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20 Jul 2012, 9:19 am
Unfortunately, a number of people consider filing for bankruptcy because of issues with creditors. [read post]
3 Dec 2012, 2:27 pm
The key factor is not to panic and assume that the creditor will be immediately able to garnish your paycheck, levy your bank account [...] [read post]
26 Jul 2011, 3:48 pm
No creditor or collection agency can [...] [read post]
19 Jul 2018, 2:40 pm
You don’t make payments back to your creditors in a Chapter 7 Bankruptcy. [read post]
6 May 2009, 11:21 am
Larry Ribstein has some pertinent comments about the rolling reinvention of debtor-creditor law going on as the Administration redistributes bankruptcy priorities away from traditional creditors and toward the UAW. [read post]
8 Mar 2021, 5:23 am
Essentially, discharge means the debt is forgiven or canceled, and the creditor has either agreed to the debt being wiped out or the creditor is prohibited from pursuing future payment. [read post]
14 Feb 2024, 5:30 am
Creditors with security interests are those who have a lien on assets. [read post]
13 Nov 2012, 11:15 am
March 1, 2012) that a judgment creditor is like an assignee of a membership interest. [read post]
26 Sep 2013, 3:00 am
. ___ (2014): When a debtor goes bankrupt and limited assets have to be divided between competing creditors, should unpaid taxes owed to the government be paid before the debts owed to other creditors? [read post]
19 Jun 2014, 8:05 pm
The standard does not require proof that the creditor deliberately violated the injunction. [read post]
28 Aug 2012, 4:12 pm
A 341 Meeting, also commonly known as a meeting of creditors, is an opportunity for creditors and the bankruptcy trustee to ask the debtor questions. [read post]
18 Jul 2011, 12:28 pm
Mere documentation of an unpaid balance, as the creditor proffered in LVNV Funding v. [read post]
20 Mar 2007, 7:08 pm
The Trustee’s job is to look after the interests of the creditors and see that they [...] [read post]
22 Oct 2007, 11:48 am
The simple answer is yes - if you can get the lender/creditor to agree. [read post]
15 Sep 2024, 3:30 am
This includes secured creditors, like mortgages. [read post]
27 Mar 2022, 7:41 pm
In bankruptcy cases, creditors have the right to file appeals. [read post]
5 Mar 2012, 9:00 am
The Creditor A creditor can file an adversary against the debtor. [read post]
29 Aug 2007, 8:17 pm
In such cases, the Supreme Court stated that the aggrieved creditor could get an equitable lien on the homestead although the creditor still could not force the sale of the house. [read post]
23 Dec 2021, 2:02 pm
If one creditor is paid but not others, that is considered a preferential treatment of that creditor and the trustee could look to that creditor for payment. [read post]
29 Sep 2014, 6:03 am
A writ of garnishment is a collection tool that gives the judgment creditor the right to collect a debt owed to the debtor. [read post]