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26 Nov 2019, 7:55 am by Daniel Hemel
If that’s the case, then the refund is properly part of UWBI’s bankruptcy estate, and United Western Bank is a mere unsecured creditor. [read post]
26 Nov 2019, 7:18 am by MBettman
The Three Reasons Why Banks Were Victims Here The relationship between an account holder and the bank is a debtor/creditor relationship. [read post]
26 Nov 2019, 6:59 am by Jon Shazar - Dealbreaker
Truly, finance’s capacity for surprise at the obvious and unearned arrogance knows no bounds. [read post]
25 Nov 2019, 10:00 pm by Giesela Ruehl
In short, this article strongly recommends that Australia should accede to the Judgments Convention in order to modernise and improve Australian law, and to provide better outcomes for Australian judgment creditors. [read post]
25 Nov 2019, 7:49 pm by Cale
When a property owner files for bankruptcy, all proceedings against them are stayed to allow time to reorganize assets and, in some instances, repay creditors. [read post]
25 Nov 2019, 1:26 pm by Anthony C. Kaye and Abran Vigil
The three trade groups challenging an amendment to Nevada law that allows an applicant for credit with no credit history to request that the creditor deem the applicant’s credit history to be identical to that of the applicant’s spouse during the marriage have responded to the motion to dismiss their lawsuit filed by the Commissioner of the Financial Institutions Division (FID) of the Nevada Department of Business and Industry and the Nevada Attorney General. [read post]
25 Nov 2019, 10:05 am by leemedia
Bankruptcy was designed to help people and businesses get financial relief from their creditors. [read post]
24 Nov 2019, 8:41 pm by Supreme People's Court Monitor
photo from an unrelated press conference at the SPC As discussed in two blogposts in 2018, the Supreme People’s Court (SPC) has a yearly plan for drafting judicial interpretations, as set out in its 2007 regulations on judicial interpretation work. [read post]
24 Nov 2019, 8:41 pm by Supreme People's Court Monitor
photo from an unrelated press conference at the SPC As discussed in two blogposts in 2018, the Supreme People’s Court (SPC) has a yearly plan for drafting judicial interpretations, as set out in its 2007 regulations on judicial interpretation work. [read post]
24 Nov 2019, 7:02 am
In lay man’s terms, a bankruptcy Preference is simply when you “prefer” one creditor over another creditor. [read post]
23 Nov 2019, 4:16 am
 Upon the filing of a bankruptcy petition, the “automatic stay” found in Section 362 of the Bankruptcy Code forbids various creditor actions including, per Section 362(a)(4), “any act to create, perfect, or enforce any lien against property of the estate” – but contains an exception in Section 362(b)(3) for any act to perfect an interest in property “to the extent that the trustee’s rights and powers are subject to such perfection under Section… [read post]
22 Nov 2019, 8:03 pm
Detinue orders the defendant to surrender the property to the creditor because they are wrongfully withholding it. [read post]
22 Nov 2019, 2:31 pm
Unsecured debt is any debt that is not tied to a physical asset, therefore preventing creditors from collecting collateral. [read post]
22 Nov 2019, 12:53 pm by Amanda E. Phillips
How did the TRID Rule affect the way creditors disclose information to consumers? [read post]
21 Nov 2019, 2:59 pm by Racine Olson
Muhonen, Creditor’s Rights / Collections Attorney, Racine Olson, PLLP As a judgment holder, it goes without saying that attempting to collect upon that judgment can be terribly frustrating, cumbersome, and unfruitful. [read post]