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22 Jun 2008, 5:53 pm
If you leave an inheritance to someone who has significant financial problems, the inheritance will be available to your beneficiary's creditors. [read post]
7 Mar 2009, 11:35 pm
This return is based on the value of potential creditors claims as at 27 March 2008 when Opes Prime went into administration. [read post]
16 Sep 2009, 8:04 pm
The automatic stay is a powerful provision in bankruptcy law that immediately stops nearly all collections and creditor actions against a debtor. [read post]
30 Jan 2013, 10:08 am by Thom Cooper
While it has long been possible to shield an inheritance you leave to a child against that child's creditors, Ohio law made it very difficult to shelter your own assets against your own creditors. [read post]
2 Jun 2011, 11:37 am
Sometimes in a debt settlement the creditor agrees to reduce your debt up to 40% of the total amount. [read post]
1 Feb 2012, 1:20 pm
Both of these powers are the same with one exception:  The general power allows the power holder to appoint the property to themself, their estate, their creditors, or the creditors of their estate. [read post]
29 Jun 2010, 10:00 am
Since unsecured debt means that the creditor's loan is not secured by anything, secured debt means the creditor's loan to you is secured by something. [read post]
25 Aug 2006, 4:28 am
A creditor should never make a determination on whether to proceed with legal debt collection based on the size or amount of the debt. [read post]
23 Mar 2020, 7:30 am
Dickinson attorneys are well-versed in Chapter 11 reorganization bankruptcies, having represented debtors, secured and unsecured creditors, and creditors’ committees, in virtually all aspects of Chapter 11 cases. [read post]
20 Mar 2013, 7:22 am
A transfer by deed can bypasse both your creditors and your beneficiaries' creditors: Property transferred through probate is subject to the claims of your creditors and the creditors of your beneficiaries unless the property transferred qualifies as your homestead. [read post]
23 Jul 2024, 8:00 am by Sherica Celine
Creditors’ Committee Objections See this discussion of common creditors’ committee objections in Chapter 11 bankruptcy cases. [read post]
14 May 2010, 11:12 am by Jonathan Alper
If a creditor can convince a court to freeze a debtor’s assets after the creditor files a lawsuit but before the cases is decided and judgment is entered the debtor cannot engage in further asset protection planning. [read post]
21 Aug 2018, 7:55 am by Rachel R. Mentz
Neither the MLA nor its implementing regulations expressly prohibit creditors from financing additional items, such as GAP insurance, when financing the purchase of a motor vehicle. [read post]
1 Mar 2011, 1:23 pm
In Florida, the FCCPA protects consumers from both debt collectors and original creditors. [read post]
27 Apr 2009, 9:16 am
It is Trademark Infringement Folks The law firm is not directly representing the original creditor and doesn't have direct consent of the creditor to file suit (remember they were employed by the third party assignee or debt buyer). [read post]
12 Jun 2010, 6:15 am by Steven Peck
Many times, a creditor will ask a court to ignore the liability protection offered by the corporation or LLC status of a business. [read post]
29 Dec 2010, 8:12 am by Joseph C. McDaniel
That creditor, who he had not listed, was owed close to a hundred thousand dollars. [read post]
7 Apr 2010, 8:33 am
In general, a fraudulent transfer is one made with the intent to hinder, delay or defraud a creditor. [read post]