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Do I Want the Value of My Home to Be Low?

Do I Want the Value of My Home to Be Low?

This is a question we often get from clients. We explain to them that bankruptcy is an intensive information gathering exercise and that it is really all about disclosure on their parts. Bankruptcy provides a fresh start, but to get that fresh start the debtor must...

Great news for struggling businesses

The COVID-19 Bankruptcy Relief Extension Act of 2021 was signed this week.  This law extends the $7,500,000 debt cap for businesses under the Small Business Reorganization Act of 2019 (SBRA).  The extension will last for one additional year, to March 27, 2022. The Act...

Pi(e) Day and Bankruptcy

March 14, coined “Pi Day” since physicist Larry Shaw started the day back in 1988 to celebrate the famous number (and recognized officially since 2009 when the US House of Representatives passed a resolution honoring the day), is often celebrated in the U.S. not by...

COVID Spurs Business Interruption Insurance Claims

The pandemic and its related shutdown orders have cost businesses trillions of dollars. They have also sent business owners scurrying to review their insurance policies. Many are not making business interruption insurance claims. Photo by Anna Shvets from Pexels...

Settlement Proposals can be Tricky

A Plaintiff sued a collector under the Fair Debt Collection Practices Act for sending him a letter in an effort to collect a debt he claimed he did not owe. The envelope containing the letter revealed a bar code which contained some of the Plaintiff’s personal...

Accidents are not intentional.

They are unintentional mishaps, usually occurring because of negligence. Negligence claims, such as personal injury suits, can be won if the injured party can prove that the driver who cause the accident, called the tortfeasor, had a duty and breached that duty, which...