Bankruptcy and the Small Business Debtor5/16/2008 Several provisions of the Bankruptcy Code are designed to afford small business debtors an accelerated, more efficient, and less expensive mechanism for reorganizing their businesses by eliminating the requirement for the appointment of a creditors' committee...
(0 comments) Giving Bankruptcy Advice to Your Creditor Client5/16/2008 Every business that extends credit has had to deal with customers filing bankruptcy. If you receive a frantic call from a client who has just received notice that a customer who owes on an account has filed or is going to file bankruptcy, you’ll need...
(0 comments) Foreclosure and Homestead Exemptions5/7/2008 Many, but not all, states have homestead exemptions that protect the home in which a family lives from being sold to satisfy debts held by judgment creditors. Homestead exemptions do not protect the family from foreclosure by the mortgage holder or...
(0 comments) Bankruptcy Exemptions4/29/2008 Unless a bankruptcy case is dismissed, property that is exempt under 11 U.S.C.S. § 522 is not available for the payment of any debt during or after bankruptcy, except for tax liens, educational loans and grants obtained by fraud, and debts secured by...
(0 comments) Representing a Secured Creditor in Chapter 114/22/2008 § 15:5 Representing a Secured Creditor in Chapter 11
(1) See supra section 15:4.
(2) Determine whether creditor has interest in cash collateral. See chapters 5, 8, and 11 of this book. If so:
(a) Confirm that...
(0 comments) Subprime Fallout: A Ripple Effect?1/28/2008 Nearly every day, newspaper headlines announce new asset write-downs, bankruptcy filings, and lawsuits relating to the subprime debt market. If more and more subprime loans go into default, these problems are likely to continue and may worsen. The press also...
(0 comments) Could you repeat that, please?1/28/2008 Just starting out in the Bankruptcy field? A basic knowledge of the terms of art is key to impressing your client or managing partner with your ability to handle Bankruptcy matters competently. Read on for a quick primer!
Adversary...
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