Daniel Staeven

Dan has spent his career working with distressed individuals and businesses. His insolvency-based practice does workouts, restructuring, negotiations, and bankruptcy for consumers and entities. Dan also works on real estate transactions representing the buyer or banking institution in a property transaction or properties in distress.

The experience and knowledge of dealing with loan documents supports all different kinds of parties to a transaction. Dan’s practice has intersected many times in federal tax and state tax areas. Dan regularly files bankruptcy cases for individuals to work with tax debt. These workouts take many forms and one size does not fit all. It is Dan’s experience to craft a resolution for each individual case.

Dan has been on the cutting edge of the new small business bankruptcy law practice. He has filed many cases in Maryland and the District of Columbia under Chapter 11, Subchapter V, and recently had 2 cases in 2021 confirmed under consensual plans.

University of Maryland - Baltimore

J.D. (2004)

2001 - 2004

Activities: Business Law Journal, Associate Articles Editor 2002-2004

Johns Hopkins University

B.S. (2001) | Business Management

1998 - 2001

Director

Frost & Associates, LLC

2020 - Current

Dan has spent his career working with distressed individuals and businesses. His insolvency-based practice does workouts, restructuring, negotiations, and bankruptcy for consumers and entities. Dan also works on real estate transactions representing the buyer or banking institution in a property transaction or properties in distress. The experience and knowledge of dealing with loan documents supports all different kinds of parties to a transaction. Dan’s practice has intersected many times in federal tax and state tax areas. Dan regularly files bankruptcy cases for individuals to work with tax debt. These workouts take many forms and one size does not fit all. It is Dan’s experience to craft a resolution for each individual case. Dan has been on the cutting edge of the new small business bankruptcy law practice. He has filed many cases in Maryland and the District of Columbia under Chapter 11, Subchapter V, and recently had 2 cases in 2021 confirmed under consensual plans.

Associate Articles Editor

Business Law Journal-- University of Maryland Law School

May, 2004

None

None

Maryland Bar Association  # 0412150319

Member

Current

Virgina Bar Association  # 96358

Member

2021 - Current

The District of Columbia Bar  # 888273436

Member

2019 - Current

District of Columbia

District of Columbia Bar

ID Number: 888273436

Since 2019

Maryland

Maryland Court of Appeals

Since 2004

Virginia

Virginia State Bar

ID Number: 96358

Since 2021

• Free Consultation
  I give free consultations for bankruptcy and foreclosure defense cases. During that consultation, I describe the bankruptcy process, the documents required, and my fee arrangements.
• Credit Cards Accepted
• Rates, Retainers and Additional Information
  Credit Cards accepted for non-bankruptcy work. Debit Cards, cash, check, or someone else paying with a credit card are accepted for bankruptcy cases.

Bankruptcy

Chapter 11 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Debt Relief

Business Law

Business Contracts, Business Dissolution, Business Finance, Business Formation, Business Litigation

Real Estate Law

Commercial Real Estate, Easements, Mortgages, Residential Real Estate

Foreclosure Defense

Tax Law

Business Taxes, Income Taxes, Payroll Taxes, Property Taxes, Sales Taxes, Tax Appeals, Tax Audits

Q. I filed a Chapter 7 bk in 20'. Bank never picked up, sold home now some stranger harassing me for it. Could I buy title?

May 12, 2023

A: There is some good news and bad news in this situation.

If you never paid the remaining balance due on the car, you do not own the car and the lien on the car remains with the lender. The good news, however, is that you are not responsible for any of the debt associated with the car purchase.

The problem here is that you are holding onto a car that you didn't pay for after your case. Furthermore, you have put money into maintaining the car since the bankruptcy case. Frankly, the money you put into the car is simply lost or can be viewed as a cost of using the car since your bankruptcy discharge in 2020.

The party attempting to retrieve the car is probably someone who bought the lien at a discount from your lender for the car. Truly, the car belongs to that party as they are the successor to the original lienholder. You may be able to negotiate with them about buying the car from them for the lien release. After all, the purchaser of the lien probably only put out 20-30% of what was owed to purchase its new interest in the car. If those numbers don't work out for you, you will have to turn the car over to this party.

I don't think you want to truly let this matter go to court as you will, likely, be sued for these costs that are occurring after your bankruptcy was discharged and you are liable for now.

Good luck in your future endeavors. ... Read More

Q. I recently had a repossession on my car I decided to file bankruptcy to obtain the automatic stay. When I presented th….

May 10, 2023

A: While the automatic stay prevents the repossession from resulting in a sale of the vehicle, you must complete all the required filings for the purposes of prosecuting your bankruptcy case.

It is best to use counsel experienced in these types of situations to assist in completing the required paperwork for your case.

Good luck in your case.

Q. The tenant of my property in MD is military and his contract ends on 5/31/23. I was planning on giving him a 60 day not

March 23, 2023

A: While the Servicemembers Civil Relief Act provides protections for financial and legal transactions while in the military, I don't believe the Act confers greater rights than a person can have in a situation like the one you describe. If a person is renting your property, you have the right to give them the proper notice to vacate the premises. If your lease requires notice prior to the lease ending stating you will not renew, you must give that notice in the time specified in the lease. Further, if you do not sign a new lease and simply want the property back giving a notice of 60 days seems reasonable in this situation. It seems absurd that once you rent to a military person you cannot give them notice based on the provisions of the lease to move from your property.

Good luck in your future endeavors. ... Read More

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