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23 Oct 2011, 10:40 pm
Non-exempt assets can be liquidated to produce liquid money to compensate the loss of your creditor. [read post]
30 Aug 2023, 4:54 pm
"Legislative Summary of Bill C-228: An Act to amend the Bankruptcy and Insolvency Act, the Companies’ Creditors Arrangement Act and the Pension Benefits Standards Act, 1985: "The bill amends the Bankruptcy and Insolvency Act (BIA) and the Companies’ Creditors Arrangement Act (CCAA) to ensure that claims in relation to shortfalls in defined-benefit pension plans are paid in priority in the event that an employer becomes insolvent. [read post]
10 Jun 2014, 1:08 pm
"On the one hand, we keep hearing that the collection is off limits to creditors. [read post]
11 Oct 2021, 8:27 am
Your mortgage creditor is prohibited by the Court from moving forward with foreclosure once the case has been filed. [read post]
3 Aug 2017, 9:14 am
Risks In a structured settlement, the recipient spouse is taking a role similar to a creditor. [read post]
16 Oct 2023, 8:47 am
However, it is important to note that certain assets may be liquidated to repay creditors, and income eligibility requirements must be met to qualify for Chapter 7 bankruptcy. [read post]
17 Apr 2013, 1:17 pm
The guaranty is personal in nature and the undersigned acknowledges personal liability and consents to having a credit bureau report ordered by the creditor. [read post]
23 Apr 2018, 11:21 am
As a small business owner, you likely do not think of yourself as a creditor. [read post]
2 Oct 2014, 1:40 pm
Defendant also argued that, while it did not obtain consent directly from class members, consent could be implied with respect to some of the members because evidence existed that some of the members gave their cell phone numbers to the underlying creditor. [read post]
12 Nov 2012, 6:59 am
This meeting is called by many names, but is all the same meeting: the 341 Meeting (because section 341 of the Bankruptcy Code requires the meeting); the Trustee’s Meeting (because an interim bankruptcy trustee conducts the meeting); and the Meeting of Creditors (because your creditors are invited to attend, although few ever do). [read post]
24 Nov 2018, 1:30 pm
A Chicago creditor’s rights attorney at Walinski & Associates, P.C., can help you complete your foreclosure sale. [read post]
17 Oct 2015, 2:20 pm
Generally, IRAs are exempt assets in bankruptcy proceedings, and are thus beyond the reach of the bankrupt individual’s creditors. [read post]
27 Sep 2018, 1:45 pm
After a passenger was injured in a taxi and sued YCA as a defendant, some of the defendants here allegedly established defendant TAS to prevent creditors from reaching YCA’s assets. [read post]
22 Mar 2013, 10:47 am
For example, opening a probate estate creates a specific deadline date by which time all creditors must request payment or forfeit their claims. [read post]
31 Jan 2019, 6:09 pm
As a creditor, you are not bound by the terms of a divorce agreement and have the right to pursue repayment of the debt from either spouse after the divorce. [read post]
10 Sep 2009, 4:00 am
Stockman, involving criminal charges brought against officers and directors of Collins & Aikman Corporation (“C & A”) for defrauding investors, banks, and creditors. [read post]
6 Dec 2008, 4:18 pm
In other words, of these approximately 40 creditors, how did they rank in terms of the strength of their contracts. [read post]
16 Aug 2021, 8:25 am
If the creditor has filed a lawsuit If the creditor has filed a lawsuit, the creditor must serve you with a summons. [read post]
16 Aug 2021, 8:25 am
If the creditor has filed a lawsuit If the creditor has filed a lawsuit, the creditor must serve you with a summons. [read post]
6 Jul 2016, 10:00 am
In addition to reorganizing itself, Gawker Media Group’s assets would remain protected from seizure by creditors. [read post]
