Improve Chances of Payment from a Risky Customer
By Nicholas D. Krawec, Esquire Bernstein-Burkley, P.C. While granting credit to customers is a necessity for doing business, it is always a risk. You, as a small business owner, must …
Publications
Bridging the Abyss: Reorganization Without Bankruptcy
Posted on by Bob Bernstein
by Robert S. Bernstein, Esquire Bernstein-Burkley, P.C. The first step in determining whether or not a business can reorganize without formally filing for protection under Chapter 11 is to conduct …
Background Information for Chapter 11 Committees of Unsecured Creditors
Posted on by Bob Bernstein
INTRODUCTION This booklet was written for the purpose of providing credit managers and other persons who serve on creditors’ committees with general information on the Chapter 11 process and on …
Pre-Bankruptcy Lease Termination: Overlooked Benefit?
Posted on by Bob Bernstein
by Robert S. Bernstein, Esquire Bernstein-Burkley, P.C. reprinted from The Monitor Terminating a personal property lease is often overlooked as an option in the early stages of the collection process. …
Landlord Recourse in Residential Tenant Bankruptcy
Posted on by Bob Bernstein
by Robert S. Bernstein, Esquire Bernstein-Burkley, P.C. Landlords can avoid frustration and pursue several forms of recourse under the bankruptcy code when faced with a Residential Tenant Bankruptcy. Personal bankruptcy …
A Primer on Preferential Actions in Bankruptcy
Posted on by Bob Bernstein
Robert S. Bernstein, Esquire Bernstein-Burkley, P.C. Creditworthy News THE DOUBLE WHAMMY PROVE IT, MR. T JUST WHAT DO THEY MEAN? TRUSTEE’S BURDEN FOR PREFERENCE TRANSFERS FOR OR ON ACCOUNT OF …
A Short Series on Security Interests for Credit Managers
Posted on by Bob Bernstein
by Robert S. Bernstein, Esquire Bernstein-Burkley, P.C. Creditworthy News
A Short Series on Reclamation for Credit Managers, Part 1: RECLAMATION BASICS
Posted on by Bob Bernstein
Part 1: RECLAMATION BASICS Contributed by: Robert S. Bernstein, Esquire Bernstein-Burkley, P.C. After reading the answer to Anxious in Alaska about getting inventory back post-bankruptcy if the debtor agrees, a …
Executory Contracts and Unexpired Leases
Posted on by Bob Bernstein
Contributed by: Robert S. Bernstein, Esquire Bernstein-Burkley, P.C. In bankruptcy cases, it can be beneficial to have an “executory contract” when your customer files a chapter 11. An executory contract …
A Short Series on the Disappearing Debtor – Ownership Structure
Posted on by Bob Bernstein
Contributed by: Robert S. Bernstein, Esquire Bernstein-Burkley, P.C. What happens when a business debtor closes up shop one day only to appear the next day under a slightly different name …