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30 Aug 2019, 9:30 am
Bankruptcy is an extremely helpful option for people who are suffering from the effects of difficult financial situations and creditor collection actions. [read post]
30 Aug 2019, 8:53 am
Perhaps more interestingly, Judge Garrity Jr. also denied approval of a settlement that included creating a $5 million fund for general unsecured creditors, which includes the consumer creditors alleging that Ditech acted improperly in servicing mortgages. [read post]
28 Aug 2019, 11:35 pm
The report was put together by prominent members of the bankruptcy community, including former judges, academics and lawyers from both the debtor and creditor sides. [read post]
28 Aug 2019, 8:45 am
In this instance you can cram that creditor down and pay that creditor only the $2,500 through your Chapter 13 plan in full satisfaction of this loan and the creditor’s claim. [read post]
28 Aug 2019, 6:44 am
Instead, a licensee in bankruptcy proceedings must show why it filed for bankruptcy, whether it is liquidating its assets or merely doing a reorganization, whether the bankruptcy estate has sufficient funds to pay other creditors, and similar factors. [read post]
27 Aug 2019, 9:41 pm
Limited liability is a substantial, regressive cross-subsidy to capital at the expense of tort creditors, tax authorities, and small businesses. [read post]
27 Aug 2019, 6:02 am
Self-directed IRAs defer income taxes, and they are included in IRA assets exempt from creditors under the Florida statute. [read post]
26 Aug 2019, 8:45 am
Perhaps most notably, the “absolute priority rule”—which generally requires full payment of creditors for existing owners to maintain their ownership—will not prevent a small business from reorganizing. [read post]
26 Aug 2019, 8:28 am
Shack or Taj Mahal, if you live there, it’s protected from creditors. [read post]
26 Aug 2019, 7:18 am
Likewise, if you relocate following your divorce, you’ll need to notify all creditors, insurance companies, and financial institutions. [read post]
26 Aug 2019, 6:23 am
Although the Statement of Financial Affairs (hereinafter SOFA) form appended to the petition called for the disclosure of recent payments to creditors and insiders, the plaintiff failed to report such payments he made to creditors and to his wife from 2010 tax refunds he had received in May and June 2011. [read post]
26 Aug 2019, 3:44 am
There are nine factors the courts consider when deciding whether a partnership exists and they include (1) sharing of profits, (2) sharing of losses, (3) ownership of partnership assets, (4) joint management and control, (5) joint liability to creditors, (6) intention of the parties, (7) compensation, (8) contribution of capital, and (9) loans to the organization. [read post]
24 Aug 2019, 8:58 am
Tags: debtor-creditor law, Elizabeth Warren, WO writings [read post]
23 Aug 2019, 6:22 am
However, Epstein seems to have fashioned a scheme to shield his assets and possibly defraud creditors of his estate, most notably his victims. [read post]
22 Aug 2019, 12:48 pm
Contact a Chicago Creditor’s Rights Attorney Illinois laws are designed to protect consumers in personal loans and creditors in commercial loans. [read post]
21 Aug 2019, 2:25 pm
“Identity theft victims shouldn’t be victimized twice: once by the thief and then by the creditor that fails to conduct a true investigation and refund the charges,” says attorney Brian Herrington, a partner with Schlanger Law Group and head of the firm’s Mississippi office. [read post]
21 Aug 2019, 2:25 pm
“Identity theft victims shouldn’t be victimized twice: once by the thief and then by the creditor that fails to conduct a true investigation and refund the charges,” says attorney Brian Herrington, a partner with Schlanger Law Group and head of the firm’s Mississippi office. [read post]
21 Aug 2019, 8:38 am
Sanchez’s top creditor was listed as Delaware Trust Company, which holds nearly $1.8 billion in senior notes. [read post]
21 Aug 2019, 7:21 am
If the creditor has a Social Security number of the debtor, the creditor should be able to determine whether or not the defendant is in the military. [read post]
21 Aug 2019, 7:21 am
If the creditor has a Social Security number of the debtor, the creditor should be able to determine whether or not the defendant is in the military. [read post]
