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4 May 2017, 7:24 am
Traditional bankruptcy filing requires hours of paperwork and the process of finding an attorney, filling out forms, being trapped in stuffy waiting rooms, and playing phone tag with creditors, can take over your life. [read post]
19 Aug 2023, 10:20 am
For example, people can discharge debts through bankruptcy, creditors have a limited amount of time to sue for unpaid debts, and even the IRS allows a fresh start for unpaid taxes. [read post]
8 Oct 2014, 7:00 am
That does not mean, however, that the policy limits can be treated as a slush fund to satisfy creditors’ claims against the estate. [read post]
31 Jan 2014, 1:09 pm
I represent both creditors and debtors and almost every one of my cases involves somebody trying to get money from someone else. [read post]
11 Aug 2016, 4:05 am
The Bankruptcy Code, Sec. 727(a)(2)(A) provides that a bankruptcy court should deny a discharge if the debtor has within one year of filing for bankruptcy transferred property with the intent to hinder, defraud or delay a creditor. [read post]
24 Jun 2013, 8:49 am
On appeal, the defendants claim that the court improperly found that Benet McMillan fraudulently conveyed property to his wife, Doloures McMillan, to avoid a creditor, and that the judgment should be opened to allow reargument with respect to that finding and the consequent order that the transfer be set aside and title to the property restored to Benet McMillan. [read post]
7 Jun 2018, 8:57 am
The judgment can be renewed for another ten years, giving a judgment creditor additional time to try to collect the money owed. [read post]
22 Jan 2014, 10:00 am
However, it will sometimes be desirable to adjust this treatment so that different general unsecured creditors are paid differently. [read post]
1 Aug 2022, 3:31 pm
Piercing The Veil With A Chainsaw: The most important creditor for Alex Jones is Alex Jones. [read post]
4 Mar 2014, 2:21 pm
The bankruptcy court had determined that the debtor created a fake loan to preserve equity in his residence beyond what he was entitled to exempt and perpetrated a fraud on his creditors and the court. [read post]
26 May 2017, 9:30 am
Chapter 7 uses a “liquidation” approach to financial problems - a chapter 7 debtor does not repay her creditors in whole, or in part, and a chapter 7 trustee is appointed to liquidate any non-exempt property owned by the debtor. [read post]
10 Nov 2012, 9:20 am
This can lead some people to believe that assets that have been placed into the trust are not subject to attachment by creditors or claimants. [read post]
8 Jul 2020, 9:00 am
A Chapter 13 bankruptcy plan requires a debtor to satisfy unsecured debts by paying all “projected disposable income” to unsecured creditors over a five-year period. [read post]
21 Apr 2014, 6:57 am
CanadaHuman rights tribunal probing student's complaint of homophobic discrimination at Catholic high school, The Globe and MailAging population prompts call for estate law changes in Alberta, Calgary HeraldLegalities of Amanda Todd extradition case have law experts divided, Vancouver SunUnited StatesJudge rejects request to transfer patent litigation from Google's home turf in California, ReutersTelecommunications regulator aims to restrict AT&T, Verizon in auction,… [read post]
7 Nov 2016, 6:16 am
It was designed to protect the wealthy creditors against debtors. [read post]
16 Aug 2022, 5:30 pm
All too often, even when you follow through with those responsibilities, you may be accused of misconduct by any number of people, including shareholders, customers, vendors, suppliers, employees, and creditors. [read post]
22 Aug 2018, 1:12 pm
Once a person inherits, the money is his or hers and is subject to his or her creditors, divorce and other personal liabilities. [read post]
16 Mar 2021, 5:30 am
" The short answer is that through something called the Automatic Stay, most creditors are prevented from continuing the collection activity during bankruptcy, and many debts may even be dismissed. [read post]
28 Feb 2019, 8:26 am
You’re already being harassed by creditors and debt collectors, you may be facing foreclosure, and other legal actions. [read post]
19 Apr 2015, 2:28 pm
The problem is that the typical criminal sanction is too big, since indictment triggers a run on the firm by its employees, trading partners, and (eventually) creditors. [read post]
