The unfortunate reality is that many attorneys practicing bankruptcy law do not fully understand the laws regarding discharging tax debt. On several occasions in the past, clients have told me they had a consultation with another lawyer, and the lawyer said something...
Creative Solutions For Preventing And Resolving Legal Problems
Bankruptcy
Are “Termination On Bankruptcy” Clauses Enforceable?
If you read an operating agreement for a closely held business, it is common to find "termination on bankruptcy" language. Essentially, these contract clauses provide that a person's interest in the business is dissolved upon filing bankruptcy. These contract...
Understanding Foreclosure Deficiency
When a person loses their home in foreclosure, they are often surprised to find that they still owe money to the mortgage company even after the bank has taken the house. This is called the foreclosure deficiency. After foreclosure, most people will still owe a...
Attorneys Can Help You Rebuild Your Credit
If you are trying to improve your credit score, you will find tons of resources available to help. There are books, classes, seminars, online articles, credit counseling, etc. There are local companies, charitable companies, national companies, non-profit companies,...