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29 Sep 2014, 8:11 am by Barbara S. Mishkin
”  The new project is a research pilot to examine the effectiveness of early intervention credit counseling for consumers who are at risk of default on their credit card debt. [read post]
Default Class or Group Voting Requirements Eliminated The LLC Act and the LP Act have been amended to eliminate the default class or group voting requirements in connection with the merger or consolidation, transfer or continuance, conversion, dissolution and winding up of a Delaware LLC or Delaware LP and the termination and winding up of a series of a Delaware LLC or Delaware LP. [read post]
29 Dec 2011, 12:16 am by Daniel Solove
Of these standalone institutions, the average default rate is only 2.6 percent. [read post]
8 Jan 2009, 10:54 am
The defaulting pair had relocated and changed their telephone number since they were initially served. [read post]
7 Jan 2013, 6:12 am by cloughridge
  Thus, should the debtor default under the terms of the Promissory Note (i.e. fail to make payment), the creditor will be authorized to enter a judgment against the debtor for the balance owed on the Promissory Note. [read post]
11 Oct 2024, 2:10 pm by Steve McBrady and John Nakoneczny
The FAR’s Excusable Delay clause and the Default clauses do not address monetary relief for excusable delays. [read post]
4 Jul 2011, 6:31 pm
But also because the default will occur in any case, and everybody including the politicians knew it! [read post]
16 Nov 2021, 5:23 am by Stefanie Jackman
The key amendments include: A 3-year statute of limitations for most collection lawsuits arising out of a consumer credit transaction A prohibition on revival or extension of the limitations period based on a subsequent payment, written or oral affirmation, or other activity on the debt When a collection action against a consumer arising out of a consumer credit transaction is filed, a specified notice must be submitted to the court by the plaintiff for the court to mail to the consumer… [read post]
5 Sep 2012, 4:00 am by Michael Froomkin
The lending service provider announced a default on borrowed assets just a short while ago; the estimated value for the defaulted assets is $5,000,000 USD. [read post]
26 Oct 2010, 2:42 pm
Following a hearing the Court determined that service was not proper and vacated the default judgment of foreclosure. [read post]
23 Nov 2010, 3:22 am
., and especially in hard-hit foreclosure areas like Florida, walking away from a mortgage is a decision best reached after examining both the financial and emotional consequences.It is estimated that currently 18% of mortgage defaults are strategic defaults – people simply walking away from their mortgages because they thought it made better economic sense to do so. [read post]
4 Nov 2011, 2:05 pm by malik
It said an additional 2,509 loans are now in default and that HUD could face $363 million more in claims. [read post]
20 May 2010, 7:57 am by Richard Koman
If the trustee elects to assume an executory contract, he must either cure any defaults in the contract or provide the other party to the contract with adequate assurances that he will cure the defaults. [read post]
22 May 2023, 8:10 am by Adam Levitin
It's a prohibition on repudiation, and a default is not a repudiation. [read post]
26 Feb 2010, 4:40 am by Traffic Lawyer
  If you fail to answer it and a fine is imposed by default, you have 30 days to pay it. [read post]
9 Aug 2010, 10:34 am
Default judgment against Dale is for the full amount. [read post]
22 Sep 2008, 11:14 am
Sep 10, 2008): Without a showing of cause and prejudice, a petitioner's defaulted claims are procedurally barred unless the application of the bar will result in a fundamental miscarriage of justice. [read post]