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15 Feb 2019, 1:22 pm
The bank will report to the creditor the money that is in the account which can be taken by the creditor. [read post]
15 Feb 2019, 1:04 pm
The executor plays a very important role after the testator (the deceased will maker) dies as they have a number of duties including the task of tracking down assets, paying creditors, and making sure beneficiaries named in the will receive property to which they are entitled. [read post]
15 Feb 2019, 11:49 am
Ability to Repay and Qualified Mortgage Standards Rule, which treats certain balloon-payment mortgages as qualified mortgages if they are originated and held in portfolio by small creditors that meet the rural-or-underserved test above and certain additional conditions Home Ownership and Equity Protections Act of 1994 (HOEPA) rule, which generally bans balloon payments for mortgages that fall within HOEPA’s high-cost mortgage coverage test, unless they meet the rural-or-underserved… [read post]
15 Feb 2019, 8:57 am
Exemptions or exempt property in a United States bankruptcy case is where a debtor is permitted to keep certain property from unsecured creditors such as personal belongings, your home, vehicle, tools needed to perform your job, or retirement plans. [read post]
15 Feb 2019, 8:37 am
When you want to keep your assets such as a home or vehicles you may not want to file for Chapter 7 which will liquidate your assets and pay your creditors. [read post]
15 Feb 2019, 4:00 am
The result was that its creditors came ahead of the company’s obligation to clean up old oil wells. [read post]
14 Feb 2019, 1:07 pm
During this process, creditors would be given a chance to come forward seeking satisfaction, and final taxes and other expenses would be paid. [read post]
14 Feb 2019, 8:58 am
In this week’s podcast, we take a close look at the FAQs and what they tell creditors, particularly its guidance on when a corrected Closing Disclosure and new three-day waiting period are required (with a caution for those selling to investors) and the safe harbor for using a model form. [read post]
14 Feb 2019, 8:46 am
That automatic stay applies whether or not the creditor knows about it. [read post]
14 Feb 2019, 8:33 am
” In total, Puerto Rico owes over $70 billion to bondholders and other creditors, as well as another $50 billion in unfunded pension obligations. [read post]
13 Feb 2019, 3:08 pm
It was also granted the protection from creditors that it sought. [read post]
12 Feb 2019, 10:36 am
Written by Stephan Walter, Research Fellow at the Institute for German and International Civil Procedure Law, University of Bonn, Germany Claims brought by creditors of Greek state bonds against Greece in connection with the 2012 haircut do not fall under the substantive scope of the Brussels Ibis Regulation because they stem from the exercise of public authority. [read post]
11 Feb 2019, 1:12 pm
They can be liquidated to pay creditors. [read post]
11 Feb 2019, 12:05 pm
Lorenzen (April 24): Whether a creditor can be held in contempt if he believes in good faith that a bankruptcy discharge does not apply This post was originally published at Howe on the Court. [read post]
11 Feb 2019, 11:36 am
Bankruptcy is a tool used to help eliminate troublesome debt, however, what happens if you are on the creditor side it can be distressing. [read post]
11 Feb 2019, 9:40 am
The first defense against creditor claims is providing notice and seeing which creditors respond in a timely fashion. [read post]
11 Feb 2019, 7:41 am
The Circuit Court of the First Judicial Circuit in and for Santa Rosa County, Florida recently rejected a borrower’s argument that a purchase and sale agreement for future receivables constituted a “loan” that was unenforceable under New York usury law, because payment to the creditor… Christopher P. [read post]
10 Feb 2019, 2:08 pm
In addition to marshaling all of Aretha’s assets and paying off her creditors, the IRS awaits. [read post]
10 Feb 2019, 2:08 pm
In addition to marshaling all of Aretha’s assets and paying off her creditors, the IRS awaits. [read post]
10 Feb 2019, 6:07 am
And if that happened, the creditors were obligated under the SC Agreements to pay to Metro Bank any funds that the creditors received from Global Medical. [read post]
