Mr.  Pryor has often commented that what separates  a successful case from one that ends poorly and with an unhappy client are details and a comprehensive understanding of the law.   He notes that there is a world of difference between a simple bankruptcy case and a complicated one.  Many practitioners who have handled basic bankruptcies  fail to understand the more complicated issues  resulting in unexpected  problems for clients.  For example, many assets are protected under bankruptcy law, but not all assets enjoy such protection.  A lack of sophistication could result in a client losing assets he had thought were protected. 

While the purpose of filing for  bankruptcy  is to walk away from debt, not all debt is dischargeable.  For example, while many believe that taxes are not dischargeable in bankruptcy, in fact, many can be discharged.  However, there are complex rules which govern and one can easily run afoul of them.   There are specific time periods  that govern the dischargeabilty of taxes.   If  one files for bankruptcy prematurely a tax which could otherwise be discharged is rendered nondischargeable.

Another example is the discharge of student loans.  The common wisdom is that student loan debt cannot be discharged in bankruptcy.  However, there are a series of new procedures which may be utilized to discharge certain student loans in whole or in part.

Businesses themselves that are in need of restructuring or a moratorium on the payment of debt can be saved from failure through the bankruptcy process.  In fact , there is an expedited procedure now available to smaller businesses that is both economical and  expeditious that enables certain businesses to repay creditors based not on the amount of the debt , but rather on their ability to pay.  This procedure could result in paying to creditors  only a fraction of the total liability.

Mr. Pryor also points out that bankruptcy is not the only solution to creditor problems, there are also non-bankruptcy alternatives including out of court workouts and common law compositions.

Martindale-Hubbell is the nationally recognized attorney review organization. It has not only granted Mr. Pryor the highest rating – “Av” – but since 2005 has selected him to join the short list of “The Bar Register of Preeminent Lawyers”.

My. Pryor has published numerous articles in both legal and general periodicals.



Most importantly, Mr. Pryor is compassionate, taking to heart your feelings and concerns, and is passionate in protecting his clients and their rights.