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6 Jun 2021, 10:00 pm
Subordination agreements are generally enforced in accordance with applicable non-bankruptcy law in bankruptcy cases. [read post]
27 Aug 2007, 6:48 am
In North Carolina, you can’t go to jail for simply not paying a debt under most circumstances. [read post]
8 Mar 2011, 6:37 am
24 Jan 2022, 10:00 am
Suppose a person is subject to a relatively small money judgment owed to a credit card company. [read post]
27 Sep 2023, 11:02 am
On September 21, 2023, with limited time to digest the comments received by September 11, 2023 from the request for information regarding medical payment products, the Consumer Financial Protection Bureau (CFPB) started the FCRA rulemaking process. [read post]
15 Jun 2016, 11:29 am
Caesars Entertainment Corp. won a temporary halt to potentially crippling court rulings in bondholder lawsuits that accuse the company of unfairly reneging on a promise to repay billions of dollars in debt. [read post]
9 Apr 2007, 11:09 pm
You receive credit card statements for bills you cannot pay. [read post]
29 Jun 2011, 2:00 am
If you have a credit card or a loan with a zero balance, it is a personal decision whether you include them on your bankruptcy. [read post]
24 Sep 2021, 7:27 am
The District of Columbia recently passed legislation to substantially revise its debt collection law on an emergency basis. [read post]
7 Jun 2012, 12:06 pm
Know that there are options available to you – Overwhelming Debt We all try hard to pay our bills and not spend more than we have. [read post]
29 Apr 2009, 8:57 am
In my recent article on reasons to delay the filing of a bankruptcy to avoid issues of preferential payments in pre-bankruptcy transfers, I addressed the right of the bankruptcy trustee to set aside preferential transfers. [read post]
19 Dec 2018, 3:04 pm
Section 341 of the Bankruptcy Code requires debtor(s) to submit to an examination, under oath, by the Chapter 13 trustee, or a representative of the trustee. [read post]
7 Nov 2023, 9:28 am
In a November 1, 2023 blog post titled “Servicemembers continue to face major financial challenges,” the Consumer Financial Protection Bureau highlighted three areas where it is working to secure protections for servicemembers, including the Servicemembers Civil Relief Act’s (“SCRA”) 6% interest rate cap, restrictions on the use of military allotments, and efforts to protect servicemembers from identity theft. [read post]
20 May 2016, 6:46 am
Posted by Luc Renneboog, Tilburg University, on Friday, May 20, 2016 Editor's Note: Luc Renneboog is Professor of Corporate Finance at Tilburg University. [read post]
26 Apr 2009, 10:58 am
My clients often ask if there is an alternative to bankruptcy. [read post]
24 Jan 2022, 10:00 am
Suppose a person is subject to a relatively small money judgment owed to a credit card company. [read post]
23 Jan 2019, 1:47 pm
No. [read post]
24 Jan 2008, 4:22 am
An involuntary petition was filed against Friedman's Jewelers on January 22, 2008. [read post]
7 Apr 2015, 4:45 am
Mr. [read post]
16 Jul 2014, 10:00 am
As I have previously discussed, the Supreme Court ruled in Clark v. [read post]
