Filing for bankruptcy is a great economic strategy when reserved for periods of limited cash flow and excessive debt, but its effect quickly diminishes when it becomes the designated go-to method to stave off troubling financial events.  Unfortunately, for the debtor i...

Often times a visionary makes a good businessman, but bankruptcy has no room for visionary schemes, only concrete evidence. Judge Carla E. Craig of the Eastern District of New York granted a mortgagee-creditor’s motion to lift the automatic stay against 231 Fourth Aven...

The title is a mouthful, but it is much like the decision rendered by Judge Carla E. Craig of the Eastern District of New York. The decision was truly about a motion to reconsider the judge’s previous decision, but at the heart of the discussion was an individual Chapt...