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9 May 2008, 4:43 pm
They argued that the November 7 order was final in "a section 2-1402 proceeding [citation proceeding by a judgment creditor] and that, therefore, under Rule 304(b)(4), it was immediately appealable without a special finding [under Rule 304(a)]" Because the appeal was filed more than 30 days after the November 7 order, the lawyers argued, the appellate court did not have jurisdiction over the case. [read post]
28 Jun 2017, 6:58 am
Shareholders can be creditors as well as owners. [read post]
16 Mar 2011, 1:48 am
The two largest secured creditors, DZ Bank and WestLB, are owed approximately $118 million and $41 million, respectively. [read post]
5 Jun 2012, 10:04 am
Creditors understand bankruptcy. [read post]
24 Mar 2012, 9:34 pm
Preferential debt payment is any payment made to a creditor within 90 days (or insider within 1 year); prior to the bankruptcy petition being filed that gives the creditor more than the creditor would receive in a chapter 7-bankruptcy case. [read post]
5 Jun 2012, 10:04 am
Creditors understand bankruptcy. [read post]
3 Aug 2024, 6:26 pm
Description of Treatment for Each Class of Creditor: Each class of creditor is outlined in detail, specifying how they will be treated within the reorganization plan. [read post]
1 May 2019, 9:01 am
Can Creditors Avoid An Automatic Stay? [read post]
7 Sep 2012, 9:29 am
Although the trustee does not officially represent any of the creditors in a bankruptcy case, his main function is to make sure that the creditors get paid as much as possible given the debtor’s particular circumstances. [read post]
7 Jul 2011, 2:18 pm
Do not let the creditor bully you into a decision. [read post]
7 Jul 2011, 2:18 pm
Do not let the creditor bully you into a decision. [read post]
14 Sep 2016, 7:42 am
Original creditors are free from federal scrutiny. [read post]
18 Jun 2013, 12:02 pm
IF your state’s law provides for notice to creditors upon dissolution and some provision for Creditors to place claims, and IF A gave notice to all its creditors that it was dissolving so that the creditors could file timely claims, any CREDITORS who did not timely file a claim lose. [read post]
2 Mar 2012, 1:00 am
Generally, secured creditors get paid in full and unsecured creditors get paid what's left, your disposable income, if anything of your paycheck after paying living expenses and secured creditors. [read post]
17 Dec 2011, 9:46 am
A secured creditor has a lien on the debtor’s assets. [read post]
11 Oct 2007, 11:57 am
Although it is referred to as the "Meeting of the Creditors", it is unlikely that any of your creditors will actually attend the Meeting. [read post]
4 Apr 2011, 8:00 am
Once a judgment is taken against you, the creditor has changed it's position from an unsecured creditor (in the case of a particular credit card companies), to a secured creditor. [read post]
13 Jun 2011, 12:57 pm
And the creditor or any collector can't try and collect it from you. [read post]
9 May 2012, 2:42 pm
It prohibits the creditor from collecting from the debtor, which includes lawsuits, garnishments, collection letters, etc. [read post]
14 Mar 2012, 9:14 am
If a creditor attorney filed a notice of prior to the hearing the debtor’s attorney would withdraw the claim before the hearing; if the creditor did not appear at the hearing- as often happened- the claim was stricken. [read post]
