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16 Apr 2019, 3:12 pm
And if the homeowner defaults, the mortgage entitles the creditor to pursue foreclosure, which is ‘the process in which property securing a mortgage is sold to pay off the loan balance due’… Every state provides some form of judicial foreclosure: a legal action initiated by a creditor in which a court supervises the sale of the property and distribution of the proceeds. [read post]
24 Oct 2016, 6:25 pm by Law Lady
  Bankruptcy -- Claims -- Objections -- Rule 3001(c) objections, asserting that proofs of claim did not attach a copy of writing upon which claims are based, lack merit -- Creditor was not required to prove that its claims are based on an open-end or revolving consumer credit agreement -- Objections to claims, which were scheduled as undisputed in amounts identical to amounts asserted by creditor in its proofs of claim, are not good faith objections -- Objections to claims on… [read post]
16 Apr 2019, 3:12 pm
And if the homeowner defaults, the mortgage entitles the creditor to pursue foreclosure, which is ‘the process in which property securing a mortgage is sold to pay off the loan balance due’… Every state provides some form of judicial foreclosure: a legal action initiated by a creditor in which a court supervises the sale of the property and distribution of the proceeds. [read post]
3 Feb 2020, 3:34 pm
Minnesotans who have filed either Chapter 7 or 13 Bankruptcy ought to be aware of a scam that is becoming more pervasive. [read post]
7 Mar 2009, 6:40 pm by Carl Starrett
If a creditor does not agree to the proposal, the creditor can sue you to obtain a judgment and garnish your wages and take your assets. [read post]
21 May 2007, 10:48 am
  If the creditor has the consumer's prior consent, the creditor may send the consumer an AAN via e-mail. [read post]
3 Dec 2014, 7:57 am by Cathy Moran
Homestead superior to a judgment creditor Homesteads protect homeowners from a particular kind of creditor- the judgment creditor. [read post]
11 Jan 2012, 3:02 pm
The remaining creditors, credit cards and mortgage, are Class 8 creditors and will be paid last. [read post]
28 Mar 2014, 7:00 am by F. Javier Arias Varona
For instance, a large creditor could impose unfair conditions that hurt its competitors in the short term, allowing the creditor a competitive advantage. [read post]
22 Jan 2022, 4:11 am by Cristina Mariottini
It considered that only creditors with an enforceable title should have access to it. [read post]
4 May 2021, 3:21 am by CMS
BTI argued “that directors owe a duty to consider the interest of creditors in any case where a proposal involves a real, as opposed to a remote, risk to creditors”. [read post]
10 Apr 2012, 11:33 am by James Hamilton
Credit-bidding ensures that, if collateral is sold, the secured creditor can get the property securing its claim if the creditor values it more highly than other bidders do. [read post]
7 Nov 2019, 12:22 pm by Walker & Walker Law Offices
Judgments do not go away as creditors can continue to renew them once they expire. [read post]
18 Jun 2010, 9:10 am by Joseph C. McDaniel
Under chapter 11, a plan is said to be in the "best interest of creditors" if creditors would receive as much under the plan as they would if the debtor were liquidated. 11 U.S.C. [read post]
15 Sep 2011, 4:39 pm by Atty. Gregory A. Holbus
  (2)  Because your debt to income ratio, who your creditors are, and how much your creditors are owed (regardless of class) may very well have a material impact on your case and how it is administered. [read post]