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29 Mar 2009, 2:01 pm
How do you settle with creditors, Jimmy the Debtor asks.Very, very carefully, I answer.We talk, I tell him all I've figured out about extensions and compositions in about thirty years as an Arizona bankruptcy attorney. [read post]
12 Apr 2012, 9:16 am
Tax season is an interesting time for people filing for Chapter 7 Bankruptcy, creditors, and bankruptcy trustees alike. [read post]
13 Nov 2009, 6:44 am
Your creditor is calling every day and sending you threatening letters every week. [read post]
15 Mar 2017, 7:08 am
Trustees only want the good stuff, the assets that generate cash to pay creditors. [read post]
22 Apr 2016, 10:04 pm
Penalties For Fraud In Insolvency (N.J.S.A. 2C:21-13) Financial hard times are painful, but if you’re preparing for bankruptcy, or a court has ordered that a receiver or trustee be placed in charge of your assets for the benefits of your creditors, you are not allowed to take action that will defraud the receiver, the court, or your creditors. [read post]
12 Aug 2019, 6:09 am
He wanted to know if his trust interest would be protected after he moved to Florida if an creditor enforced a Florida judgment. [read post]
18 Mar 2024, 11:36 am
It helps assess whether an individual or household has enough disposable income to repay creditors. [read post]
3 Jun 2020, 1:56 pm
The assets of the estate are immediately distributed to beneficiaries and creditors upon the entry of the order admitting the estate to probate. [read post]
1 Jul 2020, 2:03 pm
However, if the debtor finds themselves unable to commit to the current vehicle payment amount, surrendering the car to the creditor within the bankruptcy may be the best option. [read post]
26 Jan 2022, 9:25 am
The FCA reports that it is seeing an increase in the number of regulated firms proposing compromises (arrangements that allow a firm to settle its liabilities with creditors and/or shareholders). [read post]
5 Dec 2014, 11:44 am
If you end up having to pay a anything to Bank of America you would have a cause of action against your ex-spouse once you have re-paid the creditor. [read post]
2 Feb 2010, 9:59 am
In one recent Massachusetts case, however, the creditor fought back — and ultimately lost anyway. [read post]
22 Sep 2012, 9:00 pm
If we make a profit, no matter how small, will we have to pay it to the charged off creditors? [read post]
22 Nov 2021, 9:27 am
Sec. 987(b) applies “to a creditor who extends consumer credit to a consumer to the same extent as such section applies to a creditor who extends credit to a covered member or a dependent of a covered member. [read post]
12 Jan 2011, 10:25 am
Bankruptcy lawyers have fashioned a new canon of statutory interpretation: if the statute seems to favor the creditor, apply the statute; if it seems to favor the debtor, assume it's a mistake and favor the creditor anyway. [read post]
9 May 2012, 1:10 pm
The creditor must rebut the presumption. [read post]
15 Aug 2011, 7:07 pm
You will be able to build your credit back up, and you will not hear the endless phone calls from creditors harassing you. [read post]
17 Jul 2013, 5:00 am
Basically, the point of this process is to allow a creditor with a judgment in another state to enforce that judgment in a state that the debtor has relocated. [read post]
8 Jul 2008, 4:45 pm
It is permissible for a debtor to claim emotional distress damages if a creditor violates the automatic stay protection of the Bankruptcy Code. [read post]
18 Sep 2008, 12:58 pm
The Petitioning Creditors are represented by E. [read post]
