Consumer Protection › Bankruptcy › Business Organization

Has the Pennsylvania Superior Court Created Chaos and Uncertainty for Existing and Already Completed Foreclosures?

The recently reported three (3) panel decision in Vukman v. Beneficial Consumer Discount Company brings into play the validity of using the Uniform Act 91 Notice that was adopted on June 5, 1999 by the Pennsylvania Housing...more

MF Global - U.S. Update as of November 7, 2011

SIPC Trustee Takes First Steps to Thaw Frozen Customer Securities Accounts On November 4, 2011, the SIPC Trustee took his first steps toward transferring frozen customer securities accounts held by MF Global Inc....more

Can they seize our bank accounts for husband's business debt?

My husband has a credit card judgment against him for business debt. Can they seize our bank accounts? If your husband personally guaranteed the business debt (which is very common), that creditor can sue your husband...more

How to obtain a Chapter 7 Discharge? Be Honest with the Trustee!

When clients hire the Law Office of Raymond A. Kenney, PLLC to assist them in the preparation of a Chapter 7 bankruptcy case their preeminent goal is to obtain a discharge of their debts as quickly as possible. This is an...more

Flopping or a Valid Increase in Market Value?

Real Estate Investors are frequently criticized by Agents and Brokers because investors seemingly make huge profits in one day by purchasing a house for a low price and selling it for much more money. Investors flip houses on...more

Securitization and Loan Modification

Securitization Trusts & Loan Modifications At Odds Filed under: Bankruptcy,Loan Modification A major factor complicating private, voluntary loan modification efforts is securitization. The vast majority, somewhere upwards...more

The Sole Proprietor & Bankruptcy: Arizona Bankruptcy Attorney

Some entrepreneurs who open a business do so without the added benefits of creating a limited liability company (LLC) or corporation. While this is not a post on business entities and the benefits of creating them,...more

Small Business & Bankruptcy: Arizona Bankruptcy Attorney

Many dream of the day when they can start their own business. Unfortunately for some once the dream finally happens it ends all too soon. I am seeing many businesses that were quite successful for a number of years who have...more

Defense to Credit Card Collection Lawsuits And Account Actions Under Ohio Law

Defense to Credit Card Collection Lawsuits And Account Actions Under Ohio Law...more

Dodd-Frank Act Creates Significant Changes in Bankruptcy Law Affecting Derivatives and Other Trading Counterparties

After months of negotiations and conferences among key legislators, President Obama signed into law a final version of regulatory reform legislation on July 21, 2010. More than 2,000 pages long, the “Dodd-Frank Wall Street...more

6 Misconceptions About Compromising Tax Debts

This article addresses the 6 Misconceptions About Compromising Tax Debts....more

9 Key Steps to Take Before Hiring a Lawyer

This article addresses the 9 Key Steps to Take Before Hiring a Lawyer....more

6 Misconceptions About Compromising Tax Debts

This article addresses the 6 Misconceptions About Compromising Tax Debts....more

Business Owner's Indespensible Guide to Choice of Entity

This article is an indespensible guide to business owners on selecting the appropriate business entity for their particular situation....more

Postponement of Collection Activity towards Co-Signer

The “co-debtor stay“ (or “co-signer stay”) arises when one of the debtors files for bankruptcy under chapter 13. It stops the creditor from any collection activity towards the co-debtor and continues until the bankruptcy is...more

Advantages of Bankruptcy When Closing a Business

When closing a small business, there are advantages to using Bankruptcy as a means to winding up your small business. ...more

Tax Consequences of Restructuring Bad Debt

Nearly every financial transaction has tax consequences. ...more

Staying in Business While Filing For Chapter 7 Bankruptcy – Part II

In Part 2 of a 2-part series, California bankruptcy attorney Carl H. Starrett II discussing how owners of a corporation might be able file personal bankruptcy and form a new corporation in order to stay in business....more

In re: General Motors Corporation

Debtor's Voluntary Petition for Protection of Chapter 11

General Motors filed for Chapter 11 bankruptcy, listing $82.29 billion in assets and $172.81 billion in debt. It is the fourth largest bankruptcy in U.S. history....more

Bankruptcy and Professional Licenses

California bankruptcy attorney Carl H. Starrett II discusses the impact that bankruptcy can have on a debtor's professional license....more

Circuit City Bankruptcy Could Cause Problems for Bargain Hunters

Shoppers may be able to find bargains at Circuit City, but there are risks involved. Learn how to protect your from making a risky purchase....more