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Category Archives: Bankruptcy Attorneys

Insolvency

Insolvency And Business Bankruptcy: Things To Consider

By Kelley Kaplan & Eller |

What is the relationship between insolvency and business bankruptcy? Typically, the term “insolvency,” or being insolvent, is not used to discuss consumer financial circumstances but rather to explain the financial situation of a business. While the term can be applied to individuals and businesses alike, it is a term that is frequently used to… Read More »

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TaxesOnline

Bankruptcy, Debt Relief, And Taxation: What You Should Know

By Kelley Kaplan & Eller |

If you are seeking a debt settlement or a non-bankruptcy workout, or if you are planning to file for bankruptcy, you may be unsure about how taxation of any debt relief or discharged debt or forgiven debt will be handled. Our West Palm Beach bankruptcy lawyers know that questions about debt relief and taxation… Read More »

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DebtCollectionCall

Can A Creditor Violate The Automatic Stay?

By Kelley Kaplan & Eller |

After you have filed for bankruptcy, the automatic stay attaches according to the U.S. Bankruptcy Code. What is the automatic stay? The automatic stay is an injunction that stops creditors and debt collectors from moving forward with any actions in order to collect the debt you owe. The injunction can stop many different forms… Read More »

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Debt4

Debt Settlement Versus Bankruptcy: Pros And Cons

By Kelley Kaplan & Eller |

When you are struggling with debt and you are exploring your options, you may be considering personal bankruptcy or debt settlement. Both bankruptcy and debt settlement are ways of reducing, eradicating, or managing debt. Yet there are pros and cons to each, and it is important to understand the benefits and limitations before you… Read More »

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Bank17

Do I Need To Consider An Asset Protection Strategy If I File For Bankruptcy?

By Kelley Kaplan & Eller |

Filing for bankruptcy is an extremely complicated process, and you should seek assistance from a bankruptcy attorney from the start. When you are planning to file for bankruptcy, your bankruptcy lawyer can provide you with detailed information about how the bankruptcy process works, and how your current assets will be handled (depending upon the… Read More »

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MoneyGavel

What Is A Single Asset Real Estate Debtor In Chapter 11 Bankruptcy?

By Kelley Kaplan & Eller |

Within the broad categories of Chapter 11 bankruptcy filers, there are certain filers who are subject to specific requirements under the U.S. Bankruptcy Code, or can be eligible for certain forms of relief that are not available to other types of debtors. One of those types of filers is known as a “single asset… Read More »

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Bankr31

Keeping Your Business Open With Chapter 11 Bankruptcy

By Kelley Kaplan & Eller |

If your business is struggling due to recent economic circumstances, or as a result of circumstances that could change in the future, bankruptcy could be a way for you to catch up on business debts with creditors while remaining open and operational. Many business owners assume that filing for bankruptcy means that you will… Read More »

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Bankr14

Filing For Bankruptcy The Second Time: What You Should Know

By Kelley Kaplan & Eller |

For various reasons and under different circumstances, a person or a small business may need to file for bankruptcy a second time. The need to file for bankruptcy a second time might occur in an individual’s life due to unexpected medical expenses, for example, or an unexpected loss of a job. When sole proprietorships… Read More »

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Bankruptcy19

What Can Cryptocurrency Holders Do If Their Exchange Files For Bankruptcy?

By Kelley Kaplan & Eller |

Recent news concerning cryptocurrency and cryptocurrency exchanges has focused on the possibility of crypto bankruptcies. Indeed, although crypto exchanges at one time appeared to be allowing investors to earn significant profits, the value of cryptocurrency has plunged and many crypto exchanges and firms are turning to bankruptcy. As a recent article in Forbes underscores,… Read More »

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Bank5

Does My Business Qualify For Subchapter V?

By Kelley Kaplan & Eller |

Is your business struggling with debt such that you are considering filing for Chapter 11 bankruptcy? If so, it is important to determine whether you could qualify for Subchapter V bankruptcy. As you might already know, Subchapter V is a specific type of Chapter 11 bankruptcy that is designed specifically for small business owners,… Read More »

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