Bankruptcy Reform Act Aids Creditors in Claims

By René Lastreto, II Lang, Richert and Patch In April 2005, President Bush signed into law the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (“Reform Act”). Most of the provisions go into effect on October 17, 2005. While the Reform Act contains many changes to consumer bankruptcy law, it also contains significant provisions applicable to business bankruptcy issues. … [Read more...]

Injured Parties Must Act Timely in Filing Lawsuit

By Tracy E. Sagle Formerly of Lang, Richert and Patch Many people suffering from personal injuries or other types of damages are unclear about how long they have to file a lawsuit before their ability to prosecute their claims expires. The law recognizes various limitations periods (commonly referred to as the statute of limitations) for the different legal avenues designed to address a legal wrong.   While the state legislature has attempted to make these periods clear, a problem that … [Read more...]