Author Archives: Site Administrator
Understanding Arbitration
Arbitration is an approach to settling disputes in an effort to avoid going to court. An arbitration clause in a contract obligates both parties to resolve their disagreements through an arbitration. This proceeding is less formal than a courtroom hearing but requires more precision than mediation or negotiation. Our West Palm Beach arbitration attorneys… Read More »
5 Tips for Buying a Business
Whether you’re just beginning your search or have already selected the business you would like to purchase, the first step is to hire a lawyer. A company of any size will require a significant amount of paperwork to be done before the closing. The accounting books must be thoroughly reviewed and details of the… Read More »
What is a ‘Means Test’?
To qualify for Chapter 7 bankruptcy, an individual must pass a means test. This method uses a calculation to determine whether a filer can afford to repay a portion of the debt he or she owes to creditors. Our South Florida bankruptcy attorneys are clarifying the means test and how it applies to those… Read More »
Protecting Business Assets
For businesses, old and new, protecting assets is a priority. An experienced South Florida business attorney will provide counsel regarding the actions to ensure the company is safeguarded against potential issues. Proactive planning on the part of the owner will contribute to a long and prosperous future. Selecting a Business Entity An entity defines… Read More »
Mistakes to Avoid When Filing for Bankruptcy
A bankruptcy can help individuals struggling with their finances by discharging debts, preserving assets, and providing a fresh start. There are steps that can be taken to increase the likelihood of a smoother court process. Based on extensive experience, our West Palm Beach bankruptcy attorneys have detailed common mistakes to avoid when filing. Repaying… Read More »
Liquidation of Assets in Chapter 7
For those facing significant amounts of debt, Chapter 7 bankruptcy is a solution that allows the individual to get a fresh start financially. Debts such as medical bills, utility bills, credit cards, and personal loans will be dismissed by the court in exchange for the liquidation of property, which will be used to repay… Read More »
Bankruptcy Myths
Misinformation about filing for bankruptcy bombards those struggling with their finances, leading to delays in getting help with unpaid debts. It is of great importance to have a clear understanding of the process before making the decision to file for Chapter 13 or 7. The South Florida bankruptcy attorneys at the Law Offices of… Read More »
Understanding Your Rights in a Breach of Contract
A breach occurs when one party fails to fulfill the stipulations of a contractual agreement. A written contract is a document that outlines and protects the interests of the parties involved. These agreements can be executed between clients, employees, and business partners. The promises set forth are legally binding and if not upheld, can… Read More »
Managing Credit After Bankruptcy
Filing for bankruptcy is a major decision, and many people have a misunderstanding of the resulting impact it will have on their financial future. Rebuilding and managing one’s credit after bankruptcy is possible; however, it will require strategy and persistence on the part of the debtor. Every financial situation is different, and the implications… Read More »
Debt Management vs Bankruptcy
Excessive debt can be a heavy burden to carry, especially if it’s for an extended period of time. Those looking to face their finances head on will have to decide on the best approach, which means choosing between debt management and bankruptcy. While each situation is unique, our West Palm Beach bankruptcy attorneys are… Read More »
