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5 Dec 2019, 11:42 pm
The creditor bears the initial burden of proving that the account belongs to the debtor and should be eligible for garnishment. [read post]
5 Dec 2019, 6:45 am
During probate, creditors have a chance to come forward seeking payment from assets that are contained within the estate. [read post]
4 Dec 2019, 12:35 pm
Simon Rodriguez, the bankruptcy trustee overseeing UWBI’s liquidation, contends that the refund is UWBI’s property and should therefore be divided among the company’s creditors. [read post]
4 Dec 2019, 11:27 am
” The DoD notes that at present the MLA prohibits the use of a motor vehicle as security for a credit transaction unless the creditor is chartered or licensed under federal or state law as a bank, savings association, or credit union. [read post]
4 Dec 2019, 7:29 am
If a person with an interest in the estate, such as an heir, beneficiary, or creditor of the decedent, believes the authenticity of a will is questionable, they have the right to contest the will in question. [read post]
3 Dec 2019, 8:24 am
This is an issue for heirs, beneficiaries, and creditors because only the original copy of a will can be admitted to probate in Illinois. [read post]
3 Dec 2019, 6:29 am
Starting in 2014, the rest of the world began issuing bonds with so-called single-limb Collective Action Clauses (CACs), which let a distressed sovereign restructure its debt in an orderly fashion with minimal need to worry about disruptive holdout creditors. [read post]
2 Dec 2019, 10:26 am
Garnishments and levies are two common methods creditors use to get paid for delinquent accounts. [read post]
2 Dec 2019, 10:20 am
Garnishment Creditors are prohibited from garnishing your wages after you file your bankruptcy papers with the court. [read post]
2 Dec 2019, 1:11 am
Thus, creditors of LLPs cannot reach the personal assets of the partners and are limited to the assets of the business. [read post]
30 Nov 2019, 9:04 am
The corporation enters into its own contracts, and therefore, it is only the corporation’s assets, and not the assets of its individual stockholders, that are available to pay for judgments and claims of creditors. [read post]
30 Nov 2019, 8:27 am
Sometimes the contract you have with a creditor will allow that creditor to add their legal fees to your debt, meaning that you pay the creditor to sue you! [read post]
29 Nov 2019, 8:02 am
Under a Chapter 7 bankruptcy, the bankruptcy trustee sells non-exempt property to pay your creditors. [read post]
29 Nov 2019, 6:56 am
Some of these are as follows: Protection from Creditors: Assets placed in an irrevocable trust can be protected from creditors and judgments. [read post]
27 Nov 2019, 3:16 pm
You owe or allegedly owe some specific creditor. [read post]
27 Nov 2019, 2:36 pm
But you can pay that based on your budget as well as the needs of your other creditors. [read post]
27 Nov 2019, 12:12 pm
Chapter 7 Bankruptcy and Child Support Payments While the “automatic stay” stops most creditors from attempting to collect a debt you owe, Chapter 7 does not “stay” or stop the child support obligation because an obligor’s post-filing income is not part of the bankruptcy estate. [read post]
27 Nov 2019, 1:47 am
In this example, Georgia is referred to as the issuing state and Florida, where the creditor seeks to enforce the domesticated judgment, is referred to as the forum state. [read post]
26 Nov 2019, 6:41 pm
You owe or allegedly owe some specific creditor. [read post]
26 Nov 2019, 6:41 pm
But you can pay that based on your budget as well as the needs of your other creditors. [read post]
