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Georgia Bankruptcy Law Network
The Automatic Stay – What is it and How Does it Work?
By Scott Riddle
The "Automatic Stay" in a Bankruptcy case is the law that stops creditors (and other parties) from trying to collect debts from a debtor, trying to get the debtor's property…
Georgia Bankruptcy Law Network
What Is The Bankruptcy Means Test?
By Scott Riddle
The Bankruptcy "Means Test" is a form that must be completed by most individuals filing for Bankruptcy. The Test is used in determining whether an individual or couple qualify for…
In Solvency
Non-Debtors Are Not The Correct Party To Bring Preference Actions
By Fox Rothschild LLP, Fox Rothschild LLP
Summary In a 14 page decision signed September 30, 2013, Judge Walsh of the Delaware Bankruptcy Court provided a primer on one of the limitations of standing provided in the…
Lending Law Report
Jumping Across the Pond: Syndicating European Borrower Debt in U.S. Markets (Part 3 of 3)
Restructuring Differences in the U.S. and European Financial Markets This post was written by Lee Ann Dillon, Abbey Mansfield, Phil Slater and Ben Wulwik. Recent uncertainty in the European financial…
Georgia Bankruptcy Law Network
What Are The Different Chapters Of Bankruptcy?
By Scott Riddle
There are several types of Bankruptcy available for individuals, businesses and even governmental entities facing financial problems. Each type is identified by a Chapter number, based on its chapter in…
Delaware Bankruptcy Update
Graceway Pharmaceuticals Trustee Files Preference Complaints
On September 13th, the Liquidating Trustee (the “Trustee”) in the Graceway Pharmaceuticals (“Graceway”) bankruptcy filed preference complaints against approximately 25 different defendants. The Trustee is seeking to avoid and recover…
Texas Bankruptcy Blog
Three Reasons to Consider Bankruptcy in Early Fall
By Bryan Fears
It is always a good time to consider solving your financial problems, but the fall season is an especially good time to seek professional help. Below are three reasons to…
Texas Bankruptcy Blog
The Automatic Stay
By Bryan Fears
The automatic stay is the shield that protects a debtor while in bankruptcy. This means that when a debtor files for bankruptcy, a creditor is prevented from taking any action…
Texas Bankruptcy Blog
Lien Stripping Home Loans in Texas Bankruptcy Cases
By Bryan Fears
Lien stripping is the process that can transform 2nd liens on homes into mere unsecured debt. Most people understand that as long as a lender has a lien on your…
New Jersey Law Blog
Bankruptcy Considerations for Community Associations
The very first thing an association should do is stop all collection efforts. This means no more notices to the debtor.