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19 Jul 2020, 2:53 pm
A more adversarial process could lead to increased numbers of bankruptcy-related D&O claims, as creditors become more aggressive and more willing to assign blame. [read post]
19 Jul 2020, 10:18 am
Their creditors include the IRS and their cousins who are suing them. [read post]
19 Jul 2020, 6:46 am
A Chapter 7 Bankruptcy is a bankruptcy where your liability on your debts goes away and you do not make payments back to your creditors. [read post]
19 Jul 2020, 6:45 am
Against the backdrop of a decades-long growth in corporate debt, boards of directors are making decisions that have the potential for pitting the interests of creditors against the interests of equity shareholders. [read post]
18 Jul 2020, 7:31 am
You negotiate with the lender or creditor and they agree to settle the balance for less. [read post]
18 Jul 2020, 7:31 am
You negotiate with the lender or creditor and they agree to settle the balance for less. [read post]
18 Jul 2020, 2:51 am
As matters stand, the EEO Regulation continues to apply and continues to cause particular difficulties for debtors (and also creditors, enforcement authorities and the CJEU), whether in the Member State of origin or in the Member State addressed. [read post]
17 Jul 2020, 6:08 am
’s debt with the secured creditor (id., ¶ 43). [read post]
17 Jul 2020, 5:59 am
While states have their own requirements, the following steps may be required: 1) The will must be authenticated. 2) An executor must be appointed if not listed in the will. 3) Creditors must be notified. 4) Assets must be considered for their value on the date of death. 5) Assets must be located. 6) Debts must be paid. 7) Taxes will need to be filed. 8) Finally, assets can be distributed. [read post]
17 Jul 2020, 4:31 am
Arguably more importantly, though, filing for Chapter 13 bankruptcy initiates an automatic stay, which blocks creditors from attempting any further creditor action. [read post]
17 Jul 2020, 2:58 am
Creditor harassment. [read post]
16 Jul 2020, 12:14 am
You still have to pay back your debt to the creditor. [read post]
16 Jul 2020, 12:14 am
You still have to pay back your debt to the creditor. [read post]
16 Jul 2020, 12:14 am
You still have to pay back your debt to the creditor. [read post]
15 Jul 2020, 8:55 pm
For SDD Core and SDD business-to-business collection files from the creditor: (i) the full address details of the debtor; and (ii) the BIC code of the debtor bank when the creditor bank explicitly requests this data element from the creditor. [read post]
15 Jul 2020, 11:01 am
The coronavirus pandemic has been a time of national reckonings—about the perils of political polarization, a health care system that serves some more than others, and America’s unfinished project of civil rights. [read post]
15 Jul 2020, 10:35 am
All states have SOL deadlines for creditors to file collection lawsuits. [read post]
15 Jul 2020, 9:51 am
If you own a corporation or LLC, you may feel impervious to lawsuits or creditors who may seek your personal assets because you have the protection of the corporate veil. [read post]
15 Jul 2020, 8:32 am
The reason for this is in Chapter 7 bankruptcy you do not make payments back to your creditors. [read post]
15 Jul 2020, 2:55 am
This appeal raises the question of how far the rule applies to creditors. [read post]