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Pennsylvania New Bankruptcy Law Lawyers

In Pennsylvania, we are providing services in the following Cities counties.

 

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Sale of land references: what has family law got to do with it

One of the more common matters heard by a district registrar is a reference made pursuant to s. 94 of the Court Order Enforcement Act, R.S.B.C. 1996, c. 78 (the "Act"), which provides: (1) If an order is made on an application under section 92, there must be included in the order a reference to a district registrar of the Supreme Court (a) to find what Lind is liable to be sold under the judgment, (b) to find what is the interest of the judgment debtor in the land and of his or her title to it, (c) to find

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Targeted in dozens of lawsuits, former Enron Corp. executives face possible multimillion-dollar judgments that could far exceed their net worth. But hold the tears. Even if they lose big on every front, the execs get to keep their mansions, luxury cars, retirement income, any salary they earn and lots of other stuff. Dating to its 1876 Constitution, Texas has provided unique protection for debtors, especially rich ones. The law has been left virtually untouched, which explains why the list of valuables debtors can keep includes a couple of donkeys and two firearms. The idea is to allow those who made

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Effective October 1, 2001, the way money judgments are enforced in Florida is undergoing a sweeping revision, affecting everything from the manner of perfecting a lien on personal property to the duration of judgment liens and priorities among judgment creditors. (1) The changes apply to all stages of the judgment collection process, from entry to expiration, and affect existing judgments and judgment liens as well. Despite the significant changes which the new system will cause to debtor-creditor law, transactional practice, and the perfection of judgment liens on personal property, it has received surprisingly little publicity. It is the intent of

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You win a big judgement, but the defendant has tucked his assets into an offshore account. Collecting will be a challenge. The accusations in the rape trial were sordid, even by Los Angeles standards. A woman we will call "Ms. X" said she met John Gordon Jones, an office supplies entrepreneur, at a nightclub in Hollywood. Ms. X, then 25, said that Jones laced her drink with a date-rape drug, then took her back in his limo to his home north of Beverly Hills. She awoke to find herself being sexually attacked, first by another woman and then by Jones. In

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Just over two years ago, President George W. Bush signed the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) of 2005, which became effective Oct. 17, 2005. If you are getting divorced, this new bankruptcy law could concern you. Reason: While you may not realize it, in this country, our high divorce rate and bankruptcy commonly intersect. Here’s how. Until the enactment of the BAPCPA, the bankruptcy process was seen by some, and used by many, as a tool to permanently evade (or, to use bankruptcy terminology, “discharge”) family obligations foisted upon them by agreement or court order after a

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• Less than a month after Argentina won some relief from the International Monetary Fund on repayment of nearly $7 billion in debt, doubts are intensifying over how the country, stuck in a five-year economic slump, will be able to satisfy even the modest conditions imposed by the fund for that reprieve. Major elements of the interim agreement, announced Jan. 17, must be ratified by the Argentine Congress by the end of March. But the lame-duck government of President Eduardo Duhalde has said the most difficult policy changes required by the agreement will have to be deferred until after the presidential election scheduled for April 27. Even if Argentina can honor terms of the interim agreement, a definitive, long-term accord that would reopen credit lines remains elusive. Under the interim agreement reached after a year of negotiations, the fund agreed to roll over, or reschedule, about $6.8 billion in Argentine debt that is due through August. That accord also enabled Argentina to roll over a further $4.4 billion owed to other international creditors. But the economy minister, Roberto Lavagna, who negotiated with the fund, said last week that he worried that the fund’s officials would pressure whomever wins the election for painfully stringent actions that Argentina fears would make economic conditions worse. Those actions include imposing sharply higher utility rates, creating bigger budget surpluses and severely restricting the amount of money in circulation. ”They shouldn’t pressure the next government,” Mr. Lavagna said. ”I don’t want surprises.” Despite the lack of an accord with the fund through last year, Argentina was able to avoid the hyperinflation widely predicted after its currency collapsed in January 2002, and industrial output and other economic indicators eventually began improving. With the economy still extremely weak, though, many business groups and economists here fear that the fund’s demands for more austerity will destroy that recovery. ”It is clear that the country is going to have to make an enormous effort to meet these fiscal and monetary goals,” said Hector Valle, a pro-government economist here. Among the proposals pending in Congress are bills to end tax breaks granted to exporters and transport companies. Those tax breaks had helped slow the decline in the Argentine economy, which shrunk by more than 10 percent last year. Even before legislators begin debating the proposals, Mr. Duhalde’s government appears to have clashed with the monetary fund over the issue of utility rates. The government has announced electricity and gas price increases of about nine percent and said that similar rises in telephone and water rates are on the way. ”Rates have to go up, but in a gradual form,” Mr. Duhalde said last month. Government officials say the monetary fund, in contrast, has been calling for rate increases of up to 50 percent, echoing the position of utility companies, which passed to foreign ownership after they were privatized in the 1990’s. In addition, the Peronist Party, which Mr. Duhalde nominally leads, is deeply divided and plans to offer three candidates in the April election. While one candidate, the former president, Carlos Menem, appears to favor the program the fund has urged on Argentina, two other more popular Peronist candidates have hinted they would renationalize the railway system and petroleum and mining resources. The January accord also calls for Argentina to guarantee a primary surplus — a budget surplus with interest payments excluded — equal to 2.5 percent of economic production. Though that goal has been criticized as too permissive by conservatives, it has been criticized by many here as both unrealistic and harsh.
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