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26 Jun 2023, 6:53 am by Daniel Miller
Court of Appeals for the Seventh Circuit recently rejected a bankruptcy trustee's avoidance and fraudulent transfer claims, holding that a debt purchase and sale agreement between a bankrupt debtor, its original creditor, and its new creditor was not avoidable because it did not qualify as a transfer of “an interest of the debtor in property. [read post]
6 Nov 2017, 9:00 am
​In this Learn About Law podcast & videoblog, attorney Kevin O'Flaherty of O'Flaherty Law discusses the Chapter 7 Bankruptcy process in Illinois including filing the bankruptcy petition, taking credit counseling courses, preparing bankruptcy schedules, appearance at the first meeting of creditors, and creditors' objections to discharge. [read post]
26 Oct 2018, 8:20 am
You look around your home, at the things you have, and the thought of selling everything to pay off creditors is understandably concerning. [read post]
17 Dec 2018, 10:39 am by leemedia
f you’ve already tried other alternatives to work with your creditors and have been unsuccessful either because the creditors were inflexible or because you were unable to follow through with your payments, it may be time to seriously consider bankruptcy. [read post]
16 Mar 2017, 8:36 am by Donald Maurice
Carol Harrell’s credit card account was charged off by the original creditor on Jan. 18, […] Donald Maurice [read post]
13 Dec 2010, 9:13 am by WISCONSIN LAW JOURNAL STAFF
Bankruptcy Discharge; exceptions; misrepresentation Where both the debtor and the creditor were engaged in a property flipping scheme, the creditor’s reliance on the debtor’s misrepresentations was not reasonable, and the debt can be discharged in bankruptcy. [read post]
31 Oct 2019, 7:46 am
The executor is also responsible for notifying the beneficiaries and known creditors of the decedent’s passing. [read post]
28 Feb 2024, 9:32 am by Amanda Scharber
This meeting is a chance for the trustee in your case and any creditors to ask questions. [read post]
15 Oct 2009, 5:37 am
  To start, if there are dividends that will be paid in the bankruptcy proceeding to creditors, it [...] [read post]
20 Jul 2018, 8:10 am
Debtors do not make payments back to their creditors. [read post]
21 Apr 2023, 5:01 am by Law Staff
When you fail to repay your debt, a creditor can file a lawsuit and get a judgment against you. [read post]
3 May 2007, 9:19 am
What happens when a creditor takes some action in violation of the Bankruptcy Judge’s Discharge Order? [read post]
11 Jul 2022, 5:30 am by Col Ovik
Once the petition is filed, a creditor’s meeting and confirmation hearing will be scheduled. [read post]
27 May 2014, 1:00 am by badmin
If you have defaulted on your debt payments you could be sued by your creditors for repayment. [read post]
20 Dec 2019, 11:14 am by leemedia
Reaffirmation is an agreement you make with your creditors to remain legally obligated to the debt during your bankruptcy case. [read post]
15 Jul 2020, 8:32 am
The reason for this is in Chapter 7 bankruptcy you do not make payments back to your creditors. [read post]
24 Jan 2019, 10:39 am by Sam
In the beginning, bankruptcy was a creditors remedy. [read post]