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19 Oct 2009, 5:37 am
Consumers get this result, Nationwide claims, by (1) stopping all payments to creditors, (2) making smaller monthly payments directly to Nationwide, (3) not negotiating personally with creditors, attorneys or collection agencies, and (4) instead authorizing Nationwide to negotiate settlements with creditors, but not immediatelyâ€â [read post]
23 Apr 2012, 2:45 pm
If a creditor fails to file a proof of claim, the creditor will not be paid. [read post]
28 Oct 2011, 7:20 am
Additionally, the decision, which is now on appeal, suggests that a creditor who has a blocking position in a creditor class may be considered an insider of the debtor and have a fiduciary duty to act for the benefit of other creditors within that class, even if the creditor does not sit on an official creditors’ committee appointed in the case. [read post]
14 May 2009, 9:22 am
It enables the rights of senior creditors to be plundered in order to benefit the rights of junior creditors. [read post]
29 Oct 2023, 3:22 pm
The creditors challenged the bankruptcy court’s findings regarding the last factor, focusing on the interests of the debtor’s creditors. [read post]
18 Mar 2013, 8:08 am
In these cases I often discourage bankruptcy and instead write each creditor advising the creditor that my client is judgment proof with no source of funds that can be garnished. [read post]
15 Jul 2013, 5:00 am
Allows a creditor to rely on variations from Fannie Mae or Freddie Mac standards in a written agreement between the creditor, or a direct sponsor or aggregator of the creditor, and Fannie Mae or Freddie Mac. [read post]
13 Jun 2011, 11:05 pm
This change will allow businesses to operate more efficiently without the need for the lengthy creditor protection process in cases where creditors are apparently not at risk. [read post]
24 May 2012, 9:00 am
No creditor sends a complete new, revised copy of the agreement. [read post]
9 Nov 2015, 7:41 am
You can promise each unsecured creditor a certain percentage of their allowed claim: Creditors holding unsecured claims shall receive 20% of their claim. [read post]
27 Oct 2007, 7:03 am
The probate process serves the vital purpose of ensuring that an individual's estate is properly distributed to his or her creditors, heirs and beneficiaries. [read post]
7 Dec 2006, 5:10 am
Yesterday I happened to hear a lecture about the "Protection of family property against creditors in the enlightenment era court of chancery". [read post]
14 Apr 2010, 7:20 am
The Governor of California, who is spending billions more each month than he can raise in taxes, has insufficient funds left to settle outstanding bills and is days away from being forced to start issuing "IOU" notes to creditors and civil servants. [read post]
12 Feb 2008, 12:51 am
Plaintiff Oyler and defendant FIRE entered into a contract providing that FIRE would negotiate settlements from Oyler's creditors in exchange for a fee. [read post]
23 Sep 2008, 2:07 pm
While there was something strangely comforting in knowing that I could have, say, free lifetime dry cleaning in exchange for a private placement memorandum, I knew that my creditors wouldn't be as comforted. [read post]
15 Apr 2019, 2:03 am
The post may be found at: Arrest/Attachment of Vessels in Korean Waters: Maritime Liens for Creditors in Korea. [read post]
24 Feb 2015, 4:00 am
Just before Christmas the Ontario Court of Appeal released a split, 3-2, decision in a case that pitted the privacy rights of judgment debtors against the execution rights of judgment creditors. [read post]
23 May 2010, 7:12 am
It's just the last straw.Three of the most common precipitating factors that make a potential bankruptcy debtor consult with a bankruptcy lawyer in Phoenix or Mesa or Tempe or Chandler are the following: job loss, lawsuit, and trustee's sale (what would be called a mortgage foreclosure in most of the country; that's a little different, but the creditor's goal is the same). [read post]
3 May 2014, 10:33 am
Beyond that, not only is it a lucid explanation of the banking industry’s efforts to limit the ability of creditors to make a fresh start through declaring bankruptcy, it is an account of her extraordinary academic career--one that she achieved without any of the traditional criteria such as academic pedigree, powerful mentors, family connections, prestigious fellowships or judicial clerkships. [read post]
The Three Prongs of Estate Planning: Incapacity Planning, Wealth Transfer and Beneficiary Protection
28 Feb 2010, 1:59 pm
; and (3) beneficiary protection (how do I protect my beneficiaries from creditors, a bad marriage, or even from their own poor spending habits?) [read post]
