Search for: "Debtors and Debtors in Possession"
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31 Aug 2023, 9:42 am
These benefits range from the automatic stay (which prevents creditors from pursuing collection actions) to access to debtor-in-possession financing. [read post]
24 Aug 2023, 9:37 am
Depending on the jurisdiction and the nature of the property seized, the property may be sold with the proceeds subsequently distributed to the judgment creditor, or the judgment creditor may have the option (or the obligation) to take possession of the property directly. [read post]
26 Jul 2023, 11:39 pm
When considering ways to avoid losing your hard-earned possessions to creditors, several questions may come to mind. [read post]
25 Jul 2023, 7:18 am
These prerequisites include: a) The creditor possessing a valid and subsisting judgment against the debtor, with the judgment being deemed final and subsisting from the date of rendition. b) The debtor not having filed an approved supersedeas bond to suspend execution on the judgment. c) The creditor states, based on their knowledge, that the judgment debtor does not possess enough property in Texas that can be executed upon to satisfy the judgment. [read post]
25 Jul 2023, 7:17 am
Corporations do not possess any exempt property. 2. [read post]
25 Jul 2023, 7:15 am
Recordation of Judgment Liens Abstract In cases where the debtor possesses real property, it is imperative to document the abstract of judgment in Young County. [read post]
25 Jul 2023, 7:13 am
Corporations do not possess any exempt property. 2. [read post]
25 Jul 2023, 7:08 am
Corporations do not possess any property that is exempt from execution. 2. [read post]
25 Jul 2023, 7:07 am
Recordation of Judgment Liens Abstract When the debtor possesses real property in Wise County, the abstract of judgment must be documented in that jurisdiction. [read post]
25 Jul 2023, 7:04 am
Furthermore, we possess the expertise to domesticate foreign child support liens specific to Winkler County. [read post]
25 Jul 2023, 7:02 am
Additionally, we possess the expertise to domesticate foreign child support liens specific to Wilson County. [read post]
25 Jul 2023, 7:01 am
Furthermore, we possess the knowledge and capabilities to domesticate foreign child support liens specific to Williamson County. [read post]
23 Jul 2023, 2:45 pm
If incarceration is deemed appropriate, the court must make a separate, affirmative finding that the contemnor possesses the present ability to comply with the purge conditions set forth in the contempt order. [read post]
3 Jul 2023, 5:10 am
Nelson, J.DCounsel for assorted debtors and debtors in possession in the FTX Trading LTD bankruptcy case have filed a complaint alleging, among other things, that an attorney who represented FTX entities in both private practice and then as an employee of FTX engaged in legal malpractice by participating in or otherwise enabling numerous acts of wrongdoing by executives at FTX. [read post]
30 Jun 2023, 5:42 pm
Access to Debtor-in-Possession Financing Once a company files for bankruptcy under Chapter 11, it gains the opportunity to secure debtor-in-possession financing. [read post]
30 Jun 2023, 10:19 am
Background of the Case It is reported that the debtor filed an adversary proceeding against the defendant, asking the court to reinstate an office lease and grant him damages for the defendant’s violation of the automatic stay, after the defendant took possession of property rented by a business. [read post]
21 Jun 2023, 8:22 am
In addition, bankruptcy trustees may attempt to claw back assets that debtors have paid to tribes. [read post]
16 Jun 2023, 12:30 pm
Is his enhanced sentence for possessing guns while selling drugs a Second Amendment violation? [read post]
12 Jun 2023, 11:30 pm
Thus, the words ‘full management control’ found in s140(1)(a) of the Companies Act must be interpreted as including the power to vote for or against a plan for a debtor company. [read post]
9 Jun 2023, 12:25 pm
In 2012, I first wrote about this connection for the Wall Street Journal, in China’s Slowdown and American Business: Hardly a week goes by without complaints about payment problems or bankrupt debtors. [read post]
