Posted on by Bob Bernstein
Robert S. Bernstein, Esquire Bernstein-Burkley, P.C. Creditworthy News The Bankruptcy Code provides Creditors with a defense to a bankruptcy trustee’s preference action for transfers which constitute the fixing of a …
Posted on by Bob Bernstein
Robert S. Bernstein, Esquire Bernstein-Burkley, P.C. Creditworthy News A Creditor holding a security interest in a bankruptcy debtor’s inventory or receivables may be able to avail itself to the defense …
Posted on by Bob Bernstein
Robert S. Bernstein, Esquire Bernstein-Burkley, P.C. Creditworthy News Another statutory defense available to creditors subject to a bankruptcy trustee’s preference action relates to transfers for subsequent new value. Bankruptcy Code …
Posted on by Bob Bernstein
Robert S. Bernstein, Esquire Bernstein-Burkley, P.C. Creditworthy News The third statutory defense to a bankruptcy trustee’s preference action protects lenders who receive a purchase money security interest from a bankruptcy …
Posted on by Bob Bernstein
Robert S. Bernstein, Esquire Bernstein-Burkley, P.C. Creditworthy News The second principal defense which a creditor can raise to a bankruptcy trustee’s preference action is known as the ordinary course of …
Posted on by Bob Bernstein
Robert S. Bernstein, Esquire Bernstein-Burkley, P.C. Creditworthy News Previously we addressed the burden of proof placed upon a bankruptcy trustee in order to avoid a preference payment or transfer made …
Posted on by Bernstein-Burkley
When your debtor won’t pay or breaks a deal, you want action fast. Here are the ways you can get that fast action with the Creditors’ Rights Practice at Bernstein-Burkley, …
Posted on by Bernstein-Burkley
The creditors’ rights lawyers will generally agree to a contingent collection fee (often paid by the agency). In addition to the contingent fee negotiated by the agency, attorney’s suit fees …
Posted on by Bernstein-Burkley
The ability to just walk away after turning a debt over to attorneys for legal collection depends on a few things. Legally, it depends whether the debtor has responded to …
Posted on by Bernstein-Burkley
It may not be obvious, but the best time to settle debt litigation is before it starts! But if that isn’t possible and litigation is the next step in turning …
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