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27 Aug 2011, 5:00 pm
"Using Divorce To Dissipate Assets & Delay Creditors" described allegations from 2008, that ex-Tyco chief executive Dennis Kozlowski might have fraudulently conveyed assets via an excessive divorce settlement. [read post]
21 Mar 2011, 4:12 am
It means if you bought your home more than 3 1/2 years, and you have less than 1/2 acre within the city limits or no more than 160 contigious acres outside the city limits, and you have equity in the home, it cannot be levied upon or liquidated to satisfy your creditors. [read post]
2 May 2008, 10:31 am
The English Court has ordered that meetings be convened on 4 July 2008 for creditors to vote on the solvent schemes of arrangement being proposed by 82 members of the E W Payne Pools. [read post]
14 Sep 2009, 11:41 am
Chapter 7 works by converting one's assets into money, which is then distributed to the various creditors to whom the debt is owed. [read post]
29 Dec 2011, 7:10 am
To all law profs out there who plan to attend next week's Association of American Law Schools annual meeting, be sure not to miss the Creditors' and Debtors' Rights section program Saturday morning at 8:30. [read post]
26 May 2020, 10:02 am
By Pillsbury's Construction & Real Estate Law Team A recent court order issued as part of an ongoing litigation involving a Manhattan hotel held that a mezzanine lender may proceed with a UCC foreclosure sale of the mezzanine loan collateral despite N.Y.E.O. 202.8, which prevents creditors from initiating judicial foreclosures. [read post]
2 Mar 2010, 12:27 am
The US Ninth Circuit Court of Appeals has upheld a district court ruling in which a creditor of John Zuccarini successfully levied execution against a domain name held in Mr Zuccarini’s name. [read post]
10 Jul 2024, 7:45 am
Here’s the Wednesday morning read: States and Creditors for Purdue Pharma Threaten Sacklers With Gush of Lawsuits (Jan Hoffman, The New York Times) With Chevron reversal, Supreme Court paves way for a ‘legal earthquake’ (Josephine Rozzelle, CNBC) Supreme Court’s Roberts turns court to the right as Barrett emerges as a key player (Nina Totenberg, NPR) Supreme Court’s Trump immunity ruling shows risk of Jack Smith’s approach (Devlin Barrett, The Washington… [read post]
24 Sep 2024, 7:41 am
Creditor’s solicitation to reaffirm a discharged debt which does not comply with 524(c) is a violation of the discharge injunction. [read post]
7 Aug 2024, 10:53 am
Creditors will generally be hesitant to provide a loan to anyone with such a significant tax debt. [read post]
15 Dec 2011, 2:40 pm
If there is no estate or if the estate is insufficient to pay all debts, then usually no one is liable; and the creditor is out of luck. [read post]
28 Mar 2012, 7:48 pm
In other words, don't take out money from your 401k to pay your creditors. [read post]
27 Dec 2016, 10:00 am
In most Chapter 7 cases, a debtor will receive a discharge unless a creditor objects within 60 days from the date the meeting of creditors was scheduled. [read post]
10 Apr 2024, 7:13 am
Creditors want a share of the sale proceeds. [read post]
6 May 2020, 8:51 am
More on the Paddle8 bankruptcy from Nicholas O'Donnell, including how the New York consignment statute may or may not come into play. [read post]
12 May 2020, 3:11 pm
Eileen Kinsella has the story here. [read post]
16 Aug 2010, 12:18 am
The members of the Creditors' Committee are: Stockmen's Supply, Inc. [read post]
14 Nov 2023, 9:17 pm
The last creditor to be paid is, typically, the foreign company. [read post]
21 Jun 2008, 2:22 pm
Am I able to offer my creditors a certain amount on the dollar to clean this up. [read post]
30 Dec 2015, 2:43 pm
Creditors then have to file a claim. [read post]
