial protections that were extended to consumers during the Covid – 19 pandemic began to expire. However, that has not yet...
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Decrease in Bankruptcy Filings In the five months since “Covid” and the “Coronavirus” have become household words, the American economy experienced more turbulence than at any time since the Great Recession. Business bankruptcies for small...
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