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10 Dec 2018, 4:11 am
However, these rules specifically apply to third-party debt collectors -those who collect a debt on behalf of another creditor. [read post]
10 Apr 2009, 12:27 pm
Stanton of the District Court of the Southern District of New York granted a motion for partial relief from injunction to allow certain alleged creditors to file an involuntary bankruptcy against Bernard L. [read post]
17 Aug 2009, 4:20 pm
The IRS may demand that you also settle your tax debt, increasing the money owed to creditors. [read post]
24 Oct 2016, 11:58 pm
There are two types of bankruptcy options: Chapter 7 bankruptcy – with this bankruptcy the trustee can sell estate property to repay your creditors Chapter 13 bankruptcy – here you must pay your creditors at least what they would have received had you filed for Chapter 7 bankruptcy. [read post]
1 Apr 2014, 8:14 am
For example, if a creditor obtains a judgment against the debtor, the creditor can record a judgment lien against an asset — such as the debtor’s home. [read post]
3 Apr 2011, 4:00 am
A couple years ago, my law firm represented a Chinese creditor in a United States bankruptcy. [read post]
1 Jun 2009, 9:11 am
Old GM will then take that $82bn (in a combo of cash, notes, and stock in New GM) and divvy it up amongst its creditors. [read post]
14 May 2009, 5:03 am
The only thing worse is paying those darn creditors! [read post]
30 Aug 2008, 10:15 pm
He said that a debt buyer does not have to produce a witness from the originating creditor in order to prove his case at trial. [read post]
10 Jan 2021, 5:08 am
Such bankruptcy protection will prohibit any collection activities by the creditors. [read post]
26 Jan 2012, 6:20 am
Using the street address of the adjoining house would not have raised an inquiry by a prudent creditor, the court wrote. [read post]
21 Mar 2007, 3:40 am
In a post last month, I warned that a "major decision as to the rights of unsecured creditors to obtain awards of attorney fees for litigating bankruptcy claims is sneaking up on us. [read post]
4 Jan 2011, 1:32 am
Each action seeks to recover pre-bankruptcy transfers made to a specific creditor. [read post]
12 May 2007, 9:10 pm
A trustee's examination during a meeting of creditors uncovers the asset and the debtor is instructed to amend the appropriate schedule. [read post]
10 May 2022, 11:45 am
” The ECOA defines an “applicant” to mean “any person who applies to a creditor directly for an extension, renewal, or continuation of credit, or applies to a creditor indirectly by use of an existing credit plan for an amount exceeding a previously established credit limit. [read post]
18 Mar 2011, 5:17 am
One tool that we use to collect debts is called a creditor’s examination. [read post]
20 Jan 2021, 5:30 am
Your bankruptcy petition trustee will also be the one to secure the funds to be given to your creditors. [read post]
6 Aug 2019, 9:29 pm
WHICH DEBTS ARE FORGIVEN UNLESS THE CREDITOR OBJECTS AND PROVES CERTAIN BAD ACTIONS? [read post]
28 May 2021, 11:04 am
Creditors write their Requests for Admission carefully so that if the consumer doesn't respond to them, they will end up admitting each element of the creditor's claims. [read post]
13 Feb 2006, 12:23 pm
The placement of this burden on the creditor is further suggested by the court's caution in its earlier decision, In re Charles, 332 B.R. 538 (Bankr. [read post]
