Bankruptcy

Bankruptcy attorney Matt Christensen explains debtor's exams and how they happen in Idaho State Courts. He also covers a list of exemptions that would apply to the collection of those judgments here in Idaho.

Below is a transcript of the video, formatted for readability. 

Hi, my name is Matt Christensen. I am a partner here at Johnson May. Today I am discussing debtor's exams, how those happen in state courts in the state of Idaho, and then exemptions that would apply to the collection of those judgments.

When a customer misses payments, it can be a top concern for your business’s profitability. If you need to collect and recover debt, you should explore all resolutions before it escalates to a litigation case. 

You will want to start by identifying the risks and determining if your situation will be successful. For example, what is the debtor’s financial situation? What are their business assets? Sometimes, you can settle disputes before taking them to the courtroom, and therefore, you could save time and litigation costs. 

If you are wondering where to begin, a business lawyer can advise you on the exact steps to take, whether you are in the pre-litigation stage or a legal battle. 

Here are four collection strategies to implement before pursuing a litigation case.

Our bankruptcy attorney Matt Christensen explains the 6 different bankruptcy types. He breaks down what the role of the creditor and the bankruptcy trustee are and what the purpose is in filing for each type of bankruptcy.

Hi, my name is Matt Christensen. Today, we will explore the various types of bankruptcy, their purposes, the key players involved, and the role of debtors in each case.

Under the bankruptcy code, there are six official types of bankruptcy:

Chapter 11, Subchapter 5 went into effect in February 2020. Discover what the new law means for you, how it affects small business bankruptcy, and how it could affect you.