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28 Nov 2016, 9:46 am
The Creditors filed their action and a motion for sanctions. [read post]
28 Nov 2016, 9:46 am
The Creditors filed their action and a motion for sanctions. [read post]
28 Nov 2016, 6:57 am
Again the idea is that you can’t afford to pay your creditors ahead of taking care of your health. [read post]
28 Nov 2016, 6:39 am
In 2013 a trustee was prosecuted in Ontario for failing to report the non-filing of a Form 7 with respect to a plan administrator who eventually filed for bankruptcy protection from its creditors. [read post]
28 Nov 2016, 5:35 am
The Court followed the Sixth Circuit’s decision to affirm in In re Phar-Mor, where the District Court held that a postpetition lender’s floating lien on the debtor’s inventory was not an assumption of the prepetition creditor’s lien. [read post]
Ruminations 66/Democracy Part 37: "Las Ideas no se Matan;" Thoughts on the Death of Fidel Castro Ruz
26 Nov 2016, 8:27 pm
(Pix © Larry Catá Backer 2016)"Querido pueblo de Cuba. [read post]
26 Nov 2016, 8:14 am
I don’t often see clients who need to forgive their creditors or others they see as responsible for their plight. [read post]
25 Nov 2016, 1:26 pm
This week, Joe Kristan (CPA & Shareholder, Roth & Company (Des Moines, Iowa); Editor, Tax Update Blog) discusses the importance of not paying other creditors before you pay payroll taxes to the IRS. [read post]
24 Nov 2016, 2:00 pm
Provided below is an abstract of the Article: Creditors call it fraud. [read post]
24 Nov 2016, 7:01 am
Creditor’s committees, secured versus unsecured, even where the courthouse is are all things someone who knows their way around the Bankruptcy Courthouse can help you navigate. [read post]
24 Nov 2016, 2:09 am
The restructuring plan needs to be approved by the creditors and confirmed by a judicial or administrative authority (Art.9 and 10). [read post]
23 Nov 2016, 1:17 pm
The characteristics of such frameworks include leaving the debtor in possession of its assets and affairs, staying enforcement proceedings that might interfere with restructuring negotiations, mandating disclosures for proposed restructuring plans, facilitating plan adoption by creditors in classes, including a cram-down option and an explicit absolute priority rule (pp. 30, 38, not mentioning a new value corollary ... though not using the troublesome phrase "on account of its… [read post]
23 Nov 2016, 12:38 pm
If it is not possible to close a joint account immediately, it is a good idea to inform the creditor that a divorce is pending and that any future expenses on the account will be attributable to the other signatory on the account. [read post]
23 Nov 2016, 5:38 am
A judgment creditor asked the sheriff to seize and sell a house to satisfy the judgment. [read post]
22 Nov 2016, 8:14 am
A dynasty trust can protect and grow the family fortune for many years, keeping your family wealth out of the reach of both creditors and spendthrift beneficiaries. [read post]
22 Nov 2016, 7:53 am
And I hate to see money go to general unsecured creditors when tax debt remains. [read post]
21 Nov 2016, 1:46 pm
The lists are relevant to exemptions in several CFPB mortgage rules, including the CFPB’s rule requiring creditors to establish escrow accounts for certain first-lien higher-priced mortgage [read post]
21 Nov 2016, 7:19 am
Birkenhauer – Employment & Labor Emily Kirtley Hanna – Creditor Debtor Rights Justin Knappick- Civil Litigation: Plaintiff Christopher B. [read post]
21 Nov 2016, 5:01 am
First, it did not meet the common meaning of the term “bank,” which the Tax Court defined to include “(1) the receipt of deposits from the general public, repayable to the depositors on demand or at a fixed time, (2) the use of deposit funds for secured loans, and (3) the relationship of debtor and creditor between the bank and the depositor. [read post]
20 Nov 2016, 7:45 pm
If a company goes into liquidation claims must be lodged and proved within three months as from the conclusion of the second meeting of creditors of the insolvent company. [read post]