Bankruptcy and Exempt Property
What is Exempt Property? Exempt property is property that is protected by law from the claims of creditors. However, if exempt property has been pledged to secure a debt or is otherwise encumbered by a...
View ArticleQ&A: Allowing Seller to Remain in Home After Closing
Should a buyer allow a seller to remain in the home after the closing? Usually not a good idea. The parties enter into what is known as a “Holdover agreement” or “Post-closing possession agreement.” We...
View ArticleWhat amount can you settle my debt for?
Clients often ask: “What amount can you settle my debt for?” Our answer is almost always: “It depends on several factors.” These factors include: the creditor the type of debt the age of the debt how...
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