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10 Jul 2020, 11:23 am
The trustee will evaluate the debtor’s nonexempt property and if it can be sold for real value, and distribute it to the creditors. [read post]
30 Jul 2020, 10:00 pm
With effect from 1 December 2020, the UK’s HM Revenue & Customs will be given preferential creditor status for certain taxes which a company has collected but failed to pay to HMRC on the date it enters insolvency. [read post]
16 Oct 2020, 2:22 pm
Without proper asset protection planning, your personal assets could be exposed to claims from creditors and other parties. [read post]
1 Aug 2019, 6:06 am
Estate planning for the future inheritance of your children and grandchildren should include protective measures to keep assets from disappearing or being claimed by a creditor. [read post]
2 Mar 2008, 1:30 am
In this case, a creditor had carried out [...] [read post]
12 Jan 2009, 6:40 am
As with Chapter 7 and Chapter 13 bankrupty cases, filing Chapter 11 stops foreclosure, garnishment (explained by southern Oregon bankruptcy attorney Karen Oakes) and any other collection activity by creditors. [read post]
19 Jan 2021, 4:15 am
In 2005, then Senator Biden was instrumental in changes to the bankruptcy code, and in fact the legislation helped out big banks and creditors more so than it did consumers. [read post]
5 Mar 2012, 1:44 pm
The mortgage creditors make it sound so easy. [read post]
19 May 2015, 3:08 am
Officials on Monday said that Orlando-based Butler & Hosch had filed for what’s called “an assignment for the benefit of creditors” and stopped operating last week. [read post]
2 Nov 2017, 7:15 am
Doctors Debra and Sajid Ravasia of Spokane Washington jointly filed a massive $191 million bankruptcy in January of this year owing as many as 8,000 creditors. [read post]
18 Apr 2007, 2:13 pm
Bankruptcy requires you to list all of the creditors that you owe money to on the date of filing - including the ones you want to keep like your home or car. [read post]
5 Aug 2007, 3:24 pm
A study of empirical data collected from post-bankruptcy debtors by University of Iowa Associate Law Professor Katherine Porter concludes that creditors repeatedly solicit debtors with everything from credit cards and live checks to car loans and mortgages [read post]
9 Aug 2007, 6:42 am
Crying “accountability, personal responsiblity” the creditor lobby finally got their legislation, intended to make filing bankruptcy, especially Chapter 7, more expensive, more difficult, and out of reach for many. [read post]
21 Jun 2009, 4:41 am
First of all, it takes some effort for a foreign creditor to make its judgment enforceable in [...] [read post]
20 Apr 2023, 10:00 pm
The decision raises further questions as to the legal status of cryptocurrencies and, in particular, the ability of creditors to initiate and pursue insolvency proceedings in Singapore based on a claim denominated in cryptocurrency. [read post]
8 Oct 2007, 6:01 pm
" Here in Massachusetts, a creditor can file a memorandum of a lis pendens in a registry of deeds to put people on notice that the property is currently involved in litigation. [read post]
16 Oct 2009, 4:08 pm
Chapter 13 bankruptcy provides a powerful tool — You can provide for special treatment of co-signed debt, allowing it to be paid more than other similar creditors. [read post]
27 Jun 2018, 12:40 pm
But the oddly-named Bankruptcy Abuse Prevention and Consumer Protection Act contained a number of pro-creditor changes, and the interplay between the stay and eviction was one of them. [read post]
14 Mar 2014, 8:11 am
If an individual retirement annuity meets the Tax Code 408(b) definition, the annuity is not part of the bankruptcy estate and is exempt from creditor claims. [read post]
6 Jun 2007, 3:44 pm
Geraldine Freeman specializes in finance, bankruptcy, workouts, and enforcement of creditors' rights and remedies. [read post]
