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18 Mar 2021, 6:02 am
(The Third Circuit indicated that, for purposes of its analysis, it was “[p]utting aside questions such as whether the [law firm] is a ‘creditor’ and [the plaintiff] an ‘applicant’ under the spousal-signature prohibition. [read post]
17 Mar 2021, 4:26 pm
However, this approach can be risky – for example, if the sibling has issues with creditors, or winds up in a bankruptcy or divorce proceeding, the inheritance you thought you were setting aside for your disabled child is suddenly being split up between multiple parties. [read post]
17 Mar 2021, 3:25 pm
In addition, any present or future creditors could try to reach your children’s inheritance to satisfy their claims. [read post]
17 Mar 2021, 11:26 am
Creditors must file proof of claim to be paid; claim can assert amounts different from the listing on the bankruptcy schedules. [read post]
17 Mar 2021, 4:10 am
It prohibits any collection activities from creditors and lenders. [read post]
16 Mar 2021, 2:42 pm
Nine West’s litigating trustee, successor indenture trustee, and unsecured creditors (the “Plaintiffs”) originally alleged claims of breach of fiduciary duty, aiding and abetting breach of fiduciary duty, fraudulent conveyance, unjust enrichment and violations of 15 Pa. [read post]
16 Mar 2021, 8:51 am
April, 2012: A financial disclosure states that a compromise with a creditor was reached. [read post]
16 Mar 2021, 6:47 am
The CFPB’s interpretive rule signals that discrimination on the basis of gender identity and sexual orientation will be a focus of the Bureau’s fair lending supervision and enforcement efforts going forward and raises the potential stakes for bank and non-bank creditors. [read post]
16 Mar 2021, 5:30 am
" The short answer is that through something called the Automatic Stay, most creditors are prevented from continuing the collection activity during bankruptcy, and many debts may even be dismissed. [read post]
15 Mar 2021, 2:19 pm
Read More » The post Can a Judgment Creditor Garnish Your Stimulus Check? [read post]
15 Mar 2021, 2:19 pm
Several people in the last week have asked whether a judgment creditor can garnish their stimulus check. [read post]
15 Mar 2021, 9:33 am
The CVA was approved last November by over 90% by value of those creditors voting at a virtual meeting. [read post]
The Oral Partnership Operating as a Corporation: Is it a Partnership? A Corporation? Can it be Both?
15 Mar 2021, 4:59 am
Indeed, in Blank v Blank (222 AD2d 851 [3rd Dept 1995]), the [Court] held a partnership can survive a subsequent corporate formation ‘as long as the rights of third parties, like creditors, are not involved and the parties’ rights under the partnership agreement are not in conflict with the corporation’s functioning. [read post]
14 Mar 2021, 7:29 pm
Protection from Creditors: Language may be included in the trust that protects the funds from creditors. [read post]
14 Mar 2021, 2:25 pm
Including creditors. [read post]
13 Mar 2021, 1:55 pm
In 2009 his debt load was $480,000 and the court highlighted his recalcitrance in dealing with his creditors. [read post]
12 Mar 2021, 6:48 am
Financial coaches do not receive Fair Share payments from creditors, so there are no conflicts of interest. [read post]
12 Mar 2021, 4:34 am
Ideally, the money recovered goes to creditors or replaces money you’ve paid. [read post]
12 Mar 2021, 1:32 am
If you compartmentalize or ring-fence your risk (debt), then any creditor will ever only have access to that "compartment" and every asset that you have transferred to another compartment will be 100% safe.Sounds easy? [read post]
11 Mar 2021, 11:31 am
If they are targeted by the IRS, or if they are sued by a creditor or another litigant, their portion of the property would be vulnerable. [read post]
