Apr 18

Author : Nick MesseOn October 17, 2005, President George Bush signed into law the 2005 Bankruptcy Abuse and Consumer Protection Act, the most sweeping reforms of United States Bankruptcy Laws in 25 years As a result, debt discharge from bankruptcies is not as easy as it once was Traditionally, those seeking to file bankruptcy could choose which plan worked best for them - Chapter 7 or Chapter 13 Now, that decision has been taken out of the hands of the filer A number of new requirements for those seeking relief were put into place as well as new guidelines for attorneys that specialize in this field Ann Arbor lawyers can provide guidance on these new laws

The “Means Test” - Bankruptcy applicants who wish to file for Chapter 7, or absolute bankruptcy, have to pass a “means test” first If the applicant’s net yearly income falls below the median income for their state, then they are eligible to file for Chapter 7 relief However, if their monthly income is above the state median and they are able to pay $100 per month to their debtors, then they are entitled to file Chapter 13, or the “wage earner’s plan”, in which a portion or all of their debts are to be repaid to their creditors over time This ability to pay $100 per month is calculated based on a formula that includes monthly income, monthly expenses and amount of debt

Mandatory credit counseling - As part of the reforms, bankruptcy applicants, before filing, must undergo mandatory credit counseling with a government approved counseling service before they are allowed to file bankruptcy A list of approved services can be obtained from the US Trustee Program or from Ann Arbor lawyers

Less ‘automatic stays” - Historically, filing bankruptcy gave the filer certain immediate protections from creditors and others such as debt collections and lawsuits Termed “stays” in legal terms, these advantages have changed under the new laws Immediate protection from evictions, driver’s license revocations, legal measures for child support and divorce no longer apply

Greater priority for child supports and alimony - Bankruptcy filings place a filer’s creditors in specific order to receive any funds collected Under the new laws, people who are owed child support or alimony receive higher priority on that list

Proof of income and tax returns required - Under the new laws, bankruptcy filers must now provide proof of income by providing their tax return for the past year If the filers have unpaid taxes, they must first pay these taxes before they can file for bankruptcy

Mandatory financial management education - After a bankruptcy has been approved, but before any debt can be discharged, the filer must complete training in financial management education from a government- approved financial management educator or program A list of these programs is available from the US Trustee Program or from Ann Arbor lawyers

Tougher on the lawyers - and more expensive - Part of the new reforms require bankruptcy attorneys to personally vouch for the validity of all information submitted for their clients This requires the attorneys to spend more time and effort of each case and consequentially, makes the fees for such services higher Unfortunately, this also makes it harder to find an attorney willing to handle bankruptcies However, Ann Arbor lawyers have the expertise and experience to meet these new requirements When faced with the possibility of bankruptcy, Ann Arbor Lawyers can help get you better understand the current bankruptcy laws and recent changes.

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Apr 18

Author : Nick MesseThe loss of a home is tragic under any conditions The loss of a home to bankruptcy is a tragedy However, there are measures within the Bankruptcy Code which will “exempt” a home from the bankruptcy process However, the debtor must be able to prove that, once debt is discharged, they are able to then make mortgage payments in a timely manner Aurora bankruptcy lawyers have the knowledge and experience to help you make that determination

Bankruptcy is a powerful tool to delay or prevent a foreclosure and give you time to reorder your finances Filing a bankruptcy petition for either Chapter 13 or Chapter 7 with Aurora bankruptcy lawyers results in the court issuing what is known as an automatic stay This action “stays” or stops many actions, such as debt collectors harassing calls, evictions and foreclosures, but only under certain conditions:
– The lender cannot obtain a motion to lift the stay - If you lender can convince the court that you are unable to retain your home - you are in arrears, you have no equity in your home and, even after the bankruptcy, you finances do not appear to allow to make the payments, then the count will very likely grant the motion to life the stay and the foreclosure will proceed

– The foreclosure notice has not already been filed - Many states have laws that require lenders to give homeowners advance notice of a foreclosure, sometimes as long as three or four months If, during that three or four months, you file for bankruptcy and the notice runs out before the bankruptcy is complete, the court will lift the stay and the foreclosure will proceed

Chapter 13 and Foreclosure
If you are in arrears on your mortgage and no means to catch up is apparent, then Chapter 13 bankruptcy may be your best option Chapter 13 is also know as the “Wage Earner” plan or “Reorganization Plan” in that it will allow you to stay in your home and pay off your arrearages over a length of time far longer than you probably could have negotiated with your lender on your own Aurora bankruptcy lawyers can assist you in understanding the Chapter 13 schedule

