Investment in Distressed Assets in New York: Purchasing an Asset in Bankruptcy or via a UCC Foreclosure

Opportunities are increasingly emerging in New York for the purchase of distressed assets. Opportunities abound in commercial real estate, residential real estate, retail, manufacturing, franchising, distribution and food & beverage. Many of these distressed assets shall hit bankruptcy courts or shall be sold under the UCC. Opportunities are, immediately, available

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Eviction Moratorium on Commercial & Residential Rents set to continue in New York until 2021

The Big Apple continues to present new opportunities to both new entrepreneurs entering the market and the established players who continue to call New York City home. No one is denying that we are all doing it tough. Commercial tenants have been put through the wringer with mandatory enforced business

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Free Initial Consultation with a New York Lawyer

Hayes & Simon, an international law firm, is offering a free initial consultation with an attorney in New York. Your legal consultation may be schedule at: Schedule a Call. The call shall be with, in most cases, New York Lawyer Sean Hayes. Hayes & Simon, P.C. Hayes & Simon professionals are internationally

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Winding Up Your New York Business: Essential Steps to Business Closure in New York

If you are looking to close your New York business, these are some of the many essential steps you should take.  In most cases you shall require a New York Bankruptcy lawyers to assist in the windup process: Vote to Close the New York Business No matter what form your

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Federal Government Considering New Debt Collection Rules

For the first time in nearly 40 years, the Consumer Financial Protection Bureau is proposing new rules that govern debt collection in an effort to clamp down on alleged abusive collectors. Debt collection is a multi-billion dollar industry. According to the Urban Institute, one in three American adults have a

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Collecting an Unpaid Debt in New York

New York debt collection requires street smart, a proactive game plan and the assistance, often, a debt collection lawyer in New York.  The following is the NY basic debt collection legal jargon that you should know. A creditor is a person or entity to whom money is owed.  Normally, a

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