February 5, 2012

Bankruptcy 101: What Every Lawyer Needs to Know About Bankruptcy

Mecklenburg-County-Bar

In this economy, most attorneys -- no matter what their practice area -- have established relationships with clients who are now either in financial difficulty, or are affected by someone else's financial difficulties. Divorce attorneys, personal injury attorneys, real estate attorneys, employment law attorneys, and construction law attorneys are just a few of the types of lawyers who frequently … [Read more...]

Primer for Distressed Homeowners: Part 1 of 3

Succumb to foreclosure? Is there an alternative?

With the jobless recovery hitting the Charlotte region particularly hard, we're getting a steady stream of calls asking for help preventing home foreclosures, forced sales and sheriff's sales, and facilitating short sales.The general news press has gotten sloppy in the language it uses for distressed real estate, so let's start there:Forced sale is not used often, but when it is it would … [Read more...]

Bankruptcy Trustee Basics

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) are not government employees. Here in the Western District … [Read more...]