With more than six decades of experience, the bankruptcy attorneys at Macco Law Group, LLP are here to provide positive solutions to your financial challenges. Before filing for bankruptcy, you may feel intimidated or even shame. However, letting go of this sense of resentment and blame could be the solution to your current financial woes.
Filing for bankruptcy, whether as an individual, married couple, or business, can be a highly effective means of regaining financial control of your life, business, or, in some scenarios, both.The process of filing for bankruptcy, and the steps following after, are almost always complicated and confusing for even the biggest finance aficionados. One of the first factors you need to determine is your qualifying debt and income.
From there, you must quantify your assets, in addition to countless other factors that you must evaluate. After these considerations, you will need to decide if you should file for bankruptcy, and if so what type of bankruptcy will be of most benefit to you and the one you will ultimately pursue.
Filing for bankruptcy, whether as an individual, married couple, or business, can be a highly effective means of regaining financial control of your life, business, or, in some scenarios, both.The process of filing for bankruptcy, and the steps following after, are almost always complicated and confusing for even the biggest finance aficionados. One of the first factors you need to determine is your qualifying debt and income.
From there, you must quantify your assets, in addition to countless other factors that you must evaluate. After these considerations, you will need to decide if you should file for bankruptcy, and if so what type of bankruptcy will be of most benefit to you and the one you will ultimately pursue.
Services
The attorneys at Macco Law Group, LLP have well over 70 years of experience between them.
This includes almost 30 years as partners in our Suffolk County-based practice, focused exclusively on bankruptcy and insolvency matters.
Mr. Macco is one of only two Chapter 13 trustees in the Eastern District of New York, giving him in-depth knowledge of consumer bankruptcy from all perspectives.
Between private practice and service as trustees, our partners estimate they have been involved in over 100,000 bankruptcy cases.
This includes almost 30 years as partners in our Suffolk County-based practice, focused exclusively on bankruptcy and insolvency matters.
Mr. Macco is one of only two Chapter 13 trustees in the Eastern District of New York, giving him in-depth knowledge of consumer bankruptcy from all perspectives.
Between private practice and service as trustees, our partners estimate they have been involved in over 100,000 bankruptcy cases.
Chapter 11 bankruptcy, also frequently referred to as reorganization bankruptcy, permits debt restructuring under the United States bankruptcy laws.
Chapter 11 bankruptcy is a means of restructuring an entity's affairs, debts, and assets, and it is available to every business and, in some instances, individuals.
Because Chapter 11 bankruptcy cases are geared towards businesses, chapter 11 cases are the most complicated types of bankruptcy cases and often incur substantial legal fees during a course of representation.
Chapter 11 bankruptcy is a means of restructuring an entity's affairs, debts, and assets, and it is available to every business and, in some instances, individuals.
Because Chapter 11 bankruptcy cases are geared towards businesses, chapter 11 cases are the most complicated types of bankruptcy cases and often incur substantial legal fees during a course of representation.
Chapter 13 bankruptcy, also known as "a wage earner's plan, " is a type of bankruptcy where a debtor undertakes a reorganization of their finances under the supervision and approval of the federal government.
One of the most attractive aspects of Chapter 13 bankruptcy is that the repayment plan provides "regular" income individuals with an opportunity to develop a plan to restructure their debt while retaining all of their property.
A chapter 13 requires a debtor to propose a plan of reorganization that lasts between three (3) years and five (5) years.
One of the most attractive aspects of Chapter 13 bankruptcy is that the repayment plan provides "regular" income individuals with an opportunity to develop a plan to restructure their debt while retaining all of their property.
A chapter 13 requires a debtor to propose a plan of reorganization that lasts between three (3) years and five (5) years.
The Long Island, NY foreclosure process can be complicated.
These challenging legal matters should not be ignored.
Banks, as diligent as they may seem, both big and small, sometimes make mistakes.
Your experienced and hardworking New York foreclosure defense attorney could investigate and unveil these mistakes.
The adept attorneys at Macco Law Group can thoroughly review your New York foreclosure filing, mortgage documents, and the assignments of the note and mortgage to ensure that your bank's foreclosure action complies with New York State and federal laws.
These challenging legal matters should not be ignored.
Banks, as diligent as they may seem, both big and small, sometimes make mistakes.
Your experienced and hardworking New York foreclosure defense attorney could investigate and unveil these mistakes.
The adept attorneys at Macco Law Group can thoroughly review your New York foreclosure filing, mortgage documents, and the assignments of the note and mortgage to ensure that your bank's foreclosure action complies with New York State and federal laws.
In addition to our work helping individuals and businesses file bankruptcy, we are well qualified to fight for creditor's rights under the law.
Both our law partners, Michael J. Macco and Richard L. Stern, have decades of experience helping creditors prevent losses and recover damages when the bankruptcy system is abused.
Macco & Stern has an impressive list of major companies who depend on our law firm for strong, productive representation of their interests in bankruptcy court.
Our track record of success in this area has resulted in many long-term relationships.
Both our law partners, Michael J. Macco and Richard L. Stern, have decades of experience helping creditors prevent losses and recover damages when the bankruptcy system is abused.
Macco & Stern has an impressive list of major companies who depend on our law firm for strong, productive representation of their interests in bankruptcy court.
Our track record of success in this area has resulted in many long-term relationships.
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