Jul 29, 2016 | Blog, Business Debt, Debt Collection, Declaring Bankruptcy, Financial Problems, General Bankruptcy
Men are from Mars. Women are from Venus. But both men and women generally feel bad about carrying debt and not being able to pay it. Most of us are brought up to pay our debts. Our religious or moral code may reinforce this. Above all, people feel embarrassed if...
Jul 29, 2016 | Blog, Children & Heirs, General Bankruptcy
We get this question all the time, and advise our clients that gifts or transfers of assets to friends or relatives during bankruptcy may be the worst thing they could do. Both you and the recipient might lose the asset and you might lose your right to a bankruptcy...
Jul 22, 2016 | Blog, Foreclosure, Mortgages & Foreclosures
Most, if not all states, provide homeowners with a timeframe within which to cure their default. And of course, appearing in the foreclosure suit will result in additional time prior to the entry of judgment. Depending upon the facts, such as whether or not the...
Jul 15, 2016 | Chapter 12 Bankruptcy, Farm & Industrial, Financial Problems
“Can I sell my equipment and use the proceeds to stay in business?” is a fairly common question we receive from business owners. Similar questions come from farmers asking about the sale of livestock or feed. The answer requires an analysis of the...
Jul 8, 2016 | Blog, Consumer Law Issues
This may be a slightly different angle, but in my experience, real estate pros are far below average when it comes to retirement asset protection. In 2008-2012, I was representing real estate pros who had net worth on paper of $10M, $20M, even $100+M shortly prior to...