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21 Jan 2018, 4:55 pm
Plaintiff further indicated that details regarding his position, including his salary and the employer's name and address, would be provided.Plaintiff thereafter provided GEICO with a copy of an employment application dated December 15, 2012, which purportedly reflected that plaintiff had been offered a $2,000 a week job at a failing auto parts business owned by plaintiff's friend of 15 years who, the record showed, (1) had previously pleaded guilty to insurance fraud and offering a false… [read post]
21 Jan 2018, 7:26 am
More than a decade later, enforcement against Argentina hinged on a single clause, blocked payments to cooperating creditors, and netted some holdouts more than ten times their original investment by 2016. [read post]
20 Jan 2018, 1:43 pm
With constant harassment from creditors and worries about liens and other aggressive collections actions, instead of enjoying your retirement you may end up even more stressed about money than ever before. [read post]
20 Jan 2018, 12:00 am
In this episode, Victor launches a new segment called “Three Concepts, Simply Explained”. [read post]
18 Jan 2018, 12:32 pm
This protects liability and makes it less likely for a judgement creditor to “pierce the veil. [read post]
18 Jan 2018, 9:17 am
It is best to plan ahead to prepare for these hypothetical judgement creditors, to avoid giving future judgment creditors a windfall. [read post]
18 Jan 2018, 8:36 am
The bankruptcy trustee doesn’t want the house if there’s no value in it that can be paid to unsecured creditors. [read post]
17 Jan 2018, 8:00 am
The King Law Reporter will be available on Fastcase.com for free through February 2018. [read post]
17 Jan 2018, 7:56 am
If the creditor discovers the scam, they could take legal action to have the deed of trust determined to be void. [read post]
16 Jan 2018, 2:42 pm
” My advice: don’t rely on your servicer (Great Lakes, Navient, FedLoan, Nelnet, AES etc.) with $11/hour employees who are likely paid incentives to reduce call duration and work for the creditor for correct information. [read post]
16 Jan 2018, 11:20 am
., fairness) will sometimes create a lien on property when necessary to accomplish substantial justice and protect creditors (i.e., a community associations). [read post]
16 Jan 2018, 11:20 am
., fairness) will sometimes create a lien on property when necessary to accomplish substantial justice and protect creditors (i.e., a community associations). [read post]
16 Jan 2018, 10:45 am
The Debtor states that its liabilities are approximately $1.3 billion, and that it anticipates that funds will be available for distribution to unsecured creditors. [read post]
16 Jan 2018, 10:45 am
The Debtor states that its liabilities are approximately $1.3 billion, and that it anticipates that funds will be available for distribution to unsecured creditors. [read post]
16 Jan 2018, 8:18 am
According to the reorganization plan, Breitburn’s oil and gas assets will be split into two new companies owned by Creditors with $3 Billion in claims. [read post]
15 Jan 2018, 8:05 pm
In the event of a liquidation, the senior debt must be paid off first before other creditors receive payment. [read post]
15 Jan 2018, 3:11 am
Under the “insolvency plus” standard, the petitioner must show (1) by clear and convincing proof that the company is insolvent at the time the petition was filed, and (2) the necessity of a neutral third party to protect the insolvent company’s creditors or shareholders by showing some benefit that such an appointment would produce or some harm it could avoid. [read post]
13 Jan 2018, 7:01 am
Under the circumstances, eight years (as opposed to 27) was long enough for Sholom Rubashkin to serve behind bars for bank fraud and other financial misconduct, especially since by interfering in his bankruptcy proceedings the U.S. government had itself driven up the cost of his actions to creditors, thus pushing him into a higher sentencing range. [read post]
12 Jan 2018, 10:00 am
Many Los Angeles business owners find themselves forced into litigation in order to enforce their legal rights as creditors. [read post]
11 Jan 2018, 5:25 pm
While companies that wish to remain in business and negotiate with creditors can file for Chapter 11 bankruptcy protection, […] The post Xceligent Files Chapter 7 Bankruptcy appeared first on Richard West Law Office. [read post]
