We serve and vigorously protect the interests of our bankruptcy clients in a high-quality, efficient, and cost-effective manner, while providing extensive knowledge, attention to detail, and aggressive legal representation. Our reputation in legal circles is such that it is not uncommon for adversaries of OSBIG to recommend our firm.
On occasion, our adversaries on prior cases have even hired us to represent them. Our cases come through referrals from other law firms, from past or present clients, or through word of mouth. We're known for our litigation expertise, the in-depth analysis we give all our cases, and the level of time, energy, and due diligence we invest from the very beginning of each and every case.
On occasion, our adversaries on prior cases have even hired us to represent them. Our cases come through referrals from other law firms, from past or present clients, or through word of mouth. We're known for our litigation expertise, the in-depth analysis we give all our cases, and the level of time, energy, and due diligence we invest from the very beginning of each and every case.
Services
The fundamental goal of the federal bankruptcy laws enacted by Congress is to give debtors a financial "fresh start" from burdensome debts. This goal is accomplished through the bankruptcy discharge, which releases debtors from personal liability from specific debts and prohibits creditors from ever taking any action against the debtor to collect those debts.
Determining whether or not to file Bankruptcy is one of the most important financial decisions a person will ever make. This decision must be an informed decision that can only be made after consulting with an experienced professional at OSBIG. We have substantial experience representing not only Debtors, but Chapter 7 Trustees, and Creditors.
Chapter 7 Bankruptcy contemplates an orderly, court-supervised procedure by which a trustee administers the assets of the debtor's estate. The Trustee's role is to liquidate a debtor's non-exempt assets, reduce them to cash, and make distributions to creditors. This is subject to the debtor's right to retain certain exempt property and the rights of secured creditors.
This type of Bankruptcy is ordinarily is used by commercial enterprises that desire to continue operating a business and repay creditors concurrently through a court-approved plan of reorganization.
The chapter 11 debtor usually has the exclusive right to file a plan of reorganization for the first 120 days after it files the case and must provide creditors with a disclosure statement containing information adequate to enable creditors to evaluate the plan.The court ultimately approves (confirms) or disapproves the plan of reorganization.
The chapter 11 debtor usually has the exclusive right to file a plan of reorganization for the first 120 days after it files the case and must provide creditors with a disclosure statement containing information adequate to enable creditors to evaluate the plan.The court ultimately approves (confirms) or disapproves the plan of reorganization.
Chapter 12 is designed for "family farmers" or "family fishermen" with "regular annual income." It enables financially distressed family farmers and fishermen to propose and carry out a plan to repay all or part of their debts. Under chapter 12, debtors propose a repayment plan to make installments to creditors over three to five years.
Reviews (10)
Jim Carlton
Jun 07, 2021
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Jammal Faraj
May 02, 2021
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Mark Stabile
Jan 20, 2021
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Mario L.
Jan 16, 2021
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Positive: Professionalism, Quality, Responsiveness, Value
Very professionl group, and excellent value for amout of expierence and legal expertise. Always prompt at answering questions. They give you a great roadmap of process ahead, and of the procedures you will go through. I'm Grateful and very thankful for their services, they worked hard to give me a fresh slate. Highly recommended 10+++
Very professionl group, and excellent value for amout of expierence and legal expertise. Always prompt at answering questions. They give you a great roadmap of process ahead, and of the procedures you will go through. I'm Grateful and very thankful for their services, they worked hard to give me a fresh slate. Highly recommended 10+++
William Pagen
Jan 02, 2021
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Yuliy and his team were extremely professional, informed and sensitive to our needs and predicament now over 5 years ago. I recently had occasion to reach out to Yuliy personally about a concerning notice I received regarding a formerly discharged debt in our bankruptcy. I was pleasantly surprised that he responded within 15 minutes after all these years, and followed up with a phone call. A great man and awesome organization!
Debbie Phillips
Nov 13, 2020
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Highly recommend this firm to business owners requiring excellence in Business Financial, Real Estate and Construction legal guidance, services and representation. Yuliy was knowledgeable in the intricacies of owning and operating a business, highly-experienced in Business Law, and dedicated to helping us to achieve our goals while protecting our best interests.
Monica Henry-Patrick
Sep 09, 2020
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Ann Liebau
Aug 02, 2020
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After facing a financial disaster because of illness and some serious bad employment decisions I tried to use a debt relief program but could not make the monthly payments. I then tried to avoid my creditors by ignoring phone calls until they started posting notices on my front door. A friend of mine recommended Jeff and said he was very good. My husband and I decided to join together and file a joint bankruptcy. Navigating the bankruptcy requires knowledge of the process, dealing with the creditors and protecting the property you want to keep. Jeff provided the guidance we needed to make the right
Scott R.
May 17, 2020
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Jesse Sweeney
May 04, 2020
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Positive: Professionalism, Quality, Responsiveness, Value
OsBig are experts in their field. I refer my Chapter 11 and complex cases to this firm and they do exceptional work. Professional, respected and trusted. Every client I've referred to them has had nothing but great things to say about their work quality and client success. 10/10.
OsBig are experts in their field. I refer my Chapter 11 and complex cases to this firm and they do exceptional work. Professional, respected and trusted. Every client I've referred to them has had nothing but great things to say about their work quality and client success. 10/10.
