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21 Aug 2018, 11:15 am
Effect on Creditors The new rules largely favor debtors because they require creditors to make quicker decisions on how to proceed during their cases. [read post]
21 Aug 2018, 7:55 am by Rachel R. Mentz
Neither the MLA nor its implementing regulations expressly prohibit creditors from financing additional items, such as GAP insurance, when financing the purchase of a motor vehicle. [read post]
20 Aug 2018, 10:47 am by John D. Socknat
  (The new requirement presents an apparent conflict with the Regulation B proscription against a non-mortgage creditor inquiring about the race, ethnicity or gender of an applicant. [read post]
20 Aug 2018, 5:48 am by Jon Alper
In Florida, a joint marital account is tenants by entireties property and the money is exempt from the creditors of either spouse individually. [read post]
19 Aug 2018, 4:34 pm by NWDRLF
So what can a creditor do to try and collect on a debt against the non-filing spouse? [read post]
19 Aug 2018, 4:00 pm by Joe Glantz
Good probate planning can also help avoid claims by creditors. [read post]
17 Aug 2018, 7:27 pm by Kenneth Vercammen Esq. Edison
 Premiums paid by the decedent's employer, his partner, a partnership of which he was a member, or his creditors, are deemed to have been paid by the decedent.3B:8-8. [read post]
17 Aug 2018, 2:52 pm by Daily Record Staff
Wasserman, who works in the firm’s Baltimore office, received the honor in the category of bankruptcy and creditor debtor rights / insolvency and reorganization law. ... [read post]
17 Aug 2018, 12:42 pm by Wail Sarieh
No creditor cares about a divorce judgment; they merely want to be paid by whoever can be held accountable for debt. [read post]
17 Aug 2018, 12:30 pm by John K. Ross
The debtor then sues the creditor and debt collector for filing in the wrong venue, settling with the creditor but winning $200 in damages plus $70k in attorney's fees from the debt collector. [read post]
17 Aug 2018, 10:39 am by Krause Donovan Estate Law Partners
A revocable living trust is a means of avoiding probate, not a way to avoid paying back your creditors. [read post]
17 Aug 2018, 10:17 am by Jeremy C. Sairsingh
In response to reports that Acting CFPB Director Mick Mulvaney intends to dispense with routine supervisory examinations of creditors for violations of the Military Lending Act (MLA), Senate Democrats sent a joint letter addressed to Mulvaney in his capacity as Director of the Office of Management and Budget—urging him to reconsider. [read post]
17 Aug 2018, 8:15 am by Hirsch & Lyon
Debtors, Creditors, and Liabilities Wrongful death damages belong to you — the qualified, surviving family member entitled to such damages — and are therefore not subject to the claims of debtors and creditors that might otherwise attempt to access funds belonging to the estate of the deceased. [read post]
17 Aug 2018, 7:27 am by Cathy Moran
  The burden is on creditors to take action to extract themselves from the stay. [read post]
17 Aug 2018, 6:36 am by Robert Kraft
When you have been following this frugal lifestyle for several months, you will end up being able to leverage your position with the creditor by offering to pay a lump sum on your principal and asking them to lower your interest rate. [read post]
16 Aug 2018, 4:00 pm by Joe Glantz
Without proper investigation and due diligence, a home-buyer may find that: Others claim they have a right to the home Creditors may seek to sell the home to pay their debts The homeowner can’t sell or transfer the home Common Title Cloud Defects Title insurance protects home-buyers from legal claims. [read post]
16 Aug 2018, 1:10 pm by Neil K. Gilman and Perie Reiko Koyama
After the court’s decision, the plaintiff trade group representing collection agencies and creditors declared victory, as did much of the business community. [read post]
16 Aug 2018, 7:25 am by assoulineberlowe
This decision is important because it will eliminate the disincentive that creditors may have in extending credit to a struggling debtor, which was mentioned in the Blue Bell decision. [read post]
16 Aug 2018, 7:21 am by assoulineberlowe
ASSOULINE & BERLOWE, P.A. 213 East Sheridan Street, Suite 3 Dania Beach, Florida  33004 Main: 954.929.1899 Fax: 954.922.6662 Email: JLS@assoulineberlowe.com http://www.assoulineberlowe.com/ Intellectual Property, Labor & Employment, Creditors’ Rights & Bankruptcy, Business Litigation, Corporate & Finance, Real Estate, International Law, Trusts & Estates, Probate & Administration [read post]