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3 Aug 2022, 10:10 am by Brian Turetsky
  In addition, the creditor may not accelerate the payment of principal when implementing the rate change, so a careful reamortization of the obligation is required. [read post]
3 Aug 2022, 8:55 am by Lawrence Solum
” But an examination of a sample of current sovereign bond contracts reveals, to the contrary, numerous instances of harmful landmines--vague and apparently purposeful changes to standard language that increases a creditor’s nonpayment risk, coupled with blatant errors in expression and drafting and a continuing use of inapt terms that were historically imported from corporate transactions. [read post]
3 Aug 2022, 5:30 am by Col Ovik
 Actual intent such as to hinder a creditor may be inferred from the debtor's actions, like intentional undervaluing of assets or omitting assets. [read post]
2 Aug 2022, 10:38 am by James Vann
Email: webinar@vannattorneys.com Twitter: https://twitter.com/VannAttorneys and #NCBusinessLaw Facebook: https://www.facebook.com/vannattorneys/ Reserve Your Seat Now Raleigh, NC Business, Construction, & Creditor's Rights AttorneysVaried backgrounds and expertise of dedicated attorneys and staff providing clients with effective and efficient legal advice and representation… [read post]
2 Aug 2022, 7:59 am by Scott Riddle
Most case law has concluded that new value provided post-petition does not increase the creditor’s new value defense, so it logically follows that post-petition payments to the creditor also do not affect the preference analysis. [read post]
2 Aug 2022, 6:21 am
However, creditors will be able to collect joint debts from either spouse, regardless of how debts were allocated between spouses during their divorce. [read post]
Iowa’s Uniform Voidable Transaction Act A future creditor may void the transfer of an asset if the debtor made the transfer with “actual intent to hinder, delay, or defraud any creditor of the debtor. [read post]
1 Aug 2022, 3:31 pm by Joe Patrice
Piercing The Veil With A Chainsaw: The most important creditor for Alex Jones is Alex Jones. [read post]
1 Aug 2022, 2:53 am by Cari Rincker
Trusts, and less commonly, wills, can be crafted to include protective sub-trusts which allow your beneficiaries access but keep the assets from being seized by their creditors such as divorcing spouses, car accident litigants, bankruptcy trustees, and business failure. [read post]
30 Jul 2022, 7:55 am by Cathy Moran
Bankruptcy evens the odds in  the eternal tension between borrowers and lenders, debtors and creditors. [read post]
29 Jul 2022, 7:50 am by Cathy Moran
Federal law says if it’s community property, it’s all available to creditors in the bankruptcy of either ex spouse. [read post]
29 Jul 2022, 5:34 am by Brian Turetsky
  For closed-end credit, TILA and Regulation Z require creditors to disclose, before the credit is extended, clearly and conspicuously in writing, specific financing terms, including the identity of the creditor, the amount financed, the itemization of the amount financed, the finance charge, the annual percentage rate, and the payment schedule. [read post]
28 Jul 2022, 10:21 am by Bridget Crawford
Various rationales have been given, including informing beneficiaries of their rights and possible creditors of the estate. *** In terms of making the case for a general public interest in wills, an important factor is being able to understand and have an open debate about wealth inequality. [read post]
In addition to her conclusion about continuity, the court said the motion judge also erred in her failure to account for the court-ordered release from creditors’ claims (such as the one by the employee). [read post]
28 Jul 2022, 6:52 am
This means that creditors will be prohibited from taking any actions against the debtor while the bankruptcy case is ongoing. [read post]
28 Jul 2022, 5:30 am
In the wake of the 1857 financial crisis and the Civil War, debtors and creditors alike were in need of options for remedy. [read post]
The FHA and ECOA prohibit creditors from discriminating in home loans based on race, color, or national origin. [read post]
27 Jul 2022, 12:26 pm by Legal Profession Prof
The New York Appellate Division for the Second Judicial Department has suspended an attorney for six months as reciprocal discipline The respondent had an appearance on behalf of the plaintiff creditors in courtroom 164 for a trial in a bankruptcy... [read post]