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23 Jun 2009, 10:22 am
Filing Chapter 7 bankruptcy will stop collection efforts of your creditors, however that relief may be temporary if your debts are of the kind that are not discharged in bankruptcy. [read post]
3 Dec 2009, 1:15 am
Practice point: A corporation’s sole shareholder is the equitable owner and, in the absence of an adverse effect upon creditors’ rights, the corporation’s property may be used in payment of or as security for personal debt. [read post]
20 Jun 2012, 6:21 am
Vincent Catholic Medical Centers; representing the banks in Dewey Leboeuf; representing the bondholders in American Airlines; and representing the creditors' committee in Capmark Financial Group. [read post]
20 Mar 2012, 4:35 pm
To make it harder, and more helpful to creditors, Congress developed a Means Test to determine whether a debtor can file for Chapter 7 bankruptcy protection. [read post]
7 Jan 2013, 10:01 am
Petitioning The Court An involuntary bankruptcy occurs when a person’s creditors ban together to [...] [read post]
31 Jan 2018, 9:05 am
The two main underpinnings of bankruptcy are to treat creditors fairly and to allow debtors to live with dignity. [read post]
27 May 2009, 11:15 am
THE CHICAGO WAY: CONSEQUENCES: “Bond investors literally can’t afford to lend to unionized companies because it’s clear that current power in Washington will take the unions’ side, despite past bankruptcy law precedents that favor senior creditors. [read post]
17 Feb 2016, 2:04 pm
According to the court appointed monitor, Daniel Pollack, creditors who participate would receive 100 percent of the principal owed [Buenos Aires Herald report] and 50 percent of the interest owed on that principal. [read post]
4 Mar 2013, 3:26 pm
The racy girls’ video empire seeks protection while disputing multi-million dollar claims including a legal judgment of $10.3 million from Wynn Las Vegas, one of its biggest creditors. [read post]
16 Apr 2020, 12:07 pm
Not only does Kain & Scott specialize in bankruptcy, we also have an in-office credit repair specialist that will make sure your credit report is clear and free of creditors! [read post]
28 Jun 2021, 10:00 am
Even though the judgment debtor lives in Florida, the judgment creditor could start judgment collection proceedings in the foreign state’s court. [read post]
1 Mar 2023, 5:30 am
In Chapter 13 Bankruptcy, collateral on a loan is either surrendered, paid on the plan, or paid outside the plan, with language on the plan that binds both debtor and creditor. [read post]
16 Sep 2011, 2:35 pm
On the same day that the defunct law firm moved for more time to finalize its Chapter 11 plan, its largest creditor asked the bankruptcy judge overseeing the matter to either name a trustee in the case or convert it to an involuntary Chapter 7 proceeding. [read post]
24 Jan 2021, 9:00 am
Owners or operators of those lands who seek protection under the Companies’ Creditors Arrangement Act (CCAA) or the ... [read post]
28 Sep 2016, 8:53 am
The measures [NYT report] were taken in order to satiate creditors and receive aid under the country's third bail-out procedure. [read post]
11 Feb 2019, 11:36 am
Bankruptcy is a tool used to help eliminate troublesome debt, however, what happens if you are on the creditor side it can be distressing. [read post]
26 Jul 2017, 9:25 am
The decision has dire implications for debt collectors, creditors and any commercial enterprise […] Donald Maurice [read post]
13 Mar 2014, 9:13 am
Speaking at the National Community Reinvestment Coalition Annual Conference in Washington yesterday, Antonakes said the bureau is “concerned that the accuracy of account information degrades as it passed on from the original creditor to debt collection firms […] [read post]
15 Jul 2015, 1:00 am
Sometimes in case of financial problems the aircraft is seized by creditor or the airline goes bankrupt. [read post]
5 Apr 2016, 8:26 am
The "best interests of the creditors and estate" is the principal guiding factor, such that the bankruptcy court must consider the effect of its ruling on all creditors.http://www.njlawconnect.com/chapter-13-bankruptcy-bad-faith/ [read post]
