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22 May 2023, 3:30 am
A person who files a chapter 13 bankruptcy case is required to pay as much as they can afford towards their debts in a three-to-five year repayment plan. [read post]
22 Dec 2021, 11:38 am by Daniel Miller
The Appellate Court of Illinois, Fifth District, recently affirmed a trial court’s judgment against a borrower on a credit card debt because it ruled that there were no errors in the admission of evidence, there was no evidence of judicial bias, and the judgment was not against the manifest weight of the evidence. [read post]
1 Dec 2011, 1:29 am by sally
“A high court judge has been asked to take action against a football industry debt rule described as revealing ‘the ugly side of the beautiful game’.” Full story The Guardian, 30th November 2011 Source: www.guardian.co.uk [read post]
22 Mar 2008, 5:22 pm
This last week, Bankruptcy Judge Taylor in the Southern District of California Bankruptcy Court, sanctioned First Future Credit Union and Keypoint Credit Union for failing to redact personal and confidential information belonging to debtors, in the proof of claims they filed in a Chapter 13 Bankruptcy Case. [read post]
6 Aug 2013, 7:53 am by admin
Many individuals have faced the wrath of constant phone calls from a collection agency for a debt. [read post]
30 Oct 2009, 10:15 am
The ruling is a major victory for law firms, who contended that FTC regulations designed to prevent identity theft would impose an unfair and unnecessary burden on them. [read post]
13 Sep 2018, 8:45 am by Malgorzata Pawska
  Written by Jay Adkisson, a nationally-recognized expert on charging orders, with input from members of the Business Law Section’s LLCs, Partnerships and Unincorporated Entities Committee, The Charging Orders Practice Guide will help you understand the complexities of this area of the law. [read post]
19 Dec 2023, 9:05 pm by renholding
Unsecured debt of distressed companies is a popular investment for certain hedge funds, not least because it often allows the funds to serve on a distressed company’s unsecured creditors’ committee (UCC) shortly after the firm files for Chapter 11 bankruptcy. [read post]
19 Jan 2007, 7:07 am
The company has until June 20 to submit its reorganization plan that will show how it plans to exit Chapter 11 and pay back creditors. [read post]