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17 Mar 2020, 2:18 pm by Walker & Walker Law Offices
But this intelligent, determined woman has never stopped fighting unfair creditor policies. [read post]
17 Mar 2020, 11:30 am by Stefanie Jackman
  The letter stated the because of the debt’s age, the creditor and debt collector could not sue the plaintiff for the debt or report it to a consumer reporting agency. [read post]
17 Mar 2020, 7:40 am by Shannon O'Hare
As a broad example, the following classes may exist for an airline business: secured creditors (e.g. aircraft financiers, lessors); priority creditors (e.g. employees, tax authorities, airport traffic and ground handing); trade creditors (who are vital for the operations of the business e.g. catering, fuel); and unsecured creditors. [read post]
16 Mar 2020, 3:15 pm by Mark Weidemaier
Oversimplified, the clause is a relatively ambiguous promise that creditors will be treated equally with other similarly-situated creditors. [read post]
16 Mar 2020, 11:56 am by Steven Boutwell
 For a host of reasons, Alta Mesa filed a Chapter 11 bankruptcy in Houston to sell its assets and to use the proceeds to pay creditors. [read post]
16 Mar 2020, 11:23 am by Sam
Your trustee or creditor can file a motion to have your filing  … Read more The post Conversion to a Chapter 13 Bankruptcy appeared first on Baker & Associates. [read post]
16 Mar 2020, 9:33 am by Mitu Gulati
– Let us imagine there were a single creditor holding Italy’s multitrillion dollar debt. [read post]
16 Mar 2020, 9:29 am by bblocklaw
The creditor then may send a repossession company to… The post Voluntary Repossessions Of Motor Vehicles appeared first on California Car Repossession Lawyer. [read post]
16 Mar 2020, 5:30 am by Jordan Rothman
* Creditors of Toys ‘R Us claim that employees bilked the company of assets during the bankruptcy process. [read post]
15 Mar 2020, 5:59 pm by The Clinton Law Firm
(Dkt. 182, Ex. 1, p. 3) (finance charge calculated by applying the periodic interest rate to the Daily Balance of the loan); 815 ILCS 205/2 (“Creditors shall be allowed to receive at the rate of five (5) per centum per annum for all moneys after they become due on any … promissory note … In the absence of an agreement between the creditor and debtor governing interest charges, upon 30 days’ written notice to the debtor, an assignee or agent of the… [read post]
15 Mar 2020, 12:40 pm by Bob Lawless
So long as the secured creditors are paid the value of their collateral (over time), and the debtor commits all of the “disposable income” of the business to the creditors for three to five years, the debtor can retain ownership of the business. [read post]
15 Mar 2020, 6:45 am by Dan Harris
Consider preemptively suing the alleged creditor somewhere so that you can very plausibly claim that you have been seized not because you owe a debt, but out of retaliation for having sued someone. [read post]
14 Mar 2020, 2:37 pm by Sam Turco
All pending 341(a) meeting of creditors in consumer chapter 7, 13 and 11 cases be automatically adjourned for some period of time (such as at least 4 weeks), OR that debtors and their counsel be permitted to appear telephonically, in place (given quarantine or social distancing, as applicable), by joint conference call or other electronic means, AND that ‘wet’ signatures (allow for /s/ signatures) be eliminated for those forms and in those jurisdictions where ‘wet’… [read post]
13 Mar 2020, 7:35 am by Kevin LaCroix
 Within the bankruptcy context, there could well creditor claims and other claims against company officials alleging mismanagement and other substantive violations. [read post]
12 Mar 2020, 11:38 pm by NWDRLF
It requires creditors and collection agencies to stop their debt collection attempts. [read post]
12 Mar 2020, 6:01 pm by MOTP
For the following reasons, the court denies the motion.IMoss is a law firm that exclusively represents creditors in suits to collect consumer debts.[1] Before Moss files a collection suit, its employees are required to confirm the debtor's information, including his name and address for service, on at least two current, independent sources, to ensure that Moss attempts to collect the debt from the correct person at the most recent address. [read post]
12 Mar 2020, 8:06 am by Mark Weidemaier
Most obviously, if it can persuade enough creditors to trigger the lower modification threshold, it can use the Exit Consent strategy. [read post]
11 Mar 2020, 7:54 am
Creditors can be ruthless and heartless when they are attempting to collect a debt. [read post]
10 Mar 2020, 1:31 pm by Kevin LaCroix
Having conducted a review of the few English law authorities on the subject the judge had no difficulty in concluding that: “The fact that, on a company’s entry into administration or creditors voluntary liquidation, the Insolvency Act 1986 is engaged, imposing a series of additional specific duties on the part of a director and limiting his managerial powers to those authorised under or in accordance with the Act, does not, in my judgment, operate so as to extinguish… [read post]