Help Center

ABI Blog Exchange

If you are selling your home as a FBSO (For Sale By Owner) or buying a home which is being sold FSBO, you need a knowledgeable Walworth County real estate attorney to protect your real estate transaction. Many things could and do go wrong during a FSBO real estate transaction. Walworth County real estate attorney Shannon Wynn will help you steer clear of potential pitfalls.

 
Walworth County real estate attorney FSBO

How Walworth County Real Estate Attorney Shannon Wynn Helps FSBO Parties:

1. A Walworth County real estate attorney can protect your home sale when unexpected circumstances occur which are not covered on a real estate agent’s standardized form.

2. A Walworth County real estate attorney can assist FSBO buyers with writing and revising an Offer to Purchase as well as any needed Counteroffers.

3. A Walworth County real estate attorney can negotiate on your behalf during the purchase process.

Read More from: Wynn at Law, LLC

2 weeks 1 day ago

For large banks, the risks of partnering with marketplace lenders do not matter. But small community banks can't afford to partner with competitors angling to poach their customers.

Read More from: BankThink

2 weeks 1 day ago

Receiving Wide Coverage ...

Wells probed: Federal prosecutors in at least three districts have begun investigating Wells Fargo's sales practices in the wake of last week's $185 million settlement. The Wall Street Journal reported that federal prosecutors in Manhattan and San Francisco sent subpoenas to the bank. The investigation "is focusing on whether someone senior within the bank directed employees to falsify documents in conjunction with the opening of accounts and products without consumers' knowledge or...

Read More from: BankThink

2 weeks 1 day ago

Delivery Agent, Inc., a provider of one of the leading and most advanced entertainment platforms to monetize entertainment content based in San Francisco, CA, and three of its affiliates have filed for chapter 11 bankruptcy protection before the United States Bankruptcy Court for the District of Delaware (Main Case No. 16-12051).  According to the debtors, a failed IPO and the acquisition of The Band, Inc., a media agency based in Denver, whose operations were subsequently discontinued, have, among other things, led to the debtors’ bankruptcy filings. The debtors indicate that they have entered into an asset purchase agreement with Hillair Capital Management LLC as the stalking horse bidder and the proposed debtor-in-possession lender and have filed motions seeking authority to sell their assets and obtain financing.

The petition (including the consolidated list of the top 30 creditors), the first day declaration and the docket are available through Epiq.

Contact Norman L. Pernick and  Nicholas J. Brannick for more information.

2 weeks 1 day ago

cropped-image11.jpeg
Above and Beyond

By: Donald L. Swanson

How can this be?!

Federal rules of procedure contain mediation provisions for every bankruptcy-related court, except for the bankruptcy courts themselves.

Why this discrimination against bankruptcy courts??!!

[By bankruptcy-related courts, I’m referring to:

–the bankruptcy courts themselves;

–the U.S. district courts, in both their trial and bankruptcy-appeal capacities;

–the bankruptcy appellate panels; and

–the U.S. courts of appeals.]

Federal Rule of Appellate Procedure 33

Read More from: Mediatbankry

2 weeks 1 day ago

The most recent statistics on home sales in the United States indicate that fewer and fewer people are buying houses, which is a complete reversal of the sharp rise in home sales earlier this year.

The National Association of Realtors (NAR), a major North American trade group for individuals who work in the real estate industry, has released data showing that sales of existing homes in the US declined by more than three percent in July 2016, the most recent month for which data is currently available. The decline brings the projected annual rate of home sales in the U.S. to just above 5.3 percent, which is a marked decrease from previous years.

One of the major reasons for the decline in home purchases in New Jersey, New York, Pennsylvania, and many other areas of the US is that there is an inventory shortage, with fewer and fewer homes being made available for sale. That’s a serious problem because the demand for homes remains incredibly high.

2 weeks 2 days ago

Golfsmith International Holdings, Inc., a golf clothing and equipment retailer based in Austin, Texas, and twelve of its affiliates have filed for chapter 11 bankruptcy protection before the United States Bankruptcy Court for the District of Delaware (Main Case No. 16-12033).  The case has been assigned to the Honorable Christopher S. Sontchi. According to the debtors, changes in consumer behavior and shifting trends in the retail industry in general have led to the commencement of these chapter 11 cases. The debtors indicate that they have entered into a restructuring support agreement with the senior secured lender but have also filed a motion to sell substantially all of their assets. The petitions (including the consolidated list of top 30 creditors), the first day declaration and the docket are available through Prime Clerk.

Cole Schotz P.C. does not represent the debtors.

 

Contact Norman L. Pernick and  Nicholas J. Brannick for more information.

