Food is a necessity that, at times, is taken for granted. Those with plenty should help those with little. Through our firm’s Thanksgiving Food Drive, this year we looked to give back to those in need within our New Jersey...
Whether you are an individual or a business owner, facing a financial crisis can feel overwhelming. You want to regain control of your future, but understanding your legal options to file for bankruptcy can be a challenge. A planned bankruptcy...
Starting fresh financially is a big step, but you do not have to handle it alone. True financial relief is about more than just filling out legal paperwork. It is about building a solid foundation for your future. If you...
2025 saw a significant rise in bankruptcy filings across the nation, with total cases reaching 574,314, an 11% increase over the previous year, according to the Administrative Office of the U.S. Courts. At Gillman Capone, we understand that these statistics...
One aspect of filing for bankruptcy you may be wondering about is the credit counseling. Fortunately, this is not a weeks-long course, but rather a quick task that most filers should complete within an hour. It is important that you...
WeWork, a coworking space company, filed for Chapter 11 bankruptcy on November 6, 2023 and is being represented by King & Spalding. This filing marked a significant step in the company’s efforts to restructure its debt and operations amidst ongoing...
Recently, Red Lobster has filed for Chapter 11 Bankruptcy and it's path to this filing is shaped by a combination of strategic missteps and external economic pressures. The seafood chain has grappled with several key issues which pushed them to...
Filing for bankruptcy is a significant financial decision that can have some lasting effects for individuals and businesses. Even with these effects in mind, the relief that bankruptcy offers from overwhelming debt that may be worth the temporary repercussions of...
Chapter 13 bankruptcy is not just a mechanism for debt restructuring—it’s also a crucial strategy for homeowners facing the distressing prospect of foreclosure or eviction. Chapter 13 bankruptcy offers a structured approach to not only halt these proceedings but also...
Chapter 13 bankruptcy serves as a beacon of hope for individuals facing financial turmoil, especially homeowners. This legal pathway not only offers a chance to reorganize debt but also protects the equity in real estate, which for many, represents a...
The Distinction Between Chapter 13 and Chapter 7 Bankruptcy At the heart of Chapter 13 bankruptcy is the opportunity for debtors to keep their assets, most notably their homes. This is in stark contrast to Chapter 7, where liquidation of...
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