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Bankruptcy, Business Law, Family Law and Personal Injury
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Dealing With This Economy

December 3, 2011

demoWe have been busy at the firm helping our clients deal with this difficult economy. We have had some success recently filing Chapter 11's for a few individuals with multiple properties. A recent court ruling from the Middle District of Florida eliminated a major challenge to this type of bankruptcy. We have seen a drop in the number of Chapter 7 cases compared to last year but have been advised by the foreclosure attorneys that the next waive of foreclosures in coming soon. We expect to see a corresponding increase in Chapter 7 filings. Let us know if we can help you with your financial issues.

CurrentNews:

American Airlines Files Chapter 11

December 2, 2011

American AirlinesThe parent company of American Airlines filed for bankruptcy protection in late November, seeking relief from crushing debt caused by high fuel prices and expensive labor contracts that its competitors shed years ago. For most travelers, though, flights will operate normally and the airline will honor tickets and take reservations. American said its frequent-flier program would be unaffected.

Recent Events:

The Local Bankruptcy Scene

November 28, 2011

Bankruptcy Court In the Southern District of Florida, our firm has seen an increase in the unwillingness of Chapter 7 trustees to forgo the collection of potential funds. In Florida, an individual's exemptions in bankruptcy are guided by reference to state-not federal-law. An individual is entitled to certain exemptions of personal and real property. Generally, if an individual was over their exemption limit, i.e. having certain property not entitled to exemption, trustees would generally forfeit their right as administrator of the bankruptcy estate to sell the non-exempt asset if the asset was of little value or considered "unsellable." However, our firm has observed a recent uptick in the willingness of the trustee to sell non-exempt assets worth little, seemingly because trustees do not want to lose out on the potential collection of funds. Often, the sale generates funds in an amount that does little more than pay for trustee and professional fees. If you are considering filing for bankruptcy protection, it is imperative to consult with a bankruptcy attorney who can explain your options and offer pre-bankruptcy planning to avoid these common pitfalls.

Radio and Television Appearances

 

David W. Langley has appeared on a number of radio and television segments during the past several years.

Television Appearances:David Langley on WSVN

Help Me Howard - Dave Langley was featured on the consumer advocate program Help Me Howard on WSVN, Channel 7, Miami when he assisted a young woman injured in a Winn-Dixie store. Prior counsel abandoned the case after Winn-Dixie filed for Chapter 11. Howard Finkelstein put the client in contact with Dave Langley who assisted the consumer with her case. The segment can be viewed at http://www1.wsvn.com/features/articles/helpmehoward/DBM1078/.

NBC 6's Michael Williams - Dave Langley was interviewed by Michael Williams on WTVJ Channel 6 in Miami on April 20, 2005, the day President Bush signed the new bankruptcy laws into effect. The segment aired on the evening news and concerned the impact of the new bankruptcy provisions on the average consumer.

Radio Interviews :

WEXY-AM 1520 Fort Lauderdale, Florida - "Keepin' It Real" morning talk show with Remona Rey and Kimberly Mundell, March 23, 2004.

WGMX-FM 94.9 -The Monica Stanny Show, Marathon, Florida, January 4, 2005.

WQCS-FM 88.9 Fort Pierce - Jill Roberts Talk Show January 25, 2005.

WFLF-AM 540 Orlando, Florida - The Smith and Riley Show with Reagan Smith and Dave Riley January 26, 2005.

Video and Print Media:

David W. Langley has also served as an expert on bankruptcy matters for the filming of a video DVD on legal issues and was recently interviewed by the Sun-Sentinel for an article on bankruptcy issues.

Member: Florida Bar, Federal Trial Bar, Southern District of Florida, Bankruptcy Bar Association, Broward Bar Association, National Association of Consumer Bankruptcy Attorneys, American Bankruptcy Institute, Leadership Broward Foundation.