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16 Jan 2012, 8:52 am by doug
Many of these attempts are being sent out by a Texas law firm called Bass & Associates. [read post]
14 Jan 2012, 2:36 pm by James Hamilton
ESMA is the pan-European securities regulator.In a letter to ESMA, the Managed Funds Association asked ESMA to provide examples, for purposes of the restriction on uncovered sovereign credit default swaps, in which the value of a particular portfolio of assets is correlated to the value of the particular sovereign debt, and adopt clear requirements for investors and other market participants to locate shares prior to engaging in a short sale. [read post]
13 Jan 2012, 10:26 am by Simmons & Schiavo
Claiming the deceased had an outstanding debt with them, scammers will try to extort money from relatives to settle the fake debts. [read post]
12 Jan 2012, 10:55 am by David Cosgrove
Because many potential buyers of renovated homes lacked the ability to secure financing through traditional means, Summit Redevelopment and later Evergreen Homes assisted buyers in obtaining financing. [read post]
8 Jan 2012, 2:47 pm by David Jacobson
In O and Professional Association [2011] AICmrCN 9 the complainant sought access to their completed and marked exam paper from a professional association. [read post]
3 Jan 2012, 2:04 pm
If you are sued by a debt buyer, as was the case in Portfolio Recovery Associates, the same reasoning applies; you still look to the home state of the issuing creditor. [read post]
2 Jan 2012, 2:28 pm by Robert Weed
Filing bankruptcy gets rid of most of your debts; but it does not necessarily get rid of most of your problems. [read post]
2 Jan 2012, 1:30 pm by Tomassi Law Associates
As you know, I started Tomassi Law Associates, LLC almost 6 years ago. [read post]
25 Dec 2011, 3:13 am by Rich Vetstein
” Ideally, the lender will agree to release out the entire debt including any deficiency between the sales price and mortgage balance. [read post]
15 Dec 2011, 8:17 am by Guest Contributor
The potential Buyers will include both “strategic” Buyers (i.e., other operating companies) and “financial” Buyers (i.e., private equity firms and hedge funds). [read post]
14 Dec 2011, 7:05 pm
Multiple transfers amongst debt buyers of a particular debt lower the likelihood that the current debt buyer will have a valid assignment in admissible form. [read post]
12 Dec 2011, 5:30 pm by Mandelman
  He is a member of the Washington State Bar Association, Washington State Trial Lawyers Association and the National Association of College and University Attorneys. [read post]
12 Dec 2011, 3:10 pm by slemberg
The bad actors in the debt collection industry – often those associated with debt buyers – file massive numbers of lawsuits and don’t notify consumers that they’ve been sued. [read post]
2 Dec 2011, 1:30 am by Nicole Kellner-Swick
  The changes would require debt buyers to produce an “unbroken chain of ownership” for each debt and even list the store or vendor associated with the card on the complaint. [read post]
1 Dec 2011, 12:56 pm by Rich Vetstein
Ibanez decision in foreclosing mortgages without evidence of legal ownership of the underlying debt, improper statutory foreclosure notices and illegal “robo-signing. [read post]
30 Nov 2011, 11:13 am by Arina Shulga
• If there are any liabilities (disclosed or undisclosed) that the buyer is not including in the purchase, parties have to make sure that the purchase is not being made for less than the fair value of the assets and that following the sale, the company will still be sufficiently capitalized to pay its debts and liabilities. [read post]
23 Nov 2011, 3:32 pm by Mandelman
  A synthetic CDO, by the way, is a collateralized debt obligation or CDO that is comprised of credit default swaps instead of debt securities, which are based on mortgages and leverage (read: borrowed money). [read post]
15 Nov 2011, 9:12 am by Ailyn Cabico
       Post-sale requirement to notice file with FINRA The Proposed Rule would also require each FINRA member and associated person to notice file with FINRA by filing the PPM, term sheet or other disclosure documents no later than 15 days after the date of first sale. [read post]
14 Nov 2011, 9:06 am by Mandelman
Cartoon by Steve Grenberg How the foreclosure crisis impacts our country’s standard of living from this point forward will all come down to how we handle ONE thing. [read post]