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12 Nov 2023, 6:23 am
There is also a form of bankruptcy where you basically offer your creditors a plan to pay them in full. [read post]
12 Nov 2023, 1:00 am
GWG’s other creditors would have the first-priority claims. [read post]
10 Nov 2023, 7:31 pm
Yes, again, Korean creditors can attach assets globally. ____ Sean Hayes is the first non-Korean attorney to have worked for the Korean court system (Constitutional Court of Korea) and one of the first non-Koreans to be a regular member of a Korean law faculty. [read post]
9 Nov 2023, 7:29 pm
The Altman Z Score was developed by Edward Altman in 1968 and is widely used by investors, analysts, and creditors as a predictor of a company’s likelihood of going bankrupt within the next two years. [read post]
9 Nov 2023, 12:17 pm
Administrators will often need to act swiftly following their appointment to decide whether employees should be retained or made redundant and in any event will be taken to have adopted existing contracts of employment, which gives priority to the claims of employees over other creditors and the administrators costs and expenses, if the administrators continued existing contracts of employment for more than 14 days after their appointment. [read post]
9 Nov 2023, 8:17 am
All the rest resulted in a win for the creditor (my client at that time before I moved to the consumer side of things). [read post]
8 Nov 2023, 7:42 am
Register now to secure your spot and gain negotiation wisdom that can transform your approach in business and litigation.Reserve Your Seat NowDownload Notes HandoutRaleigh, NCBusiness, Construction, & Creditor's Rights AttorneysVaried backgrounds and expertise of dedicated attorneys and staff providing clients with effective and efficient legal advice and representation throughout North Carolina.Learn MoreJames R. [read post]
8 Nov 2023, 12:00 am
Creditor harassment Constant phone calls and letters from creditors can take a toll on your emotional and mental well-being. [read post]
8 Nov 2023, 12:00 am
Creditor harassment Constant phone calls and letters from creditors can take a toll on your emotional and mental well-being. [read post]
7 Nov 2023, 11:04 am
The two primary bankruptcy routes in Texas are Chapter 7 and Chapter 13: Chapter 7 liquidates assets to pay creditors and eliminates remaining debts, including personal loans. [read post]
7 Nov 2023, 9:28 am
In a November 1, 2023 blog post titled “Servicemembers continue to face major financial challenges,” the Consumer Financial Protection Bureau highlighted three areas where it is working to secure protections for servicemembers, including the Servicemembers Civil Relief Act’s (“SCRA”) 6% interest rate cap, restrictions on the use of military allotments, and efforts to protect servicemembers from identity theft. [read post]
7 Nov 2023, 8:32 am
A group of eleven Republican Senators who are members of the Senate Banking Committee have sent a letter to CFPB Director Rohit Chopra and Attorney General Merrick Garland to urge the CFPB and DOJ to retract the joint statement the agencies issued last month regarding “the potential civil rights implications of a creditor’s consideration of an individual’s immigration status under the Equal Credit Opportunity Act (ECOA). [read post]
7 Nov 2023, 6:30 am
” “The rule does not mention judges specifically; it refers to debtors, creditors and ‘parties in interest. [read post]
7 Nov 2023, 6:00 am
If you owe money to foreign creditors, they could still pursue you for payment. [read post]
Contractors: Beware of Personal Liability for Business Debts, by Andrew L. Richards, Esq. ,11-6-2023
6 Nov 2023, 12:27 pm
Uniform Voidable Transactions Act There are statutes in the New York State Debtor and Creditor Law that provide for personal liability for corporate debts in some circumstances. [read post]
6 Nov 2023, 7:38 am
For the third straight year, the firm garnered a Kansas City Metropolitan Tier 2 ranking in Bankruptcy Litigation, while debuting in Tier 1 for Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law. [read post]
6 Nov 2023, 5:22 am
Creditor Consideration: Creditors have the opportunity to raise objections or concerns about the proposed plan. [read post]
5 Nov 2023, 1:38 pm
Should Plaintiff prevail on its claims, it would stand as a creditor of the estate. [read post]
4 Nov 2023, 12:35 pm
Trustee and Creditor Review: The trustee and creditors will have the opportunity to object to the sale. [read post]
4 Nov 2023, 6:00 am
Rebuilding Your Credit Strategies to Improve Your Creditworthiness We have an entire blog post that discusses rebuilding your creditor after bankruptcy. [read post]
