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7 Jul 2016, 8:41 am
What happens if the creditor, such as the social security administration, owes the debtor benefits after the bankruptcy discharge? [read post]
7 Jul 2016, 7:47 am
You’ve become the creditor’s insurance. [read post]
7 Jul 2016, 7:19 am
The aim of the Act is to protect creditors from a vendor selling its assets without first paying its debts owed to creditors. [read post]
7 Jul 2016, 5:00 am
Creditors of your estate can files claims during the probate process. [read post]
7 Jul 2016, 4:00 am
All you need to know as a lawyer, a banker, a creditor, a vendor, a buyer, and a debtor is that blockchain eliminates transaction disputes. [read post]
6 Jul 2016, 5:47 pm
If you are in a position where you are forced to renegotiate with your creditors in an effort to stave off seeking bankruptcy protection, there are some things you need to be aware of and pitfalls that you should avoid at all costs. [read post]
6 Jul 2016, 12:05 pm
Debtors filed a Plan and Disclosure Statement that called for a 25% distribution to unsecured creditors other than the two secured creditors of Wetdog. [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]
6 Jul 2016, 4:44 am
It’s an even “greater obstacle for creditors,” answers New York trust and estate lawyer Gideon Rothschild. [read post]
6 Jul 2016, 4:00 am
Creditors can lose large sums of money, which may not have been risked if the creditors knew the true financial condition of the company. [read post]
6 Jul 2016, 3:07 am
Plaintiff received a notice of the bankruptcy filing, which showed the other creditor having a first lien, which plaintiff was already aware of. [read post]
6 Jul 2016, 3:07 am
Plaintiff received a notice of the bankruptcy filing, which showed the other creditor having a first lien, which plaintiff was already aware of. [read post]
5 Jul 2016, 9:09 am
’” The creditor’s right to foreclose on the mortgage is an equitable remedy for the debtor’s default on the underlying obligation.) [read post]
5 Jul 2016, 3:01 am
One consequence is that sovereign debt restructurings (SODRs), are difficult, often traumatic, experiences for the sovereign debtors and their populations and frustrating and potentially costly for their creditors. [read post]
2 Jul 2016, 7:34 am
Even if they do file for bankruptcy, victims of drunk driving accidents are creditors who must be paid regardless. [read post]
1 Jul 2016, 1:49 pm
US employers using staffing company or other temporary workers face substantial liability for failing to properly manage safety and Occupational Health & Safety Act (OSHA) obligations owed with respect to temporary or other contract labor workers, as demonstrated by the $3.42 million in fines that the U.S. [read post]
1 Jul 2016, 12:23 pm
Employers, employee benefit plan fiduciaries and others caught violating Federal employment, employee benefit, and a wide range of other laws and regulations ranging from the Fair Labor Standards Act (FLSA) to the Employee Retirement Income Security Act (ERISA), and many other Federal Labor and employment laws should brace for increased civil penalties and other changes in the calculation of these penalties under interium rules just released by the DOL. [read post]
30 Jun 2016, 11:28 am
So they've survived the initial shock, and are likely positioned to hang on for at least a few more years.He also agrees with me that there'll likely be more co-ops down the tubes in the near future, with perhaps a handful or so left standing a year from now.So, Thank You to Richard, and we'll leave you with a line from his December post that I believe is the best precis of the ObamaTax yet:"In the long run, the insurers will be made whole, or at least the creditors of… [read post]
30 Jun 2016, 9:20 am
The provision at issue required the consent of all the debtor’s LLC members to file for bankruptcy, including the consent of a member that was a secured creditor holding one unit of ownership in the debtor’s LLC which it bargained for and received pursuant to a forbearance agreement. [read post]
30 Jun 2016, 9:20 am
The provision at issue required the consent of all the debtor’s LLC members to file for bankruptcy, including the consent of a member that was a secured creditor holding one unit of ownership in the debtor’s LLC which it bargained for and received pursuant to a forbearance agreement. [read post]
