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7 Sep 2012, 7:02 am by Carolynn
To secure a creditor standstill by agreement or a statutory moratorium. [read post]
7 Nov 2010, 9:44 pm by Steve Bainbridge
Concern that shareholders will gamble with the creditors' money is the principal argument for imposing a duty on the board running to creditors when the corporation is in the vicinity of insolvency. [read post]
6 Nov 2012, 6:09 am by Elizabeth Weber
If one creditor is paid in full on the eve of an individual’s bankruptcy filing and another creditor gets nothing, this goal is frustrated. [read post]
25 Aug 2024, 6:00 pm by Yale Hauptman
  They must wait until all creditors present their claims. [read post]
1 Apr 2012, 11:26 am by by Jill Michaux, Topeka Attorney
Related posts: Mortgage Creditor Denied Bankruptcy Attorneys Fees A mortgage creditor may not include attorneys fees in its... [read post]
30 Mar 2011, 4:01 am
Your creditors have to stop contacting the debtor in trying to collect a debt. [read post]
17 Feb 2021, 10:59 am by Timothy B. Lee
Citibank was acting as an agent for Revlon, which owed hundreds of millions of dollars to various creditors. [read post]
18 Aug 2013, 5:51 am by Scott Riddle
Creditors and other parties in Chapter 7 Bankruptcy cases filed in the Eleventh Circuit just got more ammunition from the Court of Appeals to seek dismissal of cases in which the debtor filed only to avoid a single, large debt, even in the absence of fraud or misconduct. [read post]
17 Feb 2009, 1:56 am
Borrowers are sometimes able to restructure their debt outside of bankruptcy, and sometimes give creditors ownership stakes in exchange for reducing or elimination debt. [read post]
6 Oct 2021, 8:40 am by David M. Offen Esq.
But if you have multiple creditors it will be difficult to negotiate debt forgiveness with each of them. [read post]
22 Aug 2018, 7:06 am by Bob Kraft
When a creditor agrees to accept less than the amount you owe to pay off a loan, you have settled the debt. [read post]
29 Sep 2011, 11:36 am
The debtor then brought a separate class action against the creditor, asserting claims that the creditor acted as a debt collector in the State of Maryland without a license and that the creditor unlawfully filed lawsuits against the debtor and others as part of its debt collection practices. [read post]
20 Mar 2024, 9:06 pm by Christopher Hewitt
  Serve all the creditors in a timely fashion As soon as a debtor files for bankruptcy, the debtor or their attorney must notify all of their creditors of the bankruptcy. [read post]
8 Nov 2011, 5:00 am
This behavior comes out of left field for creditors as it requires more time and resources than we'd expect from a creditor. [read post]
8 Mar 2012, 5:07 am
As a result, we hear all kinds of crazy stories about creditors using underhanded tactics to collect on a debt. [read post]