Partner Jim Lanik presented virtually at the Fraud and Forensic Conference, a virtual webinar hosted by the Ohio Society of CPAs on August 29, 2023. His presentation, “Bankruptcy Fraud,” gives an overview of the bankruptcy process, what it means to be in bankruptcy, the responsibilities of debtors, and more.
Jim Lanik, who specializes in business bankruptcy and municipal law, stated, “When somebody is on the verge of bankruptcy or financial problems, accountants need to think about everything they usually do in terms of fraud detection. And realize that when things get tough, people get desperate. Bankruptcy law and tax law are incredibly specialized areas and not something a professional should just dabble in. My experience is that people who don’t know a lot about bankruptcy don’t know what they don’t know. Generally, there’s a misconception that you don’t have to put everything you own through bankruptcy. When they file, someone might think they can keep their house or car out of bankruptcy. That’s not how it works.”
Related Content
Waldrep Wall Recognized in Chambers USA 2026 Guide
Waldrep Wall is pleased to announce that the firm has been recognized in Bankruptcy/Restructuring and Healthcare in the 2026 Chambers USA Guide, with eight attorneys also earning individual rankings across Bankruptcy/Restructuring, Corporate/M&A, and Healthcare, including a Band 1 ranking for Tom Waldrep. Highly regarded throughout the legal industry, Chambers and…
Waldrep Wall Welcomes Back John McNames as Counsel
Winston-Salem, NC – Waldrep Wall Babcock & Bailey PLLC is pleased to announce that John McNames has rejoined the firm as Counsel. John previously served as an Associate and later Partner at the firm from 2017 to 2022 and returns with expanded capabilities to enrich client service at Waldrep Wall.…
Waldrep Wall Associate Hector Quesada Featured in W&L Law Alumni Spotlight
Winston-Salem, NC – Waldrep Wall Babcock & Bailey PLLC is proud to announce that associate Hector Quesada has been featured in an alumni spotlight by Washington and Lee University School of Law. In the profile, Hector reflects on his journey from law school to his current practice in commercial bankruptcy and…
Your Goals.
Our Commitment.
Reach out today and let our experienced team guide you to the best possible solution.
No Comments yet!