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10 Feb 2022, 11:06 am
Data Entry Errors With the amount of information handled by creditors and credit reporting agencies, it is easy to understand why mistakes can happen. [read post]
10 Feb 2022, 5:30 am
Your 341 Meeting or the Meeting of Creditors is the opportunity for your Trustee and creditors to ask you questions about your petition and schedules, while under oath. [read post]
9 Feb 2022, 12:13 pm
One of these many reasons may be the Homestead Exemption and creditor protection delineated in the Florida Constitution. [read post]
9 Feb 2022, 12:13 pm
One of these many reasons may be the Homestead Exemption and creditor protection delineated in the Florida Constitution. [read post]
9 Feb 2022, 9:52 am
But understand this: If Spotify should ever go bankrupt, which in their case would probably be a reorganization bankruptcy, those lenders are going to stand in the secured creditors line and they will get paid in full or nearly in full well before Spotify meets any of its obligations to artists, songwriters, labels and music publishers, aka unsecured creditors. [read post]
9 Feb 2022, 5:30 am
This is typically only allowed in special circumstances such as where the debtor is using, or possessing, valuable property used to secure a debt owed to the creditor for which the debtor is not fairly compensating the creditor, to the detriment of the creditor’s rights (i.e. driving a car around with a loan against it and not making payments). [read post]
9 Feb 2022, 4:08 am
The revision should lead to effective and future proof legislation that will better inform and protect consumers and to create a more predictable environment for European creditors. [read post]
8 Feb 2022, 5:01 am
If state creditors alone were immune from suit, the bankruptcy process would be unfair. [read post]
8 Feb 2022, 4:00 am
In Re McGoey, 2019 ONSC 80, a bankrupt argued that two properties had been placed in trust for his children in 1995 and were not part of the assets available to his creditors in 2018. [read post]
8 Feb 2022, 3:35 am
One downside of joint tenancy is creditor exposure. [read post]
7 Feb 2022, 6:56 pm
The amicus listed existing protections for stockholders and creditors, including under federal securities laws and Delaware fiduciary duties. [read post]
7 Feb 2022, 1:41 pm
The defendants admitted that they had the funds to cover the PACA trust, but would need access to such amounts to pay other creditors. [read post]
7 Feb 2022, 8:11 am
COMPLIMENTARY WEBINAR FOR OUR CLIENTS & GUESTS Thursday, February 17, 20223:00 - 3:45 PM EST Creditor's Rights in 2022 Presented by James Vann Reserve Your Seat Now As a business creditor, how do you protect yourself for re-payment? [read post]
5 Feb 2022, 1:10 pm
Creditor Another important term to know is “creditor. [read post]
5 Feb 2022, 11:47 am
These companies work with your creditors … Read more [read post]
4 Feb 2022, 1:00 pm
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 throughout North Carolina. [read post]
4 Feb 2022, 8:21 am
The look-back period is 90 days for most creditors, and a year for creditors who are “insiders”. [read post]
4 Feb 2022, 3:42 am
When it enters into a commitment to a creditor, it matches it with an indemnity from the debtor, such that the risk it takes is that the recovery from the debtor will be less than the payment out to the creditor. [read post]
4 Feb 2022, 2:44 am
Instead, the creditor is limited to a “charging order” which only gives the creditor the rights of an assignee. [read post]
3 Feb 2022, 9:30 pm
District Court for the Eastern District of Louisiana promulgated a rule that replaced creditors’ state-law entitlements to enslaved collateral with federal public control of the enslaved in cases under the Act. [read post]