How Chapter 11 Works

A chapter 11 case begins with the filing of a petition with the bankruptcy court serving the area where the debtor has a domicile or residence. A petition may be a voluntary petition, which is filed by the debtor, or it may be an involuntary petition, which is filed by creditors that meet certain requirements.…

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How Chapter 7 Works

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A chapter 7 case begins with the debtor filing a petition with the bankruptcy court serving the area where the individual lives or where the business debtor is organized or has its principal place of business or principal assets. (3) In addition to the petition, the debtor must also file with the court: (1) schedules…

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Do You Need an Attorney to Buy or Sell a Home?

Buying or selling a home is one of the most significant events in one’s life which involves the law of real property. A real estate attorney is the only professional who is trained to deal with these special issues of practice as there are so many complexities that may arise during the process.

Even if the agents use standard forms, brokerage agreement terms between a real estate agent and a seller and/or a buyer often need a revision. Standard printed forms are certainly convenient, however agents are unable to make judgments on legal questions. An attorney is helpful in explaining these forms, and making adjustments to reflect the buyer’s and/or the seller’s expectations.

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EB-5 Immigrant Investor Program

Foreign investors and their families have been able to obtain permanent residency in the United States through the 5th Employment-Based Preference (EB-5) visa program established in 1990. EB-5 visas have many advantages: Foreign investors do not need sponsorship from an employer or family member. There are no language, business, or education requirements for applicants. Investors who receive a Green Card through the EB-5 program are permitted to work and live anywhere in the US. Investors who receive a Green Card can travel to and from the United States without a visa. After establishing residency in the United States, investors and their children may be able to pay lower college and university tuition rates than foreign students.

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Prenuptial Agreements for a peace of mind before marriage

Prenuptial agreement is made by a couple before they marry, and it concerns the ownership of their respective assets should the marriage fail. Couples who bring personal or business assets to the marriage can benefit from a prenup. It is not one of the things that come to mind when you are about to marry, but given that…

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