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7 Mar 2014, 8:22 am
Instead, significant exemptions protect certain categories of the debtor's property from creditors throughout the bankruptcy. [read post]
12 Jul 2021, 11:28 am by David Friedman
Part 1—Chapter 13 BasicsPart 2—Benefits of Chapter 13Part 4—The Chapter 13 Process Chapter 13 involves paying your disposable income to creditors over a three or five-year period. [read post]
20 Jul 2013, 3:03 pm by Charles (Chuck) Rubin
Fourth, the failure to withdraw may constitute a contribution to the trust for local creditor protection laws and divorce laws – thus potentially exposing the nonwithdrawn assets and other trust assets to increased creditor and divorce risk. [read post]
11 Oct 2021, 8:35 am
In exchange, you must surrender non-exempt property which the bankruptcy trustee will sell and use the funds to pay your unsecured creditors. [read post]
7 Feb 2023, 6:18 am
Fortunately, with patience and persistence, it is possible to restore good standing with creditors again. [read post]
12 Feb 2015, 5:00 am by Steven M. Regan
The amendments create a number of issues for creditors in commercial transactions and individuals and businesses engaging in the transfer of equity interests, bonds or other assets of a business. [read post]
23 Dec 2012, 8:08 pm
This means that they can file bankruptcy and as long as they stay current on their mortgage, no creditor will be interested in trying to take away their home because it will be of no value to the creditor. [read post]
4 May 2018, 8:10 am by John Jascob
Finally, the proposal would also amend the definition of "audit client" for a fund under audit to exclude funds that otherwise would be considered affiliates of the audit client (Auditor Independence with Respect to Certain Loans or Debtor-Creditor Relationships, Release No. 33-10491, May 2, 2018). [read post]
14 May 2015, 5:37 am by Kenneth Vercammen Esq. Edison
If, after universal succession is approved, a creditor or devisee were not paid or secured, in addition to suing the successor directly, the creditor or devisee could move for appointment of a personal representative to administer the estate properly. [read post]
4 Nov 2013, 12:22 pm by Douglas J. Wood
  Over what funds do those secured creditors have a right to assert a claim? [read post]
1 Nov 2012, 2:40 pm
For many living on pensions and social security it is difficult to make ends meet especially with creditors that unilaterally increase interest rates or charge penalties for missed payments. [read post]
15 Sep 2015, 11:01 am by WOLFGANG DEMINO
World Law allegedly told consumers to stop paying their debts and instead make a single monthly payment to the company, which its lawyers would use to negotiate debt settlements with creditors. [read post]
15 Nov 2013, 3:32 pm by Mary E. Hodges
  The $120,000 settlement was essentially enough to pay the fees of the trustee ‎and his counsel and enable a distribution to the creditors. [read post]
12 Feb 2015, 5:00 am by Steven M. Regan
The amendments create a number of issues for creditors in commercial transactions and individuals and businesses engaging in the transfer of equity interests, bonds or other assets of a business. [read post]
10 Dec 2019, 10:15 am
  And the opposite situation can occur as well, with creditors of an alleged beneficial owner of a property arguing against the inclusion of the property in the estate of the bankrupt legal owner so as to keep it out of the hands of the bankrupt’s creditors. [read post]
10 Dec 2019, 10:15 am
  And the opposite situation can occur as well, with creditors of an alleged beneficial owner of a property arguing against the inclusion of the property in the estate of the bankrupt legal owner so as to keep it out of the hands of the bankrupt’s creditors. [read post]
29 May 2013, 2:30 pm by JP
There are also some more paperwork to deal with, as well as dealing with creditors claims. [read post]