Law Offices of Alla Kachan, P.C.

09/02/2026

09/02/2026

Overwhelmed By Credit Card Debt?

08/31/2026

Alla what do you think about merchant advance loans for businesses that are struggling? In short RUN! …

08/26/2026

5 Signs Your Debt May Becoming Unmanageable:

08/20/2026

One of the common myths about bankruptcy filings is that for seven years you will not be able to run a business, buy a home, have credit cards, get a car. Absolutely not true on all counts. You can definitely obtain a mortgage within a year to two years of your bankruptcy filing. You can get credit cards within a month or two of your bankruptcy filing, you can get a car lease within a year of your bankruptcy filing, you can get a car finance within a few months of your bankruptcy filing. And you can open a business, run a business and not a penny of your future profits, of your future income can be garnished by any creditors discharged in a bankruptcy filing.

08/13/2026

At the Law Offices of Alla Kachan, we specialize in bankruptcy, debt settlement, and financial restructuring solutions for individuals and businesses. Our practice includes business reorganizations, mortgage modifications, foreclosure defense, and representation in Chapter 7, Chapter 11, and Chapter 13 bankruptcy matters. We are licensed to practice in New York and New Jersey and work with clients to identify practical legal solutions tailored to their financial circumstances.

08/10/2026

What you may not know is that if you’re being sued for any monetary debt in state court whether it is a landlord, an FLSA creditor, a merchant advance lender, a credit card, a mortgage bank on any monetary debt, there is no real defense in state court that your attorney can assert and win. There is no defense other than this was stolen identity or someone forged your signature or the jurisdiction is wrong, other than that there is no real defense on a monetary debt. In state court, if a state court attorney is representing you in state court litigation on any monetary debt, sooner or later you will either lose or have to settle. What you should do is file for bankruptcy first and address the debt through the bankruptcy court where there are real defenses, a chance to object, or discharge the debt. Speak to us first about a bankruptcy filing, a state court action cannot be resolved successfully in your favor.

08/04/2026

Give our office a call at (718) 513-3145 to book your consultation and discuss your options.

07/30/2026

Chapter 7 Bankruptcy Explained

Many people think filing Chapter 7 bankruptcy means they have failed—but that is one of the biggest misconceptions.

Chapter 7 is a legal liquidation process that may allow an eligible individual to discharge many qualifying debts and obtain a financial fresh start. Filing a bankruptcy petition ordinarily triggers an automatic stay, which temporarily stops most collection activity involving debts that arose before the filing, including many lawsuits and wage garnishments. Certain actions are excepted from the automatic stay, creditors may request relief from the stay, and the stay may be limited or unavailable in some repeat-filing situations.

For an individual who receives a discharge, Chapter 7 may eliminate personal liability for many unsecured debts, including many credit-card balances, medical bills, and personal loans. However, not every debt is dischargeable, and a discharge is not guaranteed in every case.

A Chapter 7 trustee may sell nonexempt property when doing so would benefit the bankruptcy estate. Many individual Chapter 7 cases are no-asset cases because no nonexempt assets are available for distribution to unsecured creditors. The property a person may retain depends on the facts of the case and the applicable exemption laws.

Businesses may also file Chapter 7 to liquidate assets and wind down operations. However, corporations and LLCs do not receive a Chapter 7 discharge because a discharge under Chapter 7 is available only to an individual debtor.

Every financial situation is unique, and Chapter 7 is only one of several bankruptcy options available. Understanding your rights and the available legal tools is the first step toward making an informed decision.

Have questions about Chapter 7? Leave them in the comments below. ⬇️ Or give us a call at (718) 513-3145 #банкротствофизлиц

07/29/2026

Divorce litigation can create serious financial pressure, especially when a case drags on for years. In certain cases, Chapter 11 bankruptcy may help even the playing field, reorganize debt, and protect property while moving toward a fair resolution. #глава11 #банкротствофизлиц