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Archive for March 2013

Court Levies Harsh Sanctions for Filing Bankruptcy Papers Without Actual Signature

By Admin | March 1, 2013

There are no circumstances that would ever justify an attorney filing a bankruptcy petition, the
supporting schedules, or the debtor’s Statement of Financial Affairs (“SOFA”) without first obtaining
the debtor’s actual signature thereto, the chief judge of a Texas bankruptcy court has held.

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Guaranty Triggered by Resistance to Foreclosure Is Enforceable, Court Says

By Admin | March 1, 2013

By John T. Hundley, Jhundley@lotsharp.com, 618-242-0246
A provision making obligors personally liable if they resist foreclosure on an otherwise non-recourse obligation is enforceable, a panel of the Illinois Appellate Court in Chicago has held.

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