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3 Jun 2013, 7:54 am
Creditors are prohibited from attaching…Read more › [read post]
14 Jan 2020, 8:14 am
From the opening paragraphs of Justice Ginsburg’s opinion: The precise issue the Court today decides: Does a creditor’s motion for relief... [read post]
21 Apr 2020, 8:58 am
Bankruptcy Appellate Panel for the Eighth Circuit recently affirmed a bankruptcy court’s holding that the contemporaneous exchange for new value defense to a preference action under § 547(c) applied to a creditor bank that released its liens for less than full payment. [read post]
12 Feb 2007, 7:02 am
The UNCITRAL Model Law on Cross-Border Insolvency should enhance cross-border assistance for non-EU officeholders and creditors in British insolvency proceedings. [read post]
28 Sep 2009, 8:44 pm
Debtors filing for bankruptcy protection should be concerned about their right to receive an inheritance within the six months after filing for bankruptcy (if some relative has died before filing bankruptcy or the relative dies within 180 days of the debtor's filing), as the bankruptcy trustee can take that inheritance to pay creditors. [read post]
3 Jan 2012, 12:00 pm
When your creditor doesn’t have the time or resources necessary to pursue you to collect on a debt, they hire a third party company. [read post]
14 Mar 2011, 4:34 pm
"The Beneficent Government: Federal and State Regulators in Bankrupcy Cases" Regulators often have different goals than the usual bankruptcy constituencies -- maximizing returns to creditors is not what they're about. [read post]
23 Feb 2009, 6:00 am
Jenner & Block partner Paul Smith wins again for video game makers; a New Jersey judge hands out sanctions in a Biovail class action; and Baker & Hostetler's Irving Picard updates Madoff creditors. [read post]
20 Oct 2010, 8:26 am
Most small business owners understand that creating a separate corporate identity for their business is important to ensure that their personal finances are not subject to any creditors of the business. [read post]
26 Mar 2007, 4:11 pm
In Part Two we discussed how the Servicemembers Civil Relief Act (SCRA) can stay court and administrative proceedings brought by creditors. [read post]
12 Dec 2013, 1:46 pm
But anyone considering bankruptcy should also review their report to make sure they include all of their creditors in their documentation and schedules. [read post]
12 Oct 2021, 6:25 am
The overriding goal of probate is to convey the decedent’s assets to whom they wanted, how they wanted, and free and clear of creditor claims. [read post]
17 Feb 2010, 8:38 pm
That means that your creditors can no longer go after you for your debts. [read post]
11 Jul 2023, 10:45 am
Bank accounts owned by a married couple are protected from the creditors of either spouse if the account is owned as tenants by the entireties. [read post]
4 Nov 2007, 7:12 pm
Their job is to administer the case by liquidating property and collecting money for creditors. [read post]
5 Mar 2012, 6:57 pm
Although you are allowed to have a reasonable living budget, if you were able to save money, that money should technically go to pay back your creditors. [read post]
8 Aug 2014, 4:41 pm
As reported by Robin Miller of CBAR: Although the debtor had failed to schedule her prepetition claims against her mortgage creditors in her prior Chapter 13 bankruptcy case, and her failure to list the causes of action among her assets was tantamount to a representation that she had no such claims, the debtor was not [...] [read post]
12 Jan 2007, 10:16 am
In a filing with federal bankruptcy court, the carrier said that its shares, which are currently trading over the counter, would be canceled, and its unsecured creditors will not be paid in full. [read post]
7 Feb 2011, 1:00 am
If you are currently suffering from some type of creditor harassment or dispute and you believe that if the matter went in front of a judge that you would win the dispute, writing a cease and desist letter may be a good option for you. [read post]
5 Sep 2013, 6:00 am
If you are a business owner saddled with large debts, and have creditors knocking at the door, it can be tough to maintain a level head and decide what to do for your company’s financial future. [read post]
