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30 Apr 2020, 8:13 am
Finally, debtors in bankruptcy will no longer be required to file a homestead deed within five days of the conclusion of the meeting of creditors. [read post]
30 Apr 2020, 8:13 am
Finally, debtors in bankruptcy will no longer be required to file a homestead deed within five days of the conclusion of the meeting of creditors. [read post]
30 Apr 2020, 7:50 am
That fact may be determined on the basis of objective factors which are ascertainable by third parties (current and potential creditors) and relate to the financial interests of that debtor. [read post]
30 Apr 2020, 7:16 am
An aggrieved creditor, purchaser, or interested party can intervene in the litigation on a limited basis if it feels the need. [read post]
30 Apr 2020, 12:19 am
This means that you’ll be using all of your disposable income to pay your non-priority unsecured creditors. [read post]
29 Apr 2020, 1:31 pm
The information came to light through an affidavit filed with the Federal Court of Australia. [read post]
29 Apr 2020, 6:03 am
In response, one of the Petitioning Creditors (Mr. [read post]
29 Apr 2020, 4:24 am
A creditor-licensor of intellectual property rights is in a vastly different position than a creditor-licensee who takes its rights from a newly bankrupt party. [read post]
28 Apr 2020, 11:44 am
Think: expensive, formal, traditional, but possibly a powerful way to deal with creditors [read post]
27 Apr 2020, 5:29 pm
. #4 – Re-negotiate with your creditor – restructuring the accumulation of debts due to cash flow disruptions will probably be the focus when our business is re-opened. [read post]
27 Apr 2020, 12:47 pm
Creditors rarely show up. [read post]
27 Apr 2020, 9:22 am
Any money obtained by selling your property will be distributed to your creditors to satisfy the debt. [read post]
27 Apr 2020, 8:57 am
Do you want to negotiate with the creditors and pay reduced amounts to each? [read post]
27 Apr 2020, 6:00 am
In negotiations, a debtor owner or general contractor has a tremendous advantage against a creditor subcontractor or supplier. [read post]
26 Apr 2020, 9:56 pm
Under Bankruptcy Code section 363(d)(3), to avoid relief from the automatic stay being granted to a secured creditor (if it seeks it) with “single asset real estate” collateral, the debtor that holds that collateral must, within that 90 days, either: File a plan of reorganization in its case that has a reasonable possibility of being confirmed within a reasonable time; or Commence making monthly, interest-only payments to the secured creditor at the then-applicable… [read post]
26 Apr 2020, 2:20 pm
Apart from appreciating the value of such activities, we might think of all those who are compelled to do other things with their time, much of which may be rarely or truly discretionary: stand in line for free food distribution; apply (or repeatedly attempt to apply) for unemployment benefits; finds ways to avoid an abusing spouse, parent or caregiver; plead with mortgage lenders, landlords or creditors to be excused from making the next payment or negotiating for different and more… [read post]
26 Apr 2020, 1:39 pm
It also imposes a trustee who can act as a guide to the debtor, a protector of creditors and other interests, and an advisor to the court. [read post]
26 Apr 2020, 12:11 pm
The court denied the motion, and the creditor appealed. [read post]
25 Apr 2020, 8:50 am
In other cases we have assets to search for, assets to sell, creditors to deal with, tax problems to clear up, and beneficiary issues to clear up. [read post]
24 Apr 2020, 7:06 pm
Although Congress and the president have been the focal point of the government’s response to coronavirus, the Supreme Court has continued its work, as well—issuing a number of recent opinions and transitioning to remote arguments that the public can listen to live for the first time in the Court’s history. [read post]
