Understanding Short Sales A short sale occurs when a borrower sells their property for less than the balance remaining...
Bankruptcy
Navigating Multiple Bankruptcies: What Creditors Should
Watch for in Repeat Filers When a debtor files for bankruptcy once, it often comes as a blow to the creditor’s...
The Intersection of State Court Litigation and Federal Bankruptcy Proceedings: What Creditors Need to Know
When a borrower files for bankruptcy, it instantly alters the legal playing field—not just in bankruptcy court but in...
Critical Mistakes Creditors Make During the 341 Meeting of Creditors (and How to Avoid Them)
The 341 Meeting of Creditors is a crucial milestone in any bankruptcy case, offering creditors a unique opportunity to...
The Creditor’s Guide to Analyzing Chapter 13 Plan Feasibility
When a borrower files for Chapter 13 bankruptcy, creditors often face significant uncertainties regarding debt...
Can Creditors Still Collect from Business Owners After a Corporate Bankruptcy?
Understanding Personal Guarantees and Piercing the Corporate Veil When a business files for bankruptcy, creditors...
When Should Creditors Seek a Receivership Instead of Bankruptcy?
When a debtor defaults on financial obligations, creditors must act decisively to recover their losses. Two primary...
Debtor-in-Possession Financing: What Creditors Should Know
How DIP Financing Impacts Existing Creditors in Business Bankruptcies When a business files for Chapter 11 bankruptcy,...
Revised Bankruptcy Dollar Amounts Effective April 2025: Implications for Creditors
The financial landscape of bankruptcy law is set for a significant shift in April 2025, with an increase in bankruptcy...
Legislative Efforts to Curb ‘Texas Two-Step’ Bankruptcies: What Creditors Should Know
The 'Texas Two-Step' bankruptcy has become a controversial strategy for corporations facing mass tort liabilities,...