Towson law firm Pessin Katz Law, P.A. http://pklaw.com Thu, 21 Aug 2014 20:01:32 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 What is an asset in bankruptcy? http://pklaw.com/2014/07/10/what-is-an-asset-in-bankruptcy/ http://pklaw.com/2014/07/10/what-is-an-asset-in-bankruptcy/#comments Thu, 10 Jul 2014 19:54:51 +0000 tiffanyfranc http://pklaw.com/?p=3916 WHAT IS AN ASSET IN BANKRUPTCY? Bankruptcy requires Debtors inventory and value their belongings at replacement value (i.e. if you replaced that 10 year old sofa with the same 10 year old sofa, what would you pay?). While it sounds … Continue reading

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Restitution from Sallie Mae for Servicemembers http://pklaw.com/2014/07/01/3911/ http://pklaw.com/2014/07/01/3911/#comments Tue, 01 Jul 2014 16:09:08 +0000 tiffanyfranc http://pklaw.com/?p=3911 The Servicemembers Civil Relief Act is a law designed to provide extra legal protections for servicemembers entering the service, being deployed or otherwise called to active duty. The law also requires a cap on the interest rate charged on student … Continue reading

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The Biblical Case for Bankruptcy http://pklaw.com/2014/06/23/the-biblical-case-for-bankruptcy/ http://pklaw.com/2014/06/23/the-biblical-case-for-bankruptcy/#comments Mon, 23 Jun 2014 18:39:09 +0000 Jordan Klumpp http://pklaw.com/?p=3861 Most people who file bankruptcy do not have to do so simply because they lived beyond their means, there is usually a loss of income, a medical issue that has occurred, or a minor default on one credit card. Once … Continue reading

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Mekhi Phifer Files For Bankruptcy http://pklaw.com/2014/06/13/mekhi-phifer-files-for-bankruptcy/ http://pklaw.com/2014/06/13/mekhi-phifer-files-for-bankruptcy/#comments Fri, 13 Jun 2014 17:13:55 +0000 Jordan Klumpp http://pklaw.com/?p=3856 Back in May, reports surfaced that actor Mekhi Phifer filed for Chapter 7 bankruptcy in Los Angeles. Having accrued $1.2million in debt and only $67,000 in assets, Phifer and his wife allege they are unable to meet their monthly living … Continue reading

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BANKRUPTCY: It’s not a Dirty Word (Webinar) http://pklaw.com/2014/06/10/bankruptcy-its-not-a-dirty-word-webinar/ http://pklaw.com/2014/06/10/bankruptcy-its-not-a-dirty-word-webinar/#comments Tue, 10 Jun 2014 18:17:20 +0000 Jordan Klumpp http://pklaw.com/?p=3848 BANKRUPTCY: It’s not a Dirty Word (Webinar) Join us for a live webinar on Wednesday, Jun 25, 2014 12:00 PM – 1:00PM EDT             PK Law attorney Tiffany S. Franc, Esq. will present an informative Webinar on everything the average person needs to know about bankruptcy. … Continue reading

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Bankruptcy Basics http://pklaw.com/2014/06/10/bankruptcy-basics/ http://pklaw.com/2014/06/10/bankruptcy-basics/#comments Tue, 10 Jun 2014 17:10:57 +0000 Jordan Klumpp http://pklaw.com/?p=3854 Bankruptcy: A process established by Federal law that allows debtors to receive a discharge, or otherwise reorganize their debts after meeting certain requirements established in the Bankruptcy Code (11 U.S.C.). Debtor: the person or entity who owes a debt. (i.e. … Continue reading

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EEOC Wins Pay Bias Settlement in Hospitality Industry http://pklaw.com/2014/04/25/eeoc-wins-pay-bias-settlement-in-hospitality-industry/ http://pklaw.com/2014/04/25/eeoc-wins-pay-bias-settlement-in-hospitality-industry/#comments Fri, 25 Apr 2014 18:59:41 +0000 Jordan Klumpp http://pklaw.com/?p=3787 Extended Stay Hotels has agreed to pay $75,800 in a recent settlement of a pay bias lawsuit in which a female worker was paid less than male employees.  According to the Equal Employment Opportunity Commission’s (“EEOC”) suit, Extended Stay Hotels … Continue reading

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The New Maryland Minimum Wage http://pklaw.com/2014/04/18/the-new-maryland-minimum-wage/ http://pklaw.com/2014/04/18/the-new-maryland-minimum-wage/#comments Fri, 18 Apr 2014 17:40:55 +0000 Jordan Klumpp http://pklaw.com/?p=3781 The Maryland General Assembly has passed a new Minimum Wage law (the “MW” in this article), which when signed by the Governor, which is a foregone conclusion, will go into effect on January 1, 2015 (House Bill (HB) 295/Senate Bill … Continue reading

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One “Tip” That Won’t Soon Be Forgotten http://pklaw.com/2014/03/31/one-tip-that-wont-soon-be-forgotten/ http://pklaw.com/2014/03/31/one-tip-that-wont-soon-be-forgotten/#comments Mon, 31 Mar 2014 19:03:08 +0000 Jordan Klumpp http://pklaw.com/?p=3791 Recently, Philadelphia sports bar and restaurant chain Chickie’s & Pete’s (“C&P”) signed a consent judgment with the Department of Labor agreeing to pay current and former employees more than $6.8 million in back wages and damages for improperly taking tips … Continue reading

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Affordable Care Act Redux http://pklaw.com/2014/03/19/affordable-care-act-redux/ http://pklaw.com/2014/03/19/affordable-care-act-redux/#comments Wed, 19 Mar 2014 17:14:30 +0000 Jordan Klumpp http://pklaw.com/?p=3748 Another delay in implementation of the Affordable Care Act (“ACA” or “Obamacare”) has prompted PK Law to update our material on the Act.  Here are some points to bear in mind as March 31 approaches: For Employers: The ACA’s “employer … Continue reading

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