Mr. Alan Roy Crane

American Bar Association; Palm Beach County Bar Association; Bankruptcy Bar Association for the Southern District of Florida; American Inns of Court LIV, Craig S. Barnard Chapter, Emeritus Member

Representative Experience: Represented a debtor who had $1.3 million in secured debt, comprised of four investment properties that were all upside down. In addition, he had $785,000 in unsecured debt. He was able to discharge all of his debts without paying anything to the bankruptcy estate.; Represented the husband/business owner in a divorce-custody proceeding. A negotiated settlement allowed him to retain ownership of the business, keep the marital home and gain custody of the minor children.; Represented a practicing dentist in bankruptcy who had IRS debt and an additional $488,000 in unsecured debt, and was behind on the mortgage payments on his principle residence. Loan modification allowed him to save his principle residence and reduce his interest rates. He was able to maintain the payments on his non-dischargeable student loans and pay other general unsecured creditors $1200 while saving all of his assets, including his professional practice.; Represented the victim of a Ponzi scheme created by a financial advisor. The financial advisor committed suicide after the Ponzi scheme collapsed and was exposed. A negotiated settlement with the financial advisor’s estate recovered the client’s’ life savings and her children’s college funds.; Represented a wife whose husband had been a successful doctor and owner of several businesses, including surgical centers. During the midst of their high profile divorce, the husband filed a Chapter 11 bankruptcy. Her domestic support obligations were protected and the court appointed a Chapter 11 trustee.; Represented a financial services professional and his spouse in bankruptcy. They had significant IRS debt, a second mortgage on their residence and over $300,000 in unsecured debt. The plan allowed him to keep all of his assets, pay the IRS over five years, strip and avoid the second mortgage and pay 17 cents on the dollar to his general unsecured creditors.; Represented the bankruptcy trustee where the debtor was a business that conducted clinical trials for most of the pharmaceutical companies in the world. A negotiated settlement with the storage facilities and the pharmaceutical companies prevented the loss of their records, which would have cost millions of dollars and delayed bringing drugs to market.