What are the 2025 Chapter 13 Bankruptcy Debt Limits?
The Bankruptcy Code sets specific limits on the amount of debt that a person can reorganize in a Chapter 13 bankruptcy. There are separate limits for both secured debts and unsecured debts. These debt limits are calculated per each debtor where a married couple files a joint chapter 13 bankruptcy case. These “debt limits” [...]
What is a Merchant Cash Advance (MCA)?
A merchant cash advance (MCA) is not a traditional business loan. MCA companies offer struggling businesses a lump sum of cash in exchange for the business' accounts receivables, meaning its cash flow. MCA companies will take a daily percentage of the business' revenue and/or its credit card sales directly from its bank account and/or merchant [...]
Joseph Shapiro to Co-Present “The Essential Attorneys’ Guide to Bankruptcy and Restructuring” Continuing Legal Education Course
On Thursday, May 30, 2024, Joseph Shapiro will co-present the continuing legal education presentation (CLE) entitled "The Essential Attorneys’ Guide to Bankruptcy and Restructuring" at the New Jersey Law Center in New Brunswick. The CLE is “[t]he comprehensive and easy-to-understand bankruptcy and restructuring seminar that attorneys have wished for. This innovative seminar is packed with [...]
Melinda Middlebrooks to Speak on Bankruptcy Law at the NJSBA 2024 Annual Meeting and Convention in Atlantic City
On Thursday, May 16, 2024, our Firm’s Managing Partner, Melinda Middlebrooks will co-present the continuing legal education presentation (CLE) entitled "Dead Shopping Centers and How to Revive Them" at the New Jersey State Bar Association’s (NJSBA) 2024 Annual Meeting and Convention in Atlantic City. The CLE will provide an overview of shopping centers that are [...]
Joseph Shapiro to Speak at the Annual NJSBA Cannabis and Psychedelics Law Symposium
On Tuesday, April 30, 2024, Joseph Shapiro will co-present on the topic of psychedelic law at the New Jersey State Bar Association (NJSBA) Cannabis and Psychedelics Law Special Committee 's annual Symposium, "The 6th Annual Cannabis and Psychedelics Law Symposium – the Latest in Cannabis and Psychedelics Law." This continuing legal education (CLE) program will [...]
Merchant Cash Advances (MCAs) and New Jersey Chapter 11 Bankruptcy
At our Firm, we increasingly handle Chapter 11 bankruptcy reorganizations for businesses and individuals arising from Merchant Cash Advances (MCAs). While MCAs are advertised and sold as convenient solutions for a business' immediate cash flow needs, they frequently cause businesses and their owners distress. In short, while MCAs are often legally valid and enforceable, to [...]
Melinda Middlebrooks to Speak at the New Jersey State Bar Association Annual Meeting in Paris, France – November 6, 2023
Melinda Middlebrooks, Esq., Managing Partner of Middlebrooks Shapiro, PC and Chair Emeritus for the New Jersey State Bar Association Bankruptcy Law Section and Member of the New Jersey State Bar Association Legislative Committee is serving as a Moderator/Speaker for the featured Panel "Renaissance - Redevelopment + Rebirth of Dead Shopping Centers. Renaissance – Redevelopment + [...]
Melinda Middlebrooks to Speak at the NJSBA 2023 Annual Meeting and Convention
On Thursday, May 18, 2023, our Firm’s Managing Partner, Melinda Middlebrooks will moderate and co-present the continuing legal education presentation (CLE) entitled Sale of Distressed Businesses and Things That Keep You Up At Night at the New Jersey State Bar Association’s (NJSBA) 2023 Annual Meeting and Convention in Atlantic City. Melinda is the Chair of [...]
Joseph Shapiro to Speak at the NJSBA 2023 Annual Meeting and Convention
On Thursday, May 18, 2023, Joseph Shapiro will co-present the continuing legal education presentation (CLE) entitled Psychedelics: Law, Legislation, and Litigation in 2023 at the New Jersey State Bar Association’s (NJSBA) 2023 Annual Meeting and Convention in Atlantic City. The CLE will include an appearance by New Jersey Assemblyman Herb Conaway, Jr. Joseph is the [...]