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29 Nov 2023, 1:10 pm
If an individual fails to make payments on a debt, the creditor may report this delinquency to the credit reporting agencies. [read post]
29 Nov 2023, 7:59 am
Both of those kinds of income are fully exempt from creditors in California. [read post]
29 Nov 2023, 6:24 am
This might involve budgeting, debt consolidation, or negotiating with creditors. [read post]
29 Nov 2023, 3:33 am
Our bankruptcy lawyer can handle communications with creditors, stopping harassing calls and letters. [read post]
28 Nov 2023, 4:15 pm
If estate taxes and creditors are a concern, irrevocable trusts provide greater protection. [read post]
28 Nov 2023, 3:16 pm
For example, trust assets can protect against creditors or ex-spouses. [read post]
28 Nov 2023, 3:01 pm
That means creditors could potentially come after the estate years later. [read post]
28 Nov 2023, 10:00 am
Read now » Related Content Lien Subordination Versus Debt Subordination Review this practice note to understand the distinction between (1) debt subordination, where the debt owing to one creditor is subordinated in right of payment to the debt owing to the other creditor, and (2) lien subordination, where each of the creditors is secured and the lien of one creditor has priority over the lien of the other creditor in the same assets of the… [read post]
28 Nov 2023, 10:00 am
Gift Plans Read this practice note when drafting plans where senior creditors gift a portion of their distribution to junior creditors. [read post]
28 Nov 2023, 8:11 am
You ask, “What am I supposed to do in the meantime about getting to work without a car, paying for future medical treatment, and keeping the creditors from ruining my credit over the unpaid hospital bill? [read post]
28 Nov 2023, 7:42 am
One illegal practice is when two creditors combine two debts to become a single new debt without the debtor’s knowledge. [read post]
28 Nov 2023, 7:41 am
When a creditor with a consensual lien on real property uses the power of sale to hold a foreclosure sale, the creditor gives us any other collection rights on that loan. [read post]
28 Nov 2023, 6:51 am
The FCA considers that it is preferable for NMC to meet creditor claims. [read post]
28 Nov 2023, 12:15 am
Section 23305 of the Revenue & Taxation Code provides that the application may be made by: any stockholder or creditor, a majority of the surviving trustees or directors, an officer, or by any other person who has interest in the relief from suspension or forfeiture. [read post]
27 Nov 2023, 4:34 pm
Creditors view Chapter 7 as a serious negative event, as it implies an inability to repay debts as agreed. [read post]
27 Nov 2023, 1:34 pm
After The Closing: Notify creditors, customers, suppliers, and employees of the ownership change. [read post]
26 Nov 2023, 7:46 am
A 341 meeting is a meeting of creditors that takes place during the bankruptcy process. [read post]
24 Nov 2023, 10:03 pm
Note: In some states, a single-member LLC does not enjoy the same protection from the member’s personal creditors. [read post]
24 Nov 2023, 1:27 pm
It can show up on your credit report and creditors may be able to come after you, even if you haven’t seen your estranged spouse in many years. [read post]
24 Nov 2023, 12:07 pm
Secured creditors hold a claim on specific assets, such as a car or a home, which serve as collateral for the debt owed.These creditors have the right to recover the value of the collateral before any payments are made to unsecured creditors. [read post]
