October 2012 - Jeffrey M. Rosenblum, P.C.

HMX Group filed for Chapter 11 a second time

October 31, 2012
On Behalf of Jeffrey M. Rosenblum, P.C.
Chapter 11

Despite their differences, both President Barack Obama and his opponent, Mitt Romney, enjoy wearing Hart Shaffner Marx suits, a brand owned by suit company HMX Group. Unfortunately, HMX Group has found itself in financial trouble, having to file for Chapter 11 bankruptcy…

Short Sale vs. Bankruptcy filing

October 30, 2012
On Behalf of Jeffrey M. Rosenblum, P.C.
Firm News

Some lenders today will require that you at least try for a short sale before they will consider a Deed In Lieu Of Foreclosure. Some people are in favor of doing a short sale because – It’s not a foreclosure.…

Long Island foreclosure relief scams prompt warnings

October 24, 2012
On Behalf of Jeffrey M. Rosenblum, P.C.
Foreclosure

Three organizations have issued a warning to Long Island homeowners regarding con artists who falsely promise to stop home foreclosure. According to the U.S. Department of Housing and Urban Development, the New York State Attorney General’s office, and Long Island Housing…

American Airlines cites problems, improvements after Chapter 11

October 19, 2012
On Behalf of Jeffrey M. Rosenblum, P.C.
Chapter 11

When a large corporation struggles through bankruptcy, it can often affect many areas of the business, including customer service and productivity. A Chapter 11 bankruptcy filing is often one of the more complicated forms of bankruptcy because it involves the…

Roaming office brings legal advice to New York residents

October 11, 2012
On Behalf of Jeffrey M. Rosenblum, P.C.
Foreclosure

The effects of the 2008 financial collapse are still being felt four years later as many homeowners struggle to stop home foreclosure. As many people know, New York, and especially Long Island, has been hit hard by the foreclosure crisis. Although…

Bankruptcy of firm partly responsible for the film “Titanic” leads to asset sale

October 5, 2012
On Behalf of Jeffrey M. Rosenblum, P.C.
Chapter 11

A business bankruptcy, whether it’s a reorganization that keeps the firm in business or a business’s liquidation, often involves the sale of assets belonging to that company. The bankruptcy of James Cameron’s Digital Domain Productions included the sale of assets…