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2 Nov 2009, 2:42 am
“Investors in the world's largest structured investment vehicle (SIV) are set to recover their money after the UK's highest court clarified how the remains of Sigma Finance Corporation should be divided among competing creditors. [read post]
8 Jul 2016, 11:47 am
For many people the notion is that a debt is a debt and there is nothing to distinguish between one creditor and another, but this is an assumption that is incorrect. [read post]
30 Jun 2020, 10:00 pm
Crucially, the moratorium provisions in the CIG Act do not displace the protections afforded to creditors who have registered their interests under the Cape Town Convention. [read post]
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]
