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22 Feb 2018, 9:16 am
The automatic stay in bankruptcy legally prevents (stays) all creditor calls after filing bankruptcy. [read post]
16 Oct 2007, 12:00 pm
Getting ready to file bankruptcy, my clients take back control of their bank accounts by revoking the permission they have given to creditors to withdraw money using automated clearing house (ACH) transactions. [read post]
5 Oct 2021, 11:49 am
This is different from a Chapter 7 bankruptcy, in which the debtor’s assets are collected and used to pay creditors, while any remaining debt is immediately discharged [read post]
5 May 2009, 8:23 pm
But in times of duress, politicians–especially in emerging markets–are willing to deal with that comfortably far-off possibility, rather than find the money to pay the creditors now. [read post]
6 Feb 2007, 3:55 am
I often get questions about creditor collection practices. [read post]
4 Jul 2007, 7:36 am
The Holy Grail of a certain set of financial/business planners is “asset protection“: have the benefit of your assets while keeping them locked away from your creditors. [read post]
10 Mar 2010, 11:51 am
Among the Ask a Divorce Lawyer questions answered today by Cordell & Cordell attorneys:She was ordered to refinance the home but she still doesn't qualify and now the creditors think I'm liable. [read post]
1 Apr 2015, 12:12 pm
Viegelahn [transcript, PDF] the court must decide "whether, when a debtor in good faith converts a bankruptcy case to Chapter 7 after confirmation of a Chapter 13 plan, undistributed funds held by the former Chapter 13 trustee are refunded to the debtor or distributed to creditors. [read post]
7 Dec 2015, 4:56 am
The Appellate Division of the Fifteenth Judicial Circuit of the State of Florida recently reversed dismissal of a federal Fair Debt Collection Practices Act (FDCPA) claim alleging a debt collector’s letter falsely represented a bank was the creditor of a loan. [read post]
19 Apr 2016, 9:00 am
The reason that many bankruptcy cases are contentious is that the parties often disagree about the amount of assets available for distribution to creditors, as well as how the assets should be divvied up. [read post]
7 Sep 2015, 8:22 am
Fed. 2d 151 (Originally published in 2015) Under § 511(a) of the Bankruptcy Code, a creditor that is a [...] [read post]
8 Aug 2013, 6:00 am
A federal judge ruled on Friday that Detroit’s request to table three lawsuits filed by Ingham County creditors was valid, thus pushing aside a major roadblock in the city’s Chapter 9 bankruptcy case. [read post]
10 Jan 2020, 10:54 am
Judgment creditors can execute their judgment to partition and/or sell the property … Continue reading → [read post]
11 Oct 2021, 10:53 pm
Of course, some secured creditors want you to sign a reaffirmation agreement. [read post]
10 Nov 2008, 11:13 am
Upon the death of a person, his real and personal property devolves to the persons to whom it is devised by his ill or to those indicated as substitues for them in cases involving lape, renunciation, or other circumstances affecting the devolution of testate, or in the absence of testmentary dispostion, to his heirs, or to those indicated as subbstitues for them in cases involving renunciation or other circumstances affecting devolution of intestate estates, subject ot rights of creditors… [read post]
22 Oct 2007, 2:44 pm
NACTT is an organization for the over 200 Chapter 13 standing trustees from all 50 states and Puerto Rico, as well as bankruptcy judges, debtor and creditor attorneys, cpa's and other insolvency related professionals. [read post]
27 Oct 2008, 12:45 am
Child tax credit and earned income credit are now exempt in Ohio putting these sums of money out of reach of creditors and bankruptcy trustees. [read post]
28 Dec 2009, 3:43 pm
Once the case is filed, a brief creditor's [...] [read post]
18 Jul 2020, 7:31 am
You negotiate with the lender or creditor and they agree to settle the balance for less. [read post]
14 Jan 2021, 10:40 am
In an opinion announced Thursday, Justice Samuel Alito wrote for a unanimous eight-justice court that “mere retention” of a debtor’s property by a creditor does not violate the law. ... [read post]
