Author Archives: Site Administrator
The Case to Watch as the Year Closes
As we close out another year of serving our clients and delivering optimal results, we wanted to take a moment to wish all of you the happiest of holidays. Before we kick off our own celebrations, we are as always sharing with you the latest in bankruptcy news. With the end of any year… Read More »
New Program Benefits Delinquent Borrowers
The cessation of the Home Affordable Mortgage Program (HAMP) had been a concern for borrowers and creditors alike going into the new year, but a new option was recently introduced to help struggling borrowers avoid foreclosure. Fannie Mae and Freddie Mac have presented a new loss mitigation program called Flex Modification. A West Palm… Read More »
Deciding a Business Structure
The decision to start a business is one that opens the door for a host of other decisions a budding business owner must make, the first of which is what legal structure to chose. Each business structure presents unique benefits and costs, and someone who has not owned a business before will likely not… Read More »
How to Handle a Forced Bankruptcy
Typically, filing for bankruptcy is a decision a business owner makes after a great deal of deliberation. However, this decision is not always the owner’s to make. If a business falls behind on payments to a creditor, but still holds assets that could be utilized to pay said debts — the lender can actually… Read More »
The Basics of Commercial Leases
A commercial lease is a far greater commitment than the everyday residential lease. In fact, this legally-binding document can often make or break a business. For this reason, understanding the fundamentals of this contractual agreement is essential. To help business owners in this area, our team has outlined some key information that one should… Read More »
Navigating a Breach of Contract
Every business owner will undoubtedly encounter contracts, and where there are legal agreements, there is the chance that those contracts will be breached. However, what is unclear to many is what happens after this occurs. If it does, a West Palm Beach business attorney should be consulted to advise the business owner on the… Read More »
3 Questions to Ask Before Selling a Business
There are many possible reasons why a business owner would want to sell his/her business. Consulting with a skilled Florida business transaction attorney is essential for a business sale to go as smoothly as possible. However, before a business sale can happen, owners must consider multiple factors. Below are three different questions owners should ask… Read More »
5 Steps to Crafting a Solid Lease Agreement
A lease is an agreement between a property owner or landlord and a tenant that is contractually binding. The tenant, or lessee, agrees to pay the landlord, or lessor, for use of a residential or commercial property for an established amount of time. A West Palm Beach real estate attorney can help you draft a… Read More »
Eleventh Circuit Rules Surrender of Property Can Not Contest Foreclosure
In re Failla recently came before the Eleventh Circuit, posing the question of whether someone who surrenders his home in bankruptcy court can later oppose a foreclosure action. Upon the In re Failla’s recent conclusion, the Eleventh Circuit delivered a verdict to the contrary, citing the debtors’ relinquishing of rights to the property. In… Read More »
Understanding Florida's Bankruptcy Exemptions
Filing bankruptcy is supposed to give people burdened with debt a financial fresh start. This is impossible if those that file for bankruptcy are not able to support themselves after the case is finalized. That is where exemptions come in. Exempt assets are assets that someone who is filing for bankruptcy can keep. A West… Read More »
