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29 Apr 2015, 12:32 pm
Financial stress in agriculture creates numerous legal issues. [read post]
12 Aug 2020, 7:24 am
The theory has been put to the effect by the Hon’ble Supreme Court of India in the matter of Committee of Creditors of Essar Steel India Limited vs. [read post]
10 Feb 2014, 5:50 am
Confirmation of a Plan bars creditors from going after that entity for anything other than what the Plan provides. [read post]
15 Feb 2011, 7:40 am
Iowa: Average consumer debt is $14,099, to five creditors. [read post]
23 Nov 2011, 9:47 am
Keep in mind that, under long standing Tennessee law, the fact that a creditor did not know about the death of the person who owed the creditor money is immaterial. [read post]
18 Jul 2020, 2:51 am
As matters stand, the EEO Regulation continues to apply and continues to cause particular difficulties for debtors (and also creditors, enforcement authorities and the CJEU), whether in the Member State of origin or in the Member State addressed. [read post]
12 Apr 2020, 2:09 pm
For example, assume the following: Debtor pays Creditor $10,000 on July 5 Debtor pays Creditor $15,000 on July 7 Creditor provides $12,500 worth of goods or services to Debtor on July 10 Debtor pays $15,000 to Creditor on July 15 Creditor provides $75,000 worth of goods and services to Debtor on July 21 Debtor pays Creditor $75,000 on July 31 Debtor files bankruptcy on August 1 In the above example, Creditor has received… [read post]
7 Jun 2010, 8:47 am
[2] If a lawsuit is pending against the decedent when he died, do you still need to file a separate creditor claim against his estate? [read post]
20 Oct 2011, 2:16 pm
If you opt for the latter option (i.e. you allow the creditor to sell the car), then the creditor will sell the car to the highest bidder. [read post]
29 Sep 2023, 3:31 pm
A committee of unsecured creditors, chaired by the Creditor, was appointed to oversee ECF’s activities. [read post]
3 Oct 2011, 7:54 am
Circuit Court of Appeals has ruled the homestead exemption applies to proceeds from personal property sold with a debtor’s house unless the money was segregated from the sale or was used to pay off creditors. [read post]
4 Jan 2012, 8:23 am
One important advantage of the Massachusetts Chapter 13 bankruptcy is that it offers you the chance to bring down the amount that you owe to your creditors. [read post]
12 Sep 2011, 12:45 pm
Since the filing of a bankruptcy petition includes an automatic stay - a court order prohibiting all creditors from collecting against debts held by the debtor - the filing often results in providing the bankruptcy client with some temporary or even permanent relief. [read post]
6 Mar 2019, 11:28 am
This week PG&E appeared in bankruptcy court to answer questions under oath put to it by wildfire survivors and other creditors. [read post]
8 Dec 2010, 8:00 am
If you need to file a bankruptcy, you are often the subject of a trustee's sale, a lawsuit or five, and at least a million harassing creditor phone calls. [read post]
22 Jul 2019, 11:28 am
The third-party collector tradelines consist of those reported by debt buyers and those reported by non-buyers (i.e. where the debt is still owned by the original creditor). [read post]
1 Mar 2017, 6:06 am
This means they are available to satisfy creditors’ claims. [read post]
13 Jan 2017, 7:57 am
If the debtor can get the money, the trustee contends, so can a bankruptcy trustee for the benefit of creditors. [read post]
23 May 2011, 7:30 am
Trusts can be set up to manage assets for those who are minors, spendthrifts, or have special needs; to ensure that assets in the trust ultimately pass to one’s children in the case of a blended family or if a surviving spouse remarries; or to protect trust assets from creditors and potential lawsuits against the beneficiaries. [read post]
22 Jul 2011, 6:32 am
This is bad news, in part because creditors in this situation can end up with a judicial lien -- a court order giving them an interest in a property, often a home. [read post]
