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10 Aug 2010, 7:32 am
It also provides creditors with a fair method of payment if the debtor has assets or disposable income available for repayment. [read post]
16 Jun 2010, 7:31 am
Mind you, justice probably means different things to creditor attorneys and debtor attorneys. [read post]
5 Oct 2021, 7:41 am
This blog was co-authored by: Anika de Kock, associate and Zinhle Mdluli, candidate attorney The doctrine of subrogation literally means the substitution of one party for another as creditor. [read post]
29 Nov 2005, 12:53 pm
MayerWashington Post Staff WriterTuesday, November 22, 2005; D03 In the month since a new bankruptcy law took effect, the number of Americans filing for protection from their creditors has slowed to a trickle, running at one-tenth the normal number of filings. [read post]
25 Nov 2019, 1:26 pm
The three trade groups challenging an amendment to Nevada law that allows an applicant for credit with no credit history to request that the creditor deem the applicant’s credit history to be identical to that of the applicant’s spouse during the marriage have responded to the motion to dismiss their lawsuit filed by the Commissioner of the Financial Institutions Division (FID) of the Nevada Department of Business and Industry and the Nevada Attorney General. [read post]
19 Jul 2012, 12:25 pm
It may take a long time, access to assets may be limited, and it’s easy for creditors to find assets and make a claim. [read post]
20 Aug 2012, 7:05 am
Bankruptcy exemptions protect property from creditors and are established by federal law or state law. [read post]
6 Feb 2024, 12:50 am
The Free State High Court confirms in J.H.V v Centlec (SOC) Ltd and Others that an acknowledgement of liability by the debtor interrupts prescription, even if the acknowledgement is not made directly to the creditor. [read post]
6 Jan 2012, 1:46 pm
If you’ve fallen behind on your debts, chances are its a creditor who’s suing you. [read post]
5 Jan 2011, 7:48 am
In Bankruptcy Court in Arizona and your Bankruptcy Schedules and Bankruptcy Lists, it's a good idea to play "Open the Kimono", because the bankruptcy trustees and the Bankruptcy Judges take a fairly dim view of failing to list assets or creditors, and it's a crime under some bankruptcy statutes. [read post]
23 Jul 2010, 8:28 am
A Chapter 13 lawyer should be hired when creditors have obtained judgment against you and Chapter 7 is unavailable because you’ve filed and received a Chapter 7 discharge within the past 8 years. [read post]
28 Jun 2011, 11:11 am
It does not protect you from the collection practices of the original creditor, only third party debt collectors. [read post]
12 May 2010, 1:45 pm
(Exempt property is NOT allowed to be taken by the Trustee and sold to pay the creditors.) [read post]
25 Nov 2009, 12:59 am
Judge Arthur Gonzalez (S.D.N.Y.) entered an opinion today granting two motions, which were opposed by the debtors and the Offical Committee of Unsecured Creditors, to transfer the chapter 11 cases of Asset Resolution LLC and 14 special purpose entities to the District of Nevada. [read post]
30 Jun 2015, 6:34 am
A living trust, revocable trust, or asset protection trust can be a great estate planning tool that offers a number of benefits, such as allowing assets to pass to beneficiaries without going through probate and avoid the claims of creditors. [read post]
17 Jun 2014, 7:16 am
Florida law allows the imposition of equitable liens upon homestead property in certain limited situations, such as where the homestead is being used as an instrument of fraud or an imposition upon creditors. [read post]
17 Jul 2019, 4:00 am
Oppositely, s. 65.11 is a provision in Part III, Division 1 of the BIA that permits an insolvent debtor to avoid bankruptcy by making a proposal to its creditors. [read post]
22 Jun 2011, 7:33 pm
Get rid of assets that the creditor can attach a judgment to. [read post]
22 Jun 2011, 7:33 pm
Get rid of assets that the creditor can attach a judgment to. [read post]
1 Oct 2013, 5:00 am
However, if the creditors call for and elect a permanent trustee prior to June 1, 2015, then the trustee is granted an additional one year from his/her appointment to bring a preference action. [read post]