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18 May 2017, 1:36 pm
If granted, an Order for Relief allows the creditor to contact and collect from you. [read post]
18 May 2017, 1:09 pm
It is conceivable that the requirement of a creditor having to prove the certainty of a claim will put pressure on the creditor to settle for substantially less than might otherwise be warranted. [read post]
18 May 2017, 1:09 pm
It is conceivable that the requirement of a creditor having to prove the certainty of a claim will put pressure on the creditor to settle for substantially less than might otherwise be warranted. [read post]
18 May 2017, 8:26 am
After the completion of the sale, Yahoo intends to return substantially all of its cash to its shareholders but will retain sufficient cash to satisfy its obligations to creditors and for working capital. [read post]
18 May 2017, 8:00 am
Liquid assets will be necessary to pay any approved creditor claims. [read post]
18 May 2017, 7:37 am
And, the creditor’s failure to have given timely notice of “fees, expenses, and charges” added to the loan balance can bar introduction of evidence by the creditor. [read post]
18 May 2017, 7:00 am
A true sale provides the issuer’s creditors with assurances that in the event the company defaults or becomes bankrupt or insolvent its creditors will not have access to the assets sold to the issuer. [read post]
18 May 2017, 6:54 am
LP 16-784, that has the potential to make it easier for creditors to claw back cash that was paid out by a company for extended time periods before filing for bankruptcy. [read post]
18 May 2017, 3:45 am
If negotiations fail, the taxpayer may be the subject of tax liens -- and as is often the case, such a financial predicament indicates the likelihood that other creditors are losing patience and may take steps resulting in civil judgments. [read post]
18 May 2017, 3:28 am
Fight creditors with help from a professional. [read post]
17 May 2017, 3:21 pm
It is very common for a person to die with unpaid debts or creditor claims. [read post]
17 May 2017, 12:44 pm
The clock typically starts ticking after the first missed payment to the original creditor. [read post]
17 May 2017, 9:50 am
These purposes include facilitating enforcement of fair lending laws and enabling communities, governmental entities, and creditors to identify business and community development needs and opportunities of small businesses owned by women or minorities. [read post]
17 May 2017, 9:25 am
Do you cringe when your cell phone rings, afraid to answer in case it is a creditor harassing you for money? [read post]
17 May 2017, 8:50 am
Any asset that is not protected by one of these exemptions can be taken from you by the trustee and then distributed to your creditors. [read post]
17 May 2017, 7:20 am
The Bank has already been sued by hundreds of COFINA creditors in New York state courts. [read post]
17 May 2017, 2:18 am
Any money paid under s 74 forms a statutory fund which can only come into existence once a company is in liquidation; if that company not in liquidation, there is no existing person to be identified as a potential creditor, merely a possible future liquidator. [read post]
16 May 2017, 10:01 pm
The Glenview, IL, soy butter company’s president and 90-percent shareholder Stephen Grubb listed some victims of the E. coli outbreak as creditors with “unknown” amounts owed to them in the Chapter 7 filing in U.S. [read post]
16 May 2017, 3:45 am
In The Wall Street Journal, Jess Bravin reports that “[e]xpired debts—those so old that a statute of limitations prohibits courts from enforcing them—are big business, potentially comprising roughly 30% of more than $100 billion in debt that collection agencies have purchased from credit-card issuers and other businesses that have given up trying to collect,” and that in ruling that “it isn’t the creditor’s job to tell the debtor there is no… [read post]
16 May 2017, 3:39 am
” By “requir[ing] creditors … to investigate the merits of an affirmative defense (typically the debtor’s job to assert and prove),” the “upshot could well be added complexity, changes in settlement incentives, and a shift from the debtor to the creditor [of] the obligation to investigate the staleness of a claim. [read post]