Chapter 13 bankruptcy petition will also absolve you of any second or third mortgage you might have on your home Your first mortgage is secured by the entire value of your home If the value of your home has dropped significantly, then there will be no value left over to secure the second or third mortgage As a result, the bankruptcy court will classify these other mortgages as “unsecured debt” And, unsecured debt is last in line to be paid off in a Chapter 13 filing and may, therefore, be discharged leaving you owing nothing on them

Once, borrowers were responsible for any tax losses incurred by the lender as a result of foreclosure But, thanks to a new law that took effect in 2007, you are no longer responsible for those losses However, you will not be protected from those taxes if the additional mortgages were not used for improvements to the securing property or if those loans were secured by other property, such as a second home

Chapter 7 and Foreclosure
Chapter 7 bankruptcy may not save your home As Chapter 7 is often referred to as “liquidation” bankruptcy, the court may order you to well you home in order to pay off debts Only if you have no equity in you home would Chapter 7 work to your advantage

Even if a Chapter 7 discharges the arrears on your home, you may still owe that amount to your lender Why? Because, when you bought your home, you signed two documents - one was a promissory note that indebted you to pay the mortgage and the other was an agreement that could be recorded as a lien in the event you failed to make your payments So, by this time in your difficulty, your lender has probably already recorded this second document as a lien against you And, even if the Chapter 7 discharges your debt, it has no effect on this lien against you so you will probably have to relinquish the house anyway as it was the collateral for the mortgage noteWhen faced with the possibility of bankruptcy, Aurora Bankruptcy Lawyers can help get your financial situation back under control.

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Apr 16

Author : Nick MesseEvery day people head out the door to earn a living While some of us work in fairly safe conditions, there are many folks who risk serious injury every single day

Let’s face it, even an office job has it’s hazards, although most times it’s the act of getting to work and home again that constitutes the most risk for most of us

However, let’s focus on people who work in construction They often toil in the great outdoors, on muddy work sites, operating heavy equipment, including the huge cranes that we see towering above large building projects

You only have to visualize the last time you were directed through a detour beside an office tower that’s taking shape or a road that’s being resurfaced to realize the potential for serious injuries With all the digging, dumping and maneuvering is it no wonder that things can go wrong?

This is not to say that risks cannot be minimized There certainly are rules and regulations and laws that are overseen by government organizations and safety watchdogs Construction companies and developers of real estate must provide training in the proper use of tools, and ensure a safe site for workers and the public alike

As you can imagine the list of construction accidents is long and gruesome It includes elevator accidents and falls from scaffolding or ladders, that can cause serious back or neck injuries, even death There can be risk of burns and electrocution, being hit by falling objects, or crushed by heavy equipment Sometimes toxic chemicals become unearthed, or can be mistakenly utilized by workers

If you are injured in a construction accident, make sure to follow some very simple steps to help you put together your personal injury claim Your recovery may take a long time and cost you a pile of money and you should be compensated for your suffering

First, get medical attention immediately Give the doctor all the details of your injuries, and what medication you may be on Be totally upfront and be sure to mention any prior injuries that may impact your treatment

Make statements only to your doctor or your attorney whether in person, by telephone, or in written form Get documentation in picture form of everything to do with your accident, including photos of your injuries, construction vehicles and their license plates, and the general accident scene Continue to chronicle your progress as the days go by and begin to heal

If you can, simply sketch the location, showing the location of objects and hazards If you are badly injured and taken to the hospital, ask one of your co-workers to do it, and also get emails, phone numbers, and addresses of any witnesses

While you are recovering, keep busy collecting the documentation that you will need to present your case Get a copy of the police report if there is one Write down all your visits to the doctor with details of your lab tests, prescriptions, any hospital visits, x-rays or MRI scans

Become a pack rat, keeping medicine bottles, casts, braces, anything that is evidence of what you are going through Keep a journal of the days you lost from work, and the corresponding lost wages, along with your thoughts on how this accident has impacted your life Keep the receipts from any taxi rides you needed to take to your appointments

In conclusion, the most important things to remember if you are injured on a construction site and believe that negligence is to blame, is to get immediate medical attention, and follow the doctor’s orders Do not discuss your injuries with anyone other than the medical people who are treating you Do not discuss the accident with anyone other than your own legal advisor

In order to get the best financial settlement, it is imperative that you employ an experienced personal injury lawyer who can navigate through the complexities of dealing with insurance companies For a free evaluation of your case and to find an experienced personal injury lawyer visit InjuryExperts.com - You will be contacted quickly by phone to schedule your free, confidential case review.

