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15 Jan 2016, 10:27 am
Quoting Walton J in Burston Finance Ltd v Speirway Ltd [1974] 1 WLR 1648 at 1652B-C, the principle of subrogation was outlined as such: “[W]here A’s money is used to pay off the claim of B, who is a secured creditor, A is entitled to be regarded in equity as having had an assignment to him of B’s rights as a secured creditor. [read post]
15 Jan 2016, 9:00 am
15 Jan 2016, 7:15 am
Data brokers, platforms, analytics companies, e-tailers, ad networks, advertisers, creditors, employers, and others that are looking to Big Data to help make decisions and to develop, offer, and market products and services should look to the Report for guidance. [read post]
15 Jan 2016, 6:56 am
A debt free spouse with a prenuptial agreement is insulated from loss of wages or property in their name to their spouse’s creditors. [read post]
14 Jan 2016, 4:09 pm
Any other creditor is estopped by 42 U.S.C. [read post]
14 Jan 2016, 2:58 pm
If you are a creditor using big data analytics in a credit transaction, are you complying with the requirement to provide statements of specific reasons for adverse action under ECOA? [read post]
14 Jan 2016, 11:34 am
So, predictably, his estate spawned countless lawsuits, including a feud over royalties with Death Row -- which claimed his estate owed millions back to it despite more than $70 million worth of album sales -- dozens of creditors, and even an estate battle between his mother and his absentee father. [read post]
14 Jan 2016, 10:42 am
The cited section provides that when a multiple-advance loan to finance the construction of a dwelling may be permanently financed by the same creditor, the construction phase and the permanent phase may be treated as either one transaction or more than one transaction. [read post]
14 Jan 2016, 8:31 am
This is usually the case because personal loans and lines of credit are the most common forms of unsecured debts (and sometimes these creditors will make it sound as if they will not be discharged, which is terribly misleading). [read post]
14 Jan 2016, 8:30 am
The claims of the estate's creditors must be paid. [read post]
14 Jan 2016, 2:13 am
The heirs will be the ultimate beneficiaries but these amounts are also available to the decedent’s creditors. [read post]
13 Jan 2016, 3:39 pm
Thus, the creditor has a claim against the car. [read post]
13 Jan 2016, 10:52 am
The Direct Air bankruptcy trustee filed numerous lawsuits on behalf of creditors. [read post]
13 Jan 2016, 7:43 am
If the creditor exercises the second option, then it must file a complaint with the local court. [read post]
13 Jan 2016, 7:40 am
If the creditor exercises the second option, then it must file a complaint with the local court. [read post]
13 Jan 2016, 6:38 am
Under state laws, the executor would be required to notify creditors, and they would be given a certain period of time to come forward seeking payment from the assets in the estate. [read post]
12 Jan 2016, 4:16 pm
Sun River was delisted[6], and was placed into bankruptcy by its creditors. [read post]
12 Jan 2016, 2:08 pm
It is federal law, and although states may pass laws governing many aspects of debtor-creditor relationships, they may not regulate bankruptcy. [read post]
12 Jan 2016, 10:42 am
The basic financial goal of an organization is to be able to convert revenue into cash as soon as possible, and at the same time, extend payment of their liabilities to creditors as long as contractually possible. [read post]
12 Jan 2016, 7:50 am
Yes, there may be no distribution to unsecured creditors. [read post]
