On Feb. 4, the Ninth Circuit U.S. Court of Appeals, in a 2-to-1 opinion, affirmed a long-standing pre-bankruptcy planning strategy of converting non-exempt assets to exempt assets shortly before ...
A debtor's non-exempt assets (and even the debtor's entire business) are commonly sold during the course of a bankruptcy case by the trustee or a chapter 11 debtor-in-possession ("DIP") as a means of ...
In a Chapter 7 bankruptcy, creditors can seize certain assets to repay the debts you owe. However, exceptions allow debtors to retain some of their assets (or at least part of the asset’s value).
Attorney Andrea McNairy of Brown & Crouppen Law Firm explains that bankruptcy is a legal process designed to provide relief to individuals who cannot meet their debt obligations. The two most common ...
The reality of practicing medicine in 2026 is that potential liability exists in every specialty — and that, periodically, claims exceed typical medical malpractice coverages.
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