bankruptcy

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28

Oct2017
Buffalo Business First reports an increase in bankruptcy filings in Western New York: In September, the number of bankruptcy cases totaled 264 in the eight-county region – up 13.8 percent from the same month last year, according to new data from the U.S. Bankruptcy Court Western District of New ... Read More

13

Jun2011
Buffalo Office Olympic Towers 300 Pearl St. Suite 250 Buffalo, NY 14202 (716) 362-3200 Calendars Chief Judge Bucki Judge Ninfo Judge Kaplan Calendar for Meeting of Creditors (341 Meetings) Map:

05

Sep2009
Chapter 13 is designed for individuals with regular income who want to pay their debts but are unable to do so in a timely manner. The purpose of Chapter 13 is to enable financially distressed individual debtors to propose and carry out a repayment plan under which creditors are paid ... Read More

05

Sep2009
While individuals may file a petition under Chapter 11, it is typically used to reorganize a business. As with all other chapters, a Chapter 11 case commences when a bankruptcy petition is filed with the bankruptcy court.

29

Aug2009
Under Chapter 7, sometimes known as a liquidation, a bankruptcy trustee gathers and sells the debtor's nonexempt assets, and uses the proceeds to pay holders of claims (creditors). In general, however, the majority of Chapter 7 cases are no-asset cases, in which the debtor has no available property for the ... Read More

29

Aug2009
Bankruptcy is a legal procedure for dealing with the debt problems of individuals and businesses. This procedure is covered under Title 11 of the United States Code (the Bankruptcy Code). The vast majority of cases are filed under the three main chapters of the Bankruptcy Code, which are Chapter 7, ... Read More

29

Aug2009
Personal bankruptcy generally is considered the debt management option of last resort because the results are long lasting and far-reaching. A bankruptcy stays on your credit report for 10 years, and can make it difficult to obtain credit, buy a home, get life insurance, or sometimes get a job. Still, ... Read More