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16 May 2022, 1:46 pm
If your spouse says he or she will pay off a joint debt but fails to do so, a creditor may pursue you for payment. [read post]
16 May 2022, 9:50 am
A creditor could file a petition with the court if there is a debt. [read post]
16 May 2022, 8:28 am
Parents/relatives advancing funds towards a house also have the option of formally registering themselves as a mortgagee/creditor on the property. [read post]
16 May 2022, 8:28 am
Parents/relatives advancing funds towards a house also have the option of formally registering themselves as a mortgagee/creditor on the property. [read post]
15 May 2022, 11:02 am
It is not in dispute that the effect of such a sale in such a way is, once registered at HM Land Registry, to transfer to the purchaser the title originally held by the debtor, not some new title created in favour of the creditor/chargee. [read post]
15 May 2022, 11:00 am
These include protection of the assets against creditors of only one spouse, avoidance of probate, and protection of one spouse from unauthorized disposition of TBE property by the other.Regarding this last point, it is well settled in Florida that an estate by the entireties is vested in the husband and wife as one person, and neither spouse can sell, forfeit, or encumber any part of the estate without the consent of the other, nor can one spouse alone lease it or contract for its… [read post]
14 May 2022, 5:30 am
When a creditor has failed to obtain payments from the debtor, the creditor may sell the debt to a debt collector. [read post]
13 May 2022, 8:50 am
Creditors often need to address situations where debtors default on loans. [read post]
13 May 2022, 8:13 am
The Supreme Court in Mortimer was somewhat opaque on this, noting the “theoretical distinction between the two classes of creditors” but stating that “nor is it obvious that only involuntary creditors like tort plaintiffs should have the benefit of the doctrine while voluntary contractual creditors like commercial lenders should not, even if the equities in a given case may vary accordingly. [read post]
13 May 2022, 8:00 am
Probate only includes those assets subject to creditor claims, and the homestead is exempt from creditors, so it is not part of the probate estate. [read post]
13 May 2022, 7:34 am
Florida homestead law applies to three categories: (1) creditor protection against reaching a primary residence, (2) property tax exemptions and limitations on annual property value increases, and (3) restrictions on how a homeowner may devise property if there is a surviving spouse or a minor child. [read post]
13 May 2022, 6:39 am
Creditors and lenders are not going anywhere, and they have the power to put you into bankruptcy if you fail to meet your obligations. [read post]
13 May 2022, 3:00 am
” Coinbase users would become “general unsecured creditors,” meaning they have no right to claim any specific property from the exchange in proceedings. [read post]
12 May 2022, 7:02 pm
If the creditor is a child, does a wrongful removal – followed by an order commanding to return the child to the State in which he/she habitually resided immediately prior to the wrongful removal – constitute an obstacle to the acquisition of a new place of habitual residence by the creditor? [read post]
12 May 2022, 3:30 am
The company’s first quarter Form 10-Q tacked on the following sentences to the first paragraph of that risk factor, which appears on p. 83 of the filing: Moreover, because custodially held crypto assets may be considered to be the property of a bankruptcy estate, in the event of a bankruptcy, the crypto assets we hold in custody on behalf of our customers could be subject to bankruptcy proceedings and such customers could be treated as our general unsecured creditors. [read post]
12 May 2022, 2:25 am
The creditor filed a motion seeking to pierce the veil of Baldwin’s LLC and won the case on appeal. [read post]
10 May 2022, 9:30 pm
The Treaty of Peace memorialized the largest changes by including substantial guarantees to British creditors and confirming a trend in the law of nations toward shielding foreign debt from wartime predations. [read post]
10 May 2022, 12:21 pm
Probate rules shorten the timeframe for creditors to make claims and recover debts. [read post]
10 May 2022, 12:14 pm
They can also protect your assets against creditors, divorce, lawsuits, and more. [read post]
10 May 2022, 11:45 am
” The ECOA defines an “applicant” to mean “any person who applies to a creditor directly for an extension, renewal, or continuation of credit, or applies to a creditor indirectly by use of an existing credit plan for an amount exceeding a previously established credit limit. [read post]
