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13 Nov 2014, 8:25 am
Only One Large Creditor - sometimes if there is only one creditor, you are just moving the state court case over to the Bankruptcy Court - even worse, the creditor may have more power over you in a bankruptcy case22. [read post]
4 May 2023, 11:42 am
The life insurance exemption is extremely broad and extends not only to the insured’s creditors but to the beneficiary’s creditors. [read post]
5 Jan 2012, 6:00 am
A judgment creditor can learn this by asking the judgment debtor. [read post]
31 Aug 2015, 9:00 am
Creditors’ Committee A committee consisting of unsecured creditors is formed to represent their interests. [read post]
12 May 2020, 11:50 am
The committee represents the interests of all unsecured creditors, not just those of the committee members, with a goal of maximizing unsecured creditor recoveries. [read post]
4 May 2012, 7:00 am
The creditors allege that when the financing that Kann was to assist the corporation with failed to materialize, Kann induced the creditors to forbear on foreclosing upon their interests by assuring that financing was forthcoming. [read post]
13 Jun 2010, 8:21 am
The creditor cannot attach any more than the creditor can get for himself. [read post]
5 Aug 2010, 7:05 am
If there are less than 12 creditors, only one creditor owed at least $10,775 is needed. 2. [read post]
7 Jan 2013, 6:12 am
The Promissory Note outlines the terms and conditions of repayment by the debtor to the creditor, including but not necessarily limited to: the principal amount to be repaid, the interest rate, if any, the parties, the date, the terms of repayment, the maturity date, and the remedies of creditor upon default of debtor. [read post]
16 Aug 2010, 7:11 am
Under Georgia law, a creditor may get a charging lien and other remedies, but the Georgia statute specifically prohibits a creditor from foreclosing a debtor’s membership interest, The law also specifically prohibits a creditor from participating in LLC management which prohibition seems to stop a creditor from forcing the LLC manager to make distributions which could be subject to a charging lien. [read post]
23 Dec 2011, 7:20 am
An OEX under California debtor/creditor law is an Order Of Examination that is issued when a creditor has a judgment. [read post]
5 Jan 2009, 3:58 pm
" An automatic stay is an injunction where creditors have to stop trying to collect debts from you. [read post]
20 Feb 2009, 4:05 am
A creditors meeting is held at court within three weeks.9. [read post]
5 Mar 2012, 1:05 pm
The initial modification of the creditors ability to collect is found at 11 USC Sect. 362. [read post]
8 Jun 2018, 8:55 am
There she has represented creditors, an official committee of unsecured creditors, and other interested parties. [read post]
26 Jan 2011, 12:22 pm
http://bit.ly/gJZtkU Bankruptcy Court in West Virginia claims "related to" subject-matter jurisdiction over (i) an attorneys' lien dispute claimed on the unrelated bankruptcy distributions payable to a creditor in a bankruptcy case and (ii) the underlying fee dispute between the attorney and the creditor. http://bit.ly/fiK56M Read my latest blog post: "Justice Scalia Won't Ransom His Principles to Grant Justice Kagan a Unanimous First… [read post]
17 Jan 2011, 7:36 am
If the home becomes the homestead of the spouse or other family members then they shall also enjoy the same creditor protection from their creditors. [read post]
20 Sep 2011, 1:33 am
Since you’ve made separate agreements with each creditor , any creditor not paid on time is able to initiate collection proceedings. [read post]
7 Dec 2011, 6:05 pm
Creditors who bargained for collateral generally get to keep their lien on the asset despite the bankruptcy. [read post]
15 Aug 2013, 12:58 pm
The section on higher-priced QMs is amended to reflect the new APR threshold for Small Creditor and Balloon Payment QMs. [read post]
