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”  It observes that prudent debt collectors “scrutinize questionable categories of debt and debts to questionable creditors” and “also contact consumers and listen to what they have to say before furnishing information to credit reporting agencies. [read post]
4 Dec 2020, 4:19 am by Alan Rosca
Generally, a Chapter 11 bankruptcy allows a company to continue operations while reorganizing its obligations as well as give a company time to assess finances and negotiate with creditors to resolve outstanding debt. [read post]
4 Dec 2020, 4:19 am by Alan Rosca
Generally, a Chapter 11 bankruptcy allows a company to continue operations while reorganizing its obligations as well as give a company time to assess finances and negotiate with creditors to resolve outstanding debt. [read post]
3 Dec 2020, 8:33 am by Scott Riddle
  The Debtor, Creditors Committee and Wells Fargo agreed that the best way to pay creditors was to sell the Debtor’s assets as a going concern. [read post]
3 Dec 2020, 4:00 am by James Vann
Raleigh, NC Business, Construction, & Creditor's Rights AttorneysVaried backgrounds and expertise of dedicated attorneys and staff providing clients with effective and efficient legal advice and representation throughout North Carolina. [read post]
The panel found that there was no evidence that the defendants neglected corporate forms or risked confusing creditors and that there was therefore no basis to pierce the corporate veil. [read post]
1 Dec 2020, 10:39 am by shmedia
The post Should I Tell My Creditors I’m Filing Bankruptcy? [read post]
30 Nov 2020, 2:07 pm by Kevin LaCroix
During this time the monitor sits alongside the directors while a moratorium is placed on the creditors’ ability to collect pre-moratorium debts. [read post]
30 Nov 2020, 11:50 am by David Snyder
  Dodd-Frank added appraisal requirements for higher-priced mortgage loans, including a requirement that creditors obtain a written appraisal based on a physical visit to the home’s interior before making a higher-priced mortgage loan. [read post]
30 Nov 2020, 11:50 am by David Snyder
  Dodd-Frank added appraisal requirements for higher-priced mortgage loans, including a requirement that creditors obtain a written appraisal based on a physical visit to the home’s interior before making a higher-priced mortgage loan. [read post]
30 Nov 2020, 11:50 am by David Snyder
  Dodd-Frank added appraisal requirements for higher-priced mortgage loans, including a requirement that creditors obtain a written appraisal based on a physical visit to the home’s interior before making a higher-priced mortgage loan. [read post]
30 Nov 2020, 8:30 am
Preferential transfers to creditors may be avoided under Section 547(b) of the Bankruptcy Code, if the transfer was made on or within 90 days before the date of the filing of the petition. [read post]
30 Nov 2020, 4:00 am by Xavier Beauchamp-Tremblay
I created 3 lists: ● List 1: Top movers among statutes and regulations that feature in both the 2019 and 2020 Top 1,000 ● List 2: Highest ranked newcomers in the 2020 Top 1,000 ● List 3 Highest ranked statutes and regulations in 2019 that dropped out of the 2020 Top 1,000 Notes: ● The Companies’ Creditors Arrangement Act (aka CCAA) is unfortunately on top. [read post]
28 Nov 2020, 4:58 am by Dan Harris
The gist of the post was that if you need to prioritize who to pay, you should put your Chinese creditors last. [read post]
27 Nov 2020, 6:50 am by Russell Knight
A qualified deferred compensation plan cannot be seized by creditors and can be kept even after a personal bankruptcy. [read post]
25 Nov 2020, 8:55 am by Jim Beck
Prejudgment Attachment: When and How Can a Creditor Obtain an Attachment Order? [read post]
25 Nov 2020, 4:10 am by Cari Rincker
If there is little to no estate planning in place, that wealth is exposed and becomes vulnerable to creditors and predators. [read post]
25 Nov 2020, 3:34 am by NWDRLF
This means debtors and creditors do not necessarily have to interact anymore. [read post]
24 Nov 2020, 1:14 pm by Jon Alper
These credit card creditors typically act aggressively to collect unpaid credit card bills. [read post]
24 Nov 2020, 1:14 pm by Jon Alper
These credit card creditors typically act aggressively to collect unpaid credit card bills. [read post]