Search for: "Creditors Collection Services"
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25 Mar 2024, 10:00 pm
Liquidation Analysis: Best Interest of Creditors Test See this practice note when drafting the liquidation analysis for purposes of the best interest of creditors test. [read post]
22 Mar 2024, 11:55 am
When you file for bankruptcy, an automatic stay is imposed, meaning creditors cannot pursue collections from you. [read post]
19 Mar 2024, 6:08 pm
On the other side was a deeper faith in the market and in the autonomy of collective behavior, one which understood that private collectives ought to align with policy but not necessarily serve primarily as its instrument. [read post]
19 Mar 2024, 2:45 am
With regard to financial services, the letter highlights the importance of the Consumer Duty for firms in assessing whether their collections processes (including the tone and frequency of debt communications) are delivering fair outcomes for their customers. [read post]
10 Mar 2024, 12:57 pm
" At issue in Barclift was whether a consumer whose personal information was shared by a creditor with a third party, in violation of the Fair Debt Collection Practices Act, suffers an injury that is sufficiently "concrete" to satisfy the requirements of Article III. [read post]
6 Mar 2024, 12:32 pm
Mar. 1, 2024) “Qoins is a financial technology company that collects funds from its customers and disburses payments to designated creditors in order to help its customers pay off their debts. [read post]
5 Mar 2024, 10:01 am
Assisting in collecting life insurance proceeds. [read post]
4 Mar 2024, 5:56 pm
Pix credit here In a 53 page opinion, the United States District Court for Northern Alabama has ruled, in National Small Business Association v. [read post]
22 Feb 2024, 10:09 am
Individuals work with family courts or other government agencies for ordinary garnishments, while consumer debt garnishments often involve working directly with creditors or collection agencies.Garnishment for most types of consumer debt may occur after a creditor wins a judgment in court. [read post]
15 Feb 2024, 10:05 am
Source: [1] Declaring Bankruptcy | Internal Revenue Service. [read post]
14 Feb 2024, 7:00 am
In the event that the compensation is tied to the estate, creditors may try to recover debts against the deceased party through the estate. [read post]
27 Jan 2024, 8:50 am
This legal protection prohibits creditors, including landlords, from taking any further collection actions, including eviction proceedings.The landlord can petition the bankruptcy court for relief from the automatic stay, allowing them to proceed with the eviction. [read post]
24 Jan 2024, 8:24 am
After compiling these documents, a bankruptcy petition with the appropriate bankruptcy court in their jurisdiction must be filed.Filing the petition triggers an automatic stay, which puts an immediate halt to collection calls, wage garnishments, and other debt collection activities. [read post]
17 Jan 2024, 3:36 am
The retainer agreement limited Tully Rinckey’s representation to preparing a bankruptcy petition and related schedules and did not include any service for appeals, postjudgment work or matters other than the bankruptcy proceeding. [read post]
16 Jan 2024, 6:00 am
Automatic Stay and Setoff The automatic stay provision in bankruptcy stops most collection activities by creditors, including setoffs. [read post]
8 Jan 2024, 1:50 pm
Assets that require appraisal include real estate, jewelry, artwork, and other collectibles. [read post]
6 Jan 2024, 7:51 am
Ct. 1980) A divorce attorney can still collect from the ex-spouse who owes their own client money by issuing the ex-spouse a citation to discover assets. [read post]
3 Jan 2024, 1:28 pm
” When you file for bankruptcy, an automatic stay goes into effect, which prevents creditors, including mortgage lenders, from taking any further collection actions, including foreclosure proceedings. [read post]
11 Dec 2023, 1:18 pm
Some examples of direct or indirect (e.g., as a trustee of a trust) substantial control include: (A) board representation; (B) ownership or control of a majority of the voting power/rights; (C) rights associated with any financing arrangement or interest in a company; (D) control over one or more intermediary entities that separately or collectively exercise substantial control over a Reporting Company; (E) arrangements or financial or business relationships, whether formal or informal,… [read post]
5 Dec 2023, 11:10 am
An attorney can assist with the proper filing of probate paperwork and help resolve disputes among creditors and family members. [read post]
