by Jeff Folkersen | Jun 14, 2010 | Blog
It should go without saying that as a secured creditor you should be aware of the location of any and all collateral in the debtor’s possession that is the subject of your security interest. However, one would be surprised at how many secured creditors do not...
by Jeff Folkersen | Jun 2, 2010 | Blog
So you’ve met with an attorney and you have been informed that you have a “strong” case. Of course you instruct your attorney to immediately run to the nearest courthouse and file a writ, summons, complaint or whatever legal document is necessary in order...
by Jeff Folkersen | Apr 30, 2010 | Blog
I read this article in the Pittsburgh Tribune Review:(http://www.pittsburghlive.com/x/pittsburghtrib/news/s_672744.html) and it got me thinking about state oversight of financially distressed municipalities. Under Pennsylvania state law (commonly referred to as Act...
by Jeff Folkersen | Apr 13, 2010 | Blog
In a perfect world, a creditor would never have to file a lawsuit to collect on balances due and owing from debtors. In a great world, any judgment obtained as a result of a lawsuit would immediately be paid by the judgment debtor. In reality, creditors are often...
by Jeff Folkersen | Apr 2, 2010 | Blog
The New York Times Editorial Page recently published an Op-Ed piece by Ronald Mann (http://www.nytimes.com/2010/03/12/opinion/12mann.html?ref=opinion), professor of law at Columbia. Mr. Mann’s Article suggested major changes to the Bankruptcy Code to make...
