Mon.May 18, 2020

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Who is a “Non-Statutory Insider” for Purposes of Determining Whether a Payment Was Preferential in Bankruptcy?

Foster Swift

One of the objectives of the Bankruptcy Code is to ensure that each class of creditors is treated equally. And one of the ways that is accomplished is to allow the debtor’s estate to claw back certain pre-petition payments made to creditors. Accordingly, creditors of a debtor who files for bankruptcy are often unpleasantly surprised to learn that they may be forced to relinquish “preferential” payments they received before the bankruptcy filing.

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10 Things You Buy Every Month That You Can’t Really Afford

Direct Recovery

Whether you are trying to improve your credit score, pay down some outstanding debts, or save money for the future, just about every personal finance expert will tell you that there are plenty of monthly expenses built into your budget that aren’t really all that necessary. In fact, many of those same experts would argue that you are currently spending a small fortune on unnecessary expenses that you simply can’t afford.

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Charity During The COVID-19 Crisis

Price Meese

Price Meese Shulman & D’Arminio, P.C. has found a unique way to give back to the local community during the COVID-19 Crisis. In recognition of the fact that local restaurants and shops are taking the economic hit particularly hard as a result of the stay-at-home orders, the Firm has provided each employee a credit of $100.00 to be used to purchase a gift card at a local restaurant or shop.

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Creditor v. debt collector: What is the difference?

Albuquerque Law

When individuals get calls demanding they repay their debt, it is easy for emotions, like fear and anxiety, to take over. However, one question remains: who is calling to collect the debt? Is it a creditor or a debt collection agency? This is an important distinction to make. How are they different? Many New Mexicans might believe that creditors and debt collectors are essentially the same.

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.