|
Tran Singh LLP is pleased to announce that partner Brendon Singh has earned Board Certification in consumer bankruptcy law and partner and Susan Tran has earned Board Certification in business bankruptcy law and consumer bankruptcy law by the Texas Board of Legal Specialization (TBLS).
Board Certification is a mark of excellence and a distinguishing accomplishment, it indicates substantial, relevant experience in a select field of law as well as demonstrated, and tested, special competence in that area of law. The TBLS certifies attorneys in 24 select areas of law and paralegals in eight areas. The TBLS is the only organization authorized to provide this service to the citizens of Texas. The Board Certification process is rigorous and thorough with stringent, ongoing requirements after initial certification. In brief, an applicant must: have been in practice a minimum of five years with three years of substantial involvement in an area of law, complete TBLS-approved Continuing Legal Education course requirements, furnish at least 5 qualified, vetted references, provide extensive, relevant experience documentation and pass a comprehensive, daylong, specialty area examination.
In the wake of the enactment of the new bankruptcy forms, December 1, 2015, and Schwab v. Reilly, Judge Marvin Isgur gave guidance to debtors wishing to exempt "100% fair market value, up to the statutory limit" of assets from property of the estate. In particular, he found that if a debtor exempts a dollar value interest (such as in Schwab), any post-petition appreciation benefits the estate. However, if a debtor exempts a percentage interest (e.g. 100% fair market value), any post-petition appreciation benefits the debtor. |
RSS Feed