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22 Dec 2008, 8:21 pm
Trustee may appoint another committee to represent a distinct class of creditors, such as secured creditors, employees or subordinated bondholders. [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]
28 Oct 2009, 2:13 pm
NPPI's DIP credit facility was satisfied in full, the Term A lenders received approximately $99.5 million, and the Creditors' Committee received approximately $2 million for the benefit of general unsecured creditors. [read post]
5 Jan 2012, 12:55 pm
This may work with large creditors whose failure to participate in a debt exchange could trigger a Greek default, but may not persuade smaller creditors, who will be told that their claims will continue to be fully serviced if they do not participate in the exchange. [read post]
19 Mar 2012, 2:42 pm
Such exempt assets are kept from distribution to the debtor’s creditors. [read post]
15 Mar 2010, 8:10 pm
Fraudulent transfer actions are creditor remedies; they are part of the creditor’s array of tools used to collect judgments. [read post]
9 Sep 2010, 12:00 pm
Creditors don’t have to settle. [read post]
2 Apr 2012, 2:00 pm
This can be a double edged sword because an increase in income can cause more money to go to unsecured creditors, but a decrease in income can cause the unsecured creditors to be paid less. [read post]
23 May 2019, 8:36 am
” When 85.8 percent of creditors agreed to an exchange of bonds proposed by Greece, the remaining 14.2 percent of the creditors were compelled to participate in the agreement. [read post]
26 Feb 2013, 5:21 am
In order for the Creditor to obtain an encumbrance on the automobile title, the Creditor and Debtor will enter into a security agreement, wherein the Debtor grants the lien encumbrance in favor of the Creditor and authorizes the lien. [read post]
26 Feb 2013, 5:21 am
In order for the Creditor to obtain an encumbrance on the automobile title, the Creditor and Debtor will enter into a security agreement, wherein the Debtor grants the lien encumbrance in favor of the Creditor and authorizes the lien. [read post]
1 Oct 2010, 10:24 pm
The client was told that the creditor would be contacted and the debt would be resolved. [read post]
3 Sep 2012, 2:07 pm
By using a trust deed, the debtor transfers their estate to the trustee to be held on trust for the benefit of creditors. [read post]
30 Sep 2011, 5:01 pm
Under Florida law a debtor’s future interest in a trust is not subject to creditor attack; a creditor cannot levy upon trust assets until the assets are actually received by the debtor. [read post]
9 Dec 2010, 4:08 am
Automatic creditor claims cutoff. [read post]
11 Dec 2015, 8:32 am
The current Saudi law is totally creditor-oriented and limited to encouraging creditor-by-creditor settlement. [read post]
29 Sep 2010, 10:27 am
Section 608.433(4) does not establish the exclusive remedy for judgment-creditors of single-member LLCs. [read post]
29 Jun 2021, 10:29 am
Second, your retirement accounts are very likely protected from your creditors in bankruptcy. [read post]
15 Jul 2012, 2:17 pm
If the debtor does not have sufficient monthly disposable income to make the required payment to creditors that must be paid, the case will be dismissed or thrown out. [read post]
13 Dec 2011, 1:00 am
Or maybe the debtor does not want a specific creditor to know that they have filed for bankruptcy, so they do not want to list that creditor. [read post]
