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21
Apr

According to statistics presented by the Adminsiteative Office of the US Courts, bankruptcy filings are down yet again. In Jackson County, Missouri, where the heart of Kansas City lives, here were only 2,478 bankruptcies filed in the calendar year ending in March. Annual bankruptcy filings for the country fell below 800,000 this year. In 2004, […]

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27
Mar

The Justice Department is implementing new ways to collect and track restitution payments from criminal offenders. This is no small task, as the below cited article indicates that criminal defendants owe about $17 Billion in restitution. Every lawyer knows that obtaining a conviction or judgment against a defendant, whether involving a civil or criminal case, […]

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02
Jun

Missouri Lawyers Media recently published an article about a case where employers were trying to enforce an arbitration agreement mandating that an employee dispute be arbitrated instead of litigated. See http://molawyersmedia.com/2016/06/02/employers-lose-motions-to-compel-arbitration-in-two-appellate-decisions/ While Arbitration and Litigation both lead to the adjudication and binding outcome for disputing parties, arbitration is typically seen as a quicker and more […]

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23
Sep

Many people don’t know that Social Security doesn’t just pay a worker who’s paid into the system throughout his or her career. It also pays spouses, regardless of whether or not the spouse has accrued enough credits to receive their own Social Security. As Baby Boomers retire, we see so many Stay At Home Moms […]

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03
Aug

    I recently skimmed the below article on the Puerto Rican economy and its need for creditor relief in the U.S. bankruptcy court system. http://www.reuters.com/article/2015/07/07/us-puertorico-bankruptcy-idUSKCN0PH0BI20150707   The issue here is really whether or not a U.S. Territory qualifies as a municipality under the terms of the United States Code. According to 11 U.S.C. 101(40), “The […]

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17
Jul

  The Brooklyn Law School is implementing a new policy that is likely going to make law students run in droves to their Admissions Office. What better way to boost enrollment? The new policy allows for a 15% tuition reimbursement for students unable to find meaningful full time employment within 9 months of graduation. You […]

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14
Jul

Many people view asset protection in my practice in terms of business structure, bankruptcy, corporate status, and real estate issues. All too often I see small business owners coming to me for advice on how to protect and preserve their business in a divorce. I thoroughly enjoy working with those clients but one aspect of […]

06
Jul

In times of death, I often find myself reflecting on the important things in life – family, friends, health.  I would like to pretend that financial issues are not important in the grand scheme of things, but I would be kidding myself if I didn’t understand that finances play in to the stress left behind […]

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11
Jun

Elizabeth S. “Betsy” Lynch has been a member of the Kansas City Business Journal’s Best of the Bar list since 2012. The list has very few business and bankruptcy practitioners and even fewer of those are practicing at small law firms.  Betsy’s nomination stands beside attorneys with decades of experience at large law firms, which […]

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