ASSIGNMENT FOR BENEFIT OF CREDITORS

Simon PLC Attorneys & Counselors – October 2020 Memorandum ASSIGNMENT FOR BENEFIT OF CREDITORS Bloomfield Hills, Michigan – An assignment for benefit of creditors (“ABC”) is an alternative to formal bankruptcy [...]

PUBLICATION OF NEW AND EXPECTED CFPB FINAL DEBT COLLECTION RULES IN OCTOBER 2020

Simon PLC Attorneys & Counselors – September 2020 Memorandum PUBLICATION OF NEW AND EXPECTED CFPB FINAL DEBT COLLECTION RULES IN OCTOBER 2020 Bloomfield Hills, Michigan – In July 2020, the Consumer [...]

UPDATE ON MICHIGAN AND INDIANA – ANSWER TO COMPLAINT AND DEFAULT ENTRY DEADLINES

Simon PLC Attorneys & Counselors – August 2020 Memorandum UPDATE ON MICHIGAN AND INDIANA – ANSWER TO COMPLAINT AND DEFAULT ENTRY DEADLINES Bloomfield Hills, Michigan – When we rang in 2020 [...]

UPDATE ON OHIO DEBTOR COLLECTION PRACTICES – REQUIRED NOTICE TO DEBTORS FOR COLLECTION OF DEBTS INVOLVING RESIDENTIAL REAL ESTATE AS COLLATERAL

Simon PLC Attorneys & Counselors – July 2020 Memorandum UPDATE ON OHIO DEBTOR COLLECTION PRACTICES – REQUIRED NOTICE TO DEBTORS FOR COLLECTION OF DEBTS INVOLVING RESIDENTIAL REAL ESTATE AS COLLATERAL Bloomfield [...]

PANDEMIC EVENT ENDORSEMENTS – CAN COVERAGE BE TRIGGERED?

Simon PLC Attorneys & Counselors – June 2020 Memorandum PANDEMIC EVENT ENDORSEMENTS – CAN COVERAGE BE TRIGGERED? Bloomfield Hills, Michigan – Just over three months ago, as a business owner, you [...]

CHAPTER 11 BANKRUPTCY – SMALL BUSINESS REORGANIZATION ACT – SUBCHAPTER V

Simon PLC Attorneys & Counselors – May 2020 Memorandum CHAPTER 11 BANKRUPTCY – SMALL BUSINESS REORGANIZATION ACT – SUBCHAPTER V Bloomfield Hills, Michigan – The Small Business Reorganization Act of 2019 [...]

COVID-19 EVICTION AND FORECLOSURE MORATORIUMS

Simon PLC Attorneys & Counselors – Supplemental Interim April 2020 Memorandum COVID-19 EVICTION AND FORECLOSURE MORATORIUMS Bloomfield Hills, Michigan – The COVID-19 outbreak has impacted almost every part of our daily [...]

RESPONSE OF MICHIGAN COURTS TO COVID-19 PANDEMIC – CAN CIVIL LAWSUITS STILL BE COMMENCED AND PROSECUTED IN THESE UNCERTAIN TIMES?

Simon PLC Attorneys & Counselors – Supplemental Interim April 2020 Memorandum RESPONSE OF MICHIGAN COURTS TO COVID-19 PANDEMIC – CAN CIVIL LAWSUITS STILL BE COMMENCED AND PROSECUTED IN THESE UNCERTAIN TIMES? [...]

SBA Paycheck Protection Program (PPP) Loans under the CARES Act

Simon PLC Attorneys & Counselors – Supplemental Interim April 2020 Memorandum SBA Paycheck Protection Program (PPP) Loans under the CARES Act Bloomfield Hills, Michigan – In response to the COVID-19 crisis, [...]

Remedies for United States Creditors In Ontario, Canada

Simon PLC Attorneys & Counselors – April 2020 Memorandum Remedies for United States Creditors In Ontario, Canada Bloomfield Hills, Michigan – As U.S. business and trade crosses the border with Ontario, [...]

The Advantage of Indiana Judgment Liens

Simon PLC Attorneys & Counselors – March 2020 Memorandum The Advantage of Indiana Judgment Liens Bloomfield Hills, Michigan – A benefit for creditors seeking to enforce judgments in Indiana is the [...]

Complying with the 2018 Amendment to the Michigan Marketable Record Title Act (MRTA) (2018 PA 572)

Simon PLC Attorneys & Counselors – February 2020 Memorandum Complying with the 2018 Amendment to the Michigan Marketable Record Title Act (MRTA) (2018 PA 572) Bloomfield Hills, Michigan – The MRTA [...]

House Bill No. 4306: Michigan Legislature Enacts New Foreclosure Notice Requirements

Simon PLC Attorneys & Counselors – January 2020 Memorandum House Bill No. 4306: Michigan Legislature Enacts New Foreclosure Notice Requirements Bloomfield Hills, Michigan – On Thursday, December 12, 2019 Michigan Governor [...]

Michigan Court Rules: Scope of Discovery Proportionality Considerations

Simon PLC Attorneys & Counselors – December 2019 Memorandum Michigan Court Rules: Scope of Discovery Proportionality Considerations Bloomfield Hills, Michigan – The state of Michigan has enacted major changes to its [...]

Chapter 13 Bankruptcy Co-Debtor Stay

Simon PLC Attorneys & Counselors – November 2019 Memorandum Chapter 13 Bankruptcy Co-Debtor Stay Bloomfield Hills, Michigan – Creditors are all generally familiar with the automatic stay provided for under the [...]

Creditor Considerations as New York Legislature Passes New Limits on Confessions of Judgment

Simon PLC Attorneys & Counselors – October 2019 Memorandum Creditor Considerations as New York Legislature Passes New Limits on Confessions of Judgment Bloomfield Hills, Michigan – This summer the New York [...]

Simon PLC Attorneys & Counselors – September 2019 Memorandum Mortgage Servicing Rules: Small Servicer Exemption Considerations

Bloomfield Hills, Michigan – In 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”) was enacted and amended RESPA (Reg. X) and TILA (Reg. Z) and granted authority [...]

Simon PLC Attorneys & Counselors Receivership Case Studies

Simon PLC Attorneys & Counselors Receivership Case Studies Bloomfield Hills, Michigan – Court appointed receiver Frank R. Simon, Esq., along with the receivership and turnaround Team of Simon PLC Attorneys and [...]

Simon PLC Attorneys & Counselors Winners of TMA 2019 “Small Company Transaction of the Year”

                                    Simon PLC Attorneys & Counselors Winners of TMA 2019 “Small Company Transaction of [...]