News & Information
May 2014 News
Congratulations to Partner Charles M Ivey III on his recent recognition by the National Academy for Bankruptcy Attorneys as a 2014 Nationally Ranked Top 10 Attorney Award. This recognition simply adds to a long history of awards and recognitions presented to Charles Ivey, and is evidence of the immense experience and dedication he brings to the leadership…
Read MoreBankruptcy Glossary
Assets All tangible and intangible property that provides benefit, either real or potential, to its owner or potential owner. Bankruptcy A petition to place the financial affairs of an individual or a business that is having difficulties paying debts or is facing the inability to repay certain debts under the control of a bankruptcy court.…
Read MoreApril 2014 News
On April 15, 2014, ES2 Sports & Leisure, LLC, doing business as Proehlific Club at Forest Oaks filed for relief under Chapter 7 of the United States Bankruptcy Code. Shortly thereafter, Partner Charles M Ivey III was appointed as the active Chapter 7 Trustee in the case. ES2 Sports & Leisure, LLC was operating the facility known as…
Read More6 Step Checklist for Estate Planning
A Guide To Preparing for the Future It’s important to understand that wills and trusts are not just for the wealthy, the elderly or the infirm. You likely have worldly possessions that need to be distributed after your death but who takes care of your debts if you become ill and can’t do it yourself?…
Read MoreMarch Madness 2014
All is quiet on the IMGT front while the entire firm gets ready and geared up for March Madness! Several members of the firm are big ACC fans, including Samantha K Brumbaughwho is a big Duke University fan, Charles “Chuck” M Ivey IV who might be an even bigger Clemson University fan, John Blust who is an avid supporter of…
Read MoreFebruary 2014 News
On February 19, 2014, partner Dirk W Siegmund was successful in getting the Plan of Reorganization Confirmed in the Chapter 12 Case of In Re Garner. Chapter 12 Bankruptcies are an often unused form of relief available to individuals who are family farmers or family fishermen. Chapter 12 Reorganizations are often confusing and difficult to complete by attorneys who…
Read MoreHappy New Year 2014
Happy New Year and welcome to 2014! If you have any resolutions for this up and coming year, whether it’s finally getting your fiances in order, dealing with those tax debts that have been looming over your head, incorporating that new business you’ve been meaning to start, or getting your will finally drafted, now is a great time to get…
Read MoreDecember 2013 News
On December 3rd, 2013, Judge William L. Stocks, United States Bankruptcy Judge for the Middle District of North Carolina entered an Order finding in favor of Partner Darren McDonough and associate Justin Kay of Ivey, McClellan, Gatton & Talcott, LLP, and the Debtor’s claim against a bank. The Chapter 11 Debtor, an individual who owned over 50 rental properties,…
Read More36th Annual Bankruptcy Institute Statewide CLE Meeting
On November 22nd and 23rd, 2013, Partners James “Jim” Talcott, Dirk Siegmund, Samantha Brumbaugh, and Darren McDonough, along with associates Charles “Chuck” Ivey IV and Justin Kay attended the 36th Annual Bankruptcy Institute’s Statewide CLE Meeting, located at the Hilton Wilmington Riverside in Wilmington, North Carolina. Several interesting topics were discussed, including topics on the application…
Read MoreOffice Locations
Greensboro
305 Blandwood Ave
Greensboro, NC 27401
Phone: (336) 274-4658
Fax: 336-274-4540
Eden
551 Monroe Street
Eden, NC 27288
Phone: (336) 623-4600