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27 Aug 2010, 11:41 am
We'll be finishing up this series with practical suggestions for protecting claims in Domestic Support Obligations, Part 3--Protecting Support Creditors in Bankruptcy. [read post]
26 Mar 2021, 8:12 am
” Under the AUFTA, a creditor has a fraudulent transfer claim against a debtor for actual fraud whenever “the debtor made the transfer with actual intent to hinder, delay, or defraud any creditor of the debtor. [read post]
22 May 2008, 5:25 am
As a matter of first impression in the circuit, the Court agreed with defense attorneys that a “firm offer of credit” need not set forth an interest rate or identify the length of the loan term, see id., at 75-76; rather, the First Circuit held that “an offer of credit meets the statutory definition so long as the creditor will not deny credit to the consumer if the consumer meets the creditor's pre-selection criteria,” id., at 76. [read post]
13 Mar 2006, 4:41 pm
Therefore, the creditors are not disclosed here. [read post]
2 Oct 2013, 7:25 am
Have the wrong number for the fixed monthly payments to particular creditors, and the money is distributed, willy-nilly, to unsecured creditors. [read post]
24 Aug 2012, 11:44 am
Kodak reiterated yesterday that it has made no decision to sell the portfolio and they may, in consultation with creditors, ultimately decide to retain the portfolio as an alternative source of recovery for creditors. [read post]
3 Mar 2011, 10:14 am
Among efforts they have tried: - Debt Negotiation with creditors - Debt Consolidation companies - Debt Settlement Companies - Rolling the dice and hiding from creditor letters, phone calls and lawsuitsNearly every client who come to me, stating that they have tried any or all of the above, have told me they just don't work, and they are in a worse position than they were before they started! [read post]
10 Apr 2007, 7:34 am
Creditors enforce money judgments by getting a writ of execution from the court allowing them to levy on a debtor's assets. [read post]
1 Apr 2022, 1:23 pm
Exemptions define the assets that are safe from creditors in bankruptcy. [read post]
6 Apr 2023, 6:12 am
They must notify creditors of the estate and verify which creditor claims are valid and, thus, must be paid off with estate assets. [read post]
20 Sep 2009, 3:43 pm
Banks are difficult creditors to deal with. [read post]
20 Sep 2009, 3:43 pm
Banks are difficult creditors to deal with. [read post]
19 Oct 2010, 4:00 am
The bankruptcy filing occurred after a committee of creditors refused to extend a moratorium which had been agreed to so negotiations could proceed. [read post]
2 Sep 2021, 7:36 am
We discuss a range of practical issues related to the rule’s rapidly-approaching effective date, including: the prospects for further CFPB rulemaking or guidance; the aspects of the rule that should be prioritized by third-party collectors and debt buyers; the rule’s impact on creditors (for internal collections and third-party collector/debt buyer oversight), state law considerations, and steps being taken to mitigate risk; and greatest risks for third-party collectors and… [read post]
11 Dec 2023, 9:12 am
Depending upon the circumstances, you may want to file a police report, and send a copy of it to the creditor. [read post]
24 Apr 2009, 4:47 pm
I have a debt that was forgotten and the creditor was not listed on the liabilities list for my bankruptcy. [read post]
16 Nov 2017, 8:23 am
Values of assets, creditors’ claims and information on any funds exchanged in the process will be listed. [read post]
13 May 2010, 1:24 pm
Under a settlement approved by the bankruptcy court in January, "unsecured creditors will receive the first $2.5 million from the sale, minus back taxes the gallery owed. [read post]
24 Jun 2009, 4:37 pm
Here are the standard questions that the bankruptcy trustee asks debtors at chapter 7 and chapter 13 bankruptcy hearings also called a meeting of creditors or a 341 hearing. [read post]
1 Mar 2017, 8:30 pm
Elliott 16-764 Issues: (1) Whether the due process clause requires a debtor selling its assets under Section 363 of the Bankruptcy Code to notify its creditors not only of the details of the sale, as required by Section 363, but also of the grounds for potential claims against the seller; and (2) whether a seller’s failure to provide potential creditors with adequate notice of a Section 363 sale deprives the good-faith purchaser of Section 363’s “free and… [read post]
