Monthly Archive for: ‘July, 2015’

Creditors Holding Underwater Secured Claims in Bankruptcy Thrown Lifeline by SCOTUS

On June 1, 2015, the Supreme Court of the United States (“SCOTUS”) issued its opinion for a pair of cases, which yielded a favorable holding for secured creditors in bankruptcy.  The cases of Bank of America, N.A. v. Caulkett and Bank of America, N.A. v. Toledo-Cardona involved debtors who were in Chapter 7 bankruptcy and who each owned a home …

Read More

You Have an Estate Plan…But Does Your Business?

According to the U.S. Small Business Administration, approximately 28 million small businesses operate in our country today.  Needless to say, small businesses owners have a direct impact on our economy, and also provide direct financial support for their families through their endeavors.  Devoted to its day-to-day operations, small business owners often fail to consider the impact their death or incapacity …

Read More