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6 Sep 2021, 1:19 pm
Bankruptcy lawyers are supposed to protect their clients assets not expose them to creditors, and especially themselves. [read post]
6 Sep 2021, 9:50 am by Reed Allmand
From the Article: “Bankruptcy expert Adam Stein-Sapir thinks the burned Fyre Festival creditors who stand to get paid should count themselves lucky, despite the pitiful recovery. [read post]
6 Sep 2021, 4:30 am by Joshua Holt
Plus, debt relief agencies often promise that they can talk your creditors down from invoking civil court action while settling for pennies on the dollar. [read post]
6 Sep 2021, 1:47 am by Cari Rincker
Also, we can include special language in your RLT to make sure that any money or property you leave to your partner is both protected from your partner’s creditors and out of a new significant other’s reach. [read post]
The parties further stipulated that out of the 8,000 plus class members only 1,853, roughly a quarter of the class, actually had their credit reports with mistaken OFAC watch list alerts disseminated to potential creditors. [read post]
5 Sep 2021, 3:49 pm
Another creditor had a mortgage against the property and when mortgage went into default, the property was sold in a foreclosure proceeding brought by another creditor. [read post]
4 Sep 2021, 3:58 am by Dan Harris
 This Reuters article nicely sums up the realities of China bankruptcies: “Courts also have wide discretion on whether to accept bankruptcy filings and must work closely with local government officials, who are generally more concerned about jobs, local tax revenues and social stability than creditors. [read post]
3 Sep 2021, 12:35 pm by IncNow
  For most, it comes down to liability protection for owners from business creditors. [read post]
3 Sep 2021, 12:08 pm by Joshua Jacoby
The goal is to understand what you are actually able to pay your creditors. [read post]
3 Sep 2021, 9:16 am by Lydia Estep
Ludwig’s practice focuses on civil litigation in the areas of patent, trademark, copyright, internet / domain names, commercial transactions, government contracts, community associations, and bankruptcy law / creditors’ rights, as well as trademark and copyright prosecution, and corporate and small business law. [read post]
3 Sep 2021, 6:28 am by Shannon O'Hare
Creditors who grant and/or carry out servicing activities for certain mortgage loans (where debtors are individuals), are required to register with the BoS. [read post]
3 Sep 2021, 5:14 am by Cari Rincker
A trust, and less commonly, a will, is crafted to include protective sub-trusts which can allow your beneficiaries to receive some enjoyment and benefit from the accounts and property in the trust but also keeps the accounts and property from being seized by your beneficiaries’ creditors such as divorcing spouses, car accident litigants, bankruptcy trustees, and business failures. [read post]
2 Sep 2021, 7:01 pm by Russell Knight
  Attorney Liens And Case Files In Illinois A lien is “[a] qualified right of property which a creditor has in or over specific property of his debtor, as security for the debt or charge or for performance of some act. [read post]
2 Sep 2021, 9:04 am by Trippe Hawthorne
State licensing requirements help create, identify, and illuminate the channels available to customers, creditors, and the government to hold a contractor accountable, particularly where there is a public threat to life, health, or safety. [read post]
2 Sep 2021, 7:36 am by Barbara S. Mishkin
We discuss a range of practical issues related to the rule’s rapidly-approaching effective date, including: the prospects for further CFPB rulemaking or guidance; the aspects of the rule that should be prioritized by third-party collectors and debt buyers; the rule’s impact on creditors (for internal collections and third-party collector/debt buyer oversight), state law considerations, and steps being taken to mitigate risk; and greatest risks for third-party collectors and… [read post]
2 Sep 2021, 6:17 am by jaxlawcenter
With this additional time, the homeowner has more opportunities to renegotiate a deal with their creditor. [read post]
2 Sep 2021, 1:40 am by Cari Rincker
The post Caution: Creditors Are a Threat to Inherited Retirement Accounts appeared first on Rincker Law, PLLC. [read post]
”  In the SBREFA Outline, the Bureau indicated that it was considering defining an “application” in a way that was largely consistent with Regulation B (which defines an “application” as “an oral or written request for an extension of credit that is made in accordance with procedures used by a creditor for the type of credit requested”) but would exclude certain circumstances such as inquiries and prequalifications even if they would be… [read post]
1 Sep 2021, 8:57 am
Whether you file for a chapter 7 or chapter 13 bankruptcy, you will be protected from most collection efforts from most types of creditors. [read post]