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5 Aug 2018, 1:12 am
As many debts typically remain active in a Chapter 13 bankruptcy until a debtor’s creditors have been repaid in accordance with the terms of a repayment plan, discharged Chapter 13 debts can remain on one’s credit report longer than the actual bankruptcy. [read post]
3 Aug 2018, 7:01 am
Although he tried to avoid the Chapter 11 bankruptcies by renegotiating debts with his various creditors, those attempts were ultimately unsuccessful. [read post]
3 Aug 2018, 6:00 am
He made a distribution to the creditors under the trust deed, declaring it to be a ‘first and final dividend’. [read post]
2 Aug 2018, 7:37 pm
Either way, however, this is probably very bad news for any general unsecured creditors of MoviePass. [read post]
2 Aug 2018, 7:18 pm
That one creditor could be forced to repay that money or return that property to your bankruptcy trustee so that it could be distributed among all the creditors. [read post]
2 Aug 2018, 4:18 pm
Such defaults could bankrupt creditors who don’t have sufficient cash on hand to compensate for the lost revenue caused by the defaults. [read post]
2 Aug 2018, 1:06 pm
But what fraudulent transfer defenses are likely, for debtors or creditors alike? [read post]
2 Aug 2018, 3:49 am
This includes canceling licenses and permits, as well as filing legal and tax documents with courts, creditors, and government authorities. [read post]
2 Aug 2018, 12:00 am
., the surviving spouse takes full ownership of the property) with the added benefit of certain creditor protections. [read post]
1 Aug 2018, 7:40 pm
That one creditor could be forced to repay that money or return that property to your bankruptcy trustee so that it could be distributed among all the creditors. [read post]
31 Jul 2018, 4:49 am
The timing is also important: Chapter 7 filers must present the proof of attendance (by presenting Form 23) no later than 45 days after the creditor’s meeting. [read post]
31 Jul 2018, 4:46 am
If you send a debt collector a written dispute of the debt within 30 days of their first contact, you may ask for and they then must provide: A fully itemized breakdown of the debt, A description of the product or services purchased, The debtor information including name, address, and last 4 numbers of their Social Security number, The original creditor’s full name and address, and Any and all supporting documentation for the debt. [read post]
31 Jul 2018, 4:44 am
This does not include an original creditor’s internal collectors. [read post]
30 Jul 2018, 2:22 pm
They can invest directly in a project, becoming a co-owner or creditor. [read post]
30 Jul 2018, 1:49 pm
Distribute property and assets to secured / unsecured creditors as owed. [read post]
30 Jul 2018, 12:52 pm
Filing for bankruptcy in the eyes of creditors shows a weakness in financial stability. [read post]
30 Jul 2018, 12:52 pm
Filing for bankruptcy in the eyes of creditors shows a weakness in financial stability. [read post]
30 Jul 2018, 12:22 pm
With debt settlement, you work with an agency that negotiates with your creditors to accept a lower pay off amount than what you owe. [read post]
30 Jul 2018, 10:46 am
The choice as to which route to take is up to the creditor—the creditor can pursue either the spouse or the estate. [read post]
30 Jul 2018, 9:26 am
For all the reasons we explored earlier, omitting a creditor doesn’t always work. [read post]