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28 Aug 2020, 10:31 am
Not all transfers require intent to defraud your creditors though. [read post]
28 Aug 2020, 7:24 am
The court disagreed, concluding that the bankruptcy exception “applies to restore coverage” and that, if the insurers intended to exclude such claims from creditors, they could have clearly done so. [read post]
27 Aug 2020, 6:11 pm
It’s often said that 99% of divorces end up settling rather than go to trial. [read post]
27 Aug 2020, 11:13 am
The CFPB asks: how creditors and third party collectors have changed their practices over the past two years in collecting on delinquent or charged-off accounts whether the use of electronic communication by creditors and debt collectors in connection with credit card debt has grown or otherwise evolved Disclosures. [read post]
26 Aug 2020, 11:59 am
That YayYo promised certain of its creditors that if they purchased shares in the IPO to help close the offering, YayYo would repurchase the shares after the IPO with funds from the IPO. [read post]
25 Aug 2020, 7:32 am
Influential public and private bodies have decisively moved from an answer grounded in the capital model (the shareholders and finance creditors) to an interest stakeholder model. [read post]
25 Aug 2020, 3:15 am
As the global economic recession grows, so does the number of vessel arrests by maritime creditors. [read post]
24 Aug 2020, 12:29 pm
This gives creditors some satisfaction from the money that was … Read more The post Understanding Bankruptcy appeared first on Baker & Associates. [read post]
24 Aug 2020, 8:28 am
All of your debts will be included in a bankruptcy in order to be fair to creditors. [read post]
24 Aug 2020, 6:04 am
Priority is how courts determine which creditors get paid first. [read post]
24 Aug 2020, 4:28 am
All of your debts will be included in a bankruptcy in order to be fair to creditors. [read post]
21 Aug 2020, 3:17 pm
How might one run afoul of their creditors or the court during bankruptcy? [read post]
21 Aug 2020, 1:02 pm
It further argues that this dilemma can be resolved through an interpretative approach that leads to the equal treatment of like creditors. [read post]
21 Aug 2020, 9:54 am
The trustee can access and sell assets to repay your creditors, and how much remains for you to keep depends on how much you owe your creditors. [read post]
21 Aug 2020, 6:23 am
To address concerns that a creditor may attempt to take steps to help keep a loan current, (1) if a creditor escrows funds to help cover loan payments, funds taken from the escrow would not be considered in assessing whether a periodic payment has been made or is delinquent, and (2) funds paid on behalf of the consumer by the creditor, servicer, or assignee of the covered transaction (or any other person acting on their behalf) would not be considered in assessing whether… [read post]
20 Aug 2020, 6:15 pm
“The expenses of the family and of the education of the children shall be chargeable upon the property of both husband and wife, or of either of them, in favor of creditors therefor, and in relation thereto they may be sued jointly or separately. [read post]
20 Aug 2020, 3:53 pm
Factual History It is reported that the creditors made a set of loans to a company that was owned by the debtors. [read post]
20 Aug 2020, 11:39 am
In general, bankruptcy is an outcome that most creditors want to avoid when dealing with a debtor. [read post]
20 Aug 2020, 10:50 am
By its nature, bankruptcy law self-regulates, appointing the firm’s creditors to oversee management’s business decisions that will directly affect the creditors’ overall final payout. [read post]
20 Aug 2020, 5:00 am
How Debt Settlement Affects Your Credit The above process is usually much faster than debt settlement, since debt settlement involves paying large amounts to creditors over time and then waiting 7 1/2 years for those bad debts to fall off your credit reports. [read post]