Read The Significance of Demand Letters and Some Tips on Writing One - Vik Chaudhry (www.lawfirms.com)

Read about What to Expect at Your Meeting of Creditors - Vik Chaudhry (www.lawfirms.com)

One of our firm’s primary practice areas is in healthcare law. In connection with our practice, we oftentimes get questions dealing with the Stark Law, one of most important statutes that physicians need to know. The Stark Law is the statute that governs physician self-referral for Medicare and Medicaid patients. Physician self-referral is the practice of physicians referring patients to healthcare... Read More

Read about Eliminating a Second Mortgage - Vik Chaudhry (www.lawfirms.com)

Consumer bankruptcy cases are generally governed under chapters 7 and 13 of the Bankruptcy Code (while individuals can also file under chapter 11, this is more rare and expensive). A natural question consumers ask is – what is the difference between chapters 7 and 13 and which is the best one to file under? Chapter 7 cases are typically known as “liquidation bankruptcies.” That means... Read More

In chapter 7 bankruptcy cases, debtors are required to file a document called a “Statement of Intention” for any property which is the collateral for a debt that is not covered by any bankruptcy exemptions. The Statement of Intention lists three options for each such piece of property: i. Surrender ii. Redeem iii. Reaffirm This article focuses on the “Reaffirm” option and provides a brief... Read More

For various reasons, it is common for individuals to put off creating their will and other estate planning documents. Many believe that they do not have sufficient assets to warrant the creation of a will, that enlisting the help of an attorney is simply too expensive or that planning for one’s death is an unpleasant topic that they wish to avoid. However, there are numerous pressing reasons... Read More

It seems as though more companies than ever have recently attempted to reorganize their debts under chapter 11 of the Bankruptcy Code. Whether more companies are actually filing bankruptcy may or may not be true, but certainly we are seeing it more frequently in the news. Indeed, over the last few months, we have seen the likes of Blockbuster, MGM, Borders, and Giordano’s file bankruptcy in order... Read More

At the VC Law Group, quite often clients will come in with at least one of the following debt-related issues: - They are involved in a lawsuit relating to debt that they owe - Their house is in foreclosure - Their wages are being garnished - They are receiving harassing phone calls from debt collectors When I hear this, I tell our clients that one of the most powerful tools that comes along with the... Read More