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2 Aug 2017, 10:00 am by The Sader Law Firm
By failing to show up to court, a creditor can obtain a default judgment to garnish your wages or Social Security payments. [read post]
2 Aug 2017, 8:03 am by John L. Culhane, Jr.
  It is important for creditors and debt collectors to be mindful that such practices may also create a risk of state law violations. [read post]
2 Aug 2017, 5:00 am by Victor Medina
If there’s not enough assets inside the estate to satisfy the creditors, then that debt ends. [read post]
2 Aug 2017, 3:00 am by Biglaw Investor
But now you also owe $20,000+ to various creditors. [read post]
31 Jul 2017, 5:38 pm by Kevin LaCroix
This concern could be particularly apparent in the bankruptcy context, where creditors and others may seek to impose liability on the company’s executives, at the very time when the company itself is unable to indemnify them and to help with their legal expenses. [read post]
31 Jul 2017, 5:23 pm by Scott M. Pearson
  This could (and should) be accomplished through adoption of a rule: (1) providing that loans funded by a bank in its own name as creditor are fully subject to Section 85 and other provisions of the National Bank Act for their entire term; and (2) emphasizing that banks that make loans are expected to manage and supervise the lending process in accordance with OCC guidance and will be subject to regulatory consequences if and to the extent that loan programs are unsafe or unsound or… [read post]
31 Jul 2017, 2:38 pm by badmin
For those not able to pass the Chapter 7 means test, Chapter 13 is the next best option and is effective in repaying creditors and discharging unsecured debt. [read post]
31 Jul 2017, 2:00 pm by Legal Skills Prof
From USA Today: New York Attorney General Eric Schneiderman said he has issued subpoenas Wednesday to begin investigating the National Collegiate Student Loan Trusts, a student-debt creditor group whose collection practices have been criticized for allegedly shoddy paperwork. [read post]
31 Jul 2017, 10:00 am by The Sader Law Firm
Creditors may seek a judgment to garnish your wages. [read post]
30 Jul 2017, 8:04 am by Richard Symmes
  Their job is primarily to liquidate assets and pay creditors from their proceeds. [read post]
30 Jul 2017, 8:04 am by Richard Symmes
  Their job is primarily to liquidate assets and pay creditors from their proceeds. [read post]
30 Jul 2017, 1:59 am by Patrick Bracher
An acknowledgement of debt made by a debtor to a creditor in the course of without prejudice negotiations will interrupt the running of extinctive prescription unless this consequence is excluded from the discussions. [read post]
29 Jul 2017, 5:32 pm by Wolfgang Demino
CAVEAT FOR READERS IN TEXAS: This action by targets of National Collegiate Student Loan collection suits was filed in a different state and in a different circuit, and involves state law claim in addition to federal FDCPA claims, and unfair collection claims under the FDCPA heavily implicated state law which varies among states. [read post]
28 Jul 2017, 7:18 am by Renae Lloyd
Currently COFINA creditors are locked in litigation with Go Bond holders for the right to the sales tax revenue. [read post]
27 Jul 2017, 4:45 pm
However, a ruling against the creditors can have financial consequences if the court believes the creditors did not file in good faith. [read post]
27 Jul 2017, 4:45 pm
However, a ruling against the creditors can have financial consequences if the court believes the creditors did not file in good faith. [read post]
27 Jul 2017, 11:56 am by Chris Wesner
Within this petition and associated forms, you will be asked to provide a list of all creditors and the amount and nature of their claims; the source, amount and frequency of the your income; a list of all of your property; and a detailed list of your monthly expenses. [read post]
27 Jul 2017, 10:43 am by jameswilson29@gmail.com
., 1983), which recognized that the first step in determining whether the assumption of joint obligations payable to third party creditors in a separation agreement with a hold harmless provision was nondischargeable support was a determination of whether the court or the parties intended to create an obligation to provide support by assuming the debts. [read post]