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Law Office of Ronald V. De Caprio June 7, 2018

What Is a ‘Voidable Preference’ in Bankruptcy?

Let’s imagine that you own and operate a business in Rockland County. You have a customer who owes you money for goods that were bought at various times during the last year.

Law Office of Ronald V. De Caprio May 30, 2018

Should student loans be dischargeable in Chapter 7 bankruptcy?

As young adults in Rockland County graduate from college and prepare to enter the working world, one of the biggest obstacles many face is paying off the loans they incurred to pay for college.

Law Office of Ronald V. De Caprio May 24, 2018

What Is a ‘341 Meeting’ in A Chapter 7 Bankruptcy?

Anyone in New York who files a petition under Chapter 7 of the United States Bankruptcy Code must attend a meeting with creditors and the trustee early in the proceeding.

Law Office of Ronald V. De Caprio May 17, 2018

The Advantages of Reaffirming a Debt in Bankruptcy

When a resident of Rockland County considers filing a bankruptcy petition, one of the many questions he or she may have is whether he or she will be able to keep his or her car.

Law Office of Ronald V. De Caprio May 9, 2018

Personal Bankruptcy Basics for Individuals

All the recent news about high-profile corporate bankruptcies including, Toys “R” Us, Gibson Guitars and Weinstein Companies, can obscure the remedies that bankruptcy may provide for individuals

Law Office of Ronald V. De Caprio May 3, 2018

What Should Landlords Know if A Tenant Files for Chapter 11?

The bankruptcy of a business tenant can be financially cataclysmic for a commercial landlord. If a commercial landlord in New York believes that a tenant is on the verge of filing a Chapter 11 business bankruptcy petition...

Law Office of Ronald V. De Caprio April 26, 2018

Condo Developer Faces Involuntary Business Bankruptcy

Real estate developers often use favorable markets to obtain financing to build and sell their projects. Unhappily, bull markets do not last forever, and when a market cools, developers and investors are often left wondering what happened — and what to do next.

Law Office of Ronald V. De Caprio April 19, 2018

Understanding the Role of The Bankruptcy Trustee

People in Rockland County who may be contemplating filing a petition in bankruptcy court will want to know who will be controlling their fate after they file a petition.

Law Office of Ronald V. De Caprio April 12, 2018

Personal Bankruptcy Code Held to Outweigh Arbitration Clause

Virtually every credit card contract issued in Rockland County and throughout the country contains a binding arbitration clause. These clauses require all disputes between the card holder and card issuer to be resolved in a binding arbitration proceeding

Law Office of Ronald V. De Caprio April 6, 2018

What Are Bankruptcy Exemptions?

When a resident of Rockland County contemplates filing a bankruptcy petition, one of the first questions asked is whether creditors can seize the person’s residence, automobiles, retirement plans or other assets,

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