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14 Jun 2018, 12:48 pm by Barbara S. Mishkin
We have advocated for the OCC’s adoption of a rule providing that (1) loans funded by a bank in its own name as creditor are fully subject to Section 85 and other provisions of the National Bank Act for their entire term; and (2) emphasizing that banks that make loans are expected to manage and supervise the lending process in accordance with OCC guidance and will be subject to regulatory consequences if and to the extent that loan programs are unsafe or unsound or fail to comply with… [read post]
14 Jun 2018, 12:04 pm by John L. Culhane, Jr.
  In December 2015, the CFPB issued a bulletin to provide guidance to creditors, debt buyers and third-party debt collectors about compliance with the CFPA UDAAP prohibition and the FDCPA when conducting in-person debt collection visits, such as visits to a consumer’s workplace or home. [read post]
14 Jun 2018, 11:41 am by Chip Parker
When you file Chapter 7 bankruptcy, your nonexempt property is sold to pay back your creditors. [read post]
14 Jun 2018, 8:18 am by Sabrina I. Pacifici
Trump’s behest, the Trump Foundation illegally provided extensive support to his 2016 presidential campaign by using the Trump Foundation’s name and funds it raised from the public to promote his campaign for presidency, including in the days before the Iowa nominating caucuses…” Washington Post: “The New York attorney general on Thursday filed suit against President Trump and his three eldest children alleging “persistently illegal conduct” at the… [read post]
12 Jun 2018, 4:01 pm by Allmand Law Firm, PLLC
To rebuild credit after bankruptcy, you must regain the trust of creditors. [read post]
12 Jun 2018, 1:27 pm by SHanson
They result from living outside one’s means and having creditors pick up the financial slack. [read post]
12 Jun 2018, 12:50 pm
Because as soon as you file a bankruptcy, your creditors are banned from contacting you to collect on a pre-existing debt. [read post]
12 Jun 2018, 11:13 am by doug
. * From the actual filing date, about one month until the meeting of creditors is held at the trustee’s office. * Then there is a two month period to wait to see if any objections are received. [read post]
12 Jun 2018, 8:00 am by Len Feltoon
The plan itself can convince creditors to do any of the following: Lower or waive interest Lower payments on death Waive any fees Consolidate existing debt into a repayment plan that is affordable Showing Consideration to Employees We assure a plan member that creditors want their money and nothing else. [read post]
12 Jun 2018, 8:00 am by Len Feltoon
The plan itself can convince creditors to do any of the following: Lower or waive interest Lower payments on death Waive any fees Consolidate existing debt into a repayment plan that is affordable Showing Consideration to Employees We assure a plan member that creditors want their money and nothing else. [read post]
12 Jun 2018, 6:31 am by Eliot Kim
” Thus according to Silberman, creditors or bondholders are types of plaintiffs for whom international organizations probably waived their immunity because the organizations would not have been able to borrow money without agreeing to waive their immunity. [read post]
12 Jun 2018, 6:28 am by Mark S. Humphreys
., the insured’s pledge of the policy proceeds may give a creditor rights superior to the named beneficiary. [read post]
12 Jun 2018, 5:56 am by Jon Alper
But, the amendment of the trust seems to be designed to make the trust immune from creditors, by virtue of the spendthrift clause, and to protect from creditors a valuable real property that had been vulnerable when owned by the debtor’s revocable trust. [read post]
11 Jun 2018, 1:08 pm by Melissa Jacoby
Seyfarth Shaw was representing TWC in the Geiss litigation, at least prior to the bankruptcy (leading the firm to successfully seek payment of its prepetition claim out of an insurance policy, over the creditor committee's objection - seek dkt #1000). [read post]
11 Jun 2018, 1:08 pm by Melissa Jacoby
Seyfarth Shaw was representing TWC in the Geiss litigation, at least prior to the bankruptcy (leading the firm to successfully seek payment of its prepetition claim out of an insurance policy, over the creditor committee's objection - seek dkt #1000). [read post]
11 Jun 2018, 10:47 am by Walker & Walker Law Offices
  It was taken to pay creditors by the court, and the person filing bankruptcy had to be very careful about how they did their tax returns to avoid a tax penalty for an early withdrawal of the money. [read post]
11 Jun 2018, 9:01 am by doug
Creditors are invited to attend, hence the name, but rarely do in consumer cases. [read post]