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2 Oct 2017, 11:56 am
 Remember:  the funds here are going to the creditors of the company (and/or the stockholders). [read post]
14 Jul 2015, 8:27 am
A creditor may waive that right by not following the requirements of section 726, and not obtaining the consent of the debtor to do so. [read post]
25 Jan 2023, 4:00 am
Creditors have 30 calendar days to file any objections following the bankruptcy hearing. [read post]
5 Jun 2013, 11:33 pm
The lack of bankruptcy protection resulted in the majority of Lincoln's assets being sold to pay creditors. [read post]
7 Jul 2014, 6:03 pm
It is paid at whatever percentage your other unsecured creditors are being paid, and often does not increase what you would otherwise pay to all your creditors. [read post]
31 Jul 2024, 6:00 am by beng
Credit Bidding — Credit bidding is the right of a secured creditor to bid at the auction for the purchase of the secured creditor’s collateral using the amount of the debt that is owed by the debtor to that creditor, as opposed to paying in cash or some other form of value. [read post]
17 Nov 2022, 10:40 am by Sader Law Firm
Sader Law Firm focuses on bankruptcy representation in all types of business and consumer matters on behalf of creditors and debtors. [read post]
14 Nov 2023, 10:00 am by Sader Law Firm
Sader Law Firm focuses on bankruptcy representation in all types of business and consumer matters on behalf of creditors and debtors. [read post]
28 Jul 2018, 10:00 am by The Sader Law Firm
But if several clients are paying late, you are several payments behind with suppliers or facing creditor collection actions, then you may want to consider bankruptcy as a solution. [read post]
30 Dec 2015, 10:00 am by The Sader Law Firm
After filing a petition for Chapter 13 bankruptcy, an automatic stay is put on the underwater mortgage, stopping creditors from foreclosing on the home. [read post]
28 Aug 2009, 9:38 am
The American Bar Associations says no. [read post]
25 May 2009, 11:29 pm
The Houston Chronicle has posted an article that very clearly outlines what constitutes debt collector harassment. [read post]
  Creditors whose rights are affected may vote on the plan and the plan may be confirmed by the bankruptcy court if it gets the required votes and satisfies certain legal requirements.[12]  Voyager filed a proposed Chapter 11 plan on the day it filed for bankruptcy and the plan (which is subject to ongoing discussions and court approval) contemplates that “customers with crypto in their account(s) will receive … a combination of the crypto in their account(s),… [read post]
17 Oct 2007, 8:55 am
  In my office, I include both the IRS and Georgia as "notice creditors" in every case filed. [read post]
18 Jan 2019, 6:00 am by Author on behalf of Eisen Law
In McGoey (RE), a commercial litigation matter, a bankrupt telecom executive attempted to shield two properties from creditors by asserting that they were held in trust for himself and his wife’s children. [read post]