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21 Mar 2016, 6:40 am
In Chapter 13, the role of creditors in approving a plan is much smaller. [read post]
21 Mar 2016, 6:25 am
These trusts are not only a great way to pass assets outside of probate, but also allow assets to be protected from creditors. [read post]
21 Mar 2016, 4:00 am
Under the proposed plan of reorganization, all non-asbestos creditors will be paid in full and EnPro will retain ownership of OldCo and GST.The settlement also contemplates the dismissal and exchange of broad mutual releases in GST’s adversary proceedings pending against several asbestos plaintiff law firms alleging violations related to the concealment of evidence by those firms, which dismissal and releases would become effective upon entry of a final order confirming the plan of… [read post]
21 Mar 2016, 3:28 am
In 2005, Luciano Bonanni sued his business partners in a profitable limited liability company that provides MRI scanners to hospitals and management services to an affiliated radiology practice. [read post]
21 Mar 2016, 3:28 am
In 2005, Luciano Bonanni sued his business partners in a profitable limited liability company that provides MRI scanners to hospitals and management services to an affiliated radiology practice. [read post]
21 Mar 2016, 3:28 am
In 2005, Luciano Bonanni sued his business partners in a profitable limited liability company that provides MRI scanners to hospitals and management services to an affiliated radiology practice. [read post]
18 Mar 2016, 10:45 am
From State v. [read post]
18 Mar 2016, 9:17 am
An involuntary bankruptcy is the procedure that is filed by creditors who are attempting to collect their money. [read post]
18 Mar 2016, 7:53 am
Putting aside the potential tax implications, if any, with passing on an account with an easily ascertainable value, passing on an IRA can strip the IRA of its legal protections, such keeping it from the reach of judgment creditors. [read post]
18 Mar 2016, 2:45 am
A spendthrift provision could be included, and assets in the trust would be protected from the creditors of the beneficiaries. [read post]
17 Mar 2016, 8:19 pm
With regard to the plaintiff’s plea for equitable relief under § 3-803(e), the court found that such relief was only available to a creditor whose claim had not been prosecuted within the time set forth by § 3-803(a) or (b). [read post]
17 Mar 2016, 9:33 am
Surely, most creditors would prefer chapter 9 to the Recovery Act. [read post]
17 Mar 2016, 8:07 am
The one action rule in California provides that any creditor who uses the power of sale in a deed of trust on real property gives up the right to sue for any deficiency. [read post]
17 Mar 2016, 7:24 am
New York Debtor and Creditor Law, Article 10, is the state law governing fraudulent transfers. [read post]
17 Mar 2016, 5:00 am
Creditors must be contacted during the probate process, and they are given a certain period of time to come forward seeking satisfaction. [read post]
17 Mar 2016, 2:00 am
It also eliminates some of the potentially negative issues like creditor’s being able to access the assets because your child does not actually own the assets. [read post]
16 Mar 2016, 7:30 am
It’s this kind of provision that takes most pension plans and 401(k) arrangements out of the reach of creditors. [read post]
15 Mar 2016, 2:28 pm
The court stated that “successor liability does not lie” where the transaction is not fraudulent as to unsecured creditors. [read post]
15 Mar 2016, 2:14 pm
Thus, the grantor hopes to put the trust assets beyond the reach of his or her creditors. [read post]
15 Mar 2016, 2:14 pm
Thus, being “available” under federal Medicaid trust law means that the Trustee can make a payment to or for the settlor under the terms of the trust, which would allow a creditor of the settlor to reach the assets under state debtor-creditor law, as the SJC had concluded in Cohen. [read post]
