Tuesday, March 9th, 2010

Bankruptcy Trustee Basics

October 31, 2009 by Richard Mitchell  
Filed under Bankruptcy, Recent News

In addition to my private practice, I serve as a Chapter 7 Trustee for the United States Bankruptcy Court for the Western District of North Carolina.  Few people know what this means and how this service helps my private practice clients, so here’s a primer.
What’s a bankruptcy trustee?
Chapter 7 Trustees (also known as panel trustees) [...]

Asset Protection Basics

Many people want to come in and talk about asset protection are surprised to learn that they have no assets to protect. “How can this be? “I own a car and a house!”
Asset protection comes in to play if you own non-exempt property — property that creditors can reach; or if you anticipate that you [...]