Search for: "Debtors and Debtors in Possession"
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26 Aug 2012, 10:17 pm
A New York Drug Possession Lawyer said the court finds that the daughter is a creditor with standing to object to the discharge of the Texas wrongful death claim. [read post]
22 Aug 2012, 5:00 am
I even spent a day drilling holes in the wall and installing shelves for the large number of books I assumed I would soon possess. [read post]
20 Aug 2012, 5:24 am
Take a look at my current list of “bad boy” carve outs: Unauthorized transfer (note: transfer of voting rights in borrower [or a controlling party of borrower] is an unauthorized transfer) Unauthorized liens Change in entity constituency or control Violation of hedge agreements, letters of credit or other contracts covering additional collateral or debt enhancement Failure to maintain the collateral Violation of key operating licenses or permits Breach of financial covenants… [read post]
16 Aug 2012, 12:08 pm
It continued to operate its business as debtor in possession. [read post]
7 Aug 2012, 3:15 pm
HELM, Debtor. [read post]
5 Aug 2012, 5:15 am
During this process, the trustee takes possession and control of the debtor’s assets and property. [read post]
2 Aug 2012, 6:20 am
The judge said several facts are relevant including whether a motor home is the debtor’s sole residence, whether the debtors’ have a right to possess the lot, whether the motor home is configured to allow long term habitability such as connection to utilities, and whether the home is road-worthy and operational for transportation etc. [read post]
2 Aug 2012, 2:31 am
Comparison USA-Germany I grew up in Germany, lived there for 26 years, then moved to the United States in 1992. [read post]
29 Jul 2012, 9:22 am
A preference is when a bankruptcy trustee or debtor in possession tries to recover pre-bankruptcy debt payments to certain creditors. [read post]
29 Jul 2012, 9:22 am
A preference is when a bankruptcy trustee or debtor in possession tries to recover pre-bankruptcy debt payments to certain creditors. [read post]
29 Jul 2012, 9:17 am
The Chapter 7 Trustee doesn't arrive unannounced at your house in order to poke around your possessions. [read post]
24 Jul 2012, 10:43 pm
Early in 2010, while speaking in Park City, Utah at the American Bar Association’s Conference on Consumer Financial Services, I cautioned the two hundred plus attorneys from financial institutions and mortgage servicers all over the country that were in the audience, that the proverbial pendulum was being allowed to go too far in their direction. [read post]
24 Jul 2012, 8:36 pm
Too often the work is fairly easy because the debtor simply waited too long before seeking asset protection help. [read post]
16 Jul 2012, 12:41 pm
In Ohio, separate hearings are held to determine the issues of whether the property owner is entitled to retake possession of the property from the tenant and the amount of rent and other damages that the tenant owes to the owner. [read post]
13 Jul 2012, 11:26 am
National Prison Project attorney Carl Takei expanded on the problem in this piece, which highlighted our 2010 report documenting the recent rise of debtors’ prisons. [read post]
12 Jul 2012, 6:08 am
Courts look at several factors including: whether the motor home is the debtor's sole residence, whether the debtors= have a right to possess the lot, whether the motor home is configured to allow long term habitability such as connection to utilities, whether the home is road-worthy and operational for transportation etc. [read post]
11 Jul 2012, 9:27 am
After rejecting a contract, a debtor is not subject to an order of specific performance. [read post]
11 Jul 2012, 5:00 am
Often times a debtor will try to minimize their apparent collectability by telling a creditor that, “…the IRS has a lien on everything. [read post]
8 Jul 2012, 11:42 am
This is almost always what you want, if you are a debtor in bankruptcy. [read post]
8 Jul 2012, 6:15 am
Further, unlike international banks, the banks and financial institutions in India do not have power to take possession of securities and sell them. [read post]