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Apr 16

Author : Nick MesseSometimes it seems that modern life is not based on the golden rule which states “do unto others as you would have them do unto you” This time honored premise seems now to exist in a slightly altered version which might read “when you feel that others have done unto you, seek compensation”

We have rules and laws for every conceivable circumstance making it possible for the average person to obtain huge monetary compensation for personal injuries of all types The endless list includes such things as medical malpractice, auto, truck and motorcycle accidents, product liability, work injury, construction accidents and birth injuries

Many professions are obligated to carry liability insurance for just the eventuality that a client will sue and seek compensation for an injury No matter what sort of injury a person has suffered there are lawyers who know the law and the insurance industry inside out They can access the huge pot of gold that is waiting for those who wish to play the blame game

Of course, the ultimate personal injury is death itself It used to be that if a person’s death was precipitated by the actions or negligence of another person, any damage claims would also die It was literally possible to get away with murder The guilty party would suffer punishment only if a victim lived, but if they died nothing would come of the situation The system was seen to be encouraging death and something had to be done

The twentieth century saw a complete change to this law when it became possible for the victim’s family or the estate to bring action against the person or persons that caused the death Lawsuits can be tried in a criminal court for punitive damages, or civil court for compensation No one disputes that punishment or money can replace a spouse, a parent, or a child, but money can help a family recover from the emotional and monetary loss they have suffered

As in other personal injury cases, wrongful death means that someone has died due to the negligence, misconduct, or intentional actions of another person Any number of instances can give rise to the death including construction accidents, defective products, automobile accidents, industrial mishaps, medical mistakes, and environmental causes

In each case, a valuable human being has been taken away from their family and the repercussions of that loss can affect, not only the husband, wife or children, but the extended group as well A terrible void has been created that compromises the mental health and the financial well being of everyone involved It is then that a family member will seek the services of a personal injury lawyer to begin a wrongful death claim, either on behalf of the family or the estate of the deceased person

The personal injury attorney has the skill to ascertain and establish that negligence exists and that the case can move forward These are the questions that must be asked Did the defendant have a duty to the deceased person? Did the defendant fail to perform that duty? Was the death caused by the defendant’s breach of duty? Have the survivors suffered damages as a result of the death of their family member?

If you have suffered the loss of a close family member and believe that the death was as a result of another person’s negligence, be sure to consult a personal injury lawyer as soon as possible A skilled professional will take certain things into consideration, such as the age of the person and estimate how much future earnings have been lost The will also determine the emotional impact that this death has dealt the family in order to help you win a fair damage award For a free evaluation of your case and to find an experienced personal injury lawyer visit InjuryExperts.com - You will be contacted quickly by phone to schedule your free, confidential case review. Article source - Info Articles.

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Apr 12

Author : Timothy RayneOutside the legal community, Dennis Rodman is well known for his ferocious defense and rebounding skill during his long career in the NBA as well as his tattoos, piercings and wild off-the-court partying lifestyle In the legal community, Mr Rodman is well known for causing an incident that led to a landmark tax law case, Amos v Commissioner, 2003 Tax Ct Memo LEXIS 330 (2003) which created new law allowing the IRS to tax Personal Injury settlements which include Confidentiality Provisions

The Amos v Commissioner Case
On January 15, 1997, Dennis Rodman was still in his heyday as a defensive specialist with the World Champion Chicago Bulls, and the Bulls were playing the Minnesota Timberwolves After scrambling for a loose ball, Rodman fell into a group of photographers on the sidelines As television cameras rolled, while getting up Rodman kicked a cameraman, Eugene Amos, in the groin Amos later sought treatment for groin and back injuries, filed a police report and retained a lawyer to pursue Personal Injury claims against Rodman Before a formal lawsuit was filed, the attorneys for Amos and Rodman negotiated a $200,000 settlement agreement, which included a Confidentiality Provision stating that Amos had to keep the nature and amount of the settlement secret

The Tax Court Case
Relying on well-settled law that Personal Injury settlements were not taxable, Amos did not claim the $200,000 as part of his gross income on his 1997 Tax Return To his surprise, the IRS claimed that he should have claimed the money as income because his injuries were minimal and the monies were really paid for the Confidentiality Provision

At the end of the case, the court determined that the $200,000 settlement had to be allocated between the amount paid for the Personal Injuries (which was exempt from taxation) and the amount paid for the Confidentiality Provision (which was taxable) Ultimately, the court arbitrarily allocated $120,000 to the Personal Injuries and $80,000 to the Confidentiality Provision

