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22 Sep 2017, 8:02 am
This paper examines Grotius’s defence of pious war, paying special attention to the creditor-debtor relationship as foundational structure of religious violence.Download the article from SSRN at the link. [read post]
21 Sep 2017, 4:27 pm
Your creditors can no longer harass you. [read post]
21 Sep 2017, 2:22 pm
This provision has been replaced by the possibility for creditors or contractual counterparties of the company wishing to convert into a foreign legal entity to lodge an objection on the grounds that they will be prejudiced in their position as creditor or contractual counterparty (Section 2:305 of the Civil Code). [read post]
21 Sep 2017, 11:02 am
Holding priority debt can be very beneficial for creditors, since in a chapter 7 case, all priority debt is paid, in full (if there are sufficient funds available) before any general unsecured debt is paid, and in a chapter 13 case, all priority debt must be paid in full in order for a chapter 13 plan to get confirmed and for the chapter 13 debtor to receive a discharge. [read post]
21 Sep 2017, 10:51 am
Just because there has been a tragic accident does not mean creditors will be willing to wave deadlines. [read post]
21 Sep 2017, 7:16 am
More Your house as your retirement fund Retirement funds are safe from creditors Image courtesy of Sally and Flickr under a Creative Commons license. [read post]
21 Sep 2017, 1:11 am
Commonly referred to as repayment bankruptcy, Chapter 13 bankruptcy allows you to keep your assets and repay your creditors off over a three to five year period. [read post]
20 Sep 2017, 5:00 pm
This payment will then be dispersed to creditors based on priority. [read post]
20 Sep 2017, 12:46 pm
Fraud alerts rely on the creditor’s vigilance, whereas freezes automatically deny access to the creditor, which is why freezes are considered stronger. [read post]
20 Sep 2017, 10:00 am
The automatic stay stops creditor collection attempts and lawsuits. [read post]
20 Sep 2017, 7:07 am
., the appeals court, relying in part on the fact that the plaintiff had subsequently amended his bankruptcy schedules, found the district court abused its discretion in applying judicial estoppel when there was a question of material fact about whether the plaintiff intended to conceal his civil claim from his creditors. [read post]
20 Sep 2017, 1:43 am
Yesterday, the New York Times trumpeted a new internet company, Loftium, and its interesting, new-economy business model (which, for the time being, operates only in Seattle): Loftium will provide prospective homebuyers with up to $50,000 for a down payment, as long as they are willing to continuously list an extra bedroom on Airbnb for one to three years and share most of the income with Loftium over that time. [read post]
19 Sep 2017, 10:26 pm
("TSI") is available at: http://files.consumerfinance.gov/f/documents/201709_cfpb_transworld-systems_consent-order.pdfHopefully, the findings in the consent judgment between the Bureau and the Trusts can be imputed on TSI (if not the CFPB's findings as set forth in the consent order with TSI) because TSI did its dirty work in litigation support as an agent for the Trust, and unlike the Trust, it is not a debt owner (creditor), but a debt collector. [read post]
19 Sep 2017, 6:24 pm
What the ECOA Prohibits Creditors from Doing The OCOA represents a sweeping piece of federal legislation that prevents creditors from denying you the legal right to apply for credit. [read post]
19 Sep 2017, 6:24 pm
What the ECOA Prohibits Creditors from Doing The OCOA represents a sweeping piece of federal legislation that prevents creditors from denying you the legal right to apply for credit. [read post]
19 Sep 2017, 9:20 am
The obligation will remain, even after if your other debts are discharged or written off by your creditors. [read post]
19 Sep 2017, 5:37 am
What Relief Can a Judgment Creditor Obtain? [read post]
19 Sep 2017, 1:35 am
The latter point included discussions on the no-creditor-worse-off principle (NCWO), resolution planning, resolvability, general principles for resolution and resolution powers. [read post]
18 Sep 2017, 5:09 pm
After the meeting of creditors, creditors generally have 90 days from the original date of the 341 hearing to file their proof of claim (government entities get 180 days), and the form should include: The bankruptcy case number The debtor’s name Name of Creditor holding the claim The address the creditor wants to receive notice and payment The amount and type of claim Supporting information to prove the claim valid Typically the creditors themselves… [read post]
18 Sep 2017, 2:36 pm
Since 2007, creditors have been prohibited by the MLA from including arbitration agreements in contracts for consumer credit extended to active-duty service members and their dependents where the credit is a closed-end payday loan with a term of 91 days or less in which the amount financed does not exceed $2,000, a closed-end vehicle title loan with a term of 181 days or less, or a closed-end tax refund anticipation loan. [read post]
