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16 Nov 2009, 5:40 pm
Neil Barofsky is now faulting the AIG bailout overseers for not ensuring that creditors took a haircut too. [read post]
11 Jun 2009, 1:56 pm
For the same reason, these assets remain reachable by creditors. [read post]
18 Feb 2011, 4:00 am
If you’ve been to bankruptcy court recently, or are thinking of filing, you might be shocked out of your shoes when you receive a 1099-C from one of your creditors. [read post]
11 Jul 2009, 11:42 am
Physicians have historically been concerned that if a malpractice judgment is obtained against them for more than their malpractice insurance coverage, their personal assets are subject to seizure by their creditors. [read post]
27 Aug 2009, 11:37 am
The companies' disclosure statement reports that they initially reviewed multiple restructuring and sale structures but ultimately reached agreement with their Creditors' Committee and lenders on the terms of a consensual liquidation.Under the proposed plan of liquidation, secured and priority claims are unimpaired. [read post]
30 Aug 2012, 2:00 am
Our client told First Financial Asset Management that he had made a payment to the original creditor, and that he would continue to send payments until the debt was paid. [read post]
28 Aug 2009, 1:49 pm
The Red Flags Rule requires "creditors" and "financial institutions" with covered accounts to implement programs to identify, detect, and respond to warning signs of identity theft. [read post]
6 Jun 2012, 2:00 am
This bill, put forth by the Attorney General, sought to address what she termed “creditors’ abuse of the courts,” whereby debt collectors obtained judgments against consumers, and then when those consumer failed to appear in court, they faced jail time. [read post]
8 Oct 2007, 9:00 pm
Notice of default not always required According to article 6:119 Netherlands Antilles Civil Code, whenever a debtor is in default, he must pay compensation to the creditor, this compensation consists of the statutory interest. [read post]
15 Aug 2010, 4:46 pm
There are those issues with judgments liens, and the fact that it'll make defending a little more troublesome if the judgment creditor files a Complaint to Determine Dischargeability of Debt in your case. [read post]
9 Aug 2016, 6:24 am
On July 26, 2016, the United States Court of Appeals for the Seventh Circuit broadly affirmed a Wisconsin statute that makes annuities exempt from a creditor’s judgment. [read post]
9 Jul 2009, 10:16 am
The August 1st Red Flags start date is quickly approaching and many creditors (yes, that means you, doctors) are preparing themselves for the new regulations. [read post]
21 Sep 2020, 3:29 pm
On September 18th Governor Gavin Newsom signed into law an expansion on the homestead bill that increases the amount of equity that can be protected from creditors when filing bankruptcy. [read post]
25 Jun 2010, 6:25 am
However, personal liability can attach in certain instances, such as where an owner tries to defraud company creditors or do some other illegal act - in these cases, a court may apply alter ego liability. [read post]
16 Jun 2020, 10:32 am
Some creditors and loan servicers are jumping the gun in pursuing foreclosures, HOA liens, COA liens. [read post]
30 Mar 2012, 3:01 pm
On March 16, Indiana Governor Mitch Daniels signed House Bill 1238, which includes provisions allowing a mortgage creditor to file a petition to have a state court determine whether a property is abandoned. [read post]
13 May 2007, 7:36 pm
Yes, it's another depressing but highly humanized account of elderly debtors having their bank accounts drained by savvy creditors with garnishment writs. [read post]
14 Feb 2012, 8:08 am
The Employee Retirement Income Security Act of 1974 (ERISA) requires that companies keep pension assets separate from the corporate assets to protect them from creditors. [read post]
2 Mar 2024, 9:00 am
They offer unique asset protection most states do not, and prevent most creditors from levying against a debtor’s home so long as that home qualifies as a homestead. [read post]
4 Oct 2009, 5:18 pm
Changing creditors, assignment of loans wherein mortgage servicers do not handle the agreements and understandings of the companies from which they are acquiring loans, the inability of lawyers and others to help, and the lost of homes by ordinary people where the collection activities have just gone too far. [read post]