Practical Tips for Dealing with Confidentiality Provisions in Personal Injury Cases
Because, based on the Amos case, Confidentiality Provisions lead to tax consequences in Personal Injury cases, the following are some practical tips to avoid potential problems:

1 Don’t Agree to Confidentiality A Confidentiality Provision leads to tax problems If you can avoid it, do not agree to confidentiality To avoid problems or misunderstandings, be sure to indicate in all settlement demands that no confidentiality will be agreed to without additional consideration ($) and agreed upon terms regarding tax issues

2 If a Defendant Insists on Confidentiality, Get More Money in Settlement If a defendant requires privacy, it should come with a price Get significantly more money for the confidentiality

3 Allocate and Specify If money is being paid for injuries and confidentiality, make sure that a written settlement agreement allocates the money between the two In addition, be specific about the physical injuries which are being compensated for in the settlement Beware that all sums allocated to the confidentiality are taxable Also beware that the IRS may challenge the allocation and seek more taxes If the specific injuries being compensated for are listed in the settlement agreement, that helps bolster the argument that a majority of the money was paid for those injuries, rather than for secrecy

4 If Possible, Have the Defendant Indemnify the Plaintiff for Tax Consequences Usually parties wish to be done with each other upon the signing of a settlement agreement However, with the looming tax issues involved with Confidentiality Provisions, it is wise to try to get the defendant to indemnify your client for any unforeseen tax consequences That way, if your client pays taxes on the proceeds allocated to the Confidentiality Provision, but later the IRS challenges the allocation and additional taxes are owed, the defendant must pay them Tim Rayne is the author of numerous publications on Personal Injury Law and is a graduate of the Temple University Beasley School of Law’s Master’s in Trial Advocacy Program. Tim can be reached at http://www.macelree.com/traynelaw.

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Apr 12

Author : Timothy RayneAfter what seemed (to a plaintiff’s lawyer) like an almost endless string of pro-insurance company decisions out of the Pennsylvania appellate courts, insureds finally have a case to cheer about, Generette v Donegal Mutual Decided on October 23, 2008 by the Pennsylvania Supreme Court, the Generette case involves a pro-insured ruling relating to Underinsured Motorist Coverage (UIM)

The Facts

Josephine Generette suffered injuries while riding as a guest passenger in a motor vehicle that was involved in an accident caused by the driver of another vehicle Generette sued the other driver and recovered $25,000 She next recovered $50,000 in UIM benefits from Nationwide under the policy covering the car in which she was a guest passenger Then, when Generette sought recovery of $35,000 in UIM benefits which she purchased in her own single-vehicle policy with Donegal, which included a stacking waiver, Donegal denied coverage asserting two reasons First, Donegal claimed that Generette had waived stacking and, as such, could not stack the Nationwide and Donegal coverages Second, Donegal invoked the “Other Insurance” clause in her policy which stated:

“Other Insurance”"

If there is other applicable similar insurance available under more than one policy or provision of coverage:

The following priorities of recovery apply:

First: The [UIM coverage] applicable to the vehicle the “insured” was “occupying” at the time of the accident

Second: The policy affording [UIM coverage] to the “insured” as a named insured of family member

1 When there is applicable insurance available under the First priority:

a The limit of liability applicable to the vehicle the “insured” was “occupying” under the policy in the First priority, shall first be exhausted; and

b The maximum recovery under all policies in the Second priority shall not exceed the amount by which the highest limit for any one vehicle under any one policy in the Second priority exceeds the limit applicable under the policy in the First priority

The Lower Court Decision

Generette filed a declaratory judgment action in York County which she lost On appeal to the Superior Court, a three-judge panel reversed the trial court, but reargument en banc was granted and the majority sided with Donegal

The Holdings of the Pennsylvania Supreme Court

Ultimately, the Supreme Court decided for Generette and the opinion had two holdings:

1 The waiver of stacking did not apply to Generette because, as a guest passenger, she was not an “insured” under the Nationwide policy; and

2 The “Other Insurance” clause in Donegal’s policy was unenforceable because it conflicted with the public policy of the Motor Vehicle Financial Responsibility Law (MVFRL) to provide “excess” rather than “gap” UIM coverage

Holding 1: Stacking

The holding with regard to waiver of stacking involved analysis of three sections of the Motor Vehicle Financial Responsibility Law (MVFRL): Section 1702 (the definition of an “Insured); Section 1733 (Priority of recovery); and Section 1738 (Stacking):

