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27 Dec 2018, 2:41 pm by umbrella
He had to close his business and was also being pursued by creditors. [read post]
27 Dec 2018, 2:41 pm by umbrella
He had to close his business and was also being pursued by creditors. [read post]
27 Dec 2018, 12:31 pm by The Sader Law Firm
For instance, Chapter 11 protections can prevent creditors from conducting collection actions. [read post]
27 Dec 2018, 11:26 am by Legal Writer
If you and your ex can agree to file for bankruptcy at the same time, it will prevent creditors from coming after either party. [read post]
26 Dec 2018, 4:00 pm by Joe Glantz
Title insurance is a way of protecting the real estate you buy or own from claims of creditors, prior owners, and third-parties against your real estate. [read post]
25 Dec 2018, 5:35 pm
Secured creditors are the ones most likely to try to lift an automatic stay. [read post]
23 Dec 2018, 10:00 am by Corbin Bridge
A lien is a legal right or interest that a creditor has in another individual or entity’s property. [read post]
23 Dec 2018, 7:53 am by Wolfgang Demino
As for Texas, the Texas Debt Collection Act (TDCA) has a longer statute of limitations (except for criminal prosecution) and also reaches original creditors collecting their own debts, and assignees of debt that was not in default when assigned). [read post]
23 Dec 2018, 4:01 am by Administrator
These rules change on bankruptcy, as all rights of action belonging to the corporation pass to the trustee: if the trustee declines to pursue an action on behalf of the corporation, the federal Bankruptcy and Insolvency Act provides that a creditor may obtain a court authorization to institute proceedings based on a right of action belonging to the corporation per s. 38(1). [read post]
21 Dec 2018, 2:55 pm
One of those events that could happen is a creditor may bring what we call a motion for relief from the automatic stay. [read post]
21 Dec 2018, 1:13 pm by ccollins
Because McKinsey is invested in the island’s municipal bonds, it can’t help but have a stake in the recovery plans it is helping the US territory with because its ownership of Puerto Rico securities also makes it a creditor. [read post]
21 Dec 2018, 10:00 am by The Sader Law Firm
If your business is on the verge of closing due to creditor actions or foreclosure, a Chapter 11 bankruptcy filing is the first step you can take to stop the actions creditors take against the business. [read post]
21 Dec 2018, 3:06 am by shmedia
Overbiffing is the practice of a creditor overstating the amount a debtor owes on their bill. [read post]
20 Dec 2018, 4:00 pm by Joe Glantz
Most creditors will only give a loan for a home purchase if the borrower also agrees to give the lending company a mortgage. [read post]
20 Dec 2018, 2:59 pm
But, prior to the confirmation hearing, creditors also have a chance to object to debtor discharging debts with creditor for certain reasons identified in Section 523 of the Bankruptcy Code. [read post]
20 Dec 2018, 2:22 pm by Kevin LaCroix
The claims against directors fell into the main following categories: Breach of duty of care Wrongful trading Failure to promote the success/ act in the best interest of the company Failure to act in the best interest of creditors Unfair prejudice Directors Disqualification Act   The claims trend In terms of the claims trend, both in terms of claimant success rate and total numbers, the litigation landscape is unquestionably worsening for directors. [read post]