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20 Jun 2016, 2:35 pm
Section 727(a)(2) makes non-dischargeable all debt if, in the one year prior to a bankruptcy, the debtor transferred, removed, destroyed, mutilated, or concealed property with the intent to hinder, delay, or defraud a creditor. [read post]
20 Jun 2016, 2:35 pm
Section 727(a)(2) makes non-dischargeable all debt if, in the one year prior to a bankruptcy, the debtor transferred, removed, destroyed, mutilated, or concealed property with the intent to hinder, delay, or defraud a creditor. [read post]
20 Jun 2016, 12:53 pm
Thus, Term Life Insurance is not considered a part of your bankruptcy estate, because there is no “cash value” for your bankruptcy trustee to administer and provide to your creditors. [read post]
20 Jun 2016, 8:58 am
More Secret alternative to bankruptcy Leave a legacy not a pile of debt What you keep despite bankruptcy The post Should You Pay Your Creditors Rather Than File Bankruptcy? [read post]
20 Jun 2016, 7:47 am
Therefore, even though a debtor has filed for bankruptcy protection to deal with his mobile home debt, he may be required to pay other debts and creditors. [read post]
20 Jun 2016, 12:07 am
Agents who rent properties to tenants without doing proper checking Agents who put landlords at risk by failing to protect tenancy deposits Agents who take ‘backhanders’ from tradesman who then pass this cost on to you And agents who spend landlords money on their own expenses and then file for bankruptcy, leaving creditors with nothing Things are getting better, with mandatory membership of redress schemes, and regulations requiring transparency on fees. [read post]
17 Jun 2016, 3:24 pm
Child Support Can Be Enforced as a Creditor’s Claim A recent New Jersey case illustrates how these questions can play out in court. [read post]
17 Jun 2016, 6:05 am
Halper, Orrick, Herrington & Sutcliffe LLP, on Monday, June 13, 2016 Tags: Fund litigation, Fund managers, Fund performance, Jurisdiction, Private equity, SEC, SEC enforcement, Securities enforcement, U.S. federal courts Citigroup: Delaware Court on “Holder Claims” Posted by Meredith Kotler, Cleary, Gottlieb, Steen & Hamilton LLP, on Tuesday, June 14, 2016 Tags: Delaware cases, Delaware law, Derivative suits, Disclosure, Fiduciary duties, Fraud-on-the-Market,… [read post]
16 Jun 2016, 9:15 pm
” Tags: debtor-creditor law Payday lending crackdown continues is a post from Overlawyered - Chronicling the high cost of our legal system [read post]
16 Jun 2016, 1:44 pm
The Bankruptcy Code pre-empts state bankruptcy laws that enable insolvent municipalities to re-structure their debts over the objections of creditors and instead requires municipalities to restructure such debts under Chapter 9 of the Code. [read post]
16 Jun 2016, 9:59 am
Therefore, even creditors whose claims were payable through a different branch may participate in Curaçao insolvency proceedings. [read post]
15 Jun 2016, 11:29 am
Caesars Entertainment Corp. won a temporary halt to potentially crippling court rulings in bondholder lawsuits that accuse the company of unfairly reneging on a promise to repay billions of dollars in debt. [read post]
15 Jun 2016, 4:16 am
Many creditors require some form of security to be given by their debtors to ensure the payment of a debt. [read post]
14 Jun 2016, 1:37 pm
The trustee is responsible for administering the bankruptcy case and to ensure that the debtor pays the appropriate creditors, in the appropriate amounts. [read post]
14 Jun 2016, 6:19 am
The restructuring presented bondholders with a choice between exchanging their bonds for equity and being left with claims against an empty shell by virtue of a foreclosure by secured creditors. [read post]
13 Jun 2016, 11:53 am
This is a legal form that a creditor files with the Registry of Deeds to give notice that it has or may have an interest in the personal property of the debtor. [read post]
13 Jun 2016, 9:35 am
The federal bankruptcy code preempts state bankuptcy laws that enable insolvent municipalities to restructure their debts over the objections of creditors and instead requires municipalities to restructure such debts under Chapter 9 of the code. [read post]
13 Jun 2016, 7:21 am
He noted that the Duffy bill’s approach has been used successfully in other contexts and that the oversight board would have one member from Puerto Rico.Representative Raul Grijalva (D-Ariz), who voted for PROMESA, told members that hedge funds were among the creditors that had hurt Puerto Rico, sparking a crisis that has led to a 44 percent poverty rate and a 13 percent unemployment rate. [read post]
13 Jun 2016, 6:57 am
Why else would this creditor keep bothering him. [read post]
13 Jun 2016, 6:57 am
Why else would this creditor keep bothering him. [read post]