Staying connected: Pros and Cons
Bernstein Law firm got its first computer in 1971. It was bigger than a refrigerator! We’ve all come a long way. It might be an old story, but I continue …
Posted on by Bob Bernstein
Bernstein Law firm got its first computer in 1971. It was bigger than a refrigerator! We’ve all come a long way. It might be an old story, but I continue …
Posted on by Bob Bernstein
As a creditor’s rights attorney, I often receive Answers to our Complaints filed Pro Se by Defendants. Sometimes these Answers are in the proper format and I assume that an …
Posted on by Bob Bernstein
Many of you are familiar with preferences actions and the defenses to those actions. You may not be aware of fraudulent transfer actions. With the increasing rise in bankruptcy cases …
Posted on by Bob Bernstein
Once a claim goes legal, there are many factors that come into play and directly impact a creditor’s ability to get paid. As a credit professional, you must be aware …
Posted on by Bob Bernstein
It is now common to see individuals file 2, 3, even 4 personal bankruptcies. As the economy continues to stagnate, we are beginning to see multiple filers more often. Creditors …
Posted on by Bob Bernstein
You do. Seems simple enough. However, you would be surprised at the number of creditors that are under the mistaken belief that the debtor will be on the hook for …
Posted on by Bob Bernstein
According to a recent article in the New York Times, individual and corporate bankruptcies are at a five-year high. As a creditor, here are three things to keep in mind …
Posted on by Bob Bernstein
Under Pennsylvania common law, “the primary difference between a surety and a guarantor is the time at which a creditor can collect from each. With regard to suretyship, the creditor …
Posted on by Bob Bernstein
Unfortunately, the Code does not require that the administrative claim be paid in full immediately after the Court allows the claim. Instead, the Code only sets the relative priority of …
Posted on by Bob Bernstein
Since clients ask about this all the time, I thought it would be a good time to give a quick refresher on 20-day claims and briefly discuss how …
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