Finance Law

• Bankruptcy
  Due to the economy, many local businesses are facing tough times. Many have borrowed money to keep their business afloat. Many of these loans have high interest rates and cumbersome terms. Chapter 11 bankruptcy is a form of bankruptcy reorganization available to individuals, corporations and partnerships. It has no limits on the amount of debt, as Chapter 13 does. It is the usual choice for large businesses seeking to restructure their debt. Individuals usually file Chapter 7 or Chapter 13 rather than Chapter 11. The debtor usually remains in possession of its assets, and operates the business under the supervision of the court and for the benefit of creditors. The debtor in possession is a fiduciary for the creditors.
• Foreclosure
  For those who do not qualify for Chapter 7 or for those trying to save their home from foreclosure may be able to file a Chapter 13, which is commonly known as “reorganization†. A Chapter 13 typically lasts only from 3 to 5 years and consists of the debtor making regular monthly payments to the Trustee assigned to his or her case. The most common question is “What are my payments going to be?†Our skilled Attorneys will analyze your information and then determine the smallest payment legally possible. However, the actual amount of the payment will typically not be known until the debtor files for relief under Chapter 13. But, rest assured that the payment will not be more than you can afford. Our Attorneys will work with you to assess a fair and reasonable monthly budget. Typically, your payment to the Trustee will not exceed the amount that is left over each month, according to your budget.
• Tax Law
  Our Tax Attorney's represent clients in all tax matters for individuals of tax resolution & representation. Get Help Now!