Author Archives: Site Administrator
Signs It May Be Time to File Bankruptcy
When debt is bearing down, some are hesitant to consider bankruptcy as an option, likely because of the stigma which has been unfairly associated with filing. However, the fact remains that bankruptcy is sometimes the necessary route for paving the way to a strong financial future. Keeping this in mind, debtors should be aware… Read More »
HAMP’s Final Days Are Near
The Home Affordable Modification Program (HAMP) is set to expire on December 31, 2016. Launched in 2009, the federal program gives qualifying homeowners who are struggling to keep up with mortgage payments the opportunity to seek more feasible repayment terms through loan modification. Who Qualifies? The HAMP modification program is restricted to homeowners whose… Read More »
Forecasting Contract Disputes
For many businesses, contract disputes are more a question of “when” than “if.” Most people have heard that it is important to read the fine print before signing any document, but unfortunately, the fine print is not always all encompassing. Protecting one’s business from a dispute lies in preparation and knowledge. An experienced West… Read More »
Spotting a Loan Modification Scam
If a mortgager can apply for a loan modification by himself, why would he enlist an attorney to do it for him? There are several reasons for which obtaining legal representation is advisable (such as protecting oneself from foreclosure while the application is under review). However, the prevalence of loan modification scams has made the… Read More »
The Benefits of a Chapter 11 Business Bankruptcy
Bankruptcy has garnered a rather negative reputation, for businesses and individual filers alike. However, the fact of the matter is that bankruptcy can serve as an excellent solution to financial troubles. In fact, a Chapter 11 bankruptcy can often be very positive for a company facing financial struggles. Increased Efficiency Chapter 11 bankruptcy gives… Read More »
A Guide to Starting a Business
Starting a business is a complicated, albeit exciting endeavor. It takes a lot more than having an idea and running with it to become successful. Though you may not be aware of it, a West Palm Beach business attorney will play an important role in your business’s formation. For that reason, our firm has put… Read More »
Loan Modifications on the Rise
HOPE NOW has released its report for the second quarter of 2016, and the organization’s findings document a significant rise in permanent loan modifications between April and June of this year. The Numbers There were 100,198 reported modifications during quarter 2, which represents a 16 percent hike from the first quarter’s results. Proprietary modifications accounted… Read More »
Student Loan Defaults Hit Historic Numbers
According to the latest findings, Americans are struggling with student loan debt now more than ever. And while some of them are finding an answer to said struggles in government programs that restructure payments, the number of borrowers seeking student loan defaults are at an all-time high. Conflicting Numbers What is peculiar about the recent… Read More »
The Role of Shareholders in Bankruptcy
It is not at all uncommon for a business to incur financial troubles over the course of its life. Sometimes, these troubles warrant a bankruptcy filing. Unlike with personal bankruptcy, the list of people affected when a company files bankruptcy typically goes far beyond just one individual. At minimum, this list will include the… Read More »
Florida In The Lead For Completed Foreclosures
Foreclosure rates may be down on a national level, but any West Palm Beach foreclosure defense lawyer will tell you that does not mean homeowners are safe from the threat of foreclosure. Florida continued to lead the U.S. for the highest amount of completed foreclosures this past June. The state alone accounted for 60,000… Read More »
