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7 Jan 2021, 1:00 pm by Donald Maurice
In the past few months there have been at least four cases that could cause substantial disruption to debt buyers, creditors and their service providers alike. [read post]
30 Jan 2012, 1:34 pm by Stephen Trezza
  The automatic stay orders creditors to refrain from collection practices immediately once a debtor has filed for bankruptcy. [read post]
22 Nov 2010, 7:14 am by admin
When obtaining an attorney for creditor-debtor matters or collections, make sure that you discuss with your lawyer three important questions: 1) Is the filing of this lawsuit going to leverage the debtor into an immediate payment or the formation [...] [read post]
20 Apr 2008, 7:19 pm
A list of creditors (Schedules D,E, and F) should also be filed - even [...] [read post]
16 Dec 2011, 12:00 pm by admin
Filing for bankruptcy can be a great way to resolve debt troubles and protect your assets from creditors. [read post]
23 Jul 2020, 7:42 am
Many people mistakenly think that when you file a Chapter 13 Bankruptcy, and make payments back to your creditors, you are paying all your debt in full. [read post]
9 Sep 2009, 8:17 am by Jan Morrison
When drafted and implemented correctly, beneficiaries could be recipients of more wealth as the IRA will be 'stretched' and the beneficiaries will also benefit from the protection provided by the trust from creditor's, divorces, lawsuit judgments, etc. [read post]
Creditors argue that in the "zone of insolvency" the directors' fidcuiary duties switch to them rather than the stockholders as... [read post]
19 May 2016, 4:38 pm by admin
What this does is outlines for the bankruptcy court as well as your creditors as to what your intentions are regarding some of your property and perhaps leases. [read post]
1 Nov 2018, 3:59 am by Coleman Braun
The Supreme Court of Missouri recently affirmed the denial of a lender’s motion to compel arbitration of a consumer’s putative class claims because the arbitration provision at issue designated the use of a specific arbitrator which was no longer available to handle creditor claims. [read post]
28 Feb 2012, 5:26 am by Michael Froomkin
Today it’s one in seven. via naked capitalism, Matt Stoller: Towards a Creditor State – One in Seven Americans Pursued by Debt Collectors. [read post]
15 Nov 2019, 4:49 pm by leemedia
The purpose of the act is to eliminate abusive practices that creditors use to collect a debt from the consumer. [read post]
25 May 2011, 6:00 am by Trusts EstatesProf
A Beneficiary Defective Inheritor’s Trust, or B-DIT, allows a beneficiary to fund his or her own spendthrift trust, while shielding the trust assets from creditors at the same time. [read post]
20 Jun 2014, 4:14 pm by Mike Shovan
Robin Miller of CBAR reports that a state court default judgment on a fraud claim was nondischargeable based on the following case law developments: Elements of nondischargeability under Code § 523(a)(2)(A): To except a debt from discharge under Code § 523(a)(2)(A), a creditor must prove each of the following elements by a preponderance of the [...] [read post]
28 Sep 2011, 3:58 am by sally
“Social landlords face a constant struggle trying to persuade heavily indebted tenants that paying rent is a priority over paying off the tenants’ bigger, more threatening creditors.” Full story (PDF) Zenith Chambers, 13th September 2011 Source: www.zenithchambers.co.uk [read post]
3 Apr 2020, 11:49 am by Christina Gallo
District Court for the Southern District of New York held that because a subpoena duces tecum previously issued to the insured by a post-judgment creditor of a non-insured entity was not a “claim” against the insured, the subpoena and a later-filed lawsuit against the insured could not qualify as […] [read post]
20 Sep 2007, 10:38 am
The next step is usually the "meeting of creditors" or [...] [read post]