Section 1702 Definitions

“Insured ” Any of the following:

(1) An individual identified by name as an insured in a policy of motor vehicle liability insurance

(2) If residing in the household of the named insured:
(i) a spouse or other relative of the named insured; or
(ii) a minor in the custody of either the named insured or relative of the named insured

Section 1733 Priority of recovery

(a) General rule Where multiple policies apply, payment shall be made in the following order of priority:

(1) A policy covering a motor vehicle occupied by the injured person at the time of the accident;

(2) A policy covering a motor vehicle not involved in the accident with respect to which the injured person is an insured

Section 1738 Stacking of uninsured and underinsured benefits and option to waive

(a) Limit for each vehicle When more than one vehicle is insured under one or more policies providing uninsured or underinsured motorist coverage, the stated limit for uninsured or underinsured coverage shall apply separately to each vehicle so insured The limits of coverages available under this subchapter for an insured shall be the sum of the limits for each motor vehicle as to which the injured person is an insured

(b) Waiver Notwithstanding the provisions of subsection (a), a named insured may waive coverage providing stacking of uninsured or underinsured coverages in which case the limits of coverage available under the policy for an insured shall be the stated limits for the motor vehicle as to which the injured person is an insured

The Supreme Court first reviewed the process of UIM recovery in which UIM coverage is triggered if the tortfeasor’s coverage is insufficient to cover the injuries Once implicated, UIM coverage is governed by Section 1733 regarding “Priority ” Under Section 1733, the injured party recovers UIM first from the vehicle occupied regardless of whether or not she is an “insured” or a guest passenger Then, if the benefits recovered are still inadequate, she can recover from any policies under which she is an “insured ”

Regarding stacking, the Supreme Court carefully reviewed the language of Section 1738 and determined that waiver applied only to an “insured” under both policies; in the Generette case, both the Nationwide and Donegal policies Since, under Section 1702, Generette was not an “insured” under the Nationwide policy, but instead was only a guest passenger, the stacking waiver could not be used as a bar to UIM coverage from Donegal

Accordingly, only Section 1733 was implicated which allowed recovery of UIM benefits first from Nationwide and second from Donegal

Holding 2: “Other Insurance”

The second holding of the Supreme Court struck down the Donegal “other insurance” clause (quoted above) The Court reasoned that, as is evident from Section 1733 and other holdings of the Supreme Court, UIM coverage in Pennsylvania is “excess” coverage rather than “gap” coverage In a prior opinion, Justice Cappy used these passages to eloquently explain the difference between “excess” and “gap” coverage:

The first category is referred to as “excess” UIM coverage, and aims to maximize the potential for full compensation to the injured insured Thus, excess UIM gives to the injured insured a fund that supplements the fund provided by the tortfeasor’s liability coverage, up to the injured insured’s UIM policy limits or until he is compensated for his losses The second category is referred to as “gap” UIM coverage It aims to place the injured insured in the same position he would have occupied had the tortfeasor carried liability coverage in an amount that matches the injured insured’s UIM coverage
Thus, gap UIM coverage gives to the injured insured a fund that fills in any gap between the tortfeasor’s liability coverage and the injured insured’s UIM
policy limit

Suppose that an injured insured is legally entitled to damages of $100,000; that the tortfeasor’s liability insurance is $20,000; and that the injured insured’s UIM coverage limit is $50,000 Under excess UIM coverage, the injured insured’s total recovery is $70,000, with UIM coverage of $50,000 being paid in addition to the amount the insured receives under liability coverage, $20,000 Under gap UIM coverage, the injured insured’s total recovery is $50,000, with the first $20,000 coming from the tortfeasor’s liability coverage and the remaining $30,000 coming from the injured insured’s UIM coverage, to fill in the gap between the tortfeasor’s liability coverage and the injured insured’s UIM coverage

Given the clear policy in Pennsylvania for “excess” rather than “gap” coverage, Donegal’s “Other Insurance” clause conflicted with the MVFRL and, therefore, violated public policy Therefore, it was invalidated The Supreme Court decided that Generette would be entitled to the $35,000 UIM coverage which she paid for and that “to hold otherwise would provide Donegal with a windfall benefit of avoiding paying coverage based on a policy provision at odds with the MVFRL “Tim Rayne is the author of numerous publications on Personal Injury Law and is a graduate of the Temple University Beasley School of Law’s Master’s in Trial Advocacy Program. Tim can be reached at http://www.macelree.com/traynelaw.

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