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23 May 2018, 10:00 am
In Judge Walrath’s RCS Creditor Trust v. [read post]
22 May 2018, 11:00 pm
In this respect, a number of conflicting interests are at stake: namely, the interest of the heir that needs to be balanced against the interest of the different groups of creditors. [read post]
22 May 2018, 9:30 pm
Anyone who held public and private debt suddenly saw its value reduced by nearly half, and debtors--including the U.S. government—suddenly owed their creditors far less. [read post]
22 May 2018, 9:00 pm
Further, the IRA going to Bobby would not have creditor protection under federal law (though in places it might have protection at the state level). [read post]
22 May 2018, 1:39 pm
A judgment gives the creditor serious advantages. [read post]
22 May 2018, 12:45 pm
Conducting the Meeting of Creditors After a month from filing, your bankruptcy trustee will administer a 341 meeting of creditors, which you must attend. [read post]
21 May 2018, 3:11 pm
A judgment gives the creditor serious advantages. [read post]
21 May 2018, 12:56 pm
Assured, however, contends that this most current plan is just as remiss as the old one when it comes to not properly honoring creditor liens. [read post]
21 May 2018, 10:00 am
Bankruptcy’s automatic stay will stop most collection actions from creditors. [read post]
19 May 2018, 2:38 pm
Usually, a bankruptcy court may approve such a plan only if every affected class of creditors agrees to its terms. [read post]
18 May 2018, 1:54 pm
And yes, the court can order your spouse to pay or assume the debt, but if he/she can’t immediately pay-off the balance in full, and/or the creditor won’t remove your name from the joint debt, you’re still responsible and liable to the third-party creditor who can pursue you in an effort to collect the debt if your spouse defaults. [read post]
18 May 2018, 11:06 am
Though for a relatively small amount, we will see whether this lawsuit prompts other creditors to enter the fray. [read post]
17 May 2018, 2:15 pm
Unfortunately, the Fair Debt Collection Practices Act and its Florida counterpart do not specify a particular number of calls per day that a creditor can make when trying to collect a debt. [read post]
17 May 2018, 1:03 pm
This means creditors aren’t allowed to harass you anymore, you don’t have to worry about your car being repossessed in the middle of the night, and the bank can’t foreclose on your home. [read post]
17 May 2018, 12:36 pm
Hardly a day goes by in my practice that I don't rely on resources or refer someone to resources produced by the National Consumer Law Center. [read post]
17 May 2018, 10:15 am
When a Crane collapsed at a construction site in New York in 2008, many were quick to blame anyone and everyone involved in the project. [read post]
17 May 2018, 10:15 am
When a Crane collapsed at a construction site in New York in 2008, many were quick to blame anyone and everyone involved in the project. [read post]
17 May 2018, 6:18 am
Negotiate with Your Creditors – Many creditors will allow you to negotiate, especially if you are providing reasonable terms. [read post]
17 May 2018, 6:17 am
What the homestead exemption means If you have less than $132,900 in equity in your home, the bankruptcy trustee may not sell your home in order to repay your creditors. [read post]
17 May 2018, 6:14 am
Regardless, it is considered junk debt because the original creditor exhausted their efforts and deemed the balance as uncollectable. [read post]