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24 Jan 2024, 6:00 pm
If you are a creditor, you are adverse to your daughter, who is a debtor. [read post]
24 Jan 2024, 5:41 pm
Once a probate is open, a creditor has only four months from the date the executor or administrator is appointed to file a claim in probate. [read post]
24 Jan 2024, 8:24 am
It can be filed voluntarily by the debtor or initiated by their creditors through a court order. [read post]
24 Jan 2024, 5:54 am
Under Oregon law, there are a number of steps a trustee must take to properly administer a trust, including the following: Provide notice to beneficiaries Determine whether there are assets titled outside the trust requiring probate Deal with creditors Pay debts and expenses File the decedent’s income tax return Ensure trust assets are properly valued Prepare an accounting Distribute the trust assets in accordance with the instructions Under Oregon law, a trustee must… [read post]
23 Jan 2024, 12:33 pm
This podcast does not constitute the creation of an attorney-client relationship.Raleigh, NCBusiness, Construction, & Creditor's Rights AttorneysVaried backgrounds and expertise of dedicated attorneys and staff providing clients with effective and efficient legal advice and representation throughout North Carolina.Learn MoreJames R. [read post]
23 Jan 2024, 9:38 am
– Representation and Advocacy In both types of bankruptcy, having an attorney means having an advocate who represents your interests, whether in negotiations with creditors or in the courtroom. [read post]
23 Jan 2024, 6:00 am
One such tool available to judgment creditors is garnishment, the legal mechanism that provides a portion of a judgment debtor’s wages or funds withheld to the creditor instead. [read post]
23 Jan 2024, 5:00 am
Lender Liability Under Environmental Laws in Real Estate Transactions Review this practice note discussing the risks real estate lenders and other secured creditors face under various environmental laws. [read post]
22 Jan 2024, 8:13 am
The public policy behind exemptions as preserving the assets necessary for basic living overrides the laws against transfers to hinder creditors. [read post]
22 Jan 2024, 4:40 am
Both creditors and debtors must have a thorough understanding of creditor rights and legal procedures in cross-border bankruptcy cases. [read post]
22 Jan 2024, 3:10 am
Be prepared to share details about your expenses, creditors, and any legal actions taken against you. [read post]
21 Jan 2024, 11:28 pm
Some states offer homestead exemptions that protect a certain amount of home equity from creditors. [read post]
21 Jan 2024, 4:52 am
In that case, a probate lawyer can take over the process of satisfying creditors’ claims and addressing tax liabilities. [read post]
20 Jan 2024, 7:34 pm
Examples include someone with a substance abuse problem or creditor issues, or someone who is in the process of divorcing a spouse. [read post]
20 Jan 2024, 3:47 am
They do this while repaying creditors through a court-approved plan. [read post]
19 Jan 2024, 2:11 pm
A Chapter 13 might be an option if you have gambled since you are trying to pay creditors back to some extent. [read post]
19 Jan 2024, 2:11 pm
A Chapter 13 might be an option if you have gambled since you are trying to pay creditors back to some extent. [read post]
19 Jan 2024, 10:24 am
Trusts serve several critical functions, including: Protecting assets from creditors or ensuring that poor financial decision-making doesn’t dissipate inherited wealth Passing on assets and family wealth through succeeding generations while avoiding the time and expense of probate and estate administration Offering privacy in an estate plan, as trust documents can remain confidential while wills must be filed in open probate court proceedings Facilitating elderly or… [read post]
19 Jan 2024, 6:37 am
It is also used to nominate a guardian for minor children if both parents die and designate the executor to settle the estate under the directions provided in the document while also addressing any claims of creditors and beneficiaries. [read post]
18 Jan 2024, 3:30 am
When you file bankruptcy, your creditors receive notice that you filed and are given the timeline of events during your case. [read post]
