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9 Feb 2020, 3:51 pm
Baldiga and the FAH Liquidating Trust, the successor to the Official Committee of Unsecured Creditors of Fisker Automotive Holdings Inc. [read post]
9 Feb 2020, 12:00 pm
So, if the funds were not subject to a lien of a current creditor, would they have been protected as an exempt retirement account? [read post]
8 Feb 2020, 2:18 pm
Debt and Creditor Lists A debtor who is filing for bankruptcy is also required to disclose every debt, actual and potential. [read post]
7 Feb 2020, 3:38 pm
Second, most attorneys use software that allows debtors to input their creditors, property, income etc. [read post]
7 Feb 2020, 2:02 pm
Benefits Factoring gives creditors more flexibility when working with a business client that does not have a strong credit history. [read post]
7 Feb 2020, 1:32 pm
It could not be sold off to satisfy your creditors. [read post]
7 Feb 2020, 7:53 am
Negotiating with the IMF, a major creditor, is seen as key as Argentina hopes to avoid a default on its obligations. [read post]
7 Feb 2020, 6:00 am
During the automatic stay, your creditors cannot legally contact you to pursue payments. [read post]
6 Feb 2020, 5:29 pm
The whistleblower creditors were similarly situated in that they too wanted to maximize recovery in Fisker’s liquidation. [read post]
6 Feb 2020, 3:59 pm
Under bifurcation the attorney files a skeletal petition consisting of nothing more than a debtor’s name and a list of creditors. [read post]
6 Feb 2020, 8:09 am
In a 2018 ruling, Judge Ellen Huvelle largely agreed with the plaintiffs, concluding that the courts are breaking the law by spending PACER money on non-PACER projects like installing flat-screen TVs in courtrooms and sending electronic notifications to bankruptcy creditors. [read post]
6 Feb 2020, 5:47 am
Ultimately, a spendthrift trust is a useful tool when the grantor wants to limit access of the assets to the beneficiary, avoid probate for the assets listed in the trust, and protect certain assets from creditors. [read post]
6 Feb 2020, 5:46 am
The spendthrift trust ultimately limits the assets available to the beneficiary and protects the rest of the assets still in the trust from creditors. [read post]
5 Feb 2020, 6:18 pm
Totten trusts are essentially bank accounts with a named beneficiary. [read post]
5 Feb 2020, 1:18 pm
After the creditor recovers a money judgement (usually by default), the creditor will seek to execute this judgement. [read post]
5 Feb 2020, 12:13 pm
Advocates believe Section 1071 will “facilitate the enforcement of fair lending laws and enable communities, governmental entities, and creditors to identify business and community development needs and opportunities of women-owned, minority-owned, and small businesses. [read post]
5 Feb 2020, 8:51 am
The other party becomes a creditor in the bankruptcy proceeding. [read post]
4 Feb 2020, 10:00 pm
In 2017, Rule 3002 of the Federal Rules of Bankruptcy Procedure was amended to require the timely filing of a proof of claim or interest by secured creditors, as well as unsecured creditors and equityholders in chapters 7, 12 and 13. [read post]
4 Feb 2020, 1:22 pm
In other words, you can’t “prefer” one creditor over another. [read post]
4 Feb 2020, 8:03 am
Most people don’t even consider what might happen to their retirement accounts in the event of an early demise, because most of us plan retirement with the idea that we’ll be around to enjoy it. [read post]
