by Jeff Folkersen | Aug 4, 2011 | Blog
One thing that I’ve noticed time and time again in my practice is that clients are not always aware that they may need to appear in court at some point if they choose to take legal action against a debtor. In Pennsylvania, if the matter is not settled or if judgment...
by Jeff Folkersen | Jul 31, 2011 | Blog
(But We’re Making it That Way!) When it comes to the national economic situation, the numbers are so large that we are blown away and feel unable to think about them in rational terms. True, they are large numbers. But many of us have learned to work on...
by Jeff Folkersen | Jul 29, 2011 | Blog
by Maribeth Thomas, Esq. Alternate dispute resolutions such as mediation have become prevalent in bankruptcy proceedings and often result in much success for all parties involved. Mediation is not an official judicial proceeding and instead is designed to encourage...
by Jeff Folkersen | Jul 5, 2011 | Blog
Once a lawsuit is filed to collect on an outstanding debt, a number of factors that were not present prior to the filing of a lawsuit become serious impacting factors on the outcome of the case and ultimately the collection of the debt. Such factors include the costs...
by Jeff Folkersen | Jun 9, 2011 | Blog
It is a very common situation for a creditor to be owed a large sum of money from a debtor who continues to operate by paying other creditors or parties. Naturally, this is very frustrating. It can also be very disturbing because at the same time there are rumblings...
by Jeff Folkersen | Jun 9, 2011 | Blog
Often, when foreclosing on a piece of real property, a secured creditor’s focus and objective is limited to the recovery of the property. However, in this economic climate, more and more secured creditors are electing to pursue a deficiency balance against the debtor...
by Jeff Folkersen | May 6, 2011 | Blog
While I subscribe to the belief that a secured lien holder should always know the location of its collateral, I understand that is essentially impossible to practice. Which is why a secured lien holder may some day find themselves in a position where they find their...
by Jeff Folkersen | Apr 2, 2011 | Blog
Undoubtedly, social networking sites such as Facebook will change the face of the legal practice in a number of ways, some foreseeable, some not. Already, Facebook in Litigation is used in criminal investigations, used for “cyber-bullying” and has been the subject of...
by Jeff Folkersen | Mar 2, 2011 | Blog
In case you missed it, get ready for “the good times” What creditors should do to prepare for post recessionary economy. What Creditors Should do before sunrise
by Jeff Folkersen | Feb 23, 2011 | Blog
Bob Bernstein and Nick Krawec will present a 60 minute teleconference today at 3:00 p.m. Eastern for National Association of Credit Management on Things Your Creditors Rights Lawyer Should be Telling You Before & During the Litigation Process. Still time to...