Can an Attorney Represent Sample Clauses

Can an Attorney Represent a Debtor in a Chapter 7 but not in Connection as to a Reaffirmation Agreement? There are two approaches to this question. First, in In re Xxxxxxx, an Oklahoma court “mirror[ed] the Model Rule in allowing limits on the scope of representation where ‘reasonable’ and where the client gives ‘informed consent.’”73 There, the debtor was not represented by an attorney as to the reaffirmation agreement, as was such counsel’s practice.74 “[Condemning counsel’s practice[,]”75 the Court stated that “[c]ounsel that are unwilling to undertake and follow through on such duties should not accept employment in a Chapter 7 case, or if currently 65 Xxxxxx Xxxxxxxxx, Bankruptcy Attorneys’ Responsibility to Clients in Reaffirmation Agreements, 20 No. 2 Prof. Law 22,22 (2010). 66 Xxxx, supra note 4, at 381. 67 Xxxxxxxxx X. Xxxxx & Xxxxxxx Xxxxxx, Nine Traps and One Slap: Attorney Liability Under the New Bankruptcy Code, 79 AM. BANKR. X.X. 283, 291 (2005). 68 Xxxx, supra note 4, at 373. 69 FED. R. BANKR.P. 9011(b). 70 FED. R. BANKR.P. 9011(c). 71 Xxxx, supra note 4, at 376. 72 Xxxx, supra note 4, at 377. 73 399 B.R. 841, 851 (Bankr. N.D.Okla. 2009). 74 Id. at 844. 75 Xxxx, supra note 4, at 380. employed, should withdraw from all further representation of the debtor.”76 The Court took this position because the obligation to help client’s decide whether to surrender, reaffirm, or redeem secured debts is “one of an attorney’s primary and essential responsibilities, particularly after the passage of [BAPCPA], which made the decision more difficult and more complicated.”77 Additionally, “the responsibility for advising a debtor about the reaffirmation process and evaluating the effect of each agreement [is laid] at the feet of debtors’ counsel.”78 Alternatively, in In re Xxxxxxx, the court “endorsed de facto partial withdrawal as a potential solution.”79 There, the court did not believe a lawyer refusing to certify a reaffirmation agreement should withdraw, but that such lawyer should even help the client prepare the proposed agreement.80 The court “found that it might be consistent with the lawyer’s professional responsibilities for the attorney to help the client ‘achieve an objective that the client has a right to seek but the lawyer recommends against.’”81 As discussed by Xxxxxx Xxxxxxxxx, the Xxxxxxx approach has three implications.82 First, how should a court treat the reaffirmation agreement of a debtor who is unrepresented as to the agreement, but was represented in the bank...
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  • CHANGING THIS AGREEMENT We may change this Agreement, including (for example) changing the addresses and telephone numbers you should use to contact us, changing fees, adding new fees, changing the Daily Periodic Rates and corresponding APRs or increasing your required minimum payment. We may change this Agreement based on economic or market conditions, our business strategies or for any other reason (including reasons unrelated to you or your Account). Any changes we make to this Agreement may apply to new transactions and/or then-existing balances as described in any notice we are required to provide to you. We will notify you of changes to this Agreement as required by applicable law. We will mail any required written notice to the address we have on file for your Account.

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  • THE BROKER REPRESENTS THE BUYER The broker becomes the buyer’s agent by entering into an agreement to represent the buyer, usually through a written buyer representative agreement. A buyer’s agent can assist the owner but does not represent the owner and must place the interests of the buyer first. The owner should not tell a buyer’s agent anything the owner would not want the buyer to know because a buyer’s agent must disclose to the buyer any material information known to the agent. IF THE BROKER ACTS AS AN INTERMEDIARY: A broker may act as an intermediary between the parties if the broker complies with The Texas Real Estate License Act. The broker must obtain the written consent of each party to the transaction to act as an intermediary. The written consent must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. The broker is required to treat each party honestly and fairly and to comply with The Texas Real Estate License Act. A broker who acts as an intermediary in a transaction: (1) shall treat all parties honestly; (2) may not disclose that the owner will accept a price less than the asking price unless authorized in writing to do so by the owner; (3) may not disclose that the buyer will pay a price greater than the price submitted in a written offer unless authorized in writing to do so by the buyer; and (4) may not disclose any confidential information or any information that a party specifically instructs the broker in writing not to disclose unless authorized in writing to disclose the information or required to do so by The Texas Real Estate License Act or a court order or if the information materially relates to the condition of the property. With the parties’ consent, a broker acting as an intermediary between the parties may appoint a person who is licensed under The Texas Real Estate License Act and associated with the broker to communicate with and carry out instructions of one party and another person who is licensed under that Act and associated with the broker to communicate with and carry out instructions of the other party. If you choose to have a broker represent you, you should enter into a written agreement with the broker that clearly establishes the broker’s obligations and your obligations. The agreement should state how and by whom the broker will be paid. You have the right to choose the type of representation, if any, you wish to receive. Your payment of a fee to a broker does not necessarily establish that the broker represents you. If you have any questions regarding the duties and responsibilities of the broker, you should resolve those questions before proceeding.

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