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17 Nov 2020, 6:38 am
Responsible investment is an approach to managing assets that sees investors include environmental, social, and governance (ESG) factors in their decisions about what to invest and the role they play as owners and creditors. [read post]
17 Nov 2020, 6:04 am
According to the Bureau, Afni violated Section 623(b)(1) because it did not conduct a reasonable investigation as required for reasons that included (1) not reaching out to the original creditor for information needed to reasonably investigate a dispute when the consumer’s allegations could not be reasonably investigated with the information in Afni’s files, and (2) using an automated program to handle certain disputes that only considered information in Afni’s… [read post]
17 Nov 2020, 3:14 am
It should protect money from creditors or divorce or remarriage. [read post]
16 Nov 2020, 3:00 pm
., ruled that a debt collector could not rely on the FDCPA’s bona fide error defense by contractually obligating its creditor clients to provide accurate information. [read post]
16 Nov 2020, 10:57 am
Creditor lawsuits can be a catalyst for considering bankruptcy. [read post]
14 Nov 2020, 6:05 pm
If you own a corporation or LLC, you may feel impervious to lawsuits or creditors who may seek your personal assets because you have the protection of the corporate veil. [read post]
14 Nov 2020, 6:05 pm
If you own a corporation or LLC, you may feel impervious to lawsuits or creditors who may seek your personal assets because you have the protection of the corporate veil. [read post]
14 Nov 2020, 10:00 am
Albert Feuer recently published an article entitled, Creditor Protections for Inherited IRA Benefits and the Proposed Harmonization of Protections for Savings and Retirement Benefits Act, Wills, Trusts, & Estates Law ejournal (2020). [read post]
13 Nov 2020, 4:50 pm
It’s easy to ask a creditor to increase your credit line on an account as well – this way the unused balance will be larger which also helps. [read post]
13 Nov 2020, 3:32 pm
If the Trust does not have enough money to pay the debts, the creditors are out of luck. [read post]
13 Nov 2020, 2:11 pm
Can those business creditors (customers, employees, vendors, suppliers, landlords, and lenders) collect from the owners of the business? [read post]
13 Nov 2020, 1:02 pm
For example, we believe a new rulemaking effort under a new CFPB director could reduce call frequency limits, apply limits to texts and email messages, or count call attempts on a per-consumer basis, and could even add new rules for creditor collections, all of which were strenuously sought by consumer advocates and a number of state attorneys general. [read post]
12 Nov 2020, 8:45 pm
The Consumer Credit Act 1974 (the Act) created a consumer protection regime, which required creditors or owners to send notices to borrowers or hirers under regulated agreements before taking certain actions, like demanding early repayment due to a breach of contract. [read post]
12 Nov 2020, 7:01 pm
The court appointed provisional director “shall be an impartial person who is neither a shareholder nor a creditor of the corporation or of any subsidiary or affiliate of the corporation, and whose further qualifications, if any, may be determined by the court. [read post]
12 Nov 2020, 2:18 pm
Richard M. [read post]
12 Nov 2020, 1:23 pm
This creditor tactic is referred to as piercing the corporate veil. [read post]
12 Nov 2020, 7:42 am
The company had mistakenly sent Revlon creditors $900 million of its own funds. [read post]
12 Nov 2020, 6:12 am
According to these commenters, “if the discharged debt is a secured debt, including but not limited to a residential mortgage, the transfer ban should not impede a creditor’s ability to maintain and exercise its security interest in the collateral that secures the discharged debt. [read post]
11 Nov 2020, 11:57 am
Most other states do not exempt these assets from creditor garnishment. [read post]
11 Nov 2020, 9:15 am
Automatic Foreclosure Stay During Bankruptcy Proceedings When you file for bankruptcy, an automatic stay will go into effect preventing creditors from attempting to collect on the debts you owe. [read post]
