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Bankruptcy Law Changes

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Debtors operating sole proprietorships can encounter disadvantages in a chapter 7 New York business bankruptcy as compared to more common no-asset, low-income, non-business debtors in the same chapter. They both face chapter 7’s income thresholds, yet non-business debtors need not worry whether a trustee will put a stop to their https://nybankruptcy.net/main/2017/two-reasons-incorporate-business-bankruptcy/

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