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8 Nov 2016, 7:35 am by Cathy Moran
 Those funds retain their protection from creditors. [read post]
7 Nov 2016, 2:11 pm by David M. Goldman
  During this time the client will need to pay creditors and daily living expenses and arrange payment for hospital expenses. [read post]
7 Nov 2016, 2:11 pm by Keith L. Miller
Creditors of a bankrupt conglomerate had sued Skadden, in New York state court, after allegations that Skadden acted unethically in failing to disclose or obtain waivers for multiple conflicts. [read post]
7 Nov 2016, 2:11 pm by Keith L. Miller
Creditors of a bankrupt conglomerate had sued Skadden, in New York state court, after allegations that Skadden acted unethically in failing to disclose or obtain waivers for multiple conflicts. [read post]
7 Nov 2016, 2:11 pm by Keith L. Miller
Creditors of a bankrupt conglomerate had sued Skadden, in New York state court, after allegations that Skadden acted unethically in failing to disclose or obtain waivers for multiple conflicts. [read post]
7 Nov 2016, 6:16 am by Steve Shiffrin
It was designed to protect the wealthy creditors against debtors. [read post]
7 Nov 2016, 6:15 am by Cathy Moran
For the price of the filing fee, a Chapter 13 debtor can invoke the bankruptcy rules and if he has a dispute with a creditor, haul the creditor before the judge for redress. [read post]
7 Nov 2016, 5:12 am by John L. Culhane, Jr.
CFPB examiners determined that collection calls made by one or more debt collectors involved false representations or deception in violation of the FDCPA where collectors (1)  purported to assess consumers’ creditworthiness, credit scores, or credit reports when collectors could not assess overall borrower creditworthiness, represented that an immediate payment was necessary to prevent a negative impact on a consumer’s credit, (3) impersonated consumers while using a… [read post]
6 Nov 2016, 5:35 am by Cathy Moran
Those we elected then choose to adopt the the creditor’s picture of the debt strapped consumer- irresponsible and exploitive. [read post]
5 Nov 2016, 8:26 am by Charles (Chuck) Rubin
Violation of officer or director fiduciary duties to the creditors of a company that operates in the "vicinity of insolvency" (See In Re Trafford Distribution Center, Inc., 431 D.R. 263 (Bankr. [read post]
4 Nov 2016, 12:00 pm by Gerry W. Beyer
Vallario recently published an Article entitled, The Elective Share Has No Friends: Creditors Trump Spouse in the Battle Over the Revocable Trust, Capital U. [read post]
3 Nov 2016, 4:30 pm
Courts look for some indication of fraud to determine whether a transfer of business assets was a fraudulent attempt to evade creditors. [read post]
3 Nov 2016, 11:03 am by Barbara S. Mishkin
The complaint alleges that the defendants engaged in unlawful conduct that included: Adding $200 to each consumer debt account the companies acquired without regard to whether the addition of such amount was permitted by applicable state law or the underlying contract between the consumer and the original creditor Falsely threatening consumers with legal action they had no intention of taking and impersonating law enforcement officials, government agencies, and court officers, including… [read post]
3 Nov 2016, 7:24 am by Gene Berardelli
Courts look for some indication of fraud to determine whether a transfer of business assets was a fraudulent attempt to evade creditors. [read post]
2 Nov 2016, 10:18 pm by Jason
A transfer will be “actually” fraudulent where it is made with “the intent to hinder, delay or defraud creditors. [read post]
2 Nov 2016, 12:46 pm by Robert Manchel
In general unsecured debt is any debt that is owed to a creditor, that is not secured or connected to property, such as a car or house. [read post]
1 Nov 2016, 7:00 am by Lucy Liu
The party asserting novation must prove: the purchaser assumes complete liability; the creditor (one of the existing party to the original contract) must accept the purchaser as principal debtor and not merely as an agent or guarantor of the seller; and the creditor (one of the existing party to the original contract) must accept the new contract in full satisfaction of, and as substitution for, the old contract. [1] The SCC also stated that in the absence of an express new… [read post]
31 Oct 2016, 3:34 pm by Daily Record Staff
., president of the Maryland-DC Creditors Bar Association, was recognized with the President’s Award by NARCA; The National Creditors Bar Association. [read post]
31 Oct 2016, 5:00 am by Kollias & Giese, P.C.
Unlike dischargeability questions based on § 523(a)(2), (4) and (6), where debts are automatically discharged unless the creditor asks the bankruptcy court to make a determination of non-dischargeability, a debtor’s obligation to a former spouse or child is either discharged or not, pursuant to § 523(a)(5), based upon the nature of that obligation regardless of whether or not the bankruptcy court has been asked to pass upon the issue. [read post]
31 Oct 2016, 5:00 am by Kollias & Giese, P.C.
Unlike dischargeability questions based on § 523(a)(2), (4) and (6), where debts are automatically discharged unless the creditor asks the bankruptcy court to make a determination of non-dischargeability, a debtor’s obligation to a former spouse or child is either discharged or not, pursuant to § 523(a)(5), based upon the nature of that obligation regardless of whether or not the bankruptcy court has been asked to pass upon the issue. [read post]