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15 Jun 2012, 2:06 pm
First you have to qualify for a Chapter 13, which means you have some money to pay back to your creditors. [read post]
18 Sep 2009, 6:10 pm
With the current state of the economy, creditors are being forced to think about taking equity positions in debtors. [read post]
28 Jul 2014, 4:00 am
This has created concern in the estate planning realm since a large amount of inherited assets are no longer protected from creditors... [read post]
29 Nov 2013, 4:00 am
As I have previously discussed, the Seventh Circuit Court of Appeals held that funds within an IRA are not necessarily retirement funds so the funds could not be shielded from creditors. [read post]
15 Jan 2019, 12:00 pm
They have been used for a variety of purposes, such as to remove assets from a person's estate in order to reduce taxes, to protect assets from creditors, and to... [read post]
28 Apr 2013, 4:00 am
Generally, the goal of asset protection is to shield assets from creditors while ensuring that the owner can make use of those assets legally. [read post]
5 Feb 2009, 6:59 am
You may remember an earlier post Liquidation and bankruptcy petition dangers, where I highlighted a legal decision emphasising that a petition is not to be used to pressurise a debtor into paying one creditor. [read post]
10 May 2023, 6:46 am
In a lien priority dispute between two judgment creditors, the Illinois Supreme Court recently held that email delivery does not constitute proper service of process for judgment enforcement proceedings. [read post]
12 Jun 2009, 11:29 am
A bankruptcy court judge in New Jersey approved the sale of the Tropicana Casino and Resort on Friday to a group of creditors led by Carl C. [read post]
8 Jun 2009, 2:06 pm
No ruling on the merits, but the USSC has granted the stay to allow more time to consider Indiana pension funds' claim that the deal illegally prioritizes unsecured creditors over... [read post]
26 Dec 2010, 4:00 am
The program information is below: Once all the vital documentation is compiled and the creditors... [read post]
26 Feb 2009, 7:04 am
The $4 B government loan went in and out immediately to pay creditors and salary. [read post]
5 May 2024, 1:16 pm
These include protection from forced sale by most creditors and... [read post]
23 Apr 2020, 3:09 pm
The firm is acting for some of the airline's creditors while Australian firm Clayton Utz is advising the administrator Deloitte. [read post]
20 May 2015, 4:00 am
When Faith Campbell created a living trust she made sure to include a spendthrift provision assuming that it would protect her money from any creditors of the beneficiaries. [read post]
6 Jul 2012, 5:03 am
Dynegy files for Chapter 11 bankruptcy protection, the latest step to restructure the ailing energy company and settle with creditors who hold more than $2.5 billion in claims over one of its subsidiaries. [read post]
27 Jun 2011, 1:04 pm
Dodgers' Schedules (check out the list of the top 40 creditors; why is no one talking about what will happen to poor Manny Ramirez?) [read post]
15 Sep 2021, 9:26 am
The truth of the matter is that, from a legal standpoint, your creditor cannot force you to pay if he doesn’t first gather enough evidence that your term for returning the money is due already. [read post]
14 Jan 2004, 3:38 am
In a decision handed down this morning, the Supreme Court has held that a debtor forfeits the right to rely on Bankruptcy Rule 4004, which gives creditors 60 days to object to the discharge of debt, [read post]
11 Jan 2020, 10:00 am
In many states married couples have the option to own property jointly and equally in a manner that not only avoids probate like joint tenancy but also eliminates the threat of creditors. [read post]
