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8 Apr 2018, 11:56 pm
Joining with the Fourth and Ninth Circuits, the U.S. [read post]
8 Apr 2018, 1:49 pm
The answer in short is that you probably aren’t going to pay much, if anything, back to your unsecured creditors and you might do considerably better with your secured creditors, like car and home lenders, and your priority creditors, like the IRS, in Chapter 13. [read post]
8 Apr 2018, 1:49 pm
The answer in short is that you probably aren’t going to pay much, if anything, back to your unsecured creditors and you might do considerably better with your secured creditors, like car and home lenders, and your priority creditors, like the IRS, in Chapter 13. [read post]
8 Apr 2018, 11:51 am
This:If the dead person owned real estate, the affidavit doesn't work.If the dead person owned other types of property that all together total more than $50,000, the affidavit doesn't work.You still have to pay inheritance taxes, if any are due.You still have to pay the creditors, if any.You still have to pay the state back for any Medicaid debts due.Otherwise, you use the affidavit to transfer those small estates.Here's a common scenario where the affidavit could be… [read post]
7 Apr 2018, 12:34 pm
China held around [redacted] trillion of Treasuries as of the end of January, making it the largest of America’s foreign creditors and the No. 2 overall owner of U.S. government bonds after the Federal Reserve. [read post]
6 Apr 2018, 8:02 pm
Some drain assets, such as their retirement accounts, that could have been protected from creditors in bankruptcy. [read post]
6 Apr 2018, 8:02 pm
Some drain assets, such as their retirement accounts, that could have been protected from creditors in bankruptcy. [read post]
6 Apr 2018, 6:00 am
RCS Creditor Trust v. [read post]
5 Apr 2018, 7:55 pm
RADACK ROBOSIGNER REDUX: Chief of one of many courts of appeal in Texas takes swipe at 2017 CFPB enforcement action against Transworld Systems, Inc. [read post]
5 Apr 2018, 3:00 pm
Official Committee of Unsecured Creditors of Walldesign Inc. 17-1210 Issue: Whether a person who obtains funds from a debtor and exercises complete control over the funds, but lacks the legal authority to do so, is an “initial transferee” under Section 550(a)(1) of the Bankruptcy Code. [read post]
5 Apr 2018, 11:02 am
Perhaps the largest source of anxiety with declaring bankruptcy is the court appearance called the 341 meeting of creditors. [read post]
5 Apr 2018, 9:00 am
” An interested person is defined as: an heir, devisee, spouse, creditor, or any other person having a property right in or claim against an estate being administered; and anyone interested in the welfare of an incapacitated person, including a minor. [read post]
4 Apr 2018, 5:54 pm
They will then redistribute those monies to the same-class creditors. [read post]
4 Apr 2018, 5:54 pm
They will then redistribute those monies to the same-class creditors. [read post]
4 Apr 2018, 11:40 am
Some statutes permit a creditor to enforce the obligation if the creditor relied on it in extending credit to the company. [read post]
4 Apr 2018, 7:38 am
She handles securities class actions, shareholder derivative actions, class and creditors’ breach of fiduciary duty claims and consumer class action, employment liability, bankers’ liability, mortgage lenders/brokers liability, investment advisor/mutual fund liability and professional negligence claims. [read post]
4 Apr 2018, 4:29 am
” Additional coverage comes from Andrew Chung at Reuters, who reports that “Justices Anthony Kennedy and Clarence Thomas issued a brief order urging lower courts to reconsider an earlier ruling that barred the creditors from recovering the payments. [read post]
3 Apr 2018, 5:43 pm
Even after a judgment in court, a creditor can still continue to charge you interest and fees. [read post]
3 Apr 2018, 5:43 pm
Even after a judgment in court, a creditor can still continue to charge you interest and fees. [read post]
3 Apr 2018, 12:00 pm
The debt collection process for creditors is a confusing and difficult aspect of probate practice. [read post]