by Robert S. Bernstein, Esquire Bernstein-Burkley, P.C. Many people misunderstand the use of security interests and their enforcement. While the subject is much too broad to cover completely here, there are some highlights we can hit. A security interest is a lien in personal property. “Personal property” means anything other than real estate. It does […]
Defending Against Preference Actions: The Domestic Support Obligation Exception Defending Preference Actions: Contemporaneus Exchange for New Value Defending Preference Actions: Ordinary Course of Business Defending Preference Actions: Purchase Money Security Interest Transfers Defending Preference Actions – Security Interests in Inventory or Receivables Defending Preference Actions: Statutory Liens Defending Preference Actions: Transfers For Subsequent New Value
We hope you learn from this six-part series on Preference Actions in Bankruptcy. Who can, and can’t get paid, within what period of time from filing, when should you not accept a preferential payment. Preference Actions, Part 1: The Double Whammy Preference Actions, Part 2: Prove It, Mr. T Preference Actions, Part 3: Just What […]
Part 1: Basics – A Short Series On Security Interests For Credit Managers Part 2: Security Interests for Credit Managers Part 3: Perfection By Filing, A Short Series On Security Interests For Credit Managers Part 4: Security Interests – Imperfect Perfection Part 5: Simple Steps To Better Security Interests
A Short Series on the Disappearing Debtor – Ownership Structure A Short Series on the Disappearing Debtor – Debt Structure A Short Series on the Disappearing Debtor – Fraudulent Transfers A Short Series on the Disappearing Debtor – Conclusion: What Creditors Can Do
Bernstein-Burkley, P.C. Managing Partner, Robert S. Bernstein, discusses mediation, a popular alternative dispute resolution tactic, in his ebook: 5 Ways that Mediation Can Save You Time and Money. Learn more about mediation in this 5 Minute Legal Master Series episode: Transcript: Mediation (5:16) Welcome to the 5 Minute Legal Master series where expert attorneys help you master […]
5 Minute Legal Master Videos When to involve an attorney in a bankruptcy case Transcript (5:12) Welcome to the 5 Minute Legal Master series where expert attorneys help you master important legal topics. Today, board-certified creditors’ rights and business bankruptcy attorney, Kirk B. Burkley, discusses when to involve an attorney in a bankruptcy case. This […]
The Pennsylvania Home Improvement Consumer Protection Act (“HICPA”), 73 P.S. § 517.1, is a fairly recent law that substantially impacts the rights and duties of both consumers and contractors. The purpose of the HICPA is to regulate and offer additional guidelines for the transactions that take place between consumers and contractors. It imposes a number […]
by Raymond P. Wendolowski, Jr. When a client makes the determination to send a claim to a law firm, one of the most important steps is to be prepared for the obstacles you are likely to face throughout litigation. If you believe that you have a valid claim and intend to file suit in the […]
A mechanics lien is an extraordinary and powerful tool for subcontractors and suppliers seeking recovery for nonpayment. Although all states differ in the specifics of their mechanics’ lien laws, Pennsylvania has traditionally maintained very strong mechanics’ lien laws to the benefit of subcontractors and suppliers. Although the requirements for placing a mechanics’ lien on a […]
by Nicholas D. Krawec, Esq. There are local businesses and local organizations (chambers of commerce, industry and trade groups, etc.) that can be leveraged to expand your personal and business contacts to bring you a regular supply of new business. After all, that’s what networking is all about. Allow me to share some of the […]
Practical Advice for Creditors Robert S. Bernstein, Esquire Bernstein-Burkley, P.C. Creditworthy News In the last several issues, we have covered the definition of a preference, as well as the explanation of defenses to preference actions. This week’s installment will cover some practical advice for creditors who are faced with that “double whammy.” When you get […]