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23 Feb 2021, 3:12 am
Attend the meeting of creditors. [read post]
23 Feb 2021, 2:49 am
See the video below and PRESERVE YOUR LEGACY.Did you know that you can simultaneously make your assets 100% creditor proof? [read post]
22 Feb 2021, 1:58 pm
” The person to whom the debts are owed is called the “creditor. [read post]
21 Feb 2021, 9:00 pm
You will need to address the “ownership” of your debt during the divorce process, and you will need to do so in a way that works for you, your spouse, and the New Jersey courts while also satisfying your joint creditors. [read post]
20 Feb 2021, 12:58 am
The creditors may also ask questions. [read post]
19 Feb 2021, 10:11 am
Here are some of the legal tools at a creditor’s disposal that can help collect money owed pursuant to a lawful court order: Writs of Execution A writ of execution is a court order to the local sheriff that directs his (or her) deputies to seize a debtor’s assets in order to satisfy an existing money judgment. [read post]
19 Feb 2021, 8:46 am
But if creditor fiduciary duty claims instead arise out the debtor-creditor relationship itself, then it is not clear to me Delaware gets to decide these issues. [read post]
19 Feb 2021, 5:44 am
Having the other parent as a beneficiary could subject the benefits to that parent’s creditors, or the other parent could keep the money for themselves. [read post]
19 Feb 2021, 1:54 am
Snippets Scottish Letting agents to pay £16,000 following cannabis factory damage Nightmare scenario for some London landlords – warning HMRC tax shock for Airbnb hosts – the clock is ticking… Propertyguru’ declared bankrupt leaving creditors £4.9m out of pocket Rogue agent David Walters has left over 100 angry landlords facing losses Possession and mediation, money and remediation Newsround will be back nextweek. [read post]
18 Feb 2021, 9:59 am
This means that your debts are no longer enforceable for collections by the creditor. [read post]
18 Feb 2021, 9:53 am
The trust would become irrevocable after your passing, and the principal would be protected from creditors and most litigants. [read post]
18 Feb 2021, 8:37 am
The Florida Supreme Court recently resolved a split in Florida law on the issue of attorney’s fees in favor of consumers, holding that debtors who prevail when a creditor sues under an account stated cause of action instead of for breach of the underlying credit card agreement are entitled to recover attorney’s fees under the so-called “reciprocity provision” of subsection 57.105(7), Florida Statutes. [read post]
18 Feb 2021, 8:37 am
The Florida Supreme Court recently resolved a split in Florida law on the issue of attorney’s fees in favor of consumers, holding that debtors who prevail when a creditor sues under an account stated cause of action instead of for breach of the underlying credit card agreement are entitled to recover attorney’s fees under the so-called “reciprocity provision” of subsection 57.105(7), Florida Statutes. [read post]
18 Feb 2021, 8:12 am
You should also be aware of the following issues that may arise during a short sale: Longer and more complicated closing process - It can often take six months or more to receive approval for a short sale from the current owner’s mortgage lender and other creditors who may have an interest in the property. [read post]
17 Feb 2021, 10:59 am
Citibank was acting as an agent for Revlon, which owed hundreds of millions of dollars to various creditors. [read post]
17 Feb 2021, 10:59 am
MMP also seems miffed that it is not on the OCC, but it has volunteered two other trade creditors to serve in order to change the voting balance to favor trade creditors. [read post]
17 Feb 2021, 9:38 am
The stay is not limited to actions involving creditors attempting to recover debts but also precludes any claim that may result in a judgment against the debtor. [read post]
17 Feb 2021, 8:41 am
“Beneficial owners” do not include (i) individuals acting as nominees, agents, intermediaries, or custodians for an individual; (ii) a person acting solely as an employee of a reporting company and whose control over or economic benefits from the company are derived solely from their employment status; (iii) creditors of the reporting company (unless the creditor meets either the “substantial control” prong or owns or controls 25% or more of the… [read post]
17 Feb 2021, 8:41 am
“Beneficial owners” do not include (i) individuals acting as nominees, agents, intermediaries, or custodians for an individual; (ii) a person acting solely as an employee of a reporting company and whose control over or economic benefits from the company are derived solely from their employment status; (iii) creditors of the reporting company (unless the creditor meets either the “substantial control” prong or owns or controls 25% or more of the… [read post]
17 Feb 2021, 7:38 am
“A Crazy Debt Repayment Rule Just Cost Revlon $900 Million; Laws letting creditors keep mistaken payments are outdated”: Law professor Noah Feldman has this essay online at Bloomberg Opinion. [read post]
