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27 Jan 2020, 4:00 am
Other non-dischargeable debts: Bankruptcies involving former businesses seem to get more than the usual amount of creditor challenges to the discharge of debts. [read post]
26 Jan 2020, 9:00 pm
The lien would also make them a junior creditor if another creditor foreclosed on the property. [read post]
26 Jan 2020, 5:34 pm
I would put the estates of every person who died on the helicopter on my creditor’s notice list. [read post]
26 Jan 2020, 5:05 pm
And Argentina is seeking to get creditors to take haircuts, rather than exercise its redemption option. [read post]
26 Jan 2020, 2:00 pm
And yet, with all the money made through this grand scheme, Jennifer and Israel McKinney still can’t seem to pay their creditors. [read post]
26 Jan 2020, 6:02 am
If one creditor garnished more than $600 within 90 days of filing bankruptcy, a debtor may be able to get that garnishment refunded. [read post]
26 Jan 2020, 4:26 am
Planning for your estate and your legacy can protect your beneficiaries and the assets you leave them from their creditors, a future divorce, and even their own misjudgment. [read post]
25 Jan 2020, 6:38 pm
If a judgment is obtained, a creditor can garnish up to 25% of a paycheck and your license can be suspended. [read post]
24 Jan 2020, 9:05 am
If this is not done, the creditor may continue to execute/levy/garnish the property. [read post]
24 Jan 2020, 4:00 am
Avoid the creditor challenges for a cleaner case. [read post]
24 Jan 2020, 4:00 am
Avoid the creditor challenges for a cleaner case. [read post]
24 Jan 2020, 3:49 am
Jackson Masonry, LLC, holding that a bankruptcy court’s order denying a creditor’s motion to lift the automatic stay of debt-collection efforts is a final order that the creditor can appeal, helps “clarify what constitutes a final order in the bankruptcy context. [read post]
23 Jan 2020, 11:01 pm
Supporters of the changes, like Biden, believed that too many people were filing for bankruptcy — often people with more ability to repay their debts — a problem that was costly not just to creditors but to ordinary nonbankrupt consumers.link: https://www.vox.com/policy-and-politics/2019/5/6/18518381/baccpa-bankruptcy-bill-2005-biden-warren See… [read post]
23 Jan 2020, 6:31 am
By answering the first two referred questions the ECJ has made clear – rather not surprising – that an action brought by the trustee in bankruptcy appointed by a court of the Member State within the territory of which the insolvency proceedings were opened seeking a declaration that the sale of immovable property situated in another Member State and the mortgage granted over it are ineffective as against the general body of creditors falls within the exclusive jurisdiction of… [read post]
23 Jan 2020, 2:13 am
Some states have homestead statutes that exempt primary residences from being sold to meet the demands of most creditors or limit the amount creditors can recover from the sale. [read post]
22 Jan 2020, 7:59 pm
If Mick's new company were merely to credit bid its debt, it could probably win the foreclosure sale and own the property free and clear, as the effect of the foreclosure would be to discharge the lien on the second lien debt, which would render the second lien creditor an unsecured creditor of Mick's old company--a corporate shell with no assets. [read post]
22 Jan 2020, 11:47 am
If they do not do so the court may grant an application for condonation if it is satisfied that: the debt has not been extinguished by prescription; good cause exists for the failure by the creditor to comply with the notice requirements; and the organ of state was not unreasonably prejudiced by that failure, for instance, the event was not previously reported to it and any witnesses are no longer available. [read post]
22 Jan 2020, 7:00 am
An interested person is defined as an heir, devisee, spouse, creditor, or any other personal who has a property right in or a claim against an estate. [read post]
22 Jan 2020, 4:00 am
If none of your assets are within the trustee’s reach, then there is nothing to liquidate and distribute among your creditors, a process that can take a long time. [read post]
22 Jan 2020, 4:00 am
If none of your assets are within the trustee’s reach, then there is nothing to liquidate and distribute among your creditors, a process that can take a long time. [read post]