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20 Jan 2010, 7:11 am
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]
20 Jan 2010, 6:11 am
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]
7 May 2009, 8:38 pm
is empowered to act on behalf of creditors. [read post]
30 Jan 2012, 9:05 am
First, if the collateral securing a debt is worth more than the outstanding debt (i.e., the creditor is “oversecured”), the creditor is entitled to receive the amount that has yet to be paid. [read post]
6 Mar 2017, 10:00 am
This meant that all creditors that filed a proof of claim in their case would be paid back. [read post]
31 Jul 2023, 4:19 am
Reporting Bankruptcy Fraud: Bankruptcy fraud undermines the integrity of the bankruptcy system and affects both honest debtors and creditors. [read post]
2 Dec 2013, 11:00 am
This is the period when creditors can make their claims. [read post]
17 May 2016, 1:00 pm
Such protection is increasingly necessary where an individual is being pursued by one or more creditors, particularly where those creditors may have obtained (or are about to obtain) judgments against the individual. [read post]
4 May 2011, 8:23 pm
Single member LLC do not have as strong of a protection and a creditor can apply for a foreclosure when it is shown that distributions will not satisfy the judgment within a reasonable amount of time. [read post]
13 Oct 2011, 9:46 am
Its provisions also include remedies for an individual if a creditor violates the stay. [read post]
30 Nov 2011, 6:00 am
Often this would lead to one creditor being paid more than the others. [read post]
20 Feb 2012, 7:00 am
As a result, laws are set up to void slick moves to defraud just creditors. [read post]
25 Jul 2009, 8:36 am
Certainly an aggrieved creditor will claim the transfer was a fraudulent transfer and that it was made with the intent to defraud the creditor. [read post]
8 Mar 2010, 6:46 am
Under state law, creditors couldn’t reach the house. [read post]
26 Jun 2011, 9:16 am
A creditor obtained a Florida judgment against the debtor. [read post]
30 Jan 2012, 3:00 am
As a result, laws are set up to void slick moves to defraud just creditors. [read post]
13 Oct 2011, 9:46 am
Its provisions also include remedies for an individual if a creditor violates the stay. [read post]
10 Jul 2010, 3:49 pm
A creditor could use a wage garnishment to collect as much as 25% of the debtor's take home pay. [read post]
29 Jun 2024, 9:02 am
If a creditor files a claim of fraudulent transfer against a debtor, the creditor has several options for remedies. [read post]
25 Jul 2009, 9:36 am
Certainly an aggrieved creditor will claim the transfer was a fraudulent transfer and that it was made with the intent to defraud the creditor. [read post]
