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13 Mar 2017, 7:04 am by Chris Wesner
But sometimes creditors or trustees do challenge parts of the bankruptcy plan. [read post]
12 Mar 2017, 1:28 pm by Mark Weidemaier
For many corporations, bankruptcy would be the preferred option, if only to benefit from the automatic stay of creditor collection efforts. [read post]
However, where there is a claim of “lack of assets” presence, unencumbered by liens of creditors, meaning that the individual cannot afford to make the payments, then the direction for that person to make mortgage payments would simply be useless. [read post]
However, where there is a claim of “lack of assets” presence, unencumbered by liens of creditors, meaning that the individual cannot afford to make the payments, then the direction for that person to make mortgage payments would simply be useless. [read post]
10 Mar 2017, 8:06 am by Roshni Patel and Kim Phan
The report describes the observations of CFPB examiners during examinations of both consumer reporting agencies and the creditors and other companies that furnish information to consumer reporting agencies. [read post]
9 Mar 2017, 2:46 pm by Marc Soss
Individuals are now considering creating asset protection trusts in Nevada over Delaware because Nevada does not allow for claims from “exception creditors” (claims for alimony and spousal support from an ex-spouse). [read post]
9 Mar 2017, 8:28 am by J. Ross Pepper
In a dissolution, how are the assets of the company which remain after all creditors are paid to be divided? [read post]
9 Mar 2017, 8:28 am by J. Ross Pepper
In a dissolution, how are the assets of the company which remain after all creditors are paid to be divided? [read post]
9 Mar 2017, 8:28 am by J. Ross Pepper
In a dissolution, how are the assets of the company which remain after all creditors are paid to be divided? [read post]
9 Mar 2017, 7:33 am by Cathy Moran
The court must confirm it, but creditors don’t have to like it or support it for it to become the order of the court. [read post]
Because the Trustor loses a control over the assets that are transferred into an irrevocable living trust the moment they are transferred, the assets are outside of the reach of creditors. [read post]
8 Mar 2017, 10:00 am by The Sader Law Firm
  A creditor may object to your proposed discharge. [read post]
7 Mar 2017, 4:28 pm by Kevin LaCroix
The Federal Housing Finance Agency (FHFA) recovered nearly $19 billion in connection with the sale of mortgage-backed securities, and the National Credit Union Administration (NCUA) recovered more than $4 billion for creditors of failed financial institutions. [read post]
7 Mar 2017, 10:00 am by The Sader Law Firm
While this issue typically just takes another step in the process, the problem can be easily managed for creditor’s attorneys. [read post]
In addition, creditors of the estate must be given the opportunity to make claims against the estate and any state and/or federal taxes owed by the estate must be paid. [read post]
6 Mar 2017, 2:29 pm by John L. Culhane, Jr.
  For example, the CFPB reported that “almost one-third of consumers (32 percent) reported being contacted over the past year by a creditor or debt collector about a debt. [read post]
6 Mar 2017, 2:14 pm by CPLEA Administrator
Departments BenchpressTeresa Mitchell ViewpointFairness for Children: Canada’s Challenge New Resources at CPLEALesley Conley Columns Creditor and Debtor LawDoug HoyesStudent Loans under the Bankruptcy and Insolvency Act Criminal LawMelody IzadiOh, S***! [read post]
6 Mar 2017, 2:14 pm by CPLEAadmin
Departments BenchpressTeresa Mitchell ViewpointFairness for Children: Canada’s Challenge New Resources at CPLEALesley Conley Columns Creditor and Debtor LawDoug HoyesStudent Loans under the Bankruptcy and Insolvency Act Criminal LawMelody IzadiOh, S***! [read post]
6 Mar 2017, 10:00 am by The Sader Law Firm
This meant that all creditors that filed a proof of claim in their case would be paid back. [read post]