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1 Mar 2012, 9:43 am
Since creditors cannot challenge a Chapter 12 debtor’s restructuring plan, proving that a debtor is not eligible for Chapter 12 protection in the first place is sometimes the best way for a creditor to protect its interests. [read post]
5 Apr 2007, 9:48 am
Indeed, one of the main purposes of insolvency relief is to reinvigorate these debtors' incentive to produce more future income for the benefit of debtors, creditors, and ultimately society. [read post]
6 Sep 2016, 9:38 am
Scott has represented Chapter 7 and 11 debtors, creditors, creditor committees, trustees, court-appointed receivers and other interested parties in bankruptcy cases and bankruptcy litigation. [read post]
14 Jun 2021, 12:39 pm
Regulation B indicates that the determination can be based on a broad analysis using the creditor’s own research or data from outside sources, including governmental reports and studies. [read post]
11 Dec 2015, 12:57 pm
Second issue: A debtor must pay to their unsecured creditors (ie. credit card debt), pro rata, no less than the amount of their unexempt assets. [read post]
27 Aug 2007, 2:58 pm
Given these facts, the Court found there were badges of fraud and set aside the transfer as it violated New York Debtor and Creditor Law. [read post]
19 Jun 2019, 2:00 am
Otherwise, you have the option to surrender it back to the creditor. [read post]
30 Mar 2011, 9:44 am
The Trustee is not exactly your friend (the Trustee is a fiduciary for your creditors), but won't be your enemy unless you make them into your enemy. [read post]
21 May 2020, 4:35 am
For debtors with high amounts of unpaid loans, paying off creditors using their savings is not the only option. [read post]
20 May 2019, 9:01 am
However, creditors can ask the bankruptcy court to lift the automatic stay. [read post]
30 Mar 2016, 10:00 pm
The creditors meeting is set for April 11 in San Antonio. [read post]
14 Apr 2016, 4:29 am
The SPC is looking expand the rights that (minority) shareholders, creditors, and employees have vis a vis the company and its majority shareholder or actual controller. [read post]
14 Apr 2022, 9:36 pm
If you owe a debt and the creditor wants to take you to court, it must file court documents and ensureyou receive copies of those papers to start the legal process. [read post]
30 Jan 2019, 9:00 am
Why do creditors sue for unpaid debts? [read post]
4 Aug 2013, 11:47 pm
But once a church is indeed held liable, it seems to me that those creditors’ — and other tort creditors’ — claims to church property shouldn’t be trumped by the church’s felt religious obligations. [read post]
17 May 2010, 6:51 am
The creditor is threatening to sue me. [read post]
11 Jan 2011, 5:13 pm
This case is noteworthy because it confirms once again that homestead property held in trust does NOT lose its creditor protection. [read post]
22 Mar 2010, 3:12 am
Question: I am considering filing for bankruptcy, I have about 35 k in RRSP (mutual funds) i have not made any contributions with the last 12 months to it, will or can creditors dip into my rrsp to resolve debts? [read post]
22 Mar 2010, 3:39 pm
Lifelock claimed that (1) it could prevent unauthorized changes to its customers’ addresses, (2) it monitored activity on its customers’ credit reports constantly, and (3) it could guarantee that a customer would receive a telephone call from a potential creditor before a new account was opened. [read post]
2 Aug 2010, 8:05 am
Properly drafted trusts can provide protection against losing or depleting the funds due to mismanagement, creditors, and divorce. [read post]
