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8 Dec 2017, 5:15 am
Proposal 17 would add the following language relating to the exemption of homestead property from creditor claims:(d) Notwithstanding subsection (a), a homestead is not exempt from creditor claims if an owner: (1) Obtained the homestead using the proceeds from a fraudulent or dishonest act; or (2) Caused the creditor’s damages or losses by an intentional criminal or fraudulent act. [read post]
7 Dec 2017, 12:23 pm
Specific creditor’s claims may be further barred by following a simple Notice procedure set forth in Wis. [read post]
7 Dec 2017, 12:23 pm
Specific creditor’s claims may be further barred by following a simple Notice procedure set forth in Wis. [read post]
7 Dec 2017, 9:53 am
Deterring Holdout Creditors in a Restructuring of PDVSA Bonds and Promissory Notes (¿Cómo disuadir... [read post]
7 Dec 2017, 4:22 am
Then again, one might have wished to see some more thoughts on the new instrument of the undertaking in Art. 36 EIR, e. g. on the question of applicable law, especially the interplay between the undertaking and the rules governing rights in rem and acts detrimental to creditors. [read post]
6 Dec 2017, 10:56 am
Unfortunately, under Minnesota state law, creditors can garnish your wages because creditors have the right to seize any available non-exempt property, and that includes a portion of your wages. [read post]
6 Dec 2017, 6:07 am
But different types of creditors go about limiting the agency costs of debt in quite different ways. [read post]
5 Dec 2017, 6:16 pm
Third, if you had paid the creditor, the money would have been taxable income to the creditor. [read post]
5 Dec 2017, 4:00 pm
Generally, a party is liable for a fraudulent conveyance if it intends to place property beyond the reach of creditors. [read post]
5 Dec 2017, 3:03 pm
In any case, using such a trust as a component of your estate planning is generally a wise approach when a child (or any beneficiary who is not a child) is in one or more of the following cicumstances:The child is irresponsible with money management, does not have a history of saving and investing, and there is a concern that your hard-earned estate will be wasted;The child has a history of creditor problems, actually has current creditor problems, or you are reasonably… [read post]
5 Dec 2017, 5:38 am
A trustee arranges distribution of any proceeds to creditors in full satisfaction of the debts. [read post]
5 Dec 2017, 5:30 am
Within this petition and associated forms, the individual will be asked to provide a list of all creditors and the amount and nature of their claims; the source, amount and frequency of the debtor’s income; a list of all the debtor’s property; and a detailed list of the debtor’s monthly expenses. [read post]
4 Dec 2017, 4:09 pm
The Claimant is shown bare-chested, holding a V-sign to the camera: “the photograph has particular potency for the purposes of this article because it is an effective and cogent means of portraying the Claimant as not caring two hoots for his creditors. [read post]
4 Dec 2017, 2:35 pm
Basically, it is a doctrine of international law that says that the debts of "odious" regimes that are utilized for the private illicit purposes of the rules (and where the creditors almost surely knew this was the case), do not have to be repaid by successor governments. [read post]
4 Dec 2017, 7:05 am
The court found that the plaintiff sufficiently alleged that the defendants set up a structure whereby they profited at the expense of the stockholders, maximizing the profits at the first entity they created to the detriment of the non-controlling stockholders of another entity they created and took public (RCS Creditor Trust v. [read post]
3 Dec 2017, 3:32 pm
In contrast, early modern English laws decisively favored the interests of the (usually wealthier) creditor, who tended to desire limited redemption rights and harsh penalties for default. [read post]
2 Dec 2017, 2:40 pm
End result: Lawyers get paid a lot, but both the people of Puerto Rico and the creditors (including Aurelius) have a much smaller pie to divide up. [read post]
2 Dec 2017, 1:39 pm
Here is a pleading template for a post-judgment motion to challenge a default judgment entered in favor of any one of the multiple National Collegiate Student Loan Trusts. [read post]
1 Dec 2017, 1:21 pm
Individuals filing for bankruptcy under Chapter 13 must use a new form that presents their payment plan in a more uniform and transparent manner, and creditors will have less time to submit a proof of claim, under new bankruptcy rules and form amendments that took effect Dec. 1. [read post]
1 Dec 2017, 10:58 am
For small estates with few assets and creditors, the process may take as little as six months if the executor in charge of the estate does his or her due diligence in cataloging assets and informing creditors about the deceased’s passing. [read post]
