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22 Sep 2020, 9:42 am by Matthew D. Roy
Many bankruptcy claims are complex and involve adversary proceedings filed by creditors who believe the debtor engaged in conduct that renders their debt non-dischargeable, such as fraud. [read post]
2 Jul 2012, 3:00 am by Louis M. Solomon
The Official Unsecured Creditors’ Committee of Bayou Group, L.P., et al., 10-5049-cv (lead) (2d Cir. 2012) (summary order), provides a summary of several important legal principles governing international dispute resolution. [read post]
19 Aug 2015, 12:10 pm by Scott Brinkman
ONLY $675 ATTORNEY FEES FOR A ST LOUIS CHAPTER 7 There is a possibility that a portion of your tax refund could go to the Bankruptcy Trustee so that he/she can use it pay towards your unsecured creditors. [read post]
27 May 2024, 5:03 am by Matthew D. Roy
In bankruptcy actions, creditors will often seek to recover some or all of the debts they are owed. [read post]
10 Nov 2015, 12:00 pm by Scott Brinkman
Tax debts are considered to have priority status with the Bankruptcy Court, so those kinds of debts are paid to the taxing authority ahead of many other creditors. [read post]
31 Aug 2013, 1:21 pm
The best time to do asset protection is when you do not have any known or potential creditors. [read post]
1 Jun 2021, 7:50 am by David Friedman
It's a completely different animal than a collection lawsuit brought directly by the original creditor. [read post]
11 Nov 2022, 8:41 am
During this timeframe, the court will create a repayment plan that details how much each creditor will be paid back. [read post]
15 May 2014, 11:00 pm
The credit bureaus will contact the creditor to resolve the dispute as to the information being reported. [read post]
19 Aug 2022, 5:00 am
After getting approval to close your business, the next step is to notify creditors. [read post]
11 Feb 2014, 6:40 am
For example, a person who files for Chapter 13 Bankruptcy may be able to claim some or all of the equity in their home.Schedule D lists each of the creditors that has a claim secured by a property interest in the bankruptcy filer's property.Schedule E lists each of the unsecured creditors that has a priority claim to the property of a person filing bankruptcy. [read post]
2 Nov 2012, 10:01 am
If the buyer doesn’t get his or her own insurance, the creditor obtains insurance to protect their investment. [read post]
18 Oct 2012, 11:49 pm
By doing so, they say, creditors will become more eager to negotiate. [read post]
12 Jun 2023, 12:08 am
The court then distributes that payment to a filer’s creditors per the terms of their plan. [read post]
29 Apr 2021, 10:00 am
A debt collection agency is a separate company that many lenders and creditors use to facilitate the retrieval of unpaid debts from consumers. [read post]
14 Dec 2022, 10:55 am
This means that there are no assets for creditors to collect from your estate. [read post]
14 Sep 2014, 4:15 am
The most important of which is that an estate does not have the same protections as a human beneficiary, and all money that is given to the estate is subject to creditors. [read post]
23 Aug 2023, 11:04 am
If possible, try to settle the judgment with the creditor. [read post]
20 May 2022, 4:05 pm
There are many situations where creditors will need to take action to address the nonpayment of debts. [read post]