Breaking the Bank

By all accounts, this was a difficult debtor. The client had extended an unsecured line of credit to the debtor for use in his computer repair business. Since the time that credit had been granted, the debtor closed the business; got divorced; moved into a rental...

Ethics and Professionalism: Lawyer as Supervisor

By Robert S. Bernstein, Esq. Like most law firms, much use is made of junior lawyers and non-lawyer assistants in the collection and bankruptcy offices. The lawyers with supervisory or management responsibility are accountable under the ethics rules for the conduct of...

5 Minute Legal Master Series: Pre-Trial Discovery

What is pre-trial discovery and when is it used? Did you know there are multiple types? In this 5 Minute Legal Master Series, Board-certified creditors’ rights specialist, Nicholas D. Krawec, explains more about this commonly used tool. If you have any topics...

PACA: A Powerful Statute All Lenders Should Know About

By Allison L. Carr, Esq. The federal government enacted the Perishable Agricultural Commodities Act, 7 U.S.C. § 499e et seq. (“PACA”), in 1930 to regulate the buying and selling of fresh and frozen produce in the United States.  Its purpose is to prevent unfair...

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