MarcTow

WHAT IF I GET SUED?

No matter how sophisticated a Client, there is always a sense of concern and fear upon learning that litigation has been filed against them. Knowledge of a lawsuit comes when a Summons and Complaint is served. Irrespective of size, odds are that every bus... Read >

When is it time to consult a business attorney?

One of the questions potential clients frequently ask of me is: "When should I consult an attorney?" The answer to this question is really simple: a business owner should consult an attorney early on and should find an attorney whom he can speak with when... Read >

How credit card debt settlement works – An example

How credit card debt settlement works - An example Let's say John owes a total debt of $100,000 on 5 credit cards. He is finding it difficult to keep up with the minimum payments. John doesn't want to file bankruptcy as he does not want to involve the ... Read >

Buying Real Estate through Bankruptcy Strategy....

There's a small, quiet world of real estate in bankruptcy that doesn't capture the attention of the average investor. Purchasing property from a bankrupt estate can be a road to long-term gain. The process takes firm resolve and a large measure of patienc... Read >

Alternatives to Bankruptcy for Business

Sometimes when a business is irreparably insolvent, the only option is to file for Chapter 7 or Chapter 11 bankruptcy to free a business or individual from overwhelming liabilities. At Robinson, Diamant & Wolkowitz, we take the time to investigate a busin... Read >

Asignment for the Benifit of Creditors ABC

Companies in financial trouble are often forced to liquidate their assets to pay creditors. While a Chapter 11 bankruptcy sometimes makes the most sense, other times a Chapter 7 bankruptcy is required, and in still other situations a corporate dissolution... Read >

Chapter 11 Reorganizations

INTRODUCTION Most people assume that bankruptcy means liquidating all of a debtor's nonexempt assets and distributing the proceeds among his creditors. However, the bankruptcy laws also provide for rehabilitating the debtor. Chapter 11 allows a debtor ... Read >

4 Options for Business Bankruptcy

4 Options for Business Bankruptcy When a business prepares to file for bankruptcy, it needs to decide which specific chapter of the law to file under â€" Chapter 7, Chapter 11, or even in some cases Chapter 12 or 13. Businesses considering bankruptcy s... Read >

Foreclosure Plan Is Off to a Bumpy Start

Foreclosed on? Just because you may have lost one home doesn't mean you'll never be able to buy another. But first, you need to engage in some credit score Repair. "A foreclosure will cause a credit score to drop sharply, typically by 200 to 300 points... Read >

Foreclosure Plan Is Off to a Bumpy Start

A report card released Tuesday by the Treasury Department showed wide variations in how quickly mortgage companies are helping financially troubled borrowers under the Obama administration's foreclosure-prevention plan. So far, more than 400,000 borrow... Read >

What Happens to my Credit after Bankruptcy?...

Personal bankruptcy is commenced by an individual filing Chapter 7, 11, 12 or 13. The most common is Chapter 7. The debtor is allowed to exempt certain property from liquidation by the trustee. The list of exempt property includes homesteads, household fu... Read >

What Happens to my Credit after Bankruptcy?...

I am often asked how a credit report will it look after filing Chapter 7 Bankruptcy. The answer in most cases is â€" not as good as it did before bankruptcy. But that isn't necessarily a reason not to file. And in some cases, filing for bankruptcy may act... Read >

Mortgage Modification Fraud Sweep...

LOS ANGELES | Prosecutors nationwide have filed 189 legal actions against loan modification consultants accused of bilking homeowners desperate to make their mortgage payments more affordable. The lawsuits and cease-and-desist orders announced Wednesda... Read >

Business Turn Around, Chapter 7 Bankruptcy

What is chapter seven bankruptcy going to do for me? What if the enterprise won't negotiate or will only offer to settle for more than your maximum. With this strategy, you create any debts that have your pledge a priority payment at the expense of other ... Read >

Business Bankruptcy...

Chapter 11 bankruptcy lawyer is highly demanded recently by many people. Mainly, the reason is because many business owners don't well versed about the business laws of bankruptcy. In filing a petition declaring bankruptcy, you must provide disclosure sta... Read >