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13 Jan 2014, 11:01 am
It just requires the creditors to stop. [read post]
12 Aug 2022, 5:20 am
When an automatic stay is in effect, no creditor can pursue debt collection at the expense of other creditors. [read post]
16 Nov 2009, 7:00 am
In Chapter 7, you had secured creditors appearing to discuss reaffirmation. [read post]
18 Apr 2012, 6:53 am
The creditor can never sue you or contact you regarding the debt. [read post]
5 Jun 2012, 6:53 pm
If the consumer misses the court appearance, the creditor may obtain a default judgment. [read post]
12 Sep 2014, 10:34 am
Trustee appointed an unsecured creditors' committee, but the court vacated the appointment and disbanded the committee. [read post]
7 Sep 2023, 5:57 pm
Nor does it give creditors an option to file for an alternative restructuring plan. [read post]
27 Apr 2009, 11:47 am
She claimed it as exempt from distribution to creditors — $1,850 as the value of the items as tools of her trade plus $8,868 as miscellaneous property she wanted to retain — a total of $10,718. [read post]
12 Apr 2018, 8:23 am
Creditors currently using LIBOR are advised to consult with counsel as to how best to proceed. [read post]
27 Jan 2009, 5:50 am
The court was at a loss to explain how the creditor could object to an exemption that had not been claimed [read post]
6 May 2009, 1:32 pm
As a secured creditor, First Republic could have claimed the proceeds before others. [read post]
25 May 2014, 6:29 pm
In this miscellaneous proceeding, the respondent, administrator de bonis non, moves to dismiss the petition by two alleged creditors for revocation of his letters pursuant to CPLR 3211 (a) (2) and (3). [read post]
15 Jun 2018, 3:19 pm
SO ANY MONEY YOU PAY A CREDITOR WITHIN 90 DAYS/ONE YEAR IS A PREFERENCE? [read post]
5 Mar 2010, 8:59 am
Tip 2: Living Trusts Don’t Protect against Creditors A common misconception is that a living trust will provide creditor protection. [read post]
13 Feb 2006, 12:01 pm
While 362(c)(3)(B) permits the stay to be extended "as to any or all creditors," the court held that a motion seeking relief as to all creditors must set forth sufficient allegations to state a basis for such relief, and to give all creditors notice of the issues to be addressed at the hearing.In addition, Judge Isgur noted that this was the first motion of its kind filed in his court under the new Act. [read post]
5 Nov 2011, 1:00 am
The Court of Appeal ruled that a third party judgment creditor is merely an incidental beneficiary, and unless the third party obtains an assignment by the insured of its rights under the insurance contract, the third party has no right to bring a claim upon a duty owed only to the insured (i.e., the duty to defend). [read post]
25 Jul 2016, 7:50 am
It’s a completely different animal than a collection lawsuit brought directly by the original creditor. [read post]
29 Aug 2012, 10:26 am
In a nutshell, it is nearly impossible for creditors to force the sale of a homestead (a situation famously highlighted by OJ Simpson, who purchased a large estate in Florida in part to avoid creditors). [read post]
12 Jan 2009, 1:01 pm
Sage--who has represented creditors and bondholders in the Chapter 11 proceedings for Refco Inc. and Ziff Davis Media Inc. [read post]
7 Jan 2023, 5:30 am
When you file a bankruptcy you will either be advised that your automatic payments will stop after filing or you should make sure to stop them prior to filing, this advice depends on the creditor. [read post]
