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In New York in 2020, almost 40 percent fewer bankruptcies were filed than in 2019

All over New York there were discouraging signs. “Retail Space for Rent” almost always indicated a business that had gone out of business. When businesses fail, other businesses in the neighborhood notice, as do related businesses. And yet businesses keep going as long as they can. In fact, the only section of our economy that …

In New York in 2020, almost 40 percent fewer bankruptcies were filed than in 2019 Read More »

In New York in 2020, almost 40 percent fewer bankruptcies were filed than in 2019

All over New York there were discouraging signs. “Retail Space for Rent” almost always indicated a business that had gone out of business. When businesses fail, other businesses in the neighborhood notice, as do related businesses. And yet businesses keep going as long as they can. In fact, the only section of our economy that …

In New York in 2020, almost 40 percent fewer bankruptcies were filed than in 2019 Read More »

Despite massive unemployment, personal bankruptcy filings in 2020 were at their lowest in 34 years. This was a direct result of the Coronavirus pandemic.

The only section of our economy that behaved normally during 2020 belonged to those who filed under chapter 11, which has always been, and continues to be, for big business reorganization. New York City was the hardest hit of any American city with, at last count, more than 24,000 deaths linked to the virus.  Many New …

Despite massive unemployment, personal bankruptcy filings in 2020 were at their lowest in 34 years. This was a direct result of the Coronavirus pandemic. Read More »

THE SMALL BUSINESS REORGANIZATION ACT OF 2019, PLUS THE CORONAVIRUS STIMULUS BILL, MAKE IT EASIER FOR CONSUMERS AND SMALL BUSINESSES TO FILE FOR BANKRUPTCY

The Small Business Reorganization Act, signed into law by President Trump in August 2019, became effective on February 19, 2020, shortly before the coronavirus struck hard in the U.S. By the end of March 2020, Congress had enacted, and President Trump had signed, the $2 trillion “Coronavirus Aid, Relief and Economic Security Act” (CARES Act), …

THE SMALL BUSINESS REORGANIZATION ACT OF 2019, PLUS THE CORONAVIRUS STIMULUS BILL, MAKE IT EASIER FOR CONSUMERS AND SMALL BUSINESSES TO FILE FOR BANKRUPTCY Read More »

THE SMALL BUSINESS REORGANIZATION ACT OF 2019, PLUS THE CORONAVIRUS STIMULUS BILL, MAKE IT EASIER FOR CONSUMERS AND SMALL BUSINESSES TO FILE FOR BANKRUPTCY

The Small Business Reorganization Act, signed into law by President Trump in August 2019, became effective on February 19, 2020, shortly before the coronavirus struck hard in the U.S. By the end of March 2020, Congress had enacted, and President Trump had signed, the $2 trillion “Coronavirus Aid, Relief and Economic Security Act” (CARES Act), …

THE SMALL BUSINESS REORGANIZATION ACT OF 2019, PLUS THE CORONAVIRUS STIMULUS BILL, MAKE IT EASIER FOR CONSUMERS AND SMALL BUSINESSES TO FILE FOR BANKRUPTCY Read More »

NEW CORONAVIRUS STIMULUS BILL MAKES IT EASIER FOR CONSUMERS AND SMALL BUSINESSES TO FILE FOR BANKRUPTCY

The $2 trillion “Coronavirus Aid, Relief and Economic Security Act” (CARES Act), signed into law by President Trump on Friday afternoon. provides financially distressed consumers and small businesses with greater access to bankruptcy relief. Key bankruptcy provisions within Section 1113 of the CARES Act include: Amending the Small Business Reorganization Act of 2019 (SBRA) to …

NEW CORONAVIRUS STIMULUS BILL MAKES IT EASIER FOR CONSUMERS AND SMALL BUSINESSES TO FILE FOR BANKRUPTCY Read More »

Attorney Bruce Weiner to teach course on Handling Business Bankruptcy Cases: Friday, March 13, 2020, 2:00-5:00 pm

This training, presented by the New York County Lawyers Association Continuing Legal Education Institute, is designed to help participants gain an understanding of how to handle a business bankruptcy case under Chapter 11 of the Bankruptcy Code. Its panel — Bruce Weiner, Esq., Todd Duffy, Esq. and Gabriel Del Virginia, Esq. — will also pay …

Attorney Bruce Weiner to teach course on Handling Business Bankruptcy Cases: Friday, March 13, 2020, 2:00-5:00 pm Read More »

Attorney Bruce Weiner to Teach Introduction to Consumer Bankruptcy Law, Monday, October 28, 2019, 6:00-8:00 pm

This training program, presented by the Brooklyn Bar Association Volunteer Lawyers Project, is designed for attorneys who are new to low-asset, low-income Chapter 7 bankruptcies. Its panel — Bruce Weiner, Esq., and Sheldon Barasch, Esq. — will provide an overview of the steps in a consumer bankruptcy, discuss general principles, and review the petition and …

Attorney Bruce Weiner to Teach Introduction to Consumer Bankruptcy Law, Monday, October 28, 2019, 6:00-8:00 pm Read More »

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