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25 Oct 2019, 12:05 pm
Muhonen, Creditor’s Rights / Collections Attorney, Racine Olson, PLLP Have you ever been the victim of a crime? [read post]
20 Sep 2018, 1:55 pm
This means that creditors can no longer collect on their loan. [read post]
25 Oct 2008, 4:57 pm
Life insurance trusts (ILITs) are a popular estate planning technique used to shelter life insurance proceeds from estate taxes, creditors and mismanagement by beneficiaries. [read post]
4 Jan 2016, 7:11 am
In Florida, both revocable and irrevocable trusts are valuable estate planning tools that permit individuals to organize and protect their assets from creditors. [read post]
7 Aug 2011, 5:36 pm
Creditors cannot garnish wages paid to a person who is head of household. [read post]
17 Jun 2021, 11:48 am
” One definition is “a day on which the creditor’s offices are open to the public for carrying on substantially all of its business functions. [read post]
27 Aug 2011, 9:12 am
Courts have exempted this money from creditors if, and to the extent, the money is intended to be reinvested in a new homestead. [read post]
4 Jan 2012, 11:30 am
For example: You may foolishly cash in an IRA or other retirement account to pay debts even though the IRA or retirement account is totally exempt from creditors whether you file bankruptcy or not. [read post]
22 Feb 2011, 1:41 pm
The trustee can either prosecute the lawsuit in your behalf or he can sell the claim or lawsuit and distribute proceeds to your creditors. [read post]
25 Apr 2011, 11:29 am
The article reports that creditors FICO scores were very much the same when they compared somebody who obtained a short sale vs. somebody who had a home foreclose after filing bankruptcy. [read post]
22 Jun 2020, 12:48 pm
With COVID-19 destroying the economy, scores of retailers have filed bankruptcy in order to get relief from their creditors. [read post]
31 Mar 2020, 12:16 pm
Senate Bill 311, which went into effect on October 1, 2019, allows an applicant for credit with no credit history to request that the creditor treat the applicant’s credit history as identical to that of the applicant’s spouse during the marriage. [read post]
30 Jan 2010, 11:56 am
The refund can be a part of the bankruptcy estate and the trustee can take part of your refund and pay your unsecured creditors. [read post]
27 Apr 2013, 4:45 pm
In simplest form, the completion of the Means Test calculation determines how much you can afford to pay back to your unsecured creditors. [read post]
27 Sep 2006, 3:29 pm
Therefore, a creditor could levy upon the debtor's spouse's interest. [read post]
24 May 2010, 9:22 pm
On the other hand, a garden-variety judgment is usually going to get discharged, unless the creditor files a Complaint to Determine Dischargeability within the relevant time period. [read post]
12 Jul 2021, 4:28 pm
When filing for bankruptcy in Minnesota, you are allowed to protect some essential properties from creditors, such as your personal belongings, your homestead or your car. [read post]
12 Nov 2008, 5:00 am
"Using Divorce To Dissipate Assets & Delay Creditors", explains that a debtor may use a divorce settlement to impede an asset search or forced collection proceeding. [read post]
5 Dec 2009, 5:46 pm
He knows that IRA assets are exempt from creditors. [read post]
23 Nov 2010, 6:29 am
Ambac’s troubles began when the mortgage-backed securities market collapsed in late 2008, causing a cascade of claims on policies issued by the bond insurer to protect creditors in the event of a default by borrowers.Earlier this year, the Wisconsin Insurance Department ordered the segregation of Ambac’s $50 billion portfolio of asset-backed security policies. [read post]
