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7 Jun 2009, 1:50 pm
If you were bankrupt before, or if you have not completed all of your duties, or if any of your creditors have objected to your discharge, you are required to attend a discharge hearing in bankruptcy court.At the hearing the Bankruptcy Registrar will review your case, and determine what further duties you will be required to perform to get your discharge (such as making additional payments).For more information, you should consult your trustee and ask them to explain in detail what will… [read post]
2 May 2009, 8:07 pm
MEGAN MCARDLE: “When did it become the government’s job to intervene in the bankruptcy process to move junior creditors who belong to favored political constituencies to the front of the line? [read post]
31 May 2008, 9:23 am
" There are several exceptions to the protection against creditors' liens on your Florida homestead. [read post]
20 Apr 2009, 7:58 am
The divorce court may approve the division of debt, but if the creditors are never contacted and approve of the division, than the parties may still be held responsible for the debt should the other party enter bankruptcy. [read post]
1 Feb 2007, 8:19 am
The Trustee seeks an order denying the New Jersey wife a discharge in her bankruptcy case, alleging that: (1) with the intent to hinder, delay or defraud her creditors, she transferred her interest in her home to her husband within one year of her petition; and (2) she fraudulently made a false oath in connection with the transfer of the property by stating she had never owned an interest in any real property and had never transferred any such interest. [read post]
10 Sep 2021, 7:35 am
Similar Determination Made in Wind Up Proceedings for Old Mutual (Bermuda) Bermuda’s Chief Justice Narinder Hargun and Joint Provisional Liquidators (JPLs) are in agreement that representatives will be appointed for every creditor class in the liquidation proceedings for both Northstar Financial Services (Bermuda), Ltd. and Omnia, Ltd., which was formerly Old Mutual (Bermuda). [read post]
8 Jul 2010, 7:00 pm
retirement accounts – factor in tax treatment or impact of the transfer and, if allowed, subsequent withdrawals as well as protection from creditors insurance – protection of dependent spouse and children against the death or (more likely to occur) disability of the support-paying spouse and availability and cost of health insurance for the dependent spouse deductibility of legal fees – although divorce legal fees in general are not deductible, the portion of legal… [read post]
15 Oct 2007, 8:32 am
Arguably even less fun is the plight of the creditor, forced to chase bad debts in what can be a messy, protracted and often bitter affair for all involved. [read post]
10 Nov 2017, 12:17 pm
Will establishing a trust protect your assets from creditors? [read post]
22 Dec 2011, 10:44 am
In Florida, a creditor may open a probate to reach assets of a decedent which were kept in a trust. [read post]
4 Feb 2009, 9:33 pm
I wonder if they are struggling to avoid a Chapter 7 filing with creditors unwilling to line up behind a company burdened by $21 billion of debt. [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]
23 Sep 2007, 11:09 pm
Both decisions involve avoidance of an apparently unperfected home mortgage, a creditor asleep at the switch, and the binding effect of plan confirmation. [read post]
4 Mar 2013, 6:49 am
For an individual under 50, that’s $10,500 that can be sheltered from creditors, thanks to §522(n). [read post]
14 Jan 2010, 11:45 am
If these cases are dismissed, the firm faces a creditors legal malpractice action. [read post]
30 Mar 2011, 3:18 pm
According to this article, the famous actor testified in a case against gallery director Leigh Morse, who is accused of involvement in swiping two of De Niro's father's paintings to pay off creditors. [read post]
19 Aug 2022, 7:31 am
Abigail counsels creditors, third-party debt collectors and debt buyers with respect to the vast array of federal and state laws that cover consumer debt collection. [read post]
23 Nov 2008, 4:25 pm
A common homestead question is whether or not a homeowner can rent out part of a homestead property and retain homestead protection from creditors. [read post]
13 Apr 2012, 4:17 am
The Transfer of Undertakings (Protection of Employees) legislation is so restrictive that business value (and hence employees' interests as creditors), businesses' ability to continue (ie jobs) and opportunities to undertake international restructurings in the UK using administration are all suffering. [read post]
2 Sep 2020, 6:45 am
The new “Seasoned QM” category would include certain fixed rate, first lien loans that the creditor has held in portfolio for a seasoning period of 36 months and that meet certain performance requirements at the end of such period. [read post]
