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31 May 2017, 6:00 am
Has your executor been acting strangely, refusing to communicate with you, or making questionable decisions about assets, creditor debts, or other important matters? [read post]
31 May 2017, 3:34 am
For early-stage ventures, it’s purchased around the time the company gets outside investors & directors, or at the time of hiring employees – but the list of potential claimants can also include customers, vendors, suppliers, creditors & others. [read post]
30 May 2017, 1:36 pm
The complete, thorough answer to this question requires me and my clients to look at their current situation carefully, and then analyze what the outcomes will be to them if they take no affirmative action to resolve their financial problems, what the outcomes will be if the clients decide to attempt an informal agreement with their creditors to pay back all or part of the debt owed without filing bankruptcy, and what the outcomes will be if they file a bankruptcy case - either Chapter 7 or… [read post]
30 May 2017, 7:00 am
As a general matter, whether one is dealing with a secured creditor, receiver or trustee, sellers will typically prefer the bid that has the lowest closing risk, can be completed the fastest with the least amount of expenses and will maximize the case that will be available to be freely distributed to creditors on closing. [read post]
29 May 2017, 10:00 am
Debt settlement cannot stop creditor collection attempts. [read post]
29 May 2017, 10:00 am
Debt settlement cannot stop creditor collection attempts. [read post]
29 May 2017, 9:43 am
Each state determines how long a creditor or debt collector can sue for an expired debt, which can range from three to 10 years. [read post]
27 May 2017, 9:22 am
A creditor is going to have a difficult or impossible time getting ahold of the money in the asset protection trust if the creditor wants that money to satisfy a judgement. [read post]
26 May 2017, 11:59 am
Here, the creditor was an ex-wife who was owed an alimony debt. [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]
26 May 2017, 7:27 am
After the funeral Obtain death certificate copies: These documents could be important for canceling certain accounts and dealing with creditors. [read post]
26 May 2017, 6:37 am
State exemption laws control what assets and income a creditor with a judgment can seize to pay its judgment. [read post]
25 May 2017, 9:30 pm
The proposed legislation would cut back on stress tests that gauge large institutions’ ability to weather a financial crisis, eliminate the institutions’ plans for an orderly shutdown in case of a crisis, and remove the temporary financing needed to prevent creditor runs during the process of resolution. [read post]
25 May 2017, 2:44 pm
Determining who may be potential creditors One of the most challenging components of asset protection is determining who may be a potential creditor. [read post]
25 May 2017, 1:49 pm
If you die with no assets, and all of your credit accounts were solely owned, your creditors have nothing to collect from. [read post]
25 May 2017, 1:49 pm
If you die with no assets, and all of your credit accounts were solely owned, your creditors have nothing to collect from. [read post]
25 May 2017, 9:28 am
Valuation after resolution is also important as it establishes whether the no-creditor-worse-off safeguard has been breached by the resolution action and whether any compensation has to be paid to creditors and shareholders by the resolution fund. [read post]
25 May 2017, 9:14 am
This was unacceptable to the Creditor. [read post]
25 May 2017, 7:55 am
What creditor would reject payment of $100 now, in favor of 10 future payments of $10. [read post]
25 May 2017, 7:32 am
The post Business Debt No Different To Unpaid Creditor appeared first on Northern California Bankruptcy Lawyer. [read post]
