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



"House Theif" - George Booth/OH
3/27/2009 7:58:56 AM (3516 views)

[+] Lloyds of London - Constance Foye/VA (6 replies)
3/26/2009 2:04:49 PM (2893 views)

[-] BRB Abstracting - R/WI (4 replies)
3/25/2009 8:40:37 PM (3468 views)
Re: BRB Abstracting - Robert Franco/OH
3/25/2009 10:23:50 PM (3327 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 (3210 views)
Re: BRB Abstracting - William Pattison /CA
3/27/2009 11:28:46 PM (3061 views)
Re: BRB Abstracting - george Hubka/MI
3/30/2009 8:43:06 AM (2995 views)

[+] Breaking New(some): San Francisco County Report - William Pattison /CA (20 replies)
3/25/2009 12:58:58 PM (2824 views)

[+] A.F.S. of Nevada - Dan Zook/NY (1 reply)
3/25/2009 11:05:44 AM (2545 views)




Mark Randolph, Winston-Salem, NC and his wife, Lisa - Jean Allen/NC
3/24/2009 7:41:54 PM (5057 views)

E & O option - Mike/PA
3/24/2009 3:49:30 PM (2463 views)

PERRY & ASSOCIATES - cindy thomas/NY
3/24/2009 10:02:42 AM (2457 views)

[+] PILOT SEARCH COMPANY - cindy thomas/NY (1 reply)
3/24/2009 9:58:30 AM (2793 views)

[+] TitlePrep d/b/a Global Data Source LLC - Joyce Obrien/PA (2 replies)
3/24/2009 12:28:06 AM (3093 views)

[+] Credit Checks for Foreclosure searches - Laurie Puckett/TN (9 replies)
3/23/2009 3:04:21 PM (2921 views)

E&O Insurance - Kelly Schuler/TX
3/23/2009 8:58:05 AM (2253 views)

[+] ValuAmerica...third-party vendor manager...good or bad for industry? - Mike Toebe/KS (2 replies)
3/23/2009 7:42:37 AM (3254 views)

[+] another E&O question - Sheila Sten/PA (10 replies)
3/20/2009 5:44:24 PM (2805 views)

[+] AccuData Search.The Real Story..As I Knew It - AbstractorWatchdog com/NY (24 replies)
3/19/2009 8:04:09 PM (3612 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 8956 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:

Creative Ways Millennials and Gen Z Are Approaching Homeownership
Marissa Berends's Blog
2025/07/02
0 comments

How Another War in the Middle East Could Impact the Housing Market
Marissa Berends's Blog
2025/06/30
0 comments

The Aging of the American Homebuyer: A 40-Year Shift and Its Economic Impact
Marissa Berends's Blog
2025/06/20
0 comments

Articles

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

NAR Pending Home Sales Report Reveals 1.8% Increase in May
"Consistent job gains and rising wages are modestly helping the housing market," said NAR Chief Economist Lawrence Yun. ...
Mortgage Applications Increase in Latest MBA Weekly Survey
“The combination of the ongoing conflict in the Middle East, current economic conditions, and last week’s FO...
Elevated Rates, Challenging Affordability Conditions Put a Damper on New Home Sales
“Housing affordability conditions have pushed more buyers to the sidelines, as reflected in our latest builder sur...
Title Resources Group Appoints Natasha Branch as Underwriting Counsel for North Carolina
Title Resources Group, one of the nation's leading title insurance underwriters, is pleased to welcome Natasha Branch as...
ZOCCAM, U.S. Bank and Stewart Title launch solution for faster, more secure title payments with Request for Payment
"Real Time ZOCCAM’s use of Request for Pay is combatting wire fraud by removing the need to send or receive wiring...

Search Articles:
browse...

Classifieds

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

© 2020, Source of Title.