Bradley attorneys Jason Bushby and Greg Pipes were awarded a 2021 Azbee Mid-Atlantic Regional Award Of Excellence.
The Azbees honor the best in business-to-business media, recognizing outstanding work by B2B, trade, association, and professional publications. Bushby and Pipes were recognized for their detailed two-part article series in ABA Bank Compliance aimed at process-minded bank compliance professionals. The series walked through all the steps and pitfalls of providing coronavirus-related mortgage forbearance for consumers as well as actions to take in servicing the loan after forbearance is granted.
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A bankruptcy judge in the Middle District of Florida recently sustained a Chapter 7 trustee’s objection to a non-Florida resident debtor’s attempted claim of the Florida homestead exemption. Although the debtor had lived in her Florida home for more than 20 years, she was not a United States citizen or a permanent resident with a so-called “green card.” Additionally, none of the debtor’s family members also living in the home were citizens or permanent residents.
When she filed for bankruptcy, the debtor claimed an exemption in her home pursuant to the Florida homestead exemption. If allowed, this exemption would permit the debtor to exempt her residence from the bankruptcy estate and therefore prevent the Chapter 7 trustee from liquidating any equity in her residence to be distributed to her creditors.
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As part of its efforts to protect an estimated $9.3 trillion in retirement plan assets from increasing “internal and external cybersecurity threats,” the Department of Labor (DOL) has issued its first guidance ever concerning cybersecurity and retirement plans. The guidance is intended for three interested groups with a stake in retirement plan administration: the sponsors and fiduciaries of retirement plans; the entities providing administrative and other services to retirement plans; and plan participants and beneficiaries.
The DOL’s new “Online Security Tips” for plan participants and beneficiaries offer a user-friendly summary of the kind of steps that individuals should take in any case to protect their personal financial and other information from online security threats. But plan sponsors and fiduciaries should take special heed of the “Cybersecurity Program Best Practices” and “Tips for Hiring a Se
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