joanna m kornafel: New Haven, CT: Is Filing Bankruptcy Right for Your Small Business?
- 05/27/22 10:10 AM
I am a business bankruptcy and insolvency attorney who routinely represents businesses in a variety of bankruptcy matters. When a corporate client calls me, it is usually because something has gone wrong – maybe they couldn’t pay their rent due to a reduction in monthly sales, so the landlord is ready to kick them out of their prime location, or the recent global supply chain issues are affecting their ability to manufacture their product as forecast, causing a huge reduction in operating cash flow. If this is a smaller business, filing for bankruptcy and reorganizing its debt under Chapter 11 may be … (0 comments)
joanna m kornafel: Seven Green & Sklarz Attorneys Names to 2021 Super lawyers
- 11/12/21 11:28 AM
Super Lawyers is a rating service of lawyers from more than 70 practice areas who have attained a high-degree of peer recognition and professional achievement. The selection process includes independent research, peer nominations and peer evaluations. Each candidate is evaluated on 12 indicators of peer recognition and professional achievement. Selections are made on an annual, state-by-state basis. Seven of our lawyers were recognized as either Super Lawyers or Rising Stars this year. Kellianne Baranowsky- Super Lawyer, Business Litigation, 2021 Eric Green- Super Lawyer, Tax, 2021 Lawrence Grossman- Super Lawyer, Business Litigation, 2021 Joanna Kornafel – Rising Star 2021 James McClure- Rising Star 2021 Kenneth Rosenthal- … (0 comments)
joanna m kornafel: New Haven, CT: Offers-in-Compromise vs Bankruptcy to Resolve Tax Debt
- 05/31/20 03:13 AM
Join us this Thursday June 4th for a free two hour program on IRS Offers-in-Compromise vs. Bankruptcy, and when you and your clients should choose one resolution alternative over the other. Joining me will be Amanda Evans, EA and Joanna Kornafel, Esq. and we will walk through the IRS OIffer-in-Compromise program and the mechanics of bankruptcy, and what factors does a client need to have to select one over the other. There are two credits available for CPAs and Enrolled Agents, and the program is free. CHeck it out and register for the program here: https://gs-lawfirm.com/program-20200604-resolving-tax-issues/ We look forward to seeing you all on Thursday! Eric Green, Esq. Green & … (0 comments)
joanna m kornafel: U.S. Treasury Can't Exercise Right of Offset After Bankruptcy is Filed
- 04/13/19 04:18 AM
We represent business owners and individuals in bankruptcy and commercial litigation frequently. On March 31, 2019, in Wood v. Dept. of Housing & Urban Development (In re Wood), 18-5006 (Bankr. S.D. W.Va. Mar. 31, 2019), the court addressed the issue concerning whether a debtor’s tax overpayment was protected by the automatic stay and was an asset that the debtor could exempt. The U.S. Treasury had offset a deficiency owed to the Department of Housing and Urban Development, or “HUD”, with a federal tax overpayment after a bankruptcy was filed. Typically, if one department of the federal government is a creditor of … (5 comments)
I am a business bankruptcy and insolvency attorney who routinely represents businesses in a variety of bankruptcy matters. When a corporate client calls me, it is usually because something has gone wrong – maybe they couldn’t pay their rent due to a reduction in monthly sales, so the landlord is ready to kick them out of their prime location, or the recent global supply chain issues are affecting their ability to manufacture their product as forecast, causing a huge reduction in operating cash flow. 
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