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21 Oct 2021, 2:48 pm by Francis Pileggi
The codification of the “absolute priority rule” to make stockholders wait until creditors are paid also was explored. [read post]
21 Oct 2021, 6:00 am by Susan
He practices in the areas of commercial transactions, creditor’s rights, bankruptcy, and agricultural and food law. [read post]
” In addition to urging the Bureau to treat fee-based EWA programs as credit covered by TILA, they urge the Bureau to rescind the advisory opinion or revise it to focus only on whether providers of free EWA programs are “creditors’ under TILA, revisit and potentially revoke Payactiv’s approval order (which they claim Payactiv is “misusing”), and supervise fee-based EWA providers under the CFPB’s authority to supervise payday lenders. [read post]
A creditor claiming that the transfer was done to protect from the client’s creditors in general, may not be enough to reach inside the TIST. [read post]
20 Oct 2021, 6:52 am by Robert Kraft
An irrevocable trust may also protect your assets from creditors or lawsuits upon your death. [read post]
19 Oct 2021, 12:04 pm
  The trustee for the bankruptcy ultimately decides to settle the pro se lawsuit for $50,000, with the money going to the estate -- and hence to the creditors of Mr. and Mrs. [read post]
19 Oct 2021, 8:56 am by Simmons & Schiavo, LLP
Second, the property, now in the name of the children, is exposed to all of their risk, whether that is divorce, creditors, or lawsuit, etc. [read post]
19 Oct 2021, 4:45 am
The automatic stay is a court order that prohibits creditors from collecting on debts owed by the debtor, with very limited exceptions (i.e. creditors to whom the debtor owes alimony or child support are not stopped by the automatic stay). [read post]
18 Oct 2021, 11:32 pm by Maria Hook
The issue arose again, in the same case, on an application for summary judgment by the plaintiff judgment creditor. [read post]
18 Oct 2021, 2:54 am by Allen Graves
However, it may be time to seriously look at your financial situation if you continually receive calls from your creditors. [read post]
18 Oct 2021, 2:49 am by NRF Digital Team
Readers are encouraged to read our previous blog post on the 2018 Companies Amendment Bill, where we delved deeper into the risks faced by creditors of a company with a rogue board arising from the fact that holding companies, through the proposed amendment, would be able to grant unrestricted financial assistance to their subsidiaries without oversight from its shareholders. [read post]
16 Oct 2021, 9:22 am by Antonio Leandro
For example, in the ordinary proceedings instituted by the debtor for opposing an enforceable order of payment obtained by the creditor, the debtor finds himself in different position from that of the creditor; a defendant, in ordinary civil proceedings, finds himself in a different situation from that of the claimant who has obtained – before or during the proceedings – an attachment order for the defendant’s assets. [read post]
15 Oct 2021, 8:55 am by LawGina
However, if the creditor is ultimately not paid in full then the creditor could try to obtain the balance from the co-debtor. [read post]
15 Oct 2021, 8:09 am by NWDRLF
Another important reason is if creditors are harassing you. [read post]
15 Oct 2021, 3:35 am by Cari Rincker
Keep in mind that since your death has been published to alert valid creditors, it is not uncommon for predators (fake creditors) to come forth and make demands for payment – even if they are not owed anything. [read post]
14 Oct 2021, 7:24 pm
When a debtor files for bankruptcy, this can put creditors in a difficult position. [read post]
14 Oct 2021, 9:27 am by James Vann
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]