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4 May 2016, 8:06 am
If the plaintiff is to be believed in this regard, then, incredibly, the bankruptcy attorney failed to advise him that the Federal Rules of Bankruptcy Procedure, Rule 4004(b), allow a creditor to contest the dischargeability of a debt by filing “a complaint . . . objecting to the debtor’s discharge . . . no later than 60 days after the first date set for the meeting of creditors under section 341(a)” or as extended by the Court. [read post]
4 May 2016, 7:30 am
. #2 Inflexible calculation of required payments The Bankruptcy Code says that a Chapter 13 debtor must devote all of his disposable income to repaying creditors for 3 or 5 years, depending on his prior annual income. [read post]
4 May 2016, 6:27 am
SMITH, as Treasurer of Powell County, the unknown heirs, unknown devisees and unknown creditors of each of the above described individual Defendants who may now be deceased; and all other persons, unknown, claiming or who might claim any right title, estate or interest in or lien or encumbrance upon the real property described in the complaint adverse to Plaintiff’s title thereto, whether such claim or possible claim be present or contingent, Defendants, WAYNE S. [read post]
4 May 2016, 4:00 am
AODR is a creditor/vendor dream, truly. [read post]
4 May 2016, 12:00 am
Appellate Court’s Analysis Section 408.040 RSMo governs post-judgment interest in Missouri and is intended to compensate a judgment creditor owed monetary damages for the judgment debtor’s delay in satisfying the judgment pending an appeal. [read post]
3 May 2016, 12:49 pm
The CFPB recently published a fact sheet for small creditors operating in rural or underserved areas. [read post]
3 May 2016, 7:35 am
The Chapter 7 discharge has wiped out most of those creditors and the remaining creditors are ones you want/need to pay anyway. [read post]
3 May 2016, 3:50 am
Is the child a creditor in the process of enforcement if the decision for child maintenance has been issued in the parents’ matrimonial proceedings? [read post]
2 May 2016, 9:05 pm
“Why We Could not Bail Out Mortgage Borrowers” [Arnold Kling] Here come the Wall Street pay clawback rules [John Carney/WSJ MoneyBeat Blog, more, yet more] Jesse Fried on “Rationalizing the Dodd-Frank Clawback” [SSRN via Bainbridge] Price controls on credit card interchange fees: “the folks who supported the Durbin amendment [to Dodd-Frank] should be ashamed of themselves” [Bill Isaac, quoted by Kevin Funnell] New light on whether Treasury handling of Fannie… [read post]
2 May 2016, 12:43 pm
Haight (the “Haight Declaration”), Midstates has filed a restructuring support agreement which has been executed by over 74% of each class of Debtors’ secured creditors. [read post]
1 May 2016, 10:58 pm
The repayment plan is designed to allow creditors to recoup their money from a debtor over a pre-determined period of time, usually 3 to 5 years. [read post]
1 May 2016, 1:15 pm
The Florida constitution protects a Florida homestead from claims of creditors of the owner. [read post]
30 Apr 2016, 9:49 pm
Quit Paying Unsecured Creditors With your attorney’s approval, stop making payments to credit card companies, medical bill collections agents, and other creditors who hold unsecured debt. [read post]
29 Apr 2016, 11:53 am
The term “creditor” as used in this blog refers to such creditors, only. [read post]
29 Apr 2016, 5:57 am
You would want to protect these assets from being taken away, legally or illegally, by creditors, predators, and others. [read post]
28 Apr 2016, 4:59 pm
A district court ruling elaborating upon the robust causality requirement also could assist creditors in defending against ECOA claims. [read post]
28 Apr 2016, 12:41 pm
It can be most stressful and overwhelming when creditors are on the hunt for their money. [read post]
28 Apr 2016, 7:29 am
Make arrangements to appear at the first meeting of creditors. 2. [read post]
28 Apr 2016, 3:01 am
It provides as follows: (1) If in the course of the winding up of a company it appears that any business of the company has been carried on with intent to defraud creditors of the company or creditors of any other person, or for any fraudulent purpose, the following t [read post]
28 Apr 2016, 3:00 am
Supreme Court ruling The Supreme Court unanimously ruled in that the ex turpi causa principle (the defence of illegality) cannot be raised against a company when the wrongful activities of the company’s directors and shareholders cannot be attributed to the company, in a decision that provided immediate and welcome relief to insolvency practitioners and creditors. [read post]
