June 25, 2019

Commercial Foreclosure: When Can Lenders Foreclose?

I was quoted in The Charlotte Observer in 2009 regarding a $515 million luxury condo, office and retail project in Cornelius, NC that wass being foreclosed upon. Many people are surprised to learn that the developers hadn't missed payments.  Then why the foreclosure?  Because the project wasn't hitting agreed-upon milestones -- the developers hadn't leased enough of the space. This is what is … [Read more...]

I don’t want to file, but should I?

Some people are not good candidates for bankruptcy, including: Those with too many non-exempt assets; for them, we develop asset planning & protection strategies Those who cannot afford to file bankruptcy Those with no income or who have so few non-exempt assets that they are essentially “judgment proof” Those with finances so complicated by trusts and tax shelters … [Read more...]