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17 Dec 2018, 8:33 am
In simple terms, the function of a Chapter 13 trustee is to collect funds from debtor(s) and disburse those funds to debtor(s)’s creditors based on an approved plan. [read post]
17 Dec 2018, 8:18 am
The letter cites reports that former Acting Director Mick Mulvaney was planning to eliminate routine supervisory examinations of creditors for MLA violations because the CFPB lacks statutory authority to conduct such examinations. [read post]
17 Dec 2018, 6:19 am
When no estate has been opened, a creditor can seek appointment of an estate administrator. [read post]
16 Dec 2018, 6:40 pm
It does not mean that you had to necessarily contract with the judgment creditor to build something. [read post]
16 Dec 2018, 8:39 am
Section 341 of the Bankruptcy Code requires debtor(s) to submit to an examination, under oath, by the Chapter 13 trustee, or a representative of the trustee. [read post]
15 Dec 2018, 10:37 am
Creditors welcome investors who can pay cash for a property, but that is not an option for many investors. [read post]
15 Dec 2018, 4:00 am
Is there a way to protect your assets from creditors after your death? [read post]
14 Dec 2018, 7:16 pm
I had earlier circulated information about the marvelous conference “变化世界中的公司”2018 年国际学术研讨会--2018 International Symposium on The Corporation in a Changing World, including the program and participant lists in 中国语文 and English (HERE).I was delighted to be part of this event that considered a range of corporate law related issues from a comparative… [read post]
14 Dec 2018, 7:44 am
The creditors appealed. [read post]
14 Dec 2018, 2:00 am
Section 1-2.11 of the Probate Act defines “interested person” as “one who has or represents financial interest, property right or fiduciary status at the time of reference which may be affected by the action, power or proceeding involved, including without limitation an heir, legatee, creditor, person entitled to a spouse’s or child’s award and the representative. [read post]
13 Dec 2018, 4:15 pm
A common title defect is that the seller owes creditors such as the mortgage company. [read post]
13 Dec 2018, 11:00 am
Debtors who might otherwise be reorganized in the public interest are unable to continue in business long enough to develop alternate means of financing and negotiate accommodations with their creditors. [read post]
13 Dec 2018, 8:00 am
A fraud alert warns creditors that you may be an identity theft victim and that they need to verify that anyone seeking credit in your name really is you. [read post]
13 Dec 2018, 7:00 am
The Countrywide counselor will explain how to prepare information to show creditors and loan officers the reasons for restructuring the debt payment. [read post]
13 Dec 2018, 4:37 am
With most non-IRS creditors, only 10% to 15% of your earnings can be taken to resolve your debt. [read post]
13 Dec 2018, 4:00 am
Counsel for a creditor attempted to “pierce the corporate veil” and show that the two companies actually operated as one. [read post]
12 Dec 2018, 11:59 am
When a creditor is unable to collect a debt, the creditor can obtain an order from a court allowing the creditor to take a portion of the debtor’s money out of a bank or credit union account. [read post]
12 Dec 2018, 10:11 am
The main issue in this case is whether a creditor’s claim could still be made beyond the three-year period of time for the first spouse who passed away. [read post]
12 Dec 2018, 6:01 am
A creditor must seek payment of unpaid bills from a deceased spouse’s estate before attempting to collect payment from the surviving spouse, the Ohio Supreme Court ruled today. [read post]
12 Dec 2018, 4:00 am
Also, secured creditors are usually entitled to interest. [read post]
