Law Offices of David A. Tilem

Put your financial crisis behind you.

February 2016 Archives

Collectively, Americans inch toward $1 trillion in revolving debt

The research department at one of the nation's Federal Reserve banks recently culled through and analyzed what a media article on consumer debt calls "a huge data set" of credit report-related information. Reportedly, researchers scrutinized a full 5 percent of all credit reports in the country over a nearly 15-year period.

Drafting Judgments and Related Documents - Litigators Beware

Civil litigators are strategic thinkers - that is until it comes time to prepare Judgments, Findings of Fact and Conclusions of Law, Special Interrogatories, Summary Judgment Orders and similar documents. If your case involves a money judgment, getting that Judgment is just the first step. The next step is to protect and enforce it. 

How Chapter 11 Works for Individuals

In 1978, Congress completely overhauled our bankruptcy laws, replacing the Bankruptcy Act of 1898 with the modern Bankruptcy Code. The new Bankruptcy Code creating what we now know as Chapter 7, Chapter 9 (for governmental entities), Chapter 11 (reorganization) and Chapter 13 (for consumers with a regular income).