Last Friday, the Coronavirus Aid, Relief, and Economic Stability Act (“CARES Act”) officially rolled out the Paycheck Protection Program (“PPP”) to support small businesses during the COVID19 crisis. The Paycheck Protection Program is a $349 billion government loan initiative specifically designed to give small businesses...
In February, the Small Business Debt Reorganization Act went into effect, substantially modifying the provisions, procedures, and rights of debtors and creditors in small business bankruptcy reorganization cases. This new law amends Chapter 11 of the US Bankruptcy Code by creating Subchapter V, an alternative...
Updated April 8, 2020 The Coronavirus Aid, Relief, and Economic Stability Act (“CARES Act”) recently created the Paycheck Protection Program (“PPP”), a $349 billion loan initiative designed to provide small businesses another avenue of financial support during the COVID19 crisis. To be eligible for the program,...
The American Bankruptcy Institute in a featured post titled "Judge Kahn Finds No Constitution Infirmities in Applying the SBRA Retroactively" wrote about the bankruptcy court's decision affirming our client's ability to redesignate their already filed case to one under new Subchapter V of the Bankruptcy...
On February 24, 2020, the Honorable Catherine Eagles substantially denied the effort by The Estates and related companies to dismiss a complaint alleging that homeowners were harmed by a bid-rigging scheme in foreclosures in North Carolina. The Plaintiffs in the lawsuit are represented by the...
Jim White has been recognized in the 2020 Edition of North Carolina Super Lawyers Magazine in the General Litigation category. Super Lawyers is a rating service of lawyers from more than 70 practice areas. The magazine’s patented selection process includes independent research, peer nominations and peer evaluations. ...
Erin Gilmore< erin@classaction.org A proposed class action lawsuit alleges that The Estates LLC and several co-conspirators have engaged in a “bid-rigging” scheme to manipulate foreclosure sales in North Carolina. Alleging violations of the Sherman Antitrust Act, the 27-page complaint claims defendants The Estates LLC; The Estates (UT), LLC;...
[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_column_text]J.C. White Law Group PLLC and Blue LLP have filed a class action lawsuit in the U.S. District Court for the Middle District of North Carolina on behalf of property owners who lost their homes and properties to...
After you file for either Chapter 7 or Chapter 13 bankruptcy in North Carolina, you’ll have to attend a 341 meeting, also known as a meeting of the creditors. Is in named "341" because of the federal law that requires it, and the 341 meeting...
Many people are confused by the form that is served by the sheriff after a judgment is entered against them in North Carolina. The form has two parts: (1) the first part is titled “Notice of Right to Have Exemptions Designated,” often called a Notice...