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27 Jul 2010, 6:54 am by On the Net
But after a certain period of time your creditors (supposedly) can’t get at these funds. [read post]
4 May 2010, 1:39 pm by doug
In the Pearson case, judge Melvin Hoffman struck down a provision in a debtor’s Chapter 13 plan that would have provided for administrative claims to be paid by the trustee out of the plan money set aside for reimbursing unsecured creditors. [read post]
24 Oct 2011, 10:09 am
If you think that a creditor is doing something unethical in an attempt to collect a debt, it may be illegal. [read post]
3 Aug 2021, 11:50 am by Ronald V. Miller, Jr.
If the statute of limitations has expired it means that the creditor no longer has the legal right to enforce the debt against you in court. [read post]
6 Jun 2018, 11:05 am by Parker & DuFresne, P.A.
The creditor is likely to seek payment from the other spouse if the one ordered to pay fails to. [read post]
13 May 2015, 3:00 pm by Frank Coxwell
Also, creditors must stop calling you, sending you letters, calling your family, etc. [read post]
25 Aug 2015, 6:58 am by Ken Laino
  But keep in mind that ultimately, a creditor can always discover who the owners and managers are. [read post]
6 Mar 2018, 5:22 pm by Aurora Barnes
FCStone, LLC 17-1086 Issues: (1) Whether, in mass financial fraud bankruptcy and federal receivership cases, all victims of a debtor’s fraud should share equally in the distribution of commingled funds (a) without regarding to whether an individual creditor has attempted to pursue a trust remedy against such funds or has elected to rely on the trustee to recover and distribute the recovered funds equally to all creditors; and (b) even where “actual tracing”… [read post]
7 Dec 2012, 8:47 am by Colin Zick
The new Act narrows this definition by excluding anyone who advances funds on behalf of a person for expenses incidental to a service provided by the creditor to that person. [read post]
4 Feb 2012, 1:21 pm by Jonathan Alper
If the IRA is sued a creditor should be able to levy upon whatever the IRA owns. [read post]
12 Jul 2008, 5:17 pm
Creditors tend to be national and big money players. [read post]
26 Feb 2007, 8:00 pm
In general, a director of a corporation will be deemed to have acted tortuously towards a creditor if the director involved on behalf of entered into an obligation on behalf of the corporation, whilst he knew at that time, or should so have known, that the corporation would be unable to timely meet that obligation and would offer no resource for the resulting claim of the creditor. [read post]
16 Sep 2008, 12:30 pm
  Creditors will be unable to file suit or attempt to collect debts, while the town comes up with a plan to pay off its creditors; Home owners often file in order to stay a foreclosure. [read post]
30 Mar 2011, 2:00 am by slemberg
The bill’s supporters say that six years enables consumers and creditors to work out payment arrangements, while its detractors say that the longer period simply enables creditors to sell the debt to debt buyers, who then collect on accumulated interest and fees. [read post]
9 Oct 2020, 11:13 am by Chepenik Trushin LLP
Unless a creditor is the IRS, a mortgagee, or a laborer that performed work on the home, a homestead property is safe from creditors’ claims. [read post]
27 Jul 2010, 5:05 pm by Michael S. Anderson
The creditor can legally pursue the codebtor for payment even if a chapter 7 bankruptcy is filed. [read post]