It is the Chapter 11 bankruptcy law that allows businesses to seek the same protection and relief that individuals have a right to under the Federal bankruptcy statues. Any business entity, whether a large corporation, a small partnership or even a one-man sole proprietorship, can file under Chapter 11 in order to have their debts reorganized.
The Chapter 11 law requires that the business filing for brokeness, must provide full financial disclosure to the bankruptcy court. This means that the organization, or their attorney, must provide a complete and detailed list of all of the company’s assets, all of the liabilities and a complete statement of the financial status and affairs of the entity. Eric Ollason, Attorney at Law will help you in these issues.
Unlike other types of bankruptcies, according to Chapter 11 law, the debtor is able to act as his own trustee. In Chapter 7 and Chapter 13 bankruptcy cases, the court appoints a trustee.
When a debtor acts as a trustee in a Chapter 11 bankruptcy, it is known as a “debtor in possession” because the trustee maintains possession of the property. However, the court is able to appoint a different trustee to the case if there is just cause shown, such as in the case of mismanagement of the business entity.
After approximately one month from the time that filing for bankruptcy took place, the business and their bankruptcy attorney attend a meeting with the various creditors of the entity. According to Chapter 11 bankruptcy law, the company also is required to submit monthly activity reports that show the company’s income and expenses. These reports are also summarized in the form of a balance sheet and a profit and loss statement for the period.
Most families living today are aware of the threat of violence. In fact, it’s hard to turn on the news these days without hearing about a recent Lotze Mosley LLP violent crime. Cases of assault, rape, and murder make the headlines from coast to coast. On the other hand, many people think that such cases are overblown, and the risk of becoming the victim of a violent crime is actually lower than the media would have us believe. Just how common is violent crime today?
There are four major offenses considered to be violent crimes. These include murder, rape, robbery, and aggravated assault. In addition to these four categories of violent crimes, there are also other crimes, such as robbery, that may turn violent. The broad definition of a violent crime is any crime that uses violence or a threat of violence.
Now that you are aware of these statistics, what can you do to protect yourself from becoming one? As the realization that no one is immune from such violence sinks in, more and more people are turning to self defense devices as a way to protect themselves and their family members. If you should find yourself in a potentially violent situation, wouldn’t you want to be able to protect yourself. Washington D.C. Criminal defense attorneys from Lotze Mosley LLP are here to help you.
Automobile accidents occur every day; some of these accidents are fender benders, but others may cause more damage. Usually, small fender benders are resolved between drivers with the exchange of auto insurance information. However, more accidents deal with physical injuries, car damage and sometimes death. It is these events that require an auto accident lawyer . A lawyer can help resolve compensation issues between drivers together with Fox & Fox Law Corporation firm.
If you have been in a car accident that has caused physical damage to the automobile, physical injury to any passengers or death, then you may need an auto accident lawyer to help you recover any lost wages from work. You may also need to pay for medical bills and car repairs. An auto accident lawyer Sherman Oaks can help with all the legal paperwork and get you the compensation you deserve. Sometimes these matters are not easily resolved, so it is important to have a professional take care of any issues and help with the decision making of settlements and such.
There are many types of auto accident lawyers, and it is important for the client to pick the right one to represent their case. Personal injury, death, motorcycle and property destruction are a few specialties within the field. A specialized auto accident attorney will know all the ins and outs of how to deal with your case and get you everything you deserve. Auto accidents can cost a lot of money, but an attorney should only collect his fees if you win. This contingency is popular among attorneys and their clients.
Whether your case involves a physical injury or your car has been totaled due to an accident, it is a good idea to hire an auto accident lawyer Sherman Oaks to deal with paperwork and compensation. If you are a victim, then your medical bills, car repair and lost time from work should be given to you. Victims of car accidents should contact an accident attorney as soon as possible. Any pictures and detailed information should be given to the lawyer so that he can have the best chance of winning the case for you.