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September 23, 2020 | Freya Allen Shoffner, Esquire | Main Office

Dos and Don'ts Before Filing Bankruptcy


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Bankruptcy is designed to give you a fresh start. Do it right. Doing it right starts before you file!

September 17, 2020 | Freya Allen Shoffner, Esquire | Main Office

Honesty in Bankruptcy


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As a small business owner in the Boston area you must be scrupulously honest. This applies to all aspects of your business including bankruptcy. Being honest will serve you well. You will get better advice, it will help you with debt relief, avoid fines, and keep you out of jail.
September 02, 2020 | Freya Allen Shoffner, Esquire | Main Office

"Cramdowns" and Subchapter V





Cramdowns work hand in hand with Subchapter V bankruptcies. Subchapter V of Chapter 11 offers a streamlined process for small businesses going through bankruptcy. Simplifying the process means that filing under Subchapter V significantly reduces the time and money typical bankruptcy takes. A cramdown is a court-imposed reduction of...
August 26, 2020 | Freya Allen Shoffner, Esquire | Main Office

Bankruptcies: Chapter 11 Subchapter 5 or Chapter 13?


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Your debt can be reorganized through Chapter 13 or Chapter 11. Different parameters determine which bankruptcy is right for you. The purpose of these bankruptcy cases is to help the debtors get back on their financial feet. Creditors generally receive...
August 14, 2020 | Freya Allen Shoffner, Esquire | Main Office

What to Ask Your Prospective Divorce Attorney

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You have made the difficult decision to get divorced and it is time to choose a divorce attorney. A very important part of selecting an attorney is the initial consultation. Make sure you ask the right questions at this time to select the attorney and to prepare for the divorce proceedings. You will want to know about the attorney's experience, how the law applies to you, fees, and more. Prepare for your consultation with your questions for the divorce lawyer you will be interviewing. You want the initial consultation to determine whether this is the right attorney for you and your divorce.
August 06, 2020 | Freya Allen Shoffner, Esquire

Can't Make Payroll?



Oh no, you cannot make payroll – the position no business owner wants to be in. Not being able to make payroll comes up for a variety of reasons. Some industries have low seasons, receivables may be down, and of course there are down economies. During this time of Covid-19 and the economic repercussions, some industries have been greatly impacted and there has been a sharp uptick in businesses being unable to pay their employees.
July 31, 2020 | Freya Allen Shoffner, Esquire | Main Office

Legal Matters 2020 Summer




July 24, 2020 | Freya Allen Shoffner, Esquire

Can The Subchapter V Trustee Be Your Business' Best Friend?

The Trustee in Subchapter V Bankruptcies


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Subchapter V of Chapter 11 bankruptcy is an expedited process for small businesses.

Simplifying the process means that filing under Subchapter V significantly reduces the time and money typical bankruptcy takes.
July 20, 2020 | Freya Allen Shoffner, Esquire | Main Office

Estate Planning for New Parents



Many people put off estate planning until faced with a big life event. The birth of a child is a time when people often start the estate planning process, if they haven't before then. There are three big estate planning steps to take.
July 10, 2020 | Freya Allen Shoffner, Esquire | Main Office

Choosing the Right Financial Advisor

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There are many considerations when choosing a financial advisor or even whether to choose one. While the value of working with a financial advisor varies, keep in mind that average additional investment returns can range from 1.5% to 4% more each year when working with a financial advisor. People who work with financial advisors report greater financial security, confidence and clarity than those who don't.
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