What Is Business Bankruptcy?

Individuals aren’t the only entity to struggle with finances, which is why we have business bankruptcy. Just as a person can accumulate debt, take out to many loans, and overuse a credit card – so can a company. In fact, businesses are far more susceptible to debt and overwhelming payment obligations. Why? The implications and…

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8 Confusing Bankruptcy Terms Explained by an NY Bankruptcy Lawyer

You need to be an active participant in your NY bankruptcy proceedings. Even though an NY bankruptcy lawyer from Simon Haysom, LLC is with you every step of the way, it is crucial you understand the process, laws, and requirements of an NY bankruptcy case. When you do, the path through bankruptcy is smoother and…

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