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18 Sep 2011, 1:36 pm
In this latest edition, Steve Berstler of LexisNexis discusses with Francis Pileggi, a recent Delaware Court of Chancery case outlining the factors involved in assessing whether an attorney could place a retaining lien on a file of a client who had not paid the attorney’s fee, and a Delaware Supreme Court opinion holding that creditors of a limited liability company (LLC) have no right to bring a derivative action, unlike in the analogous corporate context. [read post]
4 Aug 2008, 9:32 am
Donaldson v O'Sullivan (Official Receiver intervening) [2008] EWCA Civ 879; [2008] WLR (D) 275 “The court had power under the Insolvency Act 1986 to appoint a replacement trustee in bankruptcy following the removal of a person from such an office under s 298 of that Act, and it was not a requirement that a creditors' meeting should make such an appointment. [read post]
29 May 2013, 8:00 am
Does a Revocable Living Trust Protect Assets From Creditors? [read post]
28 Jun 2010, 2:13 am
It forms part of the proceeds in your estate, and is then distributed to your creditors at the end of your bankruptcy. [read post]
9 Nov 2007, 12:24 pm
An article entitled “Prisoners of Debt,” by Robert Berner and Brian Grow, published in BusinessWeek, November 12, 2007, reports that the credit reporting bureaus and large creditors systematically violate the most important of all federal bankruptcy court orders; that is, you can't try to collect a debt that has been discharged in bankruptcy. [read post]
17 Jan 2010, 4:38 pm
A creditor who prevails on a common count but not a contract cause of action may not recover prejudgment interest at the contract rate. [read post]
22 Jan 2013, 6:55 am
For these loans, the rule requires creditors to: (i) use a licensed or certified appraiser who prepares a written appraisal report based on a physical visit of the interior of the property and (ii) disclose to applicants information about the purpose of the appraisal and provide consumers with a free copy of any appraisal report. [read post]
10 Mar 2010, 5:20 am
What if the child suffers a severe financial setback that puts the inheritance at risk to creditors? [read post]
9 Feb 2011, 12:59 pm
They are embarrassed, stressed and emotionally battered from seemingly endless harassment by creditors or the threat of foreclosure, garnishment or repossession. [read post]
27 Jan 2011, 4:04 am
The Los Angeles Superior Court has a very user-friendly website which can be especially helpful in California probate matters for everyone concerned including heirs, beneficiaries, trustees, executors, administrators, creditors, lenders, lawyers and the curious. [read post]
10 Oct 2010, 12:32 pm
Bank of America’s decision to temporarily halt foreclosure proceedings comes only after the creditor’s scandalous collections practices were repeatedly exposed. [read post]
16 Jan 2020, 10:01 am
Our podcast looks at industry and consumer comments and perspectives on key issues, including the proposal’s potential implications for creditors collecting their own debts through UDAAP/UDAP and state collection laws, its approach to electronic communications and “meaningful attorney involvement,” and whether a final rule should address information transfers and file reviews or collecting time-barred debt. [read post]
2 Apr 2009, 8:15 am
Will creditors be able to do anything with her home? [read post]
17 Mar 2008, 11:03 am
The section on Creditors' and Debtors' Rights and the section on Real Estate Transactions are planning a three-hour extended program on Real Estate Transactions in Troubled Times. [read post]
6 Jun 2007, 2:34 pm
Sacks is an experienced business trial lawyer with expertise in products liability, insurance coverage disputes, officer and director liability, creditors' rights issues, and breach of contract disputes. [read post]
5 Jun 2017, 3:10 pm
” The proposed bill, H.R. 2697, would amend Title 10 of the United States Code, requiring creditors to provide active servicemembers (and their dependents) applying for loans with additional disclosures regarding the potential availability of lower-cost credit, as well as information about financial counseling services. [read post]
15 Jul 2019, 8:56 pm
However, a months-long data breach at American Medical Collection Agency (AMCA) in 2018-2019 did just that, forcing its parent company, Retrieval-Master Creditors Bureau Inc., into Chapter 11 bankruptcy. [read post]
13 Jul 2008, 1:35 pm
His escape has prompted a paroxysm of denunciation in Iranâ € ™s controlled news media, which have accused him of defrauding creditors and suggested that he has long been in league with the United States and Israel, claims that human rights groups dismiss as crude propaganda. [read post]
18 Jul 2009, 8:08 am
The "Years Allowance" for spouses is intended to provide support for a surviving spouse during the year after the death of the deceased spouse, and has priority over creditors claims and other beneficiaries. [read post]
24 Oct 2010, 2:49 pm
The reality is that outside of notifiying all of your creditors so that you can discharge your debt, most others will never find out about your bankruptcy filing. [read post]
