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23 Dec 2022, 9:03 pm
AKV, an association to protect creditor rights recognized by Austrian authorities, deals with insolvency cases in courts. [read post]
1 Aug 2011, 8:32 am
That’s the time remaining before Jefferson County Commission must decide whether it will pursue more talks with creditors over a $3.2 billion sewer bond debt or opt for the largest-ever U.S. municipal bankruptcy. [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]
26 Jun 2015, 9:30 am
Yesterday the Consumer Financial Protection Bureau (CFPB) went live with its consumer complaint database, publishing over 7,700 consumer narratives detailing problems they have faced with banks, debt collectors, and other creditors. [read post]
26 Feb 2012, 8:56 am
At some point they will reach out and contact a bankruptcy lawyers in Seattle to learn about all of their options, and then a few months after that they may throw in the towel with battling their creditors and file for bankruptcy. [read post]
9 Nov 2011, 10:00 am
The November 2011 issue of the Illinois Bar Journal contains an article entitled “Creditors Are Not Freeloaders: The Common Fund Doctrine Does Not Apply to Hospital Lienholders. [read post]
30 Oct 2023, 6:02 am
Debt adjustment services typically involve negotiating with creditors on behalf of a debtor to create a debt management plan or arrange for the repayment of debt. [read post]
26 Sep 2011, 8:52 am
In a no asset case there are no assets for a bankruptcy trustee to administer and distribute to creditors. [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]
8 Nov 2012, 12:16 pm
Bankruptcy lawyers representing debtors with active Chapter 13 cases that might not be doing so well should keep in mind one fundamental truth to Chapter 13 practice: upon conversion of the case to Chapter 7, the debtor (and not the trustee, court, or creditors) is entitled to a return of any funds held by the Chapter 13 trustee that have not yet been distributed. [read post]
28 Sep 2007, 7:01 am
Bankruptcy works on disclosure: in exchange for full disclosure of assets, debts, and financial history, creditors with notice of the case are bound by the outcome, hopefully the discharge. [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]
9 Oct 2012, 7:55 pm
A bankruptcy debtor can decide to surrender or keep their house in a Chapter 7 (assuming that the house has little or no equity and the trustee does not want to sell it for the benefit of creditors). [read post]
24 Aug 2007, 3:15 am
Edward Ripley, a partner in the Houston office of Baker & Hostetler, is an experienced bankruptcy lawyer having represented debtors and creditors in reorganization proceedings since 1985. [read post]
7 Jun 2013, 3:00 am
Done wrong, asset protection is an unnatural manipulation of otherwise proper legal planning to defraud legitimate creditors. [read post]
2 Dec 2016, 12:54 pm
App. 1991), the Georgia Court of Appeals held that the defendant’s insurer has the right to pay to other claimants up to the policy limits (i.e, exhaust the policy) and, if this is done, they will not be liable to a subsequent claimant or judgment creditor. [read post]
13 Jan 2008, 3:30 pm
The state insurance commissioner sued the creditor for return of the payment on preference grounds. [read post]
11 Feb 2015, 10:58 am
” Creditors can harass you by phone and ruin your credit rating, but they cannot throw you in jail if you stop paying your mortgage or if you fail to pay off your credit card charges. [read post]
31 Oct 2011, 6:50 am
When they do, its followers usually feel free to circumvent the prohibition by a variety of devices, the most devious and simple of these being the sale of some valuable object by the debtor to the creditor, with an advance agreement that it be repurchased by him for a fixed higher price at some later date. [read post]
2 May 2008, 6:16 pm
On the creditor side, he made a distinction between business creditors (like utilities) and credit businesses (banks, debt collection agencies - whom he labels "the very big men who are left to sort out the mess"). [read post]
