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9 Jan 2010, 8:15 am
Consequently, if a debtor files Chapter 7 liquidation and forgets to exempt certain property, the trustee may liquidate that property to pay off creditors. [read post]
9 Feb 2016, 12:33 am
They can answer all questions and help with legal action if there are creditors threatening this type of action which is not permitted by the court system within the state. [read post]
17 Apr 2013, 8:07 pm
Until very recently Chapter 13 bankruptcy trustees in both Oregon and Washington would often object to Chapter 13 plans containing proposals to pay off “luxury items,” such as RVs, boats, high end motorcycles and the like in full while paying little or nothing to unsecured creditors. [read post]
21 Apr 2014, 6:16 am
Most of the outstanding debt was restructured, but a few creditors refused to go along. [read post]
13 Jun 2016, 3:00 am
A landlord’s lien used to be superior to other creditors’ claims; however, in New York, it does not arise automatically because a landlord-tenant relationship is created. [read post]
16 Sep 2010, 3:25 pm
Furthermore, the United States abolished debtor's prisons more than a century ago; all collections and debtor-creditor matters are civil in nature, there is no jail time or criminal prosecution for failing to pay a debt (unless there's also fraud or something else going on). [read post]
7 Apr 2021, 4:07 pm
When the bankruptcy court rules on a debt discharge, the creditor no longer has a claim. [read post]
22 Mar 2017, 11:29 am
If both the original creditor and debt buyer are reporting that you owe money, that’s something you could dispute in good faith. [read post]
18 Jul 2011, 9:20 am
Before a master undertook the valuation, the husband made an assignement in bankruptcy without listing the wife as a creditor. [read post]
22 Nov 2012, 1:12 am
When to Consider Bankruptcy Alternatives Although filing for bankruptcy may be the best solution for you to get out of debt, stop creditors from harassing you, and prevent possible wage garnishment and foreclosure, exploring what bankruptcy alternatives are available is a good idea – especially before you let yourself slide further into debt. [read post]
28 Jan 2018, 3:00 pm
That is, a government violates the clause simply by paying some equally-ranked creditors but not others. [read post]
12 Feb 2015, 2:00 am
The amendments create a number of issues for creditors in commercial transactions and individuals and businesses engaging in the transfer of equity interests, bonds or other assets of a business. [read post]
14 Mar 2007, 5:12 pm
All that must be shown is that the creditor knew of the bankruptcy and intended to send out the letters or undertake the collection activity. [read post]
12 Feb 2015, 2:00 am
The amendments create a number of issues for creditors in commercial transactions and individuals and businesses engaging in the transfer of equity interests, bonds or other assets of a business. [read post]
12 Oct 2020, 12:18 pm
COMPLIMENTARY WEBINAR FOR OUR CLIENTS & GUESTS Thursday October 22, 20203:00 - 3:45 PM EST Webinar: Maximizing Recovery When the Chips are Down Presented by James Vann & Jim Beck Reserve Your Seat Now We will discuss the issue of bankruptcy strategies for creditors, what are defunct corporations and how they impact your accounts… [read post]
28 Sep 2009, 12:47 am
Is the engagement ring yours, mine, ours, or theirs (e.g. creditors or charities)? [read post]
10 Jul 2007, 1:31 am
May 18, 2007), the Delaware Supreme Court, in a case of first impression, provided some clarity on the controversial issue of whether and to what extent creditors have the ability to assert fiduciary duty claims against directors. [read post]
22 Jan 2013, 10:33 am
Now today I’ve learned, perhaps a bit late, that a New Jersey court is saying that the payments from a reverse mortgage can be garnished by creditors. [read post]
14 Jan 2015, 7:10 am
I closed that post by suggesting that bankruptcy was not a viable option for Thomas Jefferson’s creditors because of U.S. [read post]
3 May 2007, 4:55 am
What do the creditors say when you pay this off even though you don't owe it? [read post]
