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31 Jan 2017, 10:00 pm
In complex cases, Chapter 11 provides for the formation of a committee of creditors selected by the Office of the United States Trustee to maintain oversight and approval of the debtor's handling of its bankruptcy case, and this committee acts on behalf of all creditors. [read post]
12 Jul 2021, 11:23 am
Here are a few:You get to keep your stuffIn Chapter 13, you don’t have to worry about losing your car to pay your creditors. [read post]
28 Jan 2014, 8:25 am
Comment: Are other creditors or lienholders involved, and will intercreditor or subordination agreements be necessary? [read post]
6 Oct 2020, 1:49 pm
If the creditor does not disclose pertinent data to the borrowing party, the creditor may be liable to pay damages to the borrower. [read post]
18 Mar 2014, 11:05 am
Was approved by the requisite majority of creditors;2. [read post]
19 Sep 2014, 2:11 am
At most Siegrist will be a future creditor in the liquidation of Sharemax. [read post]
5 Nov 2014, 11:49 am
WHAT IF I JUST CAN'T WAIT BECAUSE OF PRESSURE FROM CREDITORS? [read post]
12 May 2021, 11:08 am
Background In an attempt to avoid paying his creditors, Francis Glaser transferred a one-half interest in a farm to his friend’s mother in 2011. [read post]
21 May 2013, 10:03 am
The unfair discrimination claim may have merit, because an overarching goal of federal bankruptcy law is to equitably allocate losses among competing creditors. [read post]
20 Feb 2015, 8:40 am
Courts that deny priority to a penalty do so to enhance recovery for all creditors. [read post]
1 Sep 2015, 8:11 am
That was not done here, and the creditor argued that there was not a sufficient description of the real property. [read post]
5 Jul 2023, 1:28 pm
The trustee will distribute these payments to your creditors. [read post]
7 Feb 2013, 5:44 am
Scott has represented Chapter 7 and 11 debtors, creditors, creditor committees, trustees, court-appointed receivers and other interested parties in bankruptcy cases and bankruptcy litigation. [read post]
26 Jan 2015, 12:32 pm
It often creates more problems than it solves by getting a federal bankruptcy judge and bankruptcy trustee involved in determing one's fate.Often a better plan is to institute a timely pre-claim arising asset protection plan and then: (i) attempting to negotiate delays and forebearance agreements directly with creditors; and (ii) if that fails fighting creditors trying to collect in state court rather than federal bankruptcy court. [read post]
20 Mar 2014, 8:11 am
The Abandonment order was silent as to the automatic stay, and the secured creditor held a trustee's sale later that day. [read post]
11 Jul 2013, 6:19 pm
Each applicant against whom adverse action is taken shall be entitled to a statement of reasons for such action from the creditor." [read post]
26 Jul 2016, 7:01 pm
If you owe money to creditors, you may be worried about how your debt will affect your loved ones when you die. [read post]
18 Nov 2014, 7:12 am
If the creditor violates the security first rule, it loses its chance to get a deficiency judgment, which holds the borrower personally liable for the balance of the debt above the value of the property. [read post]
25 Jun 2014, 8:13 am
If the debtor does not own any nonexempt property, his or her creditors will receive nothing. [read post]
15 Jan 2019, 6:02 am
"The FDCPA differentiates a debt collector from a creditor by looking at the status of the debt when assigned to the entity. [read post]
