This blog and informational section of our website is meant to provide you with answers to commonly asked questions as well as our special announcements and other updates.
A January 2021 decision by the U.S. Bankruptcy Court for the Western District of North Carolina (Charlotte Division) dismissed the March 2020 Chapter 11 reorganization bankruptcy filings by a corporation and a related limited liability company for the following reasons: Under both the LLC Operating …
Partner Heather Culp was recently interviewed on Fraud Fighter, a podcast hosted by a professional forensic accounting investigator. The weekly podcast seeks to find the best tools, practices, opportunities, and people to answer questions about fraud and forensic accounting. In this episode Heather answers questions about …
Partner Heather Culp will speak at an upcoming seminar: Helping North Carolina Nonprofits & Their Clients Navigate COVID-19. The seminar, hosted by The North Carolina Pro Bono Resource Center and The North Carolina Commission on Volunteerism and Community Service, will have two sessions: one on …
Partner Heather Culp was recently interviewed on The Human Lawyer, a podcast featuring conversations with lawyers to discuss their human side. The podcast was created to showcase that lawyers are humans too; that they have lives outside the courtroom. The interview touches on Heather’s career …
Essex Richards is pleased to announce that Business North Carolina magazine has named Partner John Woodman as the top bankruptcy attorney in North Carolina on its 2021 list of “Legal Elite.” John received this award by gaining the highest number of votes by his peers in North …
Essex Richards is pleased to announce that David DiMatteo has joined Essex Richards P.A. in our bankruptcy and litigation groups. David focuses his practice on debtor/creditor relationships and business related disputes. He has specific experience in the areas of personal and business bankruptcy, business litigation, …
Essex Richards partners John Woodman and Heather Culp educated North Carolina attorneys on debt and credit issues via the North Carolina Bar Association’s September 2020 Expert Series CLE. Through the Expert Series, the NCBA offers its 19,000 members as part of their dues a single …
Are you daydreaming about being your own boss? Go into it with your eyes wide open. Here are 10 common reasons why entrepreneurs may wind up in personal bankruptcy. 1. Getting into the Business for the Wrong Reasons An ill-conceived Plan B following a layoff, …
By Heather Culp A well-timed bankruptcy can be a powerful arrow in the quiver of a taxpayer with burdensome income tax debt. A taxpayer’s personal liability for individual income tax debt can be discharged in bankruptcy if the answer to each of the following five …
Making Good Personal Financial Decisions During the COVID-19 Crisis The coronavirus and COVID-19 diagnoses in the United States have quickly changed our lives in many ways. While health and public safety are top priority, many of us are concerned about our personal finances, and how …
As we referenced in this post, our team was curious about how our clients are doing now – after their bankruptcy has been discharged. Many new clients just want to know “will my life be better after bankruptcy?” So we went back and asked our …
The coronavirus (COVID-19) diagnoses in the U.S. has quickly changed our lives in many ways. In this article, we explain how to make the best financial decisions during this time of crisis.