EXPERIENCE

Personal Insolvency

The Debtor filed a debtors petition upon losing an appeal that he was jointly and severally liable under a guarantee given for borrowings of a related entity in the sum of circ. $600K. In the years leading up to the adverse decision the debtor transferred his interests in property owned

An individual became bankrupt as they sought relief due to financial distress arising from a legal dispute with a former spouse over joint property ownership…