Search for: "Debtors and Debtors in Possession"
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9 May 2021, 11:18 am
Working more may not be possible, so one can sell possessions on online marketplaces. [read post]
5 May 2021, 5:00 pm
To keep the lease the debtor has to cure the arrearage, which is the fundamental problem that has the debtor in bankruptcy in the first place. [read post]
23 Mar 2021, 11:57 am
Moreover, the insurers had waived their right to dispute the reasonableness of the fees when they failed to involve themselves in the defense of the insureds despite possessing the invoices for nearly six years. [read post]
22 Mar 2021, 5:55 am
Legalist, a San Francisco-based litigation finance company that uses technology to scour court dockets and determine the best cases in which to invest, is now expanding into bankruptcy, raising $50 million for a fund to provide debtor-in-possession financing to small businesses in bankruptcy. [read post]
21 Mar 2021, 11:14 pm
Code [Rights, powers, and duties of debtor in possession]. [read post]
18 Mar 2021, 6:43 am
A Chapter 7 bankruptcy will allow this and other debts to be discharged after the debtor’s non-exempt assets are liquidated. [read post]
16 Mar 2021, 9:04 am
The Debtor also argued that the Brunner Test has, over time, become too high a burden for debtors to satisfy. [read post]
12 Mar 2021, 6:48 am
Financial coaches never take possession of client’s funds. [read post]
11 Mar 2021, 7:58 am
When the bankruptcy court appointed a trustee, and thereby deposed [Debtor] as the debtor-in-possession, it stripped him of the ability to do—or to seek permission to do— any of those things. [read post]
10 Mar 2021, 12:23 pm
Your possessions are sold in bankruptcy. [read post]
9 Mar 2021, 9:00 am
The Seventh Circuit affirmed, concluding that by retaining possession of the debtors’ vehicles after they declared bankruptcy, the City had acted “to exercise control over” the debtors’ property in violation of the automatic stay. [read post]
8 Mar 2021, 8:05 am
” “Like the ethics rules, the Bankruptcy Code prohibits the involvement of lawyers who possess an ‘adverse interest. [read post]
6 Mar 2021, 9:33 am
Even if the business has no sale value, the trustee wants to avoid the potential liability of leaving the debtor in possession of an operating business. [read post]
3 Mar 2021, 6:04 am
When a debtor designates some piece of property as exempt, it leaves the bankruptcy estate, that mythical pile of possessions that the debtor entered bankruptcy with. [read post]
1 Mar 2021, 6:49 am
Employment Agreements Employment agreements are a type of executory contract that can be rejected in a bankruptcy case (subject to the business judgment of the trustee or debtor-in-possession). [read post]
1 Mar 2021, 6:49 am
Employment Agreements Employment agreements are a type of executory contract that can be rejected in a bankruptcy case (subject to the business judgment of the trustee or debtor-in-possession). [read post]
3 Feb 2021, 3:57 am
Enter into bankruptcy and sone/all of your possessions are gone. [read post]
2 Feb 2021, 6:37 am
The post SCOTUS Rules Retaining Bankruptcy Debtor’s Property Doesn’t Violate Automatic Stay appeared first on Constitutional Law Reporter. [read post]
25 Jan 2021, 7:30 am
Additionally, existing lenders to bankrupt debtors should be aware that contingent amendments to section 364 also provide that a debtor may obtain a PPP loan notwithstanding cash collateral or debtor-in-possession lending arrangements in place that would otherwise prohibit subsequent borrowing by the debtor. [read post]
22 Jan 2021, 1:16 am
The purpose of the legislation is to give the debtor time to sort things out and try to find a solution without the pressure of demands from creditors. [read post]
