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16 Apr 2020, 9:57 am by doug
The possibility of Covid-19 stimulus checks — $1,200 for most Americans — ending up in the pockets of banks and bill collectors instead keeps popping up in the headlines, with much of the reporting driven by David Dayen of the American Prospect e-zine. [read post]
16 Apr 2020, 7:23 am by Mitu Gulati
And they found it in the reverse acceleration right that, in most sovereign bonds, sits with a simple majority of creditors. [read post]
15 Apr 2020, 4:35 pm by John Jascob
And the model rules would “make the creditor no worse off than the credit would be in liquidation. [read post]
15 Apr 2020, 3:16 pm by Kevin LaCroix
Claims by creditors, shareholders, trustees, and other company stakeholders relating to possible insolvency or bankruptcy. [read post]
15 Apr 2020, 1:16 pm by Mark Weidemaier
Second, there is the risk that a small subset of creditors will try to extract a preferential settlement by blocking a modification that would benefit creditors as a group. [read post]
15 Apr 2020, 10:42 am by Allen Graves
If they continue harassing calls or communication, talk to a bankruptcy attorney about possible legal action against the creditor. [read post]
15 Apr 2020, 10:30 am by Robert Wilbert
Last  Friday approximately 140 million American households started  receiving Economic Impact Payments, or Stimulus “checks. [read post]
15 Apr 2020, 10:08 am by O&A Law
Smith handles all types of state and federal court litigation, representing creditors and lenders. [read post]
15 Apr 2020, 8:46 am by Woodruff Family Law Group
The trustee argued that the wife’s interests in the retirement plan was property of the estate, subject to division among the creditors. [read post]
15 Apr 2020, 7:01 am
The automatic stay puts nearly all creditors and debt collection actions on an equal playing field and gives the filer a much-needed break as they work with a bankruptcy attorney on the best solution to their debt problems. [read post]
15 Apr 2020, 6:24 am by Parrish McLeod
If you are denied credit, the Equal Credit Opportunity Act (ECOA) requires that the creditor gives you a notice with specific reasons your application was denied. [read post]
15 Apr 2020, 6:00 am
Instead, creditors of a solvent corporation are protected through other means, such as contracts, fraud and fraudulent conveyance laws, implied covenants of good faith and fair dealing, bankruptcy law, general commercial law and creditors’ rights. [read post]
14 Apr 2020, 11:48 am by Astarita
The PPP loans, when forgiven if used in accordance with the government program, are not compromises with creditors. [read post]
14 Apr 2020, 10:07 am by doug
The discharge is not dependent on a creditor’s claims being filed, allowed, or upon the approval by a creditor of the plan. 11 USC s. 1141 (d). [read post]