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27 May 2021, 6:28 am
Reverse veil-piercing may bypass normal judgment collection, allowing the creditor of a parent to jump in front of the creditors of the subsidiary. [read post]
26 May 2021, 6:39 pm
Business owners who lacked longstanding relationships with creditors found themselves without many options, and forced to utilize distressed debt and special situations funds. [read post]
26 May 2021, 6:39 pm
Business owners who lacked longstanding relationships with creditors found themselves without many options, and forced to utilize distressed debt and special situations funds. [read post]
26 May 2021, 3:20 pm
The Estate filed a progress report in advance of the hearing attaching documents showing that in 1996 the court approved a creditor claim for more than one million dollars to be transferred to FMI, and Maria signed a partnership agreement for P&R, as trustee of the Marital Trust, agreeing that the trust would provide a capital contribution of more than three million dollars to P&R. [read post]
26 May 2021, 3:20 pm
The Estate filed a progress report in advance of the hearing attaching documents showing that in 1996 the court approved a creditor claim for more than one million dollars to be transferred to FMI, and Maria signed a partnership agreement for P&R, as trustee of the Marital Trust, agreeing that the trust would provide a capital contribution of more than three million dollars to P&R. [read post]
26 May 2021, 9:47 am
Second, the creditor can file a claim & delivery lawsuit and have a court order the property be turned over to the creditor. [read post]
26 May 2021, 3:13 am
In truth however, this isn’t a victory for landlords as a class of creditor. [read post]
25 May 2021, 9:31 am
For decades, especially since the 1980s, the great schism in the comprehensive vision of human rights memorialized in the Universal Declaration of Human Rights, has split the nations of the globe and especially their elites. [read post]
24 May 2021, 1:21 pm
Instead, the company will be liquidated and proceeds will go to creditors upon approval of the Bermuda Supreme Court. [read post]
23 May 2021, 11:12 pm
It is a legal process that is designed to help a debtor eliminate a part or all of the total amount that they owe to their creditor. [read post]
21 May 2021, 11:30 am
If a spouse agrees to pay a debt for which both parties are liable and fails to fulfill this responsibility, the creditor may pursue the other spouse – even after the divorce is final. [read post]
21 May 2021, 7:29 am
When a property is sold at auction, a Court-appointed Referee is responsible for collecting the funds from the winning bidder, and paying off the creditor who brought the foreclosure action. [read post]
21 May 2021, 2:56 am
A scheme of arrangement, in this context, is a court-sanctioned agreement between a company and its creditors. [read post]
20 May 2021, 10:37 am
It is not uncommon for a creditor to assign a debt or the right to collect money owed from a debtor to another party. [read post]
20 May 2021, 9:50 am
His creditors forced him into the case after he failed to pay his bills. [read post]
20 May 2021, 9:09 am
With the U.S. [read post]
20 May 2021, 7:32 am
DMB failed to disclose in a clear and conspicuous manner, prior to enrollment, of the time frame by which DMB would make a bona fide settlement offer to a consumer’s creditors. [read post]
20 May 2021, 7:14 am
All throughout the country, citizens and small businesses struggle to find solutions to their debt problems, and often find themselves at the mercy of powerful creditors. [read post]
19 May 2021, 9:03 pm
He notes that debtor-creditor relationships are marked by power imbalances, which lead to insidious racial discrimination. [read post]
19 May 2021, 6:45 pm
Some Creditors get paid in full. [read post]