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30 Mar 2011, 10:00 pm
These debt collectors too claimed that Robert paid just the monthly minimum on the credit cards for several years, until his recent default. [read post]
4 Apr 2009, 9:35 am
In this era of failed real estate projects, defaulting loans and creditors pursuing guaranties, a frequent inquiry is about the rights of creditors to reach a joint federal income tax refund due the debtor and his or her spouse. [read post]
15 Feb 2007, 1:08 am
By default, search results are returned sorted by relevance. [read post]
10 Dec 2011, 12:28 pm
Without proper notice, she was sued in that foreign country, so she consequently defaulted. [read post]
6 Sep 2012, 6:00 am
A foreclosure usually takes place when a home owner has defaulted (fallen behind) on their mortgage (loan), and the lender has decided to sell the home. [read post]
12 Jun 2020, 12:23 pm
Several states, including Rhode Island, allow mortgage holders to pursue a non-judicial foreclosure of a mortgaged property if a borrower allows a loan to go into default. [read post]
12 Feb 2007, 10:55 am
From an editorial that urged Congress to focus on the 90% of subprime loans that aren't currently in serious default to a how-to foreclosure sale primer aimed at potential buyers, The Wall Street Journal could have masqueraded as the Mortgage Bankers Association newsletter last week. [read post]
30 May 2016, 1:11 pm
Fitzpatrick, the Appellate Division, Second Department, affirmed the denial of an ex-wife’s application to enforce a divorce settlement provision that called for an automatic increase in child support upon the ex-husband’s default in any other obligation of that settlement. [read post]
2 Oct 2017, 7:03 am
The European Securities and Markets Authority (ESMA) has published final draft regulatory technical standards (RTS) specifying the trading obligation for derivatives for classes of interest rate swaps (IRS) and credit default swaps (CDS) as foreseen in Articles 28 and 32 of the European Market Infrastructure Regulation (EMIR). [read post]
26 Mar 2009, 4:00 pm
De Soto argues that a lack of a recording system for derivatives is a key component of the problem:[A]ggressive financiers have manufactured what the Bank for International Settlements estimates to be $1 quadrillion worth of new derivatives (mortgage-backed securities, collateralized debt obligations, and credit default swaps) that have flooded the market. [read post]
2 Mar 2007, 7:29 am
" Under Article 9, a creditor can repossess the collateral of a defaulting debtor so long the repo is done without a "breach of the peace. [read post]
9 Jun 2009, 3:36 am
It also affirmed the following: long-term foreign currency Issuer Default Rating (IDR) at “BB”; long-term local currency IDR at “BB+”; short-term IDR at “B”; country ceiling at “BB+”.Fitch based its ratings on Costa Rica’s high per capita income, strong governance indicators, net external creditor position, improved public finances, the nation’s relatively diverse economy and the… [read post]
9 Nov 2010, 11:50 pm
According to the complaint, Ambac is seeking to protect $700 million in tax refunds that it received for the 2003-2008 tax years as a result of carrying back losses resulting from credit default swap contracts. [read post]
2 Apr 2010, 7:41 pm
As the New Times reports, Ana Margarita Martinez blames the Cuban government for her husband leaving her and somehow was awarded a $7 million default judgment by Miami-Dade Circuit Judge Alan Postman plus $20 million in punitive damages. [read post]
11 Feb 2008, 2:50 am
The market downturn has soured those speculations and some of those buyers are defaulting on their contracts (not closing) or on their mortgages after closing (since they cannot sell or service the interest payments).Today, we look at a developer who wants to cut the speculators out of his project, hoping to maximize his revenues unit sales in the slow marketplace. [read post]
19 May 2009, 4:33 pm
They include swaps (such as credit default swaps (CDS)) and interest rate, currency and commodities contracts. [read post]
12 Dec 2023, 8:38 pm
The Verge: “Here is a very dumb truth: for a decade, the default answer to nearly every problem in mass media communication involved Twitter. [read post]
18 Feb 2008, 2:05 am
Hinshaw reports a fairly complicated commercial liquidated damages case arising from a bank loan to individuals which led to a default, which led to a confession of judgment, which led to a settlement, with inadequate documentation of the settlement. [read post]
16 Jun 2009, 9:44 am
You didn’t have several options, just the default; and you sure couldn’t download the latest Britney Spears tune as your ringtone.Basically that meant some lawyers, and I’m including myself here, reached for their cell phones in a mini panic when one let loose in court. [read post]
5 Sep 2008, 5:51 am
The majority reversed a trial court default when the insurance company representing a contract did not timely file an answer to the complaint. [read post]