Debt Relief Agency

Ronald Page, PLC is a bankruptcy litigation boutique. The law firm represents creditors, debtors, and others in the Virginia Capitol area including Richmond, Henrico County, Chesterfield County, Hopewell, Petersburg, Hanover County, Caroline County, Powhatan County, Prince George County, Goochland County, New Kent County, and Amelia County. Congress requires us to provide the following information to […]

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Treatment of Real Estate in Bankruptcy

Richmond, Virginia.  The interplay of bankruptcy law and the ownership of real property or real estate is often misunderstood. The filing of the bankruptcy petition does not affect one’s underlying ownership interest in real estate. However, the filing of bankruptcy may affect financial obligations related to the ownership real estate. Property Taxes.  Certain property taxes […]

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Virginia Exemptions

When an individual files for Chapter 7 bankruptcy, an interim trustee is appointed in each case. The interim trustee is charged with liquidating any nonexempt assets that are not burdensome or of inconsequential value. The trustee’s duty is owed to the creditors of the Chapter 7 bankruptcy estate. Fortunately, the Virginia Code protects a number […]

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Reclamation in Bankruptcy for Trade Creditors and Vendors

Bankruptcy Protection for Trade Creditors and Vendors When a company files for protection under the Bankruptcy Code, its trade creditors and vendors are left scrambling to understand how the bankruptcy will affect them.  As explained below, time is of the essence and so vendors must act quickly to take full advantage of their rights under […]

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