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13 Jan 2016, 7:43 am by Scott Brinkman
If the creditor exercises the second option, then it must file a complaint with the local court. [read post]
31 Jan 2010, 12:28 pm by Randall Reese
The United States Trustee for Region 2 announced the appointment of the Official Committee of Unsecured Creditors for Uno Restaurant Holdings Corporation and its approximately 150 affiliates that filed for chapter 11 bankruptcy protection on January 20, 2010. [read post]
30 Mar 2020, 2:14 pm
We certainly believe this to be an excellent practice, but also would like to provide a word of caution: not all creditors or debts will appear on your credit report. [read post]
22 Mar 2008, 3:00 pm
Generally, if a creditor doesn’t file a proof of claim in a timely fashion in your Chapter 13 case, that creditor does not get paid. [read post]
20 Jun 2014, 4:37 pm by Mike Shovan
As reported by Robin Miller of CBAR, a Michigan Creditor failed to show that debtor knew that misrepresentation was false and the creditors claim was ruled to be dischargeable: The judgment creditor failed to prove that the Chapter 7 debtor knew that his statement, that he was an authorized member of the limited liability company [...] [read post]
7 Nov 2010, 2:29 pm by Larry Ribstein
  The court said this creditor right gave rise to the trust fund doctrine, and in turn to the creditor derivative action. [read post]
28 Jan 2014, 9:28 am
A lien is a legal claim on property based upon a debt owed to the lien holder or creditor. [read post]
23 Dec 2019, 6:06 am
By contrast, commentators have paid near negligible attention to debt buybacks despite their ability to radically and rapidly re-shape the bargain between an issuer and entire swath of creditors. [read post]
8 May 2024, 3:52 am
  If creditors coming after your home is a point of serious concern for you, your best option is to consult an experienced estate planning attorney about which arrangements can keep your house and other assets safe going forward.How California Creditors Can Take Your HomeIn the state of California, creditors can seize your home in a number of ways. [read post]
  Nothing prohibits you from voluntarily paying your creditors, either one or two creditors that are important to you, or all of them. [read post]
10 Sep 2010, 2:00 am by Duncan Law Team
Yes, once a person has case number after filing either a Chapter 7 bankruptcy or a Chapter 13 bankruptcy, a creditor is prohibited from trying contact the debtor in any attempt to collect a debt. [read post]
21 Oct 2022, 12:00 pm by Gerry W. Beyer
The American Bar Association, Real Property, Trust, and Estate Law Section will be hosting the Creditor’s Rights and Estate Planning presentation on Tuesday, November 15, 2022. [read post]
4 Jun 2019, 9:16 am by Sean Rohtla
The US Supreme Court ruled Monday that a creditor may be held in civil contempt for violating a bankruptcy court’s discharge order if there is no fair ground of doubt as to whether the order barred the creditor’s conduct. [read post]