Bankruptcy can be an incredibly challenging and overwhelming experience for individuals or businesses struggling with overwhelming debt. At The Law Offices of Nicholas J Del Pizzo, we understand the complexities and emotional toll that bankruptcy can bring. Our expertise and personalized approach allow us to tailor our strategies to your unique circumstances, ensuring that you […]
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Should you file for bankruptcy before or after filing your tax return
Both filing for bankruptcy and filing taxes can be confusing processes on their own and when you combine them it can become even more complicated. At The Law Offices of Nicholas J. Del Pizzo, III, we understand the difficulties you may face during this process and our team of experienced professionals is here to help […]
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The Origin of the Word Bankruptcy
Bankruptcy, a term commonly associated with financial failure and insolvency, has a rich history that spans across different cultures and time periods. One fascinating chapter in the story of bankruptcy can be found in the city of Florence, Italy, where the word “bankruptcy” originated and played a significant role in the economic and social fabric […]
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Can I file for bankruptcy again?
When many of us hope to never face a financial crisis, there are some who will face more than one in their lifetime. Often times life events such as an illness, or losing one’s job can lead to bankruptcy and seeking a fresh start financially. You may find yourself asking, can I even file for […]
Continue readingMore TagWhat does a debt lawyer do?
A debt lawyer is a legal practitioner who helps people collect, pay or write- off debts. These are the three basic services debt lawyers provide: Debt lawyers help you collect debts owing to you. Small business owners and professionals often need a lawyer who can run after other businesses, customers and clients who owe them […]
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While filing for bankruptcy is not something you’d ever thought you would have to do, it’s important to remember that you are not alone. Bankruptcy filings are actually very common, with over 500,000 Americans filing for bankruptcy in 2020. There are many misconceptions about bankruptcy that can make this process seem very frightening. Let’s take […]
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How COVID-19 is affecting middle-class bankruptcy cases
Bankruptcy should never be seen as a sign of failure. It is a legal way to rebuild after an emergency. If you are deeply in debt, consider taking advantage of this opportunity to protect yourself and your family, but be sure to understand the process and its implications. The bankruptcy court of Maryland warns that […]
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Can wages or unemployment be garnished under COVID
As a result of the unprecedented global pandemic caused by COVID-19, an enormous amount of people have faced unpaid furloughs, a reduction in paid working hours, or in some cases unemployment. During the first two months of the pandemic alone, more than 36 million U.S. works filed for unemployment, a record high for our […]
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Bankruptcy can be a seemingly confusing process. However, there are constants that come with every bankruptcy case. At the Law Offices of Nicholas J. Del Pizzo, III P.A we have handled thousands of bankruptcy cases. With our experience in these cases, we have compiled a breakdown of what to expect after your papers are filed […]
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COVID-19 Small Business Bankruptcy Relief
Many small businesses throughout the U.S. have sadly struggled to survive the challenges posted by the novel coronavirus. If a business is overwhelmed by debt, its owners may decide to file for bankruptcy. Businesses most often file for bankruptcy under Chapter 11 or Chapter 7 of the Bankruptcy Code. While Chapter 11 historically has proven […]
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