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15 May 2017, 5:55 pm
There's no need for the FDCPA to extend to judicial debt collection because courts have other tools for policing bad behavior by creditors. [read post]
15 May 2017, 2:29 pm
The Supreme Court of the United States [official website] held [opinion, PDF] on Monday that a creditor may seek repayment of a debt even after the statute of limitations period has expired without facing sanctions. [read post]
15 May 2017, 10:00 am
If you default on federal student loans, you may face consequences such as: Wage garnishment: Unlike most creditors, the Department of Education does not need to secure a judgment to garnish your wages. [read post]
15 May 2017, 10:00 am
If you default on federal student loans, you may face consequences such as: Wage garnishment: Unlike most creditors, the Department of Education does not need to secure a judgment to garnish your wages. [read post]
15 May 2017, 9:39 am
A creditor must follow a set of legal procedures in order for a court to approve the foreclosure. [read post]
15 May 2017, 9:18 am
Personal Property Bankruptcy is a way for you to actually keep most of your personal assets and say goodbye to the creditors and debt collectors. [read post]
15 May 2017, 7:38 am
Accordingly, the Fourth Circuit affirmed the trial court’s order denying the creditor’s motion to compel arbitration. [read post]
15 May 2017, 6:37 am
The “furnisher”, the creditor who supplies information to the credit reporting agency, has an obligation to make the information on file fully accurate. [read post]
15 May 2017, 1:00 am
These appeals considered the proper ranking of certain subordinated debt in the insolvency ‘waterfall’, and whether the creditors of a company in administration whose provable claims are denominated in a foreign currency are entitled to payment of the balance of such claims which remains outstanding due to a decline in the value of sterling against the currency of the claim between the commencement of the administration and the dates of dividend distributions, and, if so,… [read post]
14 May 2017, 2:43 pm
Tidewater’s press release announcing the upcoming bankruptcy says the company has secured broad support from secured creditors for a pre-packaged plan that will effectuate a form of debt-for-equity swap. [read post]
13 May 2017, 2:15 pm
Creditors need to be notified. [read post]
13 May 2017, 6:55 am
We will need to be nimble, imaginative and relentless if our clients are not to be ground to dust by creditors, collectors, and their cohorts. [read post]
12 May 2017, 1:33 pm
The Act would exempt certain small creditors from the escrow account requirements under Regulation Z for higher-priced mortgage loans if the small creditor held the loan in portfolio for at least three years after origination. [read post]
12 May 2017, 12:41 pm
Court of Appeals for the Ninth Circuit recently affirmed the Bankruptcy Appellate Panel’s determination that a creditor’s pre-bankruptcy, non-recourse lien on two debtors’ real property is extinguished following a non-judicial foreclosure sale. [read post]
12 May 2017, 12:00 am
., a fiduciary relationship) with third persons or creditors transacting business with the corporation. [read post]
11 May 2017, 3:31 pm
In the past, creditor protection was afforded to your IRA and to the beneficiaries that would inherit your IRA, such as your children. [read post]
11 May 2017, 2:38 pm
The trustee will also determine the total amount of debt that you owe to your creditors. [read post]
11 May 2017, 12:27 pm
Creditors and debt collectors are given a right to cure violations. [read post]
10 May 2017, 1:29 pm
But, while the act by a county recorder of recording a properly tendered abstract of judgment would appear to be a ministerial function, it is less clear that the act by a judgment creditor of tendering the abstract to the county recorder’s office could be considered ministerial. [read post]
10 May 2017, 10:00 am
Creditors collecting past due medical bills may seek a judgment to garnish wages. [read post]
