Know the law: When your tenant files for bankruptcy
Bankruptcy filings stop evictions. Under our Federal Bankruptcy laws, when a person files bankruptcy, all state court procedures, including unlawful detainers, must immediately stop. This is referred to as an "automatic stay." The automatic stay gives …
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Puerto Rico Fights to Restore Law Allowing Public Debt Revamp
Puerto Rico is trying to revive a law allowing its public agencies and utilities to restructure their mounting debt as Detroit and other U.S. cities have done. Creditors won the first fight in the case by persuading a federal judge in San Juan to throw …
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