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1 Apr 2020, 5:33 am
Moreover, the Smiths would have likely benefited from a discussion and education on the following: The use of a staggered trust vs. a lifetime or dynastic trust (which does not payout/terminate at a specific age) to protect the inheritance from the children’s creditors, including potential ex-spouses; Allocating a portion of the estate to a “sprinkle” or “pot” trust for the collective benefit of the children to be used specifically for education and… [read post]
1 Apr 2020, 4:37 am
Make Your IP Pop Registered Patent Attorney / Partner Intellectual Property Litigation ASSOULINE & BERLOWE, P.A. 213 East Sheridan Street, Suite 3 Dania Beach, Florida 33004 Main: 954.929.1899 Fax: 954.922.6662 Email: GMP@assoulineberlowe.com http://www.assoulineberlowe.com/ LinkedIn || Twitter Intellectual Property, Labor & Employment, Creditors’ Rights & Bankruptcy, Business Litigation, Corporate… [read post]
31 Mar 2020, 12:16 pm
Senate Bill 311, which went into effect on October 1, 2019, allows an applicant for credit with no credit history to request that the creditor treat the applicant’s credit history as identical to that of the applicant’s spouse during the marriage. [read post]
31 Mar 2020, 7:45 am
Court of Appeals for the Fifth Circuit recently affirmed entry of summary judgment against a consumer debtor who claimed that a collection letter’s language, implying that interest or other charges (which the debt collector did not collect on debts referred to it by the creditor and were not referenced in the subject credit agreement) could accrue in the event of a default, violated the federal Fair Debt Collection Practices Act (FDCPA). [read post]
31 Mar 2020, 6:32 am
; (2) Can secured or unsecured creditors be barred from collection against an LLC if their claims are against a series, or vice versa? [read post]
31 Mar 2020, 6:14 am
It also moved for summary judgment, claiming the original plaintiffs weren’t creditors because their interests had been assigned. [read post]
31 Mar 2020, 4:31 am
Venezuela now faces litigation proceedings from creditors and the country has reportedly put aside USD 20m to defend the claims. [read post]
30 Mar 2020, 3:57 pm
All unsecured creditors must file a proof of claim listing the … Read more [read post]
30 Mar 2020, 2:14 pm
We certainly believe this to be an excellent practice, but also would like to provide a word of caution: not all creditors or debts will appear on your credit report. [read post]
30 Mar 2020, 1:42 pm
A solvent company’s duties to its creditors are instead defined in other ways – for example, by the law of contract, bankruptcy laws, general commercial law, and creditors’ rights. [read post]
30 Mar 2020, 8:50 am
Under the provisions of the SBRA, a qualifying small business does not need to have a majority of creditors vote to approve a reorganization plan as in larger Chapter 11 cases. [read post]
30 Mar 2020, 7:41 am
These assets are also shielded from creditors. [read post]
30 Mar 2020, 6:30 am
The emergence of this free-market transfer system has disrupted the application of a variety of the default features of the probate process, most ominously, the creditor protection function. [read post]
30 Mar 2020, 6:00 am
Depending on the success of recent legislation and how flexible creditors are willing to be with debtors, many of these workers may be unable to service their financial obligations. [read post]
30 Mar 2020, 5:46 am
Because the definitions of “creditor” and “debt collector” in the emergency regulation are far from models of clarity, a number of industry members, to be conservative, are reading the prohibition on calls by “debt collectors” to also apply to creditors. [read post]
30 Mar 2020, 4:59 am
To prevail on a nondischargeability claim under § 523(a)(2)(A), a creditor must demonstrate that the debtor intended to defraud the creditor, and to succeed under § 523(a)(6) the creditor must show that the debtor intended to injure the creditor or the creditor’s property. [read post]
30 Mar 2020, 3:10 am
It is once the creditor has demanded performance within a specified time, reasonable in the circumstances, and the debtor has failed to perform within that time, that they are regarded as being late. [read post]
29 Mar 2020, 8:01 pm
Reserve Your Seat Now Raleigh, NC Business, 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. [read post]
29 Mar 2020, 12:51 pm
What is the creditor's claim? [read post]
29 Mar 2020, 8:34 am
In legal parlance, a creditor whose claim arose before the alleged fraudulent transfer is a “present creditor,” and a creditor whose claim arose after the alleged fraudulent transfer is a “future creditor. [read post]
