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30 Jan 2014, 6:00 am by admin
Collections halted — when you file for bankruptcy your creditors will be notified and given notice... [read post]
16 Jul 2014, 6:00 am by Damon Duncan
Bankruptcy Court and the creditors are notified of the filing, your mortgage company may stop sending you the monthly statements for your house payment. [read post]
18 Feb 2021, 8:37 am by Hector E. Lora
The Florida Supreme Court recently resolved a split in Florida law on the issue of attorney’s fees in favor of consumers, holding that debtors who prevail when a creditor sues under an account stated cause of action instead of for breach of the underlying credit card agreement are entitled to recover attorney’s fees under the so-called “reciprocity provision” of subsection 57.105(7), Florida Statutes. [read post]
24 Aug 2021, 10:00 pm
Chapter 11 plans of reorganization provide creditors with recoveries (cash or new securities) in exchange for a release and discharge of all claims against the debtor. [read post]
9 Oct 2020, 5:02 am by Parrish McLeod
If you are denied credit, the Equal Credit Opportunity Act (ECOA) requires that the creditor gives you a notice with specific reasons your application was denied. [read post]
29 Mar 2012, 1:06 pm
Changes apply to all powers of attorney in the state except that coupled with an interest in the subject of the power, such as powers given to a creditor; to make health care decisions; a proxy to exercise voting rights of an entity; or a power created on a governmental form [read post]
25 Nov 2008, 2:52 pm
Although primarily aimed at financial institutions, the Red Flag Rules have a broad scope that expressly includes creditors such as telecommunications companies, and other utilities. [read post]
21 Feb 2020, 11:54 am by leemedia
The trustee is there to protect your creditor’s interest and make sure you are being fair and honest regarding your debt. [read post]
10 Aug 2020, 2:27 pm by Sam
Debt Settlement The negotiation strategy with creditors to settle the credit  … Read more The post Bankruptcy and Debt Settlement and Consolidation Loans appeared first on Baker & Associates. [read post]
17 Oct 2016, 5:32 am by Coleman Braun
Court of Appeals for the Eighth Circuit recently held that a secured party’s foreclosure did not discharge an otherwise valid security interest in the proceeds of the collateral, nor did it preclude the creditor from pursuing its rights to such proceeds. [read post]
30 Jan 2017, 3:00 am by John Jenkins
Section 548 of the Bankruptcy Code gives a bankruptcy trustee the ability to avoid any transfer that was made with actual intent to hinder, delay, or defraud present or future creditors. [read post]
10 Dec 2009, 7:05 pm
The bankruptcy law exempts certain property and other assets from your creditors. [read post]
29 Oct 2015, 5:03 am by Donald Maurice
Three consent decrees issued over the past few months present clear challenges for the debt buying industry, creditors and companies that provide services to them. [read post]
16 Mar 2012, 9:00 am by Questions
IF YES IS THERE A TIME LIMIT Answer: Yes, if the debt existed when you filed your consumer proposal, and it was simply an oversight that they were forgotten, your consumer proposal administrator can notify the creditor at any time; there is no time limit. [read post]
5 Jan 2007, 4:07 am
Its creditors included publishers large and small, among them Random House, which is owed [...] [read post]
9 Jun 2022, 5:30 pm by Col Ovik
The defendant only becomes aware of the judgment when the creditor begins to enforce the judgment through a bank levy or a garnishment. [read post]