The foreclosure crisis that affected the entire nation during the economic downturn of 2007-2009 created another crisis: an urban landscape filled with vacant and abandoned properties. While residential properties were empty because of foreclosures, commercial properties were abandoned because of the economic struggles of business owners. This, of course, raised the risk of vacant building fires.
Receivership and bankruptcy are two legal options used to address business financial distress, but they are different in their nature, purpose, and scope.
Receivership over Historic Properties Protected Under the Mills Act
September 15, 2022
The Mills Act protects properties that have historic value. What happens when a receiver takes control of a property that is protected by the Mills Act?
Addressing Animal Hoarding in Your Community
October 13, 2021
We have all heard the tragic stories associated with animal hoarding behavior. Someone will discover that a distressed property is filled with animals--sometimes dozens or hundreds of them--that are not being appropriately cared for.
The story of an abandoned property does not always start with the owner of the property packing up and walking away. Often, these properties belonged to someone who is now deceased and next of kin either can’t be found or doesn’t exist.
How Zoning Issues May Affect Community Safety in Your Neighborhood
February 23, 2021
Zoning in residential neighborhoods plays an important role in the safety and security of our communities. If you have ever lived in an area where there has been a zoning ordinance dispute, you likely already know about the complexities of emotions, local governments, and legal requirements.
Don’t Let a Partnership Dispute Destroy Your Business
January 4, 2021
Business partnerships are usually started with a shared vision and the best of intentions, and the goal of blending talents and resources to make a profit. The expectation is that partners will act honorably and for the good of the business.
How Hoarding Affects Property and Communities
December 21, 2020
According to the American Psychiatric Association, hoarding is a disorder in which someone has extreme difficulty discarding items that others may sometimes view as valueless. This disorder leads to extreme clutter and disrupts their ability to function in their living and workspace. Hoarding is not simply being messy or collecting something. Hoarding is an extreme accumulation of a variety of materials.
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