Firm News
Is Subchapter V Bankruptcy a Good Option for Your Small Business?
There has been quite a bit of "buzz" recently among financial professionals for small businesses about a new "subchapter V" in the bankruptcy law. It has been touted as a less costly and more streamlined method to reorganize business debts than under a conventional...
When the Tenant Becomes the Debtor
Almost every commercial or residential landlord that has done business for any length of time has received a least one notice that a tenant has filed a voluntary bankruptcy petition. What usually follows is a series of difficult choices for the landlord, animated by...
Dealing with the Borrower’s Bankruptcy
Bankruptcy filings are an unfortunate fact of life. As interest rates rise and as legislative measures enacted to provide debt relief during the Covid pandemic expire, observers agree that rates of bankruptcy filings by both individuals and businesses are once again...
Wills v Trusts
ADVANTAGES OF A WILL Avoids Distribution Under The Law Of Intestacy. Without a Will, assets will pass to relatives under the laws of intestate succession. These laws have been drafted to be "fair" in the average situation, but most people would like to choose who will...