Real Title Services
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



[+] Nationwide Title Clearing - Glenda Hodge/TN (5 replies)
4/2/2009 10:42:27 PM (3766 views)

[+] Help, need Info on Trademarks - george Hubka/MI (1 reply)
4/1/2009 10:01:40 PM (2915 views)

[+] Commercial 40 year searches - Steve/RI (9 replies)
4/1/2009 7:40:14 PM (3534 views)

[+] Companies in Maryland - Patrick/NY (1 reply)
4/1/2009 4:43:22 PM (2879 views)

BLACKSTONE COMPLETE TITLE - Joan Howland/CT
4/1/2009 4:37:42 PM (2613 views)




[+] FINANCIAL DIMENSIONS - eblas/NV (12 replies)
4/1/2009 3:07:19 PM (3353 views)

PA TIRBOP rate increase pending - Diane Cipa/PA
4/1/2009 9:10:17 AM (3174 views)

[+] Global Data Source Titleprep.com - Sherry Dungan/MS (10 replies)
3/31/2009 1:57:59 PM (3797 views)

Mid-Atlantic Title - Charlotte NC - Kenneth Signor/SC
3/30/2009 6:26:57 AM (2819 views)

[+] ACCURATE TITLE RESEARCH - t kay/VA (3 replies)
3/29/2009 10:45:44 AM (3550 views)

[+] Interested in sharing client list with out-of-state abstractor - Mike Toebe/KS (1 reply)
3/27/2009 2:44:57 PM (3349 views)

[+] RELS sent work to ValuAmerica but no orders? What happened? - Mike Toebe/KS (1 reply)
3/27/2009 2:40:25 PM (3678 views)

"House Theif" - George Booth/OH
3/27/2009 7:58:56 AM (3769 views)

[+] Lloyds of London - Constance Foye/VA (6 replies)
3/26/2009 2:04:49 PM (3182 views)

[-] BRB Abstracting - R/WI (4 replies)
3/25/2009 8:40:37 PM (3837 views)
Re: BRB Abstracting - Robert Franco/OH
3/25/2009 10:23:50 PM (4281 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 (4336 views)
Re: BRB Abstracting - William Pattison /CA
3/27/2009 11:28:46 PM (3945 views)
Re: BRB Abstracting - george Hubka/MI
3/30/2009 8:43:06 AM (3818 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 8975 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:

Practical Obscurity, Revisited
Blurbs from the Bossman
2026/08/06
0 comments

Beneath Every Closing Lies a Story
Michael Stelzer's Blog
2026/07/18
0 comments

Residential Appraisers: Reclaim Your Time
Will Duncan 's Blog
2026/07/09
0 comments

Articles

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

Source of Title Founder Running for Probate Judge
Mansfield attorney Robert A. Franco has announced his candidacy for Judge of the Richland County, Ohio, Probate Court.Fr...
Mortgage Delinquencies Decrease Slightly in the Second Quarter of 2026
“Mortgage delinquencies decreased slightly across all loan types in the second quarter of 2026. Nonetheless, the b...
Mortgage Applications Increase in Latest MBA Weekly Survey
“After five consecutive weeks of increases, mortgage rates declined slightly last week as oil prices dipped briefl...
NAR Meets with White House, DOL, and HHS Officials to Advance Health Coverage Options for Real Estate Professionals
“We support a rule that allows real estate professionals and other self-employed individuals to participate in hig...
NAR Existing-Home Sales Report Shows 1.7% Decrease in July
“Home sales have been remarkably stable, even amid the rising mortgage rate environment of the past few months,...

Search Articles:
browse...

Classifieds

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

© 2020, Source of Title.