Register
Log In
Forget your Password?

Home
Directory
Bulletins
Forums
Blogs
Articles
Links
Classifieds
About Us
Contact Us
Advertise
FAQ
Privacy Policy


Discussion
<< get older messagesget newer messages >>
to post a message: login - or - register | search messages | show all replies



[+] FINANCIAL DIMENSIONS - eblas/NV (12 replies)
4/1/2009 3:07:19 PM (3228 views)

PA TIRBOP rate increase pending - Diane Cipa/PA
4/1/2009 9:10:17 AM (3087 views)

[+] Global Data Source Titleprep.com - Sherry Dungan/MS (10 replies)
3/31/2009 1:57:59 PM (3673 views)

Mid-Atlantic Title - Charlotte NC - Kenneth Signor/SC
3/30/2009 6:26:57 AM (2730 views)

[+] ACCURATE TITLE RESEARCH - t kay/VA (3 replies)
3/29/2009 10:45:44 AM (3454 views)




[+] Interested in sharing client list with out-of-state abstractor - Mike Toebe/KS (1 reply)
3/27/2009 2:44:57 PM (3254 views)

[+] RELS sent work to ValuAmerica but no orders? What happened? - Mike Toebe/KS (1 reply)
3/27/2009 2:40:25 PM (3594 views)

"House Theif" - George Booth/OH
3/27/2009 7:58:56 AM (3674 views)

[+] Lloyds of London - Constance Foye/VA (6 replies)
3/26/2009 2:04:49 PM (3066 views)

[-] BRB Abstracting - R/WI (4 replies)
3/25/2009 8:40:37 PM (3678 views)
Re: BRB Abstracting - Robert Franco/OH
3/25/2009 10:23:50 PM (3802 views)

I don't know anything about BRB, but if they were liquidating it probably wouldn't be necessary to file bankruptcy.  Therefore, I wouldn't be surprised if nobody received notice of one.  As my bankruptcy professor says, "Of course, if you want to liquidate, you don't need to file bankruptcy, just walk away and the creditors will do it for you."  If you are liquidating in bankruptcy, you (the owner) aren't going to get anything anyway - you might was well let the creditors sue you in state court and fight over whatever assets are left.  Why waste money on a bankruptcy lawyer?

An involuntary bankruptcy is a possibility, but they are VERY rare for a good reason.  There is a lot of potential liability if you get it wrong.  Besides, it is rarely necessary - if you are owed money you have a better chance of getting it by racing to the courthouse and suing them.  Hiring an attorney to pursue collections might be expensive, but that would seem like pennies compared to what a bankruptcy lawyer would charge to file an involuntary bankruptcy. 

It would be interesting to know if the company is really still in business.  If they are, someone should sue them on principal.  We all know that this happens too often - the owners of these businesses keep getting away with it because nobody does anything about it.

Best,
Robert A. Franco
SOURCE OF TITLE

to post a reply: login - or - register


Re: BRB Abstracting - R/WI
3/26/2009 3:27:40 PM (3667 views)
Re: BRB Abstracting - William Pattison /CA
3/27/2009 11:28:46 PM (3504 views)
Re: BRB Abstracting - george Hubka/MI
3/30/2009 8:43:06 AM (3373 views)

[+] Breaking New(some): San Francisco County Report - William Pattison /CA (20 replies)
3/25/2009 12:58:58 PM (2986 views)

[+] A.F.S. of Nevada - Dan Zook/NY (1 reply)
3/25/2009 11:05:44 AM (2736 views)

Mark Randolph, Winston-Salem, NC and his wife, Lisa - Jean Allen/NC
3/24/2009 7:41:54 PM (5297 views)

E & O option - Mike/PA
3/24/2009 3:49:30 PM (2623 views)

PERRY & ASSOCIATES - cindy thomas/NY
3/24/2009 10:02:42 AM (2613 views)


<< get older messagesget newer messages >>

DISCLAIMER: These Message Forums are un-moderated and Source of Title does not endorse the content of any of the posts. Source of Title discourages libelous comments and you, as the sole creator of the content, take full responsibility for your remarks.
Directory

The Source of Title Business directory has 8961 listed companies.

Leave feedback on a company:
SOT ID #:  learn more...
DRN Title Search
Blogs

Read other users' blogs-- or start your own!

Most Recent Blog Posts:

The Source of Title - Part I: Freedom Written, Freedom Insured
Ben DuBay's Blog
2026/02/15
0 comments

Shared Driveway Agreements
Marissa Berends's Blog
2025/12/10
0 comments

Explain It Like I’m 5: FIRPTA Edition
Marissa Berends's Blog
2025/12/03
0 comments

Articles

Source of Title articles help to keep you informed on the state of the title industry.

NAR Pending Home Sales Report Shows 0.8% Decrease in January
“Improving affordability conditions have yet to induce more buying activity,” said NAR Chief Economist Dr. L...
Ruling Protects North Carolina Homebuyers from Predatory Contracts
The Superior Court of North Carolina, Wake County, granted summary judgment in favor of the North Carolina Department of...
Overall Housing Starts Inch Lower in 2025
“Single-family home building dipped in 2025 because of ongoing affordability challenges, fueled by high housing pr...
NAHB Expects Remodeling Growth in 2026 and Beyond
“There are many factors contributing to the continued growth of the remodeling market, including the aging housing...
Mortgage Applications Increase in Latest MBA Weekly Survey
“Mortgage applications rose last week as the lowest rates in four weeks helped to revive some refinance activity. ...

Search Articles:
browse...

Classifieds

Buy, sell, or trade! Browse the ads or post your own!

© 2020, Source of Title.