Zachary Bancroft

Zachary Bancroft

Baker Donelson

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New Amendments to Florida's Proceedings Supplementary Statute Offer Clarity and Guidance for Judgment Creditors

Chapter 56 of the Florida Statutes provides the framework for judgment creditors to collect amounts owed pursuant to money judgments. Within Chapter 56, Section 56.29 governs the process by which a judgment creditor may seek...more

4/20/2016 - Collection Action Discovery Fraudulent Transfers Judgment Creditors Third-Party Transfer of Assets UFTA

New Amendments to Florida’s Proceedings Supplementary Statute Provide Clarity and Guidance for Judgment Creditors

Chapter 56 of the Florida Statutes provides the framework for judgment creditors to collect on money judgments. Section 56.29 governs the process by which a judgment creditor may seek to recover property transferred to, or...more

4/18/2016 - Fraudulent Transfers Judgment Creditors New Amendments Third-Party Relationships UFTA

Claim Purchasing as a Strategy to Avoid a Cramdown

While there are many factors that can lead a business or individual to file a chapter 11 bankruptcy petition seeking to reorganize a business, often times, particularly in a single-asset real estate case, the primary impetus...more

8/19/2015 - Bad Faith Banks Chapter 11 Commercial Bankruptcy Cramdown Debt Restructuring Debtors Financial Institutions Interest Rates Lenders Property Tax

Florida Law on Assignment of Rents Provisions

A recent bankruptcy decision from a New Jersey Bankruptcy Court (In re Surma, 504 B.R. 770 (Bankr. D.N.J. 2014)) has once again drawn attention to the effect assignment of rents provisions in mortgages can have, depending on...more

5/6/2014 - Bankruptcy Code Consumer Bankruptcy Mortgages

Extraordinary Florida Foreclosure Remedies

When servicers or lenders think of having to foreclose on commercial property in the State of Florida, what immediately comes to mind is a lengthy judicial foreclosure process, and difficulty in enforcing rights provided in...more

9/26/2013 - Assignments Commercial Real Estate Market Foreclosure Mortgages Receivership

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