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In a chapter 13 case, to participate in distributions from the bankruptcy estate, unsecured creditors must file their claims with the court within 90 days after the first date set for the meeting of creditors. [read post]
30 Dec 2016, 10:00 am by Ryan Penhallegon
The Bankruptcy Code permits the trustee to avoid and recover from creditors for the benefit of all creditors of the debtor’s bankruptcy estate certain pre-petition transfers made within 90 days (and sometimes longer) of the debtor’s bankruptcy filing that would otherwise benefit one creditor at the expense of others. [read post]
30 Dec 2016, 10:00 am by Ryan Penhallegon
The Bankruptcy Code permits the trustee to avoid and recover from creditors for the benefit of all creditors of the debtor’s bankruptcy estate certain pre-petition transfers made within 90 days (and sometimes longer) of the debtor’s bankruptcy filing that would otherwise benefit one creditor at the expense of others. [read post]
26 May 2021, 9:47 am by Jim Beck
Second, the creditor can file a claim & delivery lawsuit and have a court order the property be turned over to the creditor. [read post]
19 Aug 2005, 12:18 pm
In this matter, the Court examined the question of whether a creditor has a cause of action against an attorney who counseled and assisted the debtor to transfer assets to the detriment of the creditor. [read post]
7 Jan 2008, 12:42 pm
  Any entity has “inside creditors”, or creditors of the entity, as well as “outside creditors”, or creditors of the members/shareholders/partners. [read post]
3 May 2011, 6:29 pm by Harry Barth
Unlike Corporations, however, LLC's also offers unparalleled asset protection from personal judgments and creditors (i.e., outside creditors). [read post]
23 Aug 2009, 6:58 pm
Inherited money or assets in most cases is not protected from the heirs' creditors. [read post]
11 Sep 2007, 1:06 pm
In 2005, in a blow to assignments for the benefit of creditors ("ABC") in California, the Ninth Circuit in Sherwood Partners Inc. v. [read post]
11 Sep 2007, 1:06 pm
In 2005, in a blow to assignments for the benefit of creditors ("ABC") in California, the Ninth Circuit in Sherwood Partners Inc. v. [read post]
1 Nov 2013, 12:14 pm by Jordan Bublick
The conversion is a fraudulent asset conversion as to a creditor whether the creditor's claim arose before or after the conversion if it was done with the intent to hinder, delay, or defraud the creditor. [read post]
11 Apr 2016, 7:44 am by Michel-Adrien
A trustee may rely on either regime but, outside of bankruptcy, creditors are restricted to provincial law. [read post]
20 Jan 2010, 6:11 am by Joshua Glazov
Yesterday, the trustee of Krahl's assets, Howard Samuels of Rally Capital Services, LLC, sent this letter to Krahl's creditors announcing his appointment, providing a preliminary introduction to the assignment for the benefit of creditors process (frequently called an "ABC"), and asking Krahl's creditors to submit affidavits identifying their claims against Krahl and the amount of money Krahl owes them. [read post]