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7 Nov 2018, 10:00 pm
While at first sight a seemingly futile tactic, it opens a whole array of potential benefits to the judgment creditor. [read post]
7 Nov 2018, 7:01 pm
A debt buyer purchases the debt from the creditor, making it the new creditor. [read post]
7 Nov 2018, 4:24 pm
An administrative dissolution will not, however, discharge the corporation’s liability to creditors. [read post]
6 Nov 2018, 1:05 pm
Bankruptcy Code, the bankruptcy trustee will reorganize your debts based on priority, and then will require a debtor to make monthly payments, which the trustee will then distribute to creditors. [read post]
6 Nov 2018, 1:05 pm
Bankruptcy Code, the bankruptcy trustee will reorganize your debts based on priority, and then will require a debtor to make monthly payments, which the trustee will then distribute to creditors. [read post]
6 Nov 2018, 11:51 am
Assignment of a Contractual Position – Borrower’s consent is required for this type of transfer as the creditor is changing (i.e. obligations are transferred). [read post]
6 Nov 2018, 9:11 am
He asserts that, to protect Ngo from the creditors, they agreed to divorce. [read post]
5 Nov 2018, 3:32 pm
Vance averred that (1) Student "is not my spouse or dependent," (2) "[t]he loan proceeds were paid to [him] . . . and they were spent by him for his own expenses," (3) she filed bankruptcy and "listed the loan that is the subject of [Lender]'s Complaint . . . on [her] bankruptcy schedules," (4) her bankruptcy was "a `no asset' case in that no assets were collected and distributed to creditors by the trustee," (5) she was granted a discharge… [read post]
5 Nov 2018, 2:23 pm
While the state’s Division of Banks (DOB) and the state’s Attorney General (AG) have traditionally regulated, respectively, third-party debt collectors and first-party creditors, the AG is reported to have changed its website recently to include third-party debt collectors as entities that it regulates. [read post]
5 Nov 2018, 11:38 am
An example of the documents that may be found on PACER are as follows: entire bankruptcy petitions; motions filed with the court; documents filed by the trustee; discharge orders; any other orders entered in the case; and, proofs of claim filed by creditors. [read post]
5 Nov 2018, 11:38 am
An example of the documents that may be found on PACER are as follows: entire bankruptcy petitions; motions filed with the court; documents filed by the trustee; discharge orders; any other orders entered in the case; and, proofs of claim filed by creditors. [read post]
5 Nov 2018, 5:56 am
A creditor who is owed an unsecured debt has an unsecured claim. [read post]
5 Nov 2018, 1:00 am
The deceased may have many creditors, for example, or family members may, unfortunately, squabble over who has a right to certain assets.Placing assets into trusts can be a very effective way of avoiding probate entirely. [read post]
4 Nov 2018, 1:11 pm
The Sixth Circuit Court of Appeals sided with the IRS.The court found a claim filing constituted a proceeding because filing a proof of claim in Michigan has significant legal consequences for the creditor, the estate, and for Michigan law generally. [read post]
3 Nov 2018, 3:10 pm
Creditor must write the debt off and is not able to pursue debtor for the debt again. [read post]
2 Nov 2018, 10:00 am
One common myth is that a trust is completely creditor protected. [read post]
2 Nov 2018, 6:40 am
I think one of the most anxiety producing events for a client is the meeting of creditors or 341 meeting. [read post]
2 Nov 2018, 5:50 am
., (collectively the Hons), who own real property known as 135-07 41 Road, Flushing, New York, adjacent to the subject property, are judgment creditors who have a judgment lien on the subject property . [read post]
1 Nov 2018, 8:22 pm
But at the same time, with so much unpaid Cuban sovereign debt outstanding--and some large portion of that in the U.K, it may only be a matter of time before these transactions may catch the attention of sovereign creditors, and the more clever ones among than might be tempted to help themselves to some of the funds flowing out to Cuba.That is made easier by Cuba's insistence on conflating its state and economic activities. [read post]
1 Nov 2018, 11:08 am
This leaves you at the full mercy of your creditors. [read post]
