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13 Dec 2011, 4:46 am
It’s not fun to get your pay voucher, open it up, and find that a big chunk of it has already been taken by a creditor. [read post]
14 Nov 2011, 7:51 am
We have previously posted on the impact of the 2009 Goldacre case (Goldacre (Offices) Limited v Nortel Networks UK which ruled that landlords of tenants in administration are able to claim rent as an expense of the administration when the administrators use leasehold property for the benefit of the tenant’s creditors. [read post]
22 Nov 2012, 2:14 pm
Chapter 7 allows you to not pay any money back to creditors whereas chapter 13 requires that you do a payment plan that last either 3 or 5 years depending on whether you are above or below the median income. [read post]
14 Aug 2007, 11:43 am
After allowing the plaintiff to possess the vehicle for several days pending approval of her financing, the defendant demanded return of the vehicle when a creditor rejected the plaintiff’s credit application. [read post]
22 Dec 2010, 10:49 am
Tax refunds provide immediate cash available for distribution to creditors as opposed to other assets, such as cars, which have to be stored, noticed for sale, and liquidated at auction with commissions due. [read post]
6 Feb 2009, 7:42 pm
” I’ve always thought that you can learn so much about how businesses operate in the real world from the battles between creditors and debtors in bankruptcy court. [read post]
6 Dec 2011, 9:26 am
A year into a confirmed Chapter 13 plan, I learned about my client’s hitherto unscheduled car loan when the creditor called up about missed payments. [read post]
22 Nov 2012, 2:14 pm
Chapter 7 allows you to not pay any money back to creditors whereas chapter 13 requires that you do a payment plan that last either 3 or 5 years depending on whether you are above or below the median income. [read post]
19 Dec 2014, 12:00 am
“Marshaling” is further described as the process of discovering, identifying, and taking possession and control of the decedent’s assets so that they can be used to pay the taxes, creditors claims, and expenses of administration and ultimately distributed to the estate beneficiaries. [read post]
4 Aug 2014, 3:19 pm
Many readers may have learned from or taught from Warren & Westbrook's casebook, The Law of Debtors and Creditors. [read post]
2 Nov 2007, 11:12 pm
Lawyers dislike partnerships because they do not protect the partners' assets from business creditors. [read post]
6 Jan 2010, 9:16 am
The Michigan Collection Law Blog has posted an article, originally from ConsumerReports.org, about how insurance companies, creditors, employers, landlords, insurers and law enforcement agencies (and identity theft criminals) collect more information about consumers than one might expect. [read post]
19 Jul 2011, 10:33 am
Recently, I have had an influx of potential clients who believe that because their financial situation has taken a turn for the worse, their creditors are required to change the terms of the contract regarding the debt that person owes. [read post]
8 Dec 2017, 6:11 am
The alternative of putting the failed banks through resolution and imposing losses on depositors and other bank creditors has been seen as too destabilizing in the middle of a crisis. [read post]
21 Sep 2010, 4:21 am
Former Jacksonville Jaguars quarterback Mark Brunell said during a Section 341 creditors’ meeting for his Chapter 11 bankruptcy reorganization that he would make $1.5 million a year from the New York Jets if he makes the team. [read post]
8 Jul 2011, 5:55 am
Okay, your Chapter 13 case has been filed and you have attended your Section 341 Meeting of Creditors. [read post]
16 Sep 2017, 5:02 pm
In this miscellaneous proceeding, the respondent, administrator de bonis non, moves to dismiss the petition by two alleged creditors for revocation of his letters pursuant to CPLR 3211 (a) (2) and (3). [read post]
23 Jun 2012, 12:07 pm
Forced place insurance is an insurance policy taken out by a lender or creditor when a borrower does not carry insurance on an asset. [read post]
27 Aug 2015, 11:33 am
One of my clients wanted to protect cash from a judgment creditor by buying a triplex outside of a city and living in one of the units. [read post]
7 Feb 2009, 9:48 am
Otherwise the creditors of your deceased loved ones can coerce you into paying debts that you or the estate may not be liable for.There has been an online report of Bank of America deliberately, doing just that. [read post]
