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31 May 2018, 2:35 am
There are still certain requirements that have to be met, such as giving notice to creditors and filing an inventory or an affidavit instead of an inventory, but other than those few things, the estate is administered by the executor and without direct Court supervision or intervention. [read post]
30 May 2018, 2:50 pm
Right before his son went off to the big city in Shakespeare’s Hamlet, Polonius told Laertes “Neither a borrower nor lender be/For loan oft loses both itself and friend. [read post]
30 May 2018, 1:00 pm
The attorney performed substantial services in advising the client of perfecting secured creditor status and undertook to engage both local counsel and a listing broker to evaluate the purchase or lease of moorage space on the Houston Ship Channel. [read post]
29 May 2018, 8:05 am
Because the beneficiary is not the owner of the trust assets and does not have access to the assets that the trust owns, the assets should be safe in the event of a bankruptcy and should not be lost as a result of claims made by creditors. [read post]
29 May 2018, 7:23 am
(Finding that a creditor bank’s normal commercial activities did not “equate to participating in or aiding the sale of securities. [read post]
29 May 2018, 7:19 am
Your former creditor just doesn’t bother to update the report. [read post]
28 May 2018, 7:40 am
The trustee, who is not a judge and may not even be a lawyer, must do what is in the best interests of the creditors. [read post]
28 May 2018, 7:40 am
The trustee, who is not a judge and may not even be a lawyer, must do what is in the best interests of the creditors. [read post]
26 May 2018, 6:14 am
Most of them are limited to one aspect of Florida homestead law – but Florida homestead law generally covers three large areas: creditor protection, limitations on gifting and testamentary transfers, and ad valorem taxes (and its corollary Save Our Homes cap on valuation limitations). [read post]
25 May 2018, 11:26 am
If such waivers were permitted, every creditor would ask for one. [read post]
25 May 2018, 7:46 am
On March 27, 2018, the Debtors, the Unsecured Creditors Committee and the Ad Hoc Noteholders Committee all agreed on a plan of reorganization that was encapsulated in a Term Sheet filed with the Bankruptcy Court. [read post]
24 May 2018, 9:01 pm
Thompson (1881), the House issued subpoenas to determine whether a bankruptcy trustee had favored some creditors over others in a major bank insolvency. [read post]
24 May 2018, 4:40 pm
§ 14-10506 was amended to provide additional circumstances when a creditor or beneficiary can reach trust funds to satisfy a claim, notwithstanding a provision (i.e., a spendthrift clause) in the trust, where a trustee has failed to make a “mandatory distribution. [read post]
24 May 2018, 4:40 pm
§ 14-10506 was amended to provide additional circumstances when a creditor or beneficiary can reach trust funds to satisfy a claim, notwithstanding a provision (i.e., a spendthrift clause) in the trust, where a trustee has failed to make a “mandatory distribution. [read post]
24 May 2018, 2:00 pm
Misrepresenting that they would reduce consumers’ principal balances by at least 60%, leave consumers’ creditors without recourse on the debts, and increase consumers’ credit scores Instructing consumers to stop making payments on the debts enrolled in the program without disclosing that doing so might lead to the consumer being sued or to an increase in the amount owed. [read post]
24 May 2018, 11:50 am
As a result, creditors may be less willing to provide loans or credit to risky, low-income debtors. [read post]
24 May 2018, 11:13 am
How does the law prevent creditors from harassing or abusing me? [read post]
24 May 2018, 11:13 am
How does the law prevent creditors from harassing or abusing me? [read post]
23 May 2018, 3:53 pm
The Iowa Supreme Court found that Skadburg had notice of her cause of action in 2008 when she paid the creditors and that the case was filed after the five-year statute of limitations expired. [read post]
23 May 2018, 3:53 pm
The Iowa Supreme Court found that Skadburg had notice of her cause of action in 2008 when she paid the creditors and that the case was filed after the five-year statute of limitations expired. [read post]
