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18 Jan 2021, 4:47 am by jweil
Tip #1: Have You Filed Bankruptcy Before? [read post]
18 Jan 2021, 3:45 am
If you have filed a bankruptcy, or are considering filing a bankruptcy, and have done any research, you may have come across the phrase “preference payment” and asked yourself, “what does that mean? [read post]
17 Jan 2021, 9:04 am by leemedia
The bankruptcy process is designed to be a protection for consumers. [read post]
17 Jan 2021, 9:00 am by Patricia J. Scott
When an individual files a Chapter 7 bankruptcy case, the debtor’s non-exempt assets become property of the estate that is used to pay creditors. [read post]
John’s or the archdiocese is now responsible to pay the Christian Brothers’ outstanding damages after the organization declared bankruptcy from settling child abuse claims in 2011. [read post]
16 Jan 2021, 10:57 pm by Mahmoud Khatib
Unfortunately, when negotiations between the parties break down, letters of intent are often at the center of litigation.[2] In perhaps the most famous example of litigation around the enforceability of a letter of intent, Pennzoil won a judgment against Texaco for $10.5 billion, and Texaco was forced to seek bankruptcy protection.[3] Despite the legal risks, companies continue to use letters of intent. [read post]
16 Jan 2021, 5:15 am
Chapter 7 bankruptcies typically last up to 4 months and do not require any payments towards debt. [read post]
15 Jan 2021, 9:30 pm by ernst
New Books in Law has an interview with Virginia Torrie on her book Reinventing Bankruptcy Law, which we've previously spotlighted. [read post]
15 Jan 2021, 4:56 pm by Adam Levitin
 Filing for bankruptcy is a bit like entering a fishbowl. [read post]
15 Jan 2021, 2:29 pm by IncNow
It is common for decisions regarding bankruptcy or insolvency of the company to require a higher percentage of member approval than other Major Decisions, often 90% or 100% of the Members. [read post]
15 Jan 2021, 2:27 pm
Congress on December 27, 2020, prohibited lenders from denying forbearances or foreclosure relief to lenders who had previously filed for bankruptcy or who are involved in bankruptcy proceedings. [read post]
15 Jan 2021, 2:00 pm by IncNow
For example, one of the subsidiaries may file for bankruptcy without having the rest of the business go through the process. [read post]
15 Jan 2021, 1:21 pm by Pamela Foohey
The course covered debt collection, consumer bankruptcy, large public-company reorganization, small business reorganization (including the SBRA), municipal bankruptcy, cannabis and bankruptcy, third-party releases, and even a bit on chapter 15. [read post]
15 Jan 2021, 11:38 am by Site Admin
It was a place to companies would register, because the bankruptcy laws were in their favor, but it’s actually now the number one retirement state. [read post]
15 Jan 2021, 9:47 am by Cathy Moran
Does reaffirming a car loan after bankruptcy help rebuild your credit? [read post]
In oral arguments, the city framed the question in the case as “whether the Bankruptcy Code’s automatic stay requires a creditor in lawful possession of estate property when a bankruptcy petition is filed to return that property to the debtor immediately or else pay damages. [read post]
15 Jan 2021, 7:30 am by willcanderson
Casey and Macey on the Hertz Maneuver and the Limits of Bankruptcy Law willcanderson Fri, 01/15/2021 - 09:30 Read more about Casey and Macey on the Hertz Maneuver and the Limits of Bankruptcy Law Harvard Law School Bankruptcy Roundtable The Hertz Maneuver (and the Limits of Bankruptcy Law) [read post]