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11 Mar 2011, 2:50 pm
However, it is harder for a creditor to prevail once the presumption no longer applies. [read post]
12 Mar 2008, 11:03 pm
For whatever reason creditors and collectors continue to believe that a mistake on their part seems to constitute a legitimate defense, which is completely opposite of the law. [read post]
8 Mar 2021, 5:13 am
So think twice before declining to provide corporate creditors notice of the entity’s dissolution. [read post]
21 Jun 2020, 5:37 pm
In most instances, a public body subrogating the original maintenance creditor is arguably established in the Member State of that creditor’s residence. [read post]
29 Jul 2019, 7:32 pm
“Venezuela’s Citgo Stake Can Be Seized, Appeals Court Says; Venezuela’s opposition government loses ruling to Citgo creditor Crystallex, opening the door to a potential sale of the oil refiner”: Andrew Scurria of The Wall Street Journal has this report. [read post]
14 Sep 2009, 5:07 am
Image via WikipediaThe United States Trustee has appointed the members of the Official Committee of Unsecured Creditors in the Samsonite Company Stores , LLC bankruptcy case. [read post]
16 Feb 2011, 8:56 pm
Do you know the technical definition of an unsecured creditor? [read post]
12 May 2010, 5:49 pm
The members of the Creditors' Committee are: Par Pharmaceutical, Inc. [read post]
12 Jan 2008, 10:10 pm
INFO 41 Insolvency: a glossary of terms INFO 42 Insolvency: a guide for directors INFO 43 Insolvency: a guide for shareholders INFO 45 Liquidation: a guide for creditors INFO 46 Liquidation: a guide for employees INFO 54 Receivership: a guide for creditors INFO 55 Receivership: a guide for employees INFO 74 Voluntary administration: a guide for creditors INFO 75 Voluntary administration: a guide for employees INFO 84 … [read post]
8 Aug 2020, 3:41 pm
Chapter 7 Bankruptcy is a bankruptcy where you do not make payments back to your creditors. [read post]
19 Mar 2024, 3:30 am
When you file bankruptcy, you are placed in a metaphorical bubble of protection from your creditors. [read post]
15 Nov 2019, 8:45 am
But if you pay family and friends money before you file bankruptcy, so you can avoid listing them as a creditor on the bankruptcy or just because you want them to get paid back even though others creditors are not getting paid any money, that may be considered a “preference” and the trustee may be able to avoid that preference. [read post]
6 Nov 2017, 9:00 am
The narrative will be from the creditor’s perspective, but it will be equally helpful to debtors. [read post]
9 Oct 2020, 8:08 am
Among other things, the Act will reintroduce the preferential position of HMRC over creditors holding floating charges and unsecured creditors. [read post]
17 Oct 2023, 8:08 am
The Consumer Financial Protection Bureau and Department of Justice have issued a joint statement regarding “the potential civil rights implications of a creditor’s consideration of an individual’s immigration status under the Equal Credit Opportunity Act (ECOA). [read post]
21 Jul 2014, 12:53 pm
As an asset protection planning attorney, it is interesting how often other attorneys ask me about the exposure of their clients' social security and pension monies to creditors' claims. [read post]
13 Oct 2007, 6:00 pm
He generally conducts his meetings of creditors on Mondays. [read post]
20 Jun 2012, 7:25 am
You can use revocable trusts to create creditor protection for your kids. [read post]
19 Jan 2023, 5:38 am
If the deceased did not have enough assets to pay off the debts, the creditors may require a sale of the assets of the estate to address the debt, but that’s it. [read post]
31 May 2012, 6:00 am
Did the creditor(s) demand a personal guarantee from the owners or someone else? [read post]
