bankruptcy law

Bankruptcy is not a sign of personal and professional failure; at Robinson & Yablon we understand this fact. We have helped countless businesses and individuals obtain relief from bankruptcy.

The federal bankruptcy laws are designed to allow protection from creditors. The law affords people several options; with a Chapter 7 bankruptcy you can keep certain assets (like a house or a car) and liquidate your remaining property to eliminate debt. A Chapter 13 bankruptcy allows you to keep all of their possessions by "consolidating" existing debt and agreeing to compensate creditors over a set period of time.

We also file Chapter 11 bankruptcy cases for businesses looking to restructure. This is done by structuring court-approved long-term payment plans for taxes, trade debt, and protected obligations. We have helped many large and family-owned businesses stay in business by restructuring.

Robinson & Yablon can act on your behalf by immediately filing a bankruptcy petition. By doing this, the court will most likely issue a “stay” meaning creditors will be unable to try and collect debts from you. Let us help, call today!