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12 Oct 2020, 11:51 am
Thus, even if the creditor abandoned the property without violating the stay, § 542 would make the creditor liable to the estate for the value of the property. [read post]
12 Oct 2020, 8:17 am
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]
11 Oct 2020, 6:13 pm
The Archdiocese serves as creditor in possession during its Chapter 11 reorganization, and it has refused to pursue the assets. [read post]
11 Oct 2020, 4:01 am
The anti-deprivation rule renders void contractual provisions that, upon insolvency, remove value that would otherwise have been available to an insolvent person’s creditors from their reach. [read post]
10 Oct 2020, 4:37 pm
For example, a debtor who owns a business can expect to pay more due to possible dealings with business creditors, landlords and the bankruptcy trustee who may be looking to take possession of assets for the benefit of your creditors which may involve your bankruptcy attorneys time in dealing with these various parties in a bankruptcy case. [read post]
10 Oct 2020, 1:42 pm
The bankruptcy court date is called the 341 meeting of creditors, however it is rare for any creditors to show up to ask you questions. [read post]
10 Oct 2020, 9:43 am
So, what can the creditor do? [read post]
10 Oct 2020, 8:19 am
Much like a bankruptcy those creditors then go away. [read post]
9 Oct 2020, 3:45 pm
It is much easier to obtain a secured credit card, as there is not a lot of risk for the creditor or bank. [read post]
9 Oct 2020, 12:49 pm
New Brunswick Southern Railway Co. 20-310Issue: Whether the “six months rule” — which grants a special priority to certain unsecured claims of creditors that provided goods or services necessary to a railroad’s operation, in reliance on payment out of the railroad’s current income, in the six months before the receivership — entitles unsecured claims for necessary operating expenses incurred by a railroad in the six months before bankruptcy to priority of… [read post]
9 Oct 2020, 11:13 am
Unless a creditor is the IRS, a mortgagee, or a laborer that performed work on the home, a homestead property is safe from creditors’ claims. [read post]
9 Oct 2020, 8:24 am
It can be hard to reach out to a creditor or a lawyer to discuss obligations and develop a plan of action. [read post]
9 Oct 2020, 8:24 am
It can be hard to reach out to a creditor or a lawyer to discuss obligations and develop a plan of action. [read post]
9 Oct 2020, 8:08 am
Among other things, the Act will reintroduce the preferential position of HMRC over creditors holding floating charges and unsecured creditors. [read post]
9 Oct 2020, 8:08 am
Among other things, the Act will reintroduce the preferential position of HMRC over creditors holding floating charges and unsecured creditors. [read post]
9 Oct 2020, 5:02 am
If you are denied credit, the Equal Credit Opportunity Act (ECOA) requires that the creditor gives you a notice with specific reasons your application was denied. [read post]
8 Oct 2020, 8:44 am
Creditors with pre-increase claims How about the rights of creditors whose claim arose under the old law? [read post]
8 Oct 2020, 7:21 am
This means that if your spouse is responsible for making payments and fails to do so, you could be pursued by creditors. [read post]
8 Oct 2020, 4:57 am
When a vehicle is purchased on credit, the creditor retains connected rights to the property until the final payment towards the amount owed has been paid.... [read post]
7 Oct 2020, 8:30 pm
Creditors file a motion for relief, when they want relief from the automatic stay. [read post]
