I was quoted in The Charlotte Observer regarding a $515 million luxury condo, office and retail project in Cornelius, NC that's being foreclosed on. Many people are surprised to learn that the developers hadn't missed payments. Then why the foreclosure? Because the project wasn't hitting agreed-upon milestones -- the developers hadn't leased enough of the space. I expect to see more of … [Read more...]
I don’t want to file, but should I?
August 4, 2009 By
Some people are not good candidates for bankruptcy, including: Those with too many non-exempt assets; for them, we develop asset planning & protection strategies Those who cannot afford to file bankruptcy Those with no income or who have so few non-exempt assets that they are essentially “judgment proof” Those with finances so complicated by trusts and tax shelters … [Read more...]
In Financial Distress?
June 25, 2009 By
We help clients facing these financial difficulties: Foreclosures, wage garnishments, creditor harassment and repossessions Creditor negotiation (including credit card companies) to lower debt and avoid bankruptcy Restructuring, liquidating and winding down troubled operations Negotiate unpaid taxes with local, state and federal agencies Asset planning and protection after a harmful … [Read more...]