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14 Sep 2019, 2:28 pm by Bob Lawless
Perhaps most significantly, the absolute priority rule, which requires creditors to be paid in full before owners retain their interests, does not apply. [read post]
13 Sep 2019, 2:52 pm by Brian E. Barreira
One might think that such an argument would have been made in a heated divorce if any lawyer thought the argument was not frivolous, or one might think a Chapter 7 Bankruptcy Trustee, whose role is to reel in as many assets as possible into the debtor’s estate for the benefit of creditors, would also have made such an argument if that lawyer thought the argument was not frivolous, but no such case exists. [read post]
13 Sep 2019, 12:39 pm by Meredith J. Risati
  However, the creditor refused the request, reasoning that the loan was not taken out “jointly” because the servicemember’s name was not on the loan documents. [read post]
12 Sep 2019, 12:08 pm by opedit
Additionally, the injunction placed on your creditor can be lifted if the creditor can show that you either have no intention of making payments on your home or you don’t have the fiscal ability to repay what you owe. [read post]
11 Sep 2019, 4:00 am by Administrator
The Companies’ Creditors Arrangement Act, 2nd ed (Toronto: Carswell, 2013) at 199; Indalex at para 59. [read post]
10 Sep 2019, 1:55 pm by Sam
Most bankruptcy courts hold the meeting of the creditors just one or two days a month. [read post]
10 Sep 2019, 12:17 pm by SLA_admin
Secured Debts Secured debts generally involve property whereby the creditor has a lien on that property. [read post]
10 Sep 2019, 12:17 pm by Parker DuFresne
Secured Debts Secured debts generally involve property whereby the creditor has a lien on that property. [read post]
10 Sep 2019, 11:30 am by Jacob N. Westlund
Creditors, collection agencies, and other parties with a legitimate business need to efficiently contact consumers will need to adapt and evolve as anti-fraud efforts continue. [read post]
10 Sep 2019, 9:21 am by opedit
This means your creditors must cease any collection actions against you, including foreclosure. [read post]
10 Sep 2019, 8:57 am
As a creditor, a cosigner may allow you to take a chance on a potential client by mitigating some of the risks. [read post]
10 Sep 2019, 8:08 am
While certain debts may be assigned to each spouse during divorce, creditors may seek to collect these debts from either spouse. [read post]
10 Sep 2019, 8:00 am by Len Feltoon
A formal plan is developed to present to creditors, and this can help lower interest payments, waive any fees, and consolidate the debt into an affordable repayment plan. [read post]
10 Sep 2019, 7:44 am by Ray Garcia
  Negotiate with your creditors  Creditors are always willing to negotiate a settlement rather than have the debt discharged in bankruptcy. [read post]
10 Sep 2019, 5:36 am by Joe Wojciechowski
Assuming this request is granted, which given the allegations seems likely, the receiver will begin the process of marshaling assets, selling off properties, and collecting funds to repay creditors and investors. [read post]
10 Sep 2019, 3:09 am by Jan von Hein
aw) 9.00-10.00 Country Reports Germany (Tilman Imm, University of Freiburg), France and Luxembourg (Carlos Santaló Goris, Max Planck Institute Luxembourg), Italy (Valeria Giugliano, University of Milan) 10.00-10.15 Discussion 10.15-10.45 Coffee Break Section 2: Perspectives (Chair Francesca Villata, University of Milan) 10.45-11.15 Towards a more coherent EU framework for cross-border enforcement (Burkhard Hess, Max Planck Institute, Luxembourg) 11.15-11.35… [read post]
9 Sep 2019, 5:09 pm by Jon Alper
If a debtor after moving to Florida continues employment with an employer located in a former community property domicile, I think that a creditor could garnish wages through a court in the community property state. [read post]
9 Sep 2019, 2:03 pm by Steve Lash
Timothy Guy Smith said the CPA’s liability exemption for attorneys extends to the creditors who hire ... [read post]
9 Sep 2019, 5:30 am by David M. Offen Esq.
Redeeming a Car in Chapter 7 Bankruptcy The Bankruptcy Code provides that a Chapter 7 debtor can “redeem” his or her car by paying the creditor what the car is currently worth. [read post]
9 Sep 2019, 1:34 am by NWDRLF
Despite its name, creditors rarely show up. [read post]