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13 Feb 2011, 3:49 pm
While in many cases it is unnecessary for the creditor to do this, it is nothing to fear. [read post]
3 Jan 2014, 7:32 am
As initially adopted, the CFPB’s final rule requiring creditors to establish escrow accounts for certain first-lien higher-priced mortgage loans contained an exemption for certain small creditors that operated predominantly in “rural” or “underserved” counties in the preceding calendar year. [read post]
5 Oct 2010, 12:20 pm
Although no case in Michigan has yet held that creditors of a single member LLC can foreclose on the assets of the LLC to pay the member's debts, it is this author's opinion that it is only a matter of time and Michigan asset protection planners need to figure out how to protect the single member's membership interest from creditor claims. [read post]
2 Jun 2010, 11:46 am
The Bill removes the right of persons bringing claims regarding shareholdings to: •vote as creditors in a voluntary administration or a winding-up, unless they receive permission from the Court; or •receive reports to creditors, unless they make a request in writing to the external administrator. [read post]
11 Jan 2017, 8:48 am
Creditors can make claims against your probate estate for what you owe. [read post]
18 Sep 2007, 8:11 pm
The total unsecured claims filed by creditors exceeded the debt limitation. [read post]
29 Jul 2008, 8:43 am
The collection agency claimed that it had overlooked the error because the landlord-creditor had always provided accurate information in the past. [read post]
9 Oct 2011, 6:30 am
To bring an involuntary case against a debtor, a creditor must show that the debtor owes at least *$14,425 in unsecured debt to less than twelve creditors. [read post]
11 Jul 2007, 8:09 pm
The rule sought by [the petitioning creditor] would surely be a boon to creditors who seek to wear down to submission small debtors such as the Debtor here. [read post]
7 Mar 2012, 10:00 am
CPLR § 5239 permits a special proceeding against a creditor by any interested person (including the debtor) pre-restraint to dispute a creditor's rights to property. [read post]
24 Jul 2012, 12:09 pm
For more information contact T&K Creditors’ Rights Group [read post]
22 Apr 2020, 2:23 pm
It also prohibits debt collectors (which includes first-party service providers collecting on behalf of creditors in the creditor’s name) from initiating telephone calls to the debtor’s residence, cellular phone, or other telephone number provided as a personal number. [read post]
19 Jun 2012, 3:00 am
While the judge ultimately ruled in favor of the creditors, I’d like to note that he rejected the corruption argument the creditors made about Mexico’s judiciary. [read post]
20 Aug 2019, 3:00 pm
Negotiate With the Creditor You can also negotiate with creditors (although if they are represented by attorneys you may be required to contact the creditor’s attorney) in some cases, even the IRS. [read post]
30 May 2011, 4:45 pm
You and your creditor have to complete a formal reaffirmation agreement. [read post]
2 Mar 2010, 5:00 pm
It also means that creditors cannot hike up the interest rate on a whim. [read post]
25 Mar 2009, 4:39 pm
Even when a creditor obtains a judgment against a debtor, the creditor has to properly execute and enforce the judgment against the debtor. [read post]
25 May 2008, 8:00 pm
Instead, the judgment creditor may only obtain a charging order (after much work, effort and expense). [read post]
6 May 2011, 6:32 am
You can put all your creditors in the Plan, including liens by homeowner's associations, second mortgages, tax debt, etc. [read post]
11 Jul 2011, 9:10 am
* Recovery of Collection Costs: A creditor may recover reasonable collection costs on Perkins Loans or National Direct Student Loans. [read post]
