Category: Wallace Law in the News

A distressed property or business asset can look like a rare opportunity: a discounted price, a motivated seller, and a market where well-located assets still carry long-term appeal. But West Palm distressed asset purchases are not ordinary transactions with a lower purchase price. They are often transactions where the buyer must identify exactly what...

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A bankruptcy estate is automatically created when you file, including all property interests you hold at that moment. The estate is managed by a court-appointed trustee who liquidates assets and distributes proceeds to creditors....

A purchase contract can look settled right up until a title issue, inspection dispute, financing delay, or last-minute demand puts the deal at risk. A real estate attorney helps turn that uncertainty into an informed decision, whether the right move is to renegotiate, extend, close with protection, or walk away.

For Florida buyers, sellers, investors,...

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Personal bankruptcy eliminates debt through court-supervised processes, primarily Chapter 7 and Chapter 13. Chapter 7 involves liquidation and is faster, while Chapter 13 offers repayment plans that preserve assets. Choosing the correct chapter depends...

A foreclosure notice, a wage garnishment, or a stack of collection letters can make every financial decision feel urgent. For Naples residents considering bankruptcy, understanding their Naples Chapter 13 attorney options is often the first step toward replacing uncertainty with a structured plan. The right attorney should do more than prepare forms. They should...

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Homeowners can halt foreclosure by submitting a complete loss mitigation application more than 37 days before the sale date. Filing Chapter 13 bankruptcy immediately stops foreclosure through the automatic stay and allows repayment over...

A merger can look straightforward on a term sheet and become far more complicated once the parties begin exchanging records. A missed consent, an unresolved tax issue, or a vague indemnity provision can change the economics of the transaction after signing. This Fort Lauderdale merger counsel checklist helps business owners, buyers, and investors focus...

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Medical debt can be fully discharged through Chapter 7 or Chapter 13 bankruptcy, with no amount limit. Filing creates an automatic stay that stops collection efforts immediately and can protect assets using exemptions. Timing...

A foreclosure complaint can make every decision feel urgent, particularly when the home also represents years of equity, stability, and family planning. Coral Springs foreclosure mediation options may create a structured opportunity to speak with the lender about a resolution, but mediation is not a guaranteed cure and it does not automatically stop a...

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Secured debt bankruptcy involves filing when debts are backed by collateral like homes or cars. Creditors retain the right to repossess assets through liens even after bankruptcy discharge. Managing secured debts requires timely decisions...