Other Practice Areas
Our firm has been committed to representing the interests of active duty service members, retired service members, members of the reserve forces of the United States and veterans affairs for the past 30 years. David Waltrip has been admitted to the Court of Military Appeals and has appeared before and argued cases before various Courts of Military Review and has been involved in matters before the different services Boards for the Correction of Military Records. In addition to representing service members at Courts-Martial’s, our firm represents individuals involved in dissolution of marriage proceedings, custody and child support matters and other matters involving domestic relations. David has represented veterans before the Veteran’s Administration for claims arising from their military service. David has also been appointed as the Court appointed Attorney ad Litem for active duty service members under the Service Members Civil Relief Act and has handled matters involving Veterans Re-Employment Rights. David is well known throughout the legal community for his knowledge of military law issues and he has been consulted by judges involving legal issues for service members. Our firm is intimately familiar with and has a thorough knowledge of matters that are unique to and involve legal matters that arise from military service.
Banking And Creditors’ Rights
Our firm’s experience is able to provide a diverse client base of financial institutions and borrowers with personalized service to meet each client’s specific needs. We have represented both lenders and borrowers in financing and investment transactions from documentation to closing, such as construction loans, permanent loans, revolving lines of credit, letters of credit, and other forms of financing secured by various forms of real and personal property. In addition, our firm has extensive experience representing financial institutions and other business and individual creditors in matters such as:
- Secured Lender/Creditor Rights, both bankruptcy and non-bankruptcy
- Unsecured Creditors’ Rights
- Non-bankruptcy Corporate Financial Restructuring
- Non-bankruptcy Secured and Unsecured Credit Restructuring and Workouts
- Distressed Assets and Corporate Mergers and Acquisition
Our firm handles a wide range of matters that involve both personal and business insolvency. The firm handles both debtor and creditor matters and represents parties involved in business reorganizations form the debtor, the creditor and various committees involved in reorganizations. The firm has represented parties in the following matters:
- Individual Chapter 7 Bankruptcies
- Businesses involved in Chapter 7 Bankruptcies
- Adversary proceedings
- Complaints Objecting to Discharge
- Chapter 11 Bankruptcies
- Representation of the Official Retirees Committee in Chapter 11 Bankruptcies
- Bankruptcy Appeals
- Business reorganizations
Waltrip & Schmidt, L.L.C., is considered a Debt Relief Agency as defined by the United States Bankruptcy Code, 11 U. S. C. § 526, 527, and 528. The attorneys at Waltrip & Schmidt, L.L.C. provide advice and assistance to debtors who file for relief and protection under the United States Bankruptcy Code.
Taxation — Individual, Business and Estate
The firm has vast experience with assisting current and former business owners with the workout and reduction of state or federal tax liabilities. We work to minimize or reduce the collection efforts of local, state or federal agencies where the client has significant personal wealth and wants to prevent an immediate, drastic turnover of assets. We advise clients on their ability to challenge or stop the various collection enforcement actions. Our representation also extends to challenges to the State Tax Commission for improper assessments of real property tax liability.
Real Estate — Commercial And Residential And Landlord/Tenant
Real estate is an important aspect of our practice. We provide legal support for acquisition and development transactions for a full range of property types, such as residential and income producing properties, shopping center retail space and condominium developments. Our experience in this area gives us the expertise to advise on and handle the more complex issues or goals that real estate purchasers and developers will face, such as title, environmental and survey due diligence issues, section 1031 like-kind exchanges and subdivision and rezoning matters. We also service the full range of client needs in the area of landlord/tenant law, from complex lease preparation and negotiation to Rent & Possession, Unlawful Detainer & Eviction actions. Last but not least we are experienced at resolving the full range of construction disputes including breach of contract, construction defects and mechanic’s lien matters. Sophisticated contract preparation and review services can also be provided.