2 weeks 2 days ago

With the risk-taking culture at big banks Â-- including that which contributed to the Wells Fargo fiasco Â-- it's a good thing the House bill to weaken Dodd-Frank will never become law.

Read More from: BankThink

2 weeks 2 days ago

going nowhere

 

When your wallet’s as flat as this tire and you can’t make your Chapter 13 payments, what do  you do?

Chapter 13 promised a chance to reorganize, keep what’s important, and get out of a financial hole.

But it just isn’t working.

What now?

In good lawyer style, I’ve got to tell you:  it depends.

It depends on why you’re in Chapter 13;  what’s happened that you can’t make the payment; and what your goals are/were for your bankruptcy case.

Is the money problem going to last?

First question:  is the problem with your cash flow temporary or longer term?  When the problem is an unexpected expense or a short interruption in income, your case may be easily salvageable.

Some trustees allow an informal suspension of payments, or a plan to catch up on the court approved payment plan.

2 weeks 2 days ago

Biceps=grin-openclipartDebt collectors have noticed the growing understanding of debtors about their rights to fair debt collection.

And they aren’t happy.

Federal law in the form of the Fair Debt Collection Practices Act regulates the conduct of third party collectors. Those protections apply everywhere and more and more attorneys are learning how to assert those rights on behalf of their clients.

But the FDCPA applies only to the hired debt collector.  It doesn’t apply to the original creditor.

Original creditors are free from federal scrutiny.

California’s Fair Debt Collection Act

It’s better in California.

2 weeks 2 days ago

New recommendations by the Federal Reserve Board are a crucial step in the direction of much-needed restructuring of the U.S. financial sector.

Read More from: BankThink

2 weeks 2 days ago

Receiving Wide Coverage ...

Blame game: Wells Fargo CEO John Stumpf and CFO John Shrewsberry both tried to deflect blame for the company's phony accounts scandal. In an interview with the Wall Street Journal, Stumpf "appeared to lay blame for the problems with the employees involved than with any flaw in Wells Fargo's systems or culture." ...

Read More from: BankThink

2 weeks 2 days ago

In re Jepson v. Bank of New York Mellon, 816 F.3d 942 (7th Cir. 2016) – A creditor requested modification of the automatic stay so that it could proceed with a foreclosure action. The debtor opposed the motion and sought … Continue reading

2 weeks 2 days ago

As the Consumer Financial Protection Bureau proposes new small-dollar lending rules, it has also sought comment on an alternative plan that would open the door to banks providing more lower-income credit solutions.

Read More from: BankThink

2 weeks 3 days ago

While the retail lobby won in the political arena and successfully decreased its costs through price-fixing, the biggest loser in this situation was the American consumer.

Read More from: BankThink

2 weeks 3 days ago

With new fintech investments tapering off and banks starting to get the hang of digital innovation, young companies need to take a hard look at their business models.

Read More from: BankThink

2 weeks 3 days ago

Receiving Wide Coverage ...

Stumpf to the Hill: The Senate Banking Committee plans to question Wells Fargo CEO John Stumpf as pressure on the bank grows in light of the unauthorized accounts scandal. Several Wells executives are scheduled to brief panel members Tuesday prior to the hearing, which is scheduled for September 20. "Clearly there is a disconnect between whatever Mr. Stumpf was telling the public and what was actually going on at Wells Fargo —...

Read More from: BankThink

2 weeks 3 days ago

attorney Robert ReeseMost of us remember where we were on this day. I was vacationing at the Gulf Coast with my family and had just returned from a long bike ride. I can remember walking into the room and seeing the news coverage while my son and daughter who were 4 and 2 at the time, played in the living room floor oblivious to what was happening. Within a short time we found out that cowardly, Islamic terrorists had attacked our country. Our resolve as a country at that time was this will never happen again, but sadly I believe we have become complacent once again. The reasons for our complacency are too numerous to detail in this short blog, however the point of bringing up this event in this country’s history is this.

Read More from: Bonds & Botes, P.C.

2 weeks 3 days ago

image
11 U.S.C. Sec. 921(c) — “Good Faith” Requirement for Municipal Debtors

By Donald L. Swanson

“[I]t is unlikely that a city could file for bankruptcy solely for the purpose of shedding liability associated with unconstitutional police practices.”

–Conclusion in a Report, dated 8/21/2016 and titled: “Who Pays for Police Misconduct in Bankruptcy Cities?

This conclusion is undoubtedly accurate when a City is capable of paying the judgment. In such a context, a City’s bankruptcy filing would violate the “good faith” requirement of 11 U.S.C. § 921(c).

But this conclusion seems unlikely to prevail in the context of an exceedingly-large judgment amount against a City that can’t be paid.

Hypothetical

Imagine this hypothetical:

Read More from: Mediatbankry

2 weeks 3 days ago

Pages