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5 May 2009, 1:01 pm
Part (a) requires the listing of certain payments made to creditors within the 90 days before the case is filed if your debts are [...] [read post]
2 Dec 2007, 4:05 pm
BAP November, 2007) Issue: Can a creditor seize a person's interest in his spouse's wages in California after the spouse has filed a bankruptcy petition and received a discharge?... [read post]
22 Feb 2007, 5:16 am
As discussed here, the US Supreme Court last term surprised many by deciding that the "plain meaning" of a bankruptcy statute must be filtered through a prism that, "in the main, secure[s] equal distribution among creditors [and] take[s] into account,... [read post]
20 Sep 2019, 1:57 pm
After your plan is confirmed with the court, a trustee, you, or your unsecured creditors who filed a claim may ask permission of the court … Read more [read post]
1 Jul 2024, 10:00 am
Michael Jackson's debts and creditors' claims at his death in 2009 amounted to over $500 million, as revealed in a recent court filing by his estate. [read post]
4 Jun 2009, 6:52 am
The first part asks about “Assignments for the Benefit of Creditors,” and the second part asks about receiverships. [read post]
19 Jul 2019, 8:25 am
The trustee is an appointed court official who is assigned to, essentially, be the neutral party between the debtor and the creditors. [read post]
23 Dec 2020, 8:51 am
Here is my take on some of the most significant regulatory activities from the past year in consumer debt collection that will continue to impact both consumers and creditors in the years to come. [read post]
13 Sep 2011, 7:01 am
The Massachusetts Homestead: A Cheap and Easy Way to Protect Your Home Filing a Declaration of Homestead can protect your Massachusetts home from judgment creditors and lawsuits. [read post]
22 Jul 2007, 10:05 am
If you receive a 1099 from a creditor after you file bankruptcy, IRS Form 982 will help you out. [read post]
27 Jul 2007, 4:05 am
Disposable Income is the amount of money a debtor must pay to unsecured creditors [read post]
28 May 2009, 8:04 am
-owned fashion house bearing his name filed for court protection from creditors. [read post]
12 Jun 2011, 1:30 pm
Also, the Court could possibly extend your bankruptcy period (and with it your payments to creditors) by 2-3 years or more, although this is unlikely. [read post]
29 Nov 2011, 11:43 am
Former Managing Director, Lehman Brothers "On November 4, 2011, Lehman Brothers’ creditors voted on Lehman Brothers’ liquidation plan, with approval from the bankruptcy court to... [read post]
10 Sep 2023, 8:00 am
Suppose a hypothetical client asked a question regarding a judgment creditor’s writ of garnishment of accounts receivable. [read post]
24 Jun 2011, 2:00 am
If you have a vehicle that you cannot make payments on, you have the choice of voluntarily surrendering the car or you can let the creditor repossess it. [read post]
3 Dec 2010, 8:48 am
Judge Jed Rakoff (S.D.N.Y.) denied Goldman Sach's motion to vacate a $20.580 million arbitration award obtained by the Official Unsecured Creditors' Committee of Bayou Group on Nov. 8, 2010 and promised that a written opinion would follow. [read post]
11 Jan 2023, 9:45 am
On August 15, 2022, the California governor signed SB 633 into law, expanding the obligations of creditors obtaining the signatures of more than one person on a consumer credit contract, including a motor vehicle lease, who do not receive any ... [read post]
3 Aug 2017, 6:00 am
When a person passes away owing debts, it is important that creditors follow the proper procedures to make their claims against the estate. [read post]
22 Jun 2010, 3:49 am
Gala Coral's creditors wrested control of the British gambling business from its private equity owners, closing the chapter on one of Europe's most high-profile buyout failures in recent memory, Reuters reported. [read post]