For many years, North Carolina law has required any individual and/or company performing construction work in excess of $30,000.00 to hold a North Carolina General Contractor’s License (exceptions for certain types of projects do exist). However, a substantial change went…
HSC is happy to extend congratulations to the Taylor Family and Northwest Cary YMCAs for another successful year of fundraising for its We Build People Campaign. While further donations continued to come in, on November 2nd our own Nan Hannah,…
It seems these days that folks are trying to get a handle on where the economy is going. If you have been involved in fundraising in the past few months, you learned that people will still give to improve their…
Throughout the supplemental proceedings process a number of orders might be issued by the Court, and debtors must follow the Court’s instruction closely. If a debtor fails to comply with the Court’s order, they can be punished for contempt. When…
Estate Planning is a vital issue for any individual to consider as it puts you in control of how your assets are distributed and allows you to choose who can make decisions regarding your finances and health when you are…
Supplemental examinations are a way for creditors and their attorneys to question a judgment debtor and learn more about assets that they possess during the post judgment collections process. Similar to the examination of a witness, the party may be…
When did you last truly think about your payment terms? How many of your customers have “stretched you out”? If you operate relying upon open accounts, do your terms match the way you actually bill? Let’s first think about the…
A judgment, once obtained, is not all encompassing, and in North Carolina, some debtors have the right to exempt certain property from the collections process. A North Carolina judgment creditor must provide notice of an individual debtor’s rights, and allow…
Once in a while, an attorney hears both sides of a sad story. Recently, our firm obtained a sizable judgment against a debtor. Subsequently, we learned that company had sold its assets to a competitor for a seven-figure sum. That…
Has a debtor ever tried to evade or get away from you by selling or giving away their significant assets? If so, did you feel like you had nothing that you could do? Well there are legal standards that might…
Many years ago, a lawyer for whom I have the utmost respect told me that he sat down every New Year’s Day and re-read the Rules of Criminal Procedure from start to finish. That is a tedious assignment to give…
Hannah Sheridan & Cochran is proud to announce that Chad Cochran has been admitted to practice before the United States Court of Appeals for the Fourth Circuit. Please join us in congratulating Chad on this exciting next step.
This June, in the companion cases SFFA v. Harvard and SFFA v. UNC, the US Supreme Court issued a ruling effectively eliminating the application of affirmative action in the college admissions process. While the immediate effects of the Court’s ruling…
If an individual or a corporate entity is owed money from another individual or corporate entity, taking legal action could potentially lead to the entry of a judgment against the party which owes you,…
Interrogatories are one more tool for judgment creditors to use to discover a debtor’s assets subject to an outstanding judgment. Interrogatories may be used to investigate bank information, personal property, real property, or other assets otherwise left undisclosed. As in…