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A creditor attempted to garnish funds of two spendthrift trusts which were being held by a trustee for the debtor’s benefit. [read post]
8 Sep 2011, 9:19 am
CML may be correct that in insolvency creditors become the ultimate risk bearers in LLCs. [read post]
17 May 2017, 7:20 am by Ed. Microjuris.com Puerto Rico
The Bank has already been sued by hundreds of COFINA creditors in New York state courts. [read post]
7 Nov 2011, 3:00 pm
Should I pay off the creditors first or keep paying my 'staple' bills like my mortgage Read More... [read post]
30 May 2016, 9:50 am by Aslam Moosajee
Giving notice of the application to the creditors does not cure the failure to cite the creditors as parties to the application. [read post]
3 Aug 2009, 4:45 am
  Even though it is called the meeting of creditors and even though your creditors will receive notice of the meeting, it is highly unlikely that they will show up. [read post]
14 Aug 2015, 4:30 pm by Scott Brinkman
A creditor judgement entitles the creditor to retrieve delinquent funds owed to it in one of three main ways: 1) a wage garnishment (which is the most common method); 2) by placing a lien upon a major asset (such as a piece of real estate); or 3) by placing a lien upon your bank account. [read post]
27 Apr 2020, 8:57 am by John B. Palley
  Do you want to negotiate with the creditors and pay reduced amounts to each? [read post]
30 Aug 2012, 6:15 pm
MUST AN ASSIGNEE FOR THE BENEFIT OF CREDITORS GIVE NOTICE TO CREDITORS BEFORE SELLING THE ASSIGNOR'S ASSETS? [read post]
19 Dec 2014, 5:17 am by Kevin LaCroix
Creditors often attempt to argue that as companies move into the “zone of insolvency,” directors’ duties move from the company’s shareholders to the company’s creditors. [read post]
26 Apr 2012, 1:00 am
; andIs the creditor an unsecured creditor, a priority creditor or a secured creditor? [read post]
24 May 2007, 5:42 am
In bankruptcy, the parties who bear the burden of the remedy are the defendant's creditors. [read post]
21 Sep 2012, 6:31 am by Jonathan Alper
The decedent’s creditor sought to require the trustee to pay from the living trust the life insurance proceeds to the extent necessary to satisfy the creditor’s money judgment against the decedent. [read post]
15 May 2024, 10:00 pm
However, it poses challenges for existing creditors, who must take affirmative steps to ensure the continued effectiveness of their existing security rights. [read post]