Search for: "Debtors and Debtors in Possession"
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13 Oct 2009, 1:03 pm
Where a vehicle was repossessed prior to the petition date, the creditor must give the debtor possession of the vehicle. [read post]
15 Mar 2012, 1:00 am
For example, if a debtor is in a situation where their landlord gets a rent and possession judgment against them for rent before the filing of the bankruptcy, that is not protected by the automatic stay. [read post]
3 Oct 2011, 7:56 am
The trustee and Chapter 11 debtor-in-possession, however, have additional tools that allow them to add other assets to the estate, which increase its overall value for pre-petition creditors. [read post]
30 Jun 2023, 10:19 am
Background of the Case It is reported that the debtor filed an adversary proceeding against the defendant, asking the court to reinstate an office lease and grant him damages for the defendant’s violation of the automatic stay, after the defendant took possession of property rented by a business. [read post]
21 Oct 2010, 1:10 pm
In October 2009 and April 2010, the United States filed proofs of claim against Old GM and its affiliated debtors to recover, among other things, past and future environmental cleanup costs for sites owned or operated by Old GM and its affiliated debtors, or where Old GM and its affiliated debtors had disposed of hazardous wastes. [read post]
4 Oct 2010, 12:47 pm
Sean Matthews is a homeless construction worker who was convicted of marijuana possession in 2007, and was assessed $498 in legal fines and costs. [read post]
22 Apr 2014, 4:52 pm
(d) Payment of the balance of the proceeds, if any, to the debtor or the debtor’s successor in interest. If there are conflicting claims to any portion of the proceeds, the person conducting the foreclosure sale is not required to distribute that portion of the proceeds until the validity of the conflicting claims is determined through interpleader or otherwise to the person’s satisfaction. 3. [read post]
22 Apr 2014, 4:52 pm
(d) Payment of the balance of the proceeds, if any, to the debtor or the debtor’s successor in interest. If there are conflicting claims to any portion of the proceeds, the person conducting the foreclosure sale is not required to distribute that portion of the proceeds until the validity of the conflicting claims is determined through interpleader or otherwise to the person’s satisfaction. 3. [read post]
29 Sep 2009, 12:35 pm
MADOFF INVESTMENT )SECURITIES LLC, ) ) Debtor. ) )REQUEST FOR PRODUCTION OF DOCUMENTS 1. [read post]
21 Dec 2006, 1:46 am
A creditors' committee can be an important safeguard to the proper management of the business by the debtor in possession. [read post]
21 Sep 2020, 1:08 pm
In March 2019, notice was served and then in May possession proceedings brought. [read post]
10 Sep 2014, 9:04 am
The automatic stay goes into effect immediately upon filing, and prevents creditors from contacting the debtor or continuing their collection process. [read post]
10 Sep 2014, 9:04 am
The automatic stay goes into effect immediately upon filing, and prevents creditors from contacting the debtor or continuing their collection process. [read post]
20 May 2019, 9:15 am
Entering into property-like language, the court explains the holding as based upon “the general bankruptcy rule that the estate cannot possess anything more than the debtor did outside bankruptcy. [read post]
2 Feb 2012, 3:16 am
The trustee and Chapter 11 debtor-in-possession, however, have additional tools that allow them to add other assets to the estate, which increase its overall value for pre-petition creditors. [read post]
30 Mar 2012, 2:00 am
Before the debtor was able to discover the eviction, her personal possessions were stolen. [read post]
7 Feb 2007, 9:42 pm
In short, the rejection had no effect on the now former debtor in possession 's ownership of the copyrights.Jordan E. [read post]
29 Jun 2010, 7:59 am
In Chapter 11, the debtor retains ownership and control of its assets and is re-termed a debtor in possession ("DIP"). [read post]
10 Mar 2010, 8:17 am
In Chapter 11, the debtor retains ownership and control of its assets and is re-termed a debtor in possession ("DIP"). [read post]
21 Nov 2012, 7:01 am
Section 348(f) tells us: 1) Except as provided in paragraph (2), when a case under chapter 13 of this title is converted to a case under another chapter under this title— (A) property of the estate in the converted case shall consist of property of the estate, as of the date of filing of the petition, that remains in the possession of or is under the control of the debtor on the date of conversion; In our example, the car was property of the estate when… [read post]
