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16 Oct 2020, 2:22 pm
Without proper asset protection planning, your personal assets could be exposed to claims from creditors and other parties. [read post]
16 Oct 2020, 8:24 am
Later, she wondered if the stay at least barred creditors from keeping property that debtors want back. [read post]
16 Oct 2020, 3:30 am
Yet cases like Hobby Lobby, in which shareholders assert a corporate right to avoid an otherwise applicable law or regulation, are quite different from veil piercing cases in which creditors seek to access shareholder assets in satisfaction of a corporation’s debt. [read post]
15 Oct 2020, 6:14 pm
According to a Consumer Financial Protection Bureau (CFPB) survey, approximately one-third of consumers with a credit bureau file reported being contacted by at least one creditor or debt collector trying to collect on one or more debts in the previous year. [read post]
15 Oct 2020, 10:09 am
Mere ownership of real property can trigger not-so-pleasant things such as creditor claims, unnecessary probate, additional tax, and most importantly – ugly family disputes. [read post]
15 Oct 2020, 9:00 am
Generally, these creditors must take more steps and meet specific requirements. [read post]
15 Oct 2020, 7:00 am
Protect the property from the creditors of the remainder beneficiaries during the property owner’s lifetime. [read post]
15 Oct 2020, 7:00 am
They Provide the property owner the flexibility to change the remainder beneficiaries at any time.Allow the property owner to sell or mortgage the property without the consent of the remainder beneficiaries.Protect the property from the creditors of the remainder beneficiaries during the property owner’s lifetime.Will not count as a gift for federal gift tax purposes. [read post]
15 Oct 2020, 2:00 am
Generally, these creditors must take more steps and meet specific requirements. [read post]
14 Oct 2020, 12:09 pm
The stay does not force them to turn over any property that they have possession of which the debtor retains some possessory interest in, though it would prevent the creditor—in this case, the city—from selling that property. [read post]
14 Oct 2020, 10:20 am
” Conversely, the court clarified that “the receiver is not the class representative for creditors and cannot pursue claims owned directly by the creditors. [read post]
14 Oct 2020, 7:33 am
UPSA has more rules and requirements to avoid abuses by proprietors using the Series LLC to harm innocent creditors. [read post]
14 Oct 2020, 3:18 am
Show that, as a borrower, you can responsibly repay a creditor on time. [read post]
14 Oct 2020, 1:27 am
You see future lenders don’t care if you fail to pay your creditors, what they really care about is are you going to pay us back if we lend you money? [read post]
13 Oct 2020, 1:18 pm
The firm representing one of the secured creditors gave the associate a job offer, which the associate accepted on March 11, 2015. [read post]
13 Oct 2020, 12:10 pm
After creditors make their claims, the court will distribute assets and resolve any disputes. [read post]
The Supreme Court to Decide Whether Chicago Can Keep Cars Locked Up When Debtors File for Bankruptcy
13 Oct 2020, 9:00 am
Their cases raise the question of whether a creditor violates the automatic stay and turnover provisions of the U.S. [read post]
13 Oct 2020, 8:12 am
A judgment of divorce does not negate a creditor’s ability to come after you for obligations on which you co-signed. [read post]
13 Oct 2020, 7:45 am
This means that, if the business itself cannot pay a creditor, then this shield makes it difficult for creditors to penetrate into your personal assets. [read post]
12 Oct 2020, 12:18 pm
COMPLIMENTARY WEBINAR FOR OUR CLIENTS & GUESTS Thursday October 22, 20203:00 - 3:45 PM EST Webinar: Maximizing Recovery When the Chips are Down Presented by James Vann & Jim Beck Reserve Your Seat Now We will discuss the issue of bankruptcy strategies for creditors, what are defunct corporations and how they impact your accounts… [read post]
