Fifty Cent’s Feud with Sleek Audio Continues in Bankruptcy Court: 50 Cents Headphone Deal Gets Da Club

Written by

Now, comes the matter of Sleek Audio versus Curtis James Jackson, III. In 2011, 50 Cent partnered with Bradenton, Florida based, Sleek Audio to create and market a headphones product, to be named Sleek by 50. 50 Cent invested $2 million dollars into the project. The partnership became acrimonious and 50 Cent decided to develop, on his own, a headphones product called Street by 50, under the brand to be named SMS Audio. Sleek Audio brought legal action against 50 Cent, for “misappropriating trade secrets, Read More +

Natural Born Citizen Defined – Part 3

Written by

III. ELIGIBILITY OF VARIOUS UNITED STATES PRESIDENTIAL CANDIDATES [Read Part I. REQUIREMENTS TO BE PRESIDENT OF THE UNITED STATES] After reading the writings and testimony of the Founders and Signors of the United States Constitution, the words of Emmanuel de Vattel, the evidence surrounding the creation of the 14th Amendment, and the findings of the United States Supreme Court, amongst other evidence, a reasonable thinker can determine what is the definition of a Natural Born Citizen, as such term relates to the United States Constitution.  In Read More +

Budgeting for the Christmas and Holiday Season (part 2)

Written by
blank

As a Bankruptcy Lawyer or Bankruptcy Attorney in Clearwater, Florida, many Clients have questions as to how to Budget their Finances during the Christmas and Holiday Season.  In the prior Blog Post, we discussed the first step of discerning what elements that are directly deducted from you Gross Income can be reduced. After you have determined your total monthly take home income, then determine what are your monthly expenses.  Write on the top of a piece of paper you take home income and then under Read More +

the Bankruptcy Filings of Donald Trump (part Two)

Written by
blank

SOME THINGS YOU PROBABLY DON’T KNOW ABOUT BANKRUPTCY AND DONALD TRUMP PART TWO OF TWO In the first part of this series of Articles on Bankruptcy and Donald Trump, the author explained some of the finer details of the Bankruptcy filings of Donald Trump, or specifically, his Corporations that filed Bankruptcy.  Donald Trump, as he has often stated, never filed Bankruptcy personally.  A number of Corporations formed by Mr. Trump have filed Bankruptcy, and Mr. Trump, in attempting a successful reorganization of these Corporations through Read More +

Ramifications of the Supreme Court’s Lawless Decision in Bank of America V Caulkett

Written by

MESSAGE FROM A BANKRUPTCY ATTORNEY IN CLEARWATER, FLORIDA PART TWO Jay Weller is a Bankruptcy Attorney in Clearwater, Florida. Jay Weller and Weller Legal Group have Law Offices in Clearwater, Port Richey, and Lakeland, Florida, and have filed over 40,000 Bankruptcies, since 1993. In order to understand this Article, please read Part One. What are the ramifications of the Supreme Court Decision in Bank of America v Caulkett? Why is its construction of the Bankruptcy Code important? Please note that the Supreme Court Decision in Read More +

is the Florida Prepaid College Fund and Similar Programs Exempt or Protected From Creditors and the Bankruptcy Trustee Under Florida Law?

Written by

Florida Statute Section 222.22 provides:   Moneys paid into or out of, the assets of, and the income of any validly existing qualified tuition program authorized by s. 529 of the Internal Revenue Code of 1986, as amended, including but not limited to, the Florida Prepaid College Trust Fund advance payment contracts under s. 1009.98 and Florida Prepaid College Trust Fund participation agreements under s. 1009.981, are not liable to attachment, levy, garnishment, or legal process in the state in favor of any creditor of Read More +

If A Court Finds That A Debtor Committed A Fraudulent Conversion of Assets, Then What Can A Creditor Do?

Written by

Florida Statute Section 222.30 provides that in an action for relief against a fraudulent asset conversion, a creditor may obtain: Avoidance of the fraudulent asset conversion to the extent necessary to satisfy the creditor’s claim. An attachment or other provisional remedy against the asset converted in accordance with applicable law. Subject to the applicable principles of equity and in accordance with applicable rules of civil procedure: An injunction against further conversion by the debtor of the asset or of other property. Any other relief the Read More +

What is A Fraudulent Asset Conversion in the State of Florida?

Written by

Florida Statute Section 222.30 states:   As used in this section, conversion means every mode, direct or indirect, absolute or conditional, of changing or disposing of an asset, such that the products or proceeds of the asset become immune or exempt by law from claims of creditors of the debtor and the products or proceeds of the asset remain property of the debtor. The definitions of chapter 726 apply to this section unless the application of a definition would be unreasonable. Any conversion by a Read More +

in the State of Florida There is No Exemption for Fraudulent Transfers

Written by

While the State of Florida has Laws that create Exemptions that protect a Debtor against garnishment, seizure or attachment of certain property owned by the Debtor, Section 222.29 of the Florida Statutes provides that there is no Exemption for Fraudulent Transfers.   Florida Statute Section 222.29 provides:   An exemption from attachment, garnishment, or legal process provided by this chapter is not effective if it results from a fraudulent transfer or conveyance as provided in chapter 726.

Are Pensions Exempt or Protected From Creditors and the Bankruptcy Trustee in Bankruptcy in the State of Florida?

Written by

Florida Statute Section 222.21 states: Money received by any debtor as pensioner of the United States within three months next preceding the issuing or an execution, attachment, or garnishment process may not be applied to the payment of any debts of the pensioner when it is made to appear by the affidavit of the debtor or otherwise that the pension money is necessary for the maintenance of the debtor’s support or a family supported wholly or in part by the pension money. The filing of Read More +