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27 Feb 2020, 9:35 am by Yosie Saint-Cyr
Note that this change does not apply to operations that employ five or fewer workers, not including family members and those who have less than six consecutive months of service with the employer. [read post]
25 Feb 2020, 11:13 pm by NWDRLF
Creditors will be notified by the bankruptcy court that they will not be able to collect on the relevant debts and therefore will not need to file a proof of claim. [read post]
24 Feb 2020, 10:09 am by shmedia
Unlike other creditors, the IRS and FTB have unlimited resources to collecting on your tax debt. [read post]
21 Feb 2020, 11:17 am by Adam Levitin
  $135 for a dial-in service is nothing for a BigLaw firm, but it’s a lot for an individual creditor or employee. [read post]
18 Feb 2020, 9:19 am by Chris Wesner
Discussion One of the primary goals of Chapter 7 relief is to offer debtors a “fresh start” through discharge “in exchange for liquidation of the debtor’s assets for the benefit of his creditors. [read post]
17 Feb 2020, 12:01 pm by Mark Weidemaier
A follow-up on my exchange with Mitu (parts 1, 2, 3, and 4) about whether a judgment-holder is bound by the terms of a restructuring accomplished via a sovereign bond’s collective action clause (CAC). [read post]
10 Feb 2020, 4:42 am by NWDRLF
” It essentially protects debtors from persistent collection efforts from creditors and other collection agencies. [read post]
8 Feb 2020, 2:18 pm by NWDRLF
If you were to file for bankruptcy, you must furnish your bankruptcy attorney with a list of all your creditors as well as the debt collection agencies you’ve heard from to help him or her figure out how to deal with them. [read post]
7 Feb 2020, 2:02 pm
For instance, the customer may refuse to pay the invoice if they have not received the promised goods from the business or were unsatisfied with the service. [read post]
7 Feb 2020, 7:53 am by Shannon O'Hare
In an attempt to prevent a similar occurrence in the future, Argentina included “single-limb collective action” clauses to recently issued debt. [read post]
4 Feb 2020, 1:22 pm by Wiggam & Geer
When you file bankruptcy, an automatic stay arises that prevents creditors from taking any type of collection activity against you. [read post]
4 Feb 2020, 12:55 am by NWDRLF
It’s an injunction that takes effect upon the bankruptcy filing and it puts a halt on all debt collection attempts from collection agencies and creditors. [read post]
3 Feb 2020, 4:09 am by Walker & Walker Law Offices
In addition, your creditors can’t purse you directly, which protects you from abusive collection techniques and harassment at your home or work. [read post]
24 Jan 2020, 9:05 am by Racine Olson
Muhonen, Creditor’s Rights / Collections Attorney, Racine Olson, PLLP One of the first things I discuss with new clients whom are seeking legal representation to collect money from their debtors is whether the debtor has any assets that can be collected upon. [read post]
19 Jan 2020, 12:58 pm by On behalf of Michael L. Feinstein, P.A.
Another example of a self-help remedy is employing the services of a debt collection company. [read post]
17 Jan 2020, 5:54 am
Posted by by the Harvard Law School Forum on Corporate Governance & Financial Regulation, on Friday, January 17, 2020 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of January 10-16, 2020. [read post]
9 Jan 2020, 8:31 am by Walker & Walker Law Offices
This means your creditors can’t collect debt from you and can’t take action like foreclosure or cut off service. [read post]