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11 Oct 2018, 12:34 pm
In other words, the discharge of a debt means that the creditor is not permitted to collect money for the debt. [read post]
Online lending summit speakers discuss SPNB charters, CFPB trial disclosure policy, alternative data
11 Oct 2018, 8:18 am
Watkins noted that a trial disclosure could be used to address challenges faced by creditors in supplying reasons for an adverse action where a decision is made through artificial intelligence or mechanical learning. [read post]
The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018
10 Oct 2018, 2:49 am
These conditions will be that recognition may only be refused if one or more of the following are met: recognition would have an adverse effect on financial stability in the UK; in order to achieve one or more of the special resolution objectives, it is necessary for UK authorities to take action in respect of a branch of the bank in question located in the UK; the third country resolution action treats creditors (particularly depositors) who are located or payable in the UK less favourably… [read post]
9 Oct 2018, 2:33 pm
Debtor attorneys have always done the Suggestions of Bankruptcy and it is a SERVICE to the state court and a service to creditors and to their wallet. [read post]
9 Oct 2018, 2:33 pm
Debtor attorneys have always done the Suggestions of Bankruptcy and it is a SERVICE to the state court and a service to creditors and to their wallet. [read post]
9 Oct 2018, 8:22 am
Complex restructuring proceedings are appropriate only if the debtor-entity chooses the complex restructuring route, or creditors or a system administrator (trustee, regulator?) [read post]
9 Oct 2018, 8:22 am
Complex restructuring proceedings are appropriate only if the debtor-entity chooses the complex restructuring route, or creditors or a system administrator (trustee, regulator?) [read post]
9 Oct 2018, 1:32 am
Creditors know that once you file bankruptcy, you cannot file again for a period of time, making it more likely that you will be “on the hook” for your debt. [read post]
8 Oct 2018, 6:55 pm
The claims of the estates creditors must be paid. [read post]
8 Oct 2018, 8:08 am
Underwater homes are problematic for creditors trying to collect from mortgagees because: Mortgagees may walk away from their homes and their mortgage payments because they have no home equity; and Mortgagers may not recuperate the value of the mortgage in a sale if the home’s value is worth less than what the mortgagee owed. [read post]
8 Oct 2018, 8:05 am
Banks were seen as a special case because of the risk of bank runs and because their creditors were not able to assess accurately the riskiness of banks. [read post]
8 Oct 2018, 8:05 am
Banks were seen as a special case because of the risk of bank runs and because their creditors were not able to assess accurately the riskiness of banks. [read post]
8 Oct 2018, 8:00 am
According to Section 1541:An obligation is extinguished by a release therefrom given to the debtor by the creditor, upon a new consideration, or in writing, with or without new consideration.Knowing my collection as I do, I was able to use the Table of Statutes referencing Civil Code 1541 and locate a number of resources that were helpful, namely:American Jurisprudence Pleading and Practice Forms Annotated (TR, Vol. 21B, Release)AmJur Legal Forms 2d (TR)California Forms of Pleading… [read post]
5 Oct 2018, 11:32 am
However, certain creditors may have a claim against the income from the trust. [read post]
Underlining the Obvious: Remarks by Vice President Pence on the Administration’s Policy Toward China
4 Oct 2018, 8:05 pm
On the morning of 4 October 2018, Vice President Pence traveled to the offices of the Hudson Institute, a public policy think tank with a reputation as a politically conservative organization, to deliver a carefully designed Remarks on the Administration’s Policy Toward China. [read post]
4 Oct 2018, 5:35 pm
When an individual files bankruptcy in Texas, they are awarded a temporary automatic stay which prevents any creditor from making attempts to collect a debt. [read post]
4 Oct 2018, 5:20 pm
Risks may therefore include: inappropriate or inadequate pricing of the credit risk, leading to a lack of liquidity should investors want to exit their investment; and bankruptcy and creditor claims. [read post]
4 Oct 2018, 10:42 am
Pleading “customers, investors, and creditors” isn’t enough, so this claim was also dismissed.Lanham Act false advertising: MiMedx failed to allege a competitive injury related to MiMedx’s commercial interests, such as customers withholding trade or lost revenue; it didn’t even allege that the misleading communications reached customers (as opposed to shareholders).http://tushnet.blogspot.com/feeds/posts/default? [read post]
4 Oct 2018, 10:03 am
Credit Reporting Prohibits a creditor or consumer reporting agency from making an annotation in the servicemember’s record that the person is on active duty status. [read post]
4 Oct 2018, 9:58 am
The actio pauliana is an instrument provided by the national laws of several EU member states that allows the creditor to challenge fraudulent acts by their debtor that have been committed to the creditor’s detriment. [read post]