Simon PLC Attorneys & Counselors – March 2022 Memorandum Garnishing accounts? Don’t forget the crypto wallet. Troy, Michigan – As creative as creditors and their attorneys can be in terms of locating and executing against money and assets of a judgment debtor, many debtors are even more creative in looking for those places where they […]
Simon PLC Attorneys & Counselors – 2022 Update of Receivership Case Studies Note: This is an update to the article Receivership Case Studies published on August 12th, 2019. You can read the original article here. Troy, Michigan – Court appointed receiver Frank R. Simon, Esq., along with the receivership and turnaround Team of Simon PLC […]
Simon PLC Attorneys & Counselors – January 2022 Memorandum Update to Creditors regarding changes to the FDCPA – 12 CFR Part 1006 “Regulation F” Troy, Michigan – The Consumer Financial Protection Bureau (“CFPB”) has recently promulgated amendments to the Fair Debt Collection Practices Act (“FDCPA”) which went into effect as of November 30, 2021. The […]
Simon PLC Attorneys & Counselors – December 2021 Memorandum Homeowners Associations And Homeowners Beware: Airbnb, VRBO And Other Short-Term Use Rentals May Be Prohibited Bloomfield Hills, Michigan – Our Team’s focus has always been broader than just commercial and banking litigation. Simon PLC Attorneys & Counselors have experienced attorneys that have represented homeowners’ associations and […]
Simon PLC Attorneys & Counselors – November 2021 Memorandum SO YOU HAVE AN ILLINOIS JUDGMENT DEBTOR; WHAT DO YOU DO NOW? Bloomfield Hills, Michigan – Contrary to the belief of many, most defendants do not automatically pay judgments upon their entry. Plaintiffs, or judgment creditors, must actively seek collection on their judgments and in many […]
Simon PLC Attorneys & Counselors – October 2021 Memorandum CONFUSION AS TO DISTRICT COURT AMOUNT IN CONTROVERSY/SUBJECT MATTER JURISDICTION – THE EFFECT OF ABCS TROY V. LOANCRAFT, LLC Bloomfield Hills, Michigan – It has been said that trial courts jealously guard their jurisdiction and will not entertain lawsuits that fall outside. Through this approach, they […]
Simon PLC Attorneys & Counselors – September 2021 Memorandum LENDERS BEWARE OF CFPB MORTGAGE SERVICING COVID-19 FINAL RULE- A MORATORIUM ON FORECLOSURE Bloomfield Hills, Michigan – As we slowly emerge from the COVID-19 pandemic that has consumed and continues to consume this nation (and the world) for the past 18 months, the Consumer Financial Protection […]
Simon PLC Attorneys & Counselors – August 2021 Memorandum ENFORCEMENT OF MICHIGAN NON-COMPETE AGREEMENTS Bloomfield Hills, Michigan – Many employers require their employees to sign a contract preventing the employees from leaving and going to work for a competitor. These may be separate agreements or part of a larger employment contract, included as a “noncompete […]
Simon PLC Attorneys & Counselors – July 2021 Memorandum DON’T FORGET YOUR AFFIDAVIT$! AN ACCOUNTS STATED PRIMER. Bloomfield Hills, Michigan – On April 28, 2021, the Michigan Court of Appeals issued a decision in the case of Network Designs, LLC v. Music Hall Center for the Performing Arts, No. 351434 No. 351434, LC No. 18-009505-CB […]
Simon PLC Attorneys & Counselors – June 2021 Memorandum DEBT BUYERS MAKING YOUR CASE IN COURT Bloomfield Hills, Michigan – The rise in the number of assignments of purchased debts and claims have exploded over the years due to many factors, among them– the rise of revolving debt and personal debt, creditors seeing the sale […]