When a debtor files for bankruptcy, creditors often fear their claims will be wiped away. However, under Section 523 of the Bankruptcy Code, certain debts are categorized as non-dischargeable, meaning the debtor cannot...more
1/22/2025
/ Bankruptcy Code ,
Bankruptcy Court ,
Chapter 11 ,
Chapter 7 ,
Creditors ,
Debt Collection ,
Debtors ,
Federal Rules of Bankruptcy Procedure ,
Fiduciary Duty ,
Filing Deadlines ,
Fraud ,
Insolvency
The government’s response to the COVID-19 pandemic has resulted in federal assistance to numerous industries and individual taxpayers, but notably has left the state legalized marijuana industry out in the cold....more
5/31/2020
/ Agribusiness ,
Assignment of Benefits (AOB) ,
Bankruptcy Plans ,
Cannabis-Related Businesses (CRBs) ,
Chapter 7 ,
Commercial Bankruptcy ,
Coronavirus/COVID-19 ,
Financial Distress ,
Hemp Related Businesses ,
Marijuana Related Businesses ,
Receivership