North Carolina Lien Law Under Review Again

The North Carolina General Assembly appointed a committee in 2013 to study a specific element of North Carolina Lien Law. The Lien Law Review Committee was initially charged with studying the impact of modifying lien law regarding leased real property. Just recently, several other issues have popped up from industry groups interested in changing the North Carolina Lien Law again. …

Preferential Transfers in Bankruptcy: How to Minimize the Preference Risk

Preferential Transfers in Bankruptcy: How to Minimize the Preference RiskBy James R. VannAttorney at Law For suppliers of goods and services, nothing may be more unsettling than discovering that a customer has filed for bankruptcy. To add insult to injury, there is a risk that any recently received payment or settlement might be recaptured by the bankruptcy trustee as a preferential …

Collecting a Judgment: The Sheriff/Deputy Is Of Vital Importance

A vital benefit the legal process of obtaining a judgment affords you is the ability to utilize the services of the local Sheriff’s Office in an effort to collect the debt. Once a judgment is recorded, the appeal period has passed, and, if required, Notice of Right to Claim Exempt Property has been served, your attorney can obtain a Writ …