Bankruptcy
How Do I File for Bankruptcy?
What Happens If I Declare Bankruptcy? Chapter 7 and Chapter 13 of the Bankruptcy Code are aimed at relieving an
Eric Gros-Dubois
April 8, 2020
Debtor
Bankruptcy
Creditor Bankruptcy Collection Process
Will Filing for Bankruptcy Stop Collections? Once the debtor files for bankruptcy and the court accepts the petition, the court
Eric Gros-Dubois
April 8, 2020
Real Estate Law
Can you file for Bankruptcy if your House is in Foreclosure?
If you believe foreclosure is imminent and need assistance moving forward, please do not hesitate to contact one of our knowledgeable attorneys at EPGD Business Law.
Eric Gros-Dubois
March 13, 2020
Business Law
Perfecting the Security Interest
A secured party should perfect their security interest, after attachment, in order to fully ensure its legal rights against a third party claiming that they have an interest in the same collateral. By perfecting a security interest, a secured party gains priority over subsequent creditors claiming the same collateral.
Eric Gros-Dubois
May 13, 2019
Business Law
What is a Security Interest?
A security interest occurs when a debtor, which can be a person or business, borrows money from a creditor or more specifically a secured party and they agree to execute a security agreement. In the event the debtor defaults by not paying back the loan or by violating a provision in the agreement, the secured party can seize the collateral and may sell it to satisfy the debt.
Eric Gros-Dubois
May 6, 2019