Search for: "Debtors and Debtors in Possession"
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12 Jun 2012, 9:46 pm
The UCC defines a lease as a transfer of rights to possession and use of goods for a term in return for consideration, but a sale, or creation of a security interest is not a lease. [read post]
12 Jun 2012, 2:13 pm
§ 33-801 to 821) “When parties execute a deed of trust and the debtor thereafter defaults, A.R.S. [read post]
12 Jun 2012, 2:13 pm
§ 33-801 to 821) “When parties execute a deed of trust and the debtor thereafter defaults, A.R.S. [read post]
11 Jun 2012, 10:24 am
Plaintiffs, Kelvin and Holly Knaub (the “Knaubs”) filed adversary proceedings against debtor Robert Golba in his bankruptcy proceeding and against debtor Greg Rollison in his separate bankruptcy proceeding. [read post]
10 Jun 2012, 5:22 pm
If the trustee or debtor in possession agrees with the claimed amount, the creditor has a claim in that amount. [read post]
9 Jun 2012, 10:00 am
The Court further concluded that since a future interest in real property is descendible, devisable, and alienable to the same degree as estates in possession, the debtors’ interest is therefore an ownership interest and thus exemptible. [read post]
8 Jun 2012, 7:59 am
The debtor, in this case Avram Perry, signed a contract in 2004 with Chase that gave him possession of a 2001 Nissan Pathfinder. [read post]
7 Jun 2012, 12:49 pm
When this happens the asset simply returns to your possession, at which point you could transfer ownership. [read post]
5 Jun 2012, 5:42 pm
The other party in the incident is now your creditor, and you are a debtor. [read post]
5 Jun 2012, 5:42 pm
Second, how many times have you seen a debtor agree to exercise his rights in favor of a creditor? [read post]
5 Jun 2012, 5:41 pm
DISCLAIMER: I am an attorney and a CPA, however I am neither your attorney nor your CPA, and therefore no communications between us are covered by attorney-client or accountant-client privilege unless you possess a signed document which states that I currently represent you as an attorney or a CPA. [read post]
5 Jun 2012, 5:41 pm
Under N.J.S.A. 25:2-23: A debtor is insolvent if the sum of the debtor's debts [after any purported transfer of assets] is greater than all of the debtor's assets, at a fair valuation. [read post]
5 Jun 2012, 5:05 am
The Creditor/Plaintiffs asserted class action tort claims in 2008 against the Debtor/Defendants in Florida state court for damages due to Debtors' operation of a cemetery known as Graceland. [read post]
1 Jun 2012, 8:00 am
Her house remains in her possession, but its future is uncertain. [read post]
31 May 2012, 11:49 am
News accounts of the hearing on the first-day motions in the Dewey & LeBoeuf bankruptcy reported that the secured lenders whose cash collateral the liquidating debtor-in-possess must use to wind down its affairs asked for a lien on avoidance actions (popularly known as “clawbacks” although I would subtract points on a bankruptcy final exam from any student who used that term) as additional collateral. [read post]
31 May 2012, 3:23 am
In the case that a debtor has substantial equity in the home, bankruptcy will most likely not be a good fit for that debtor. [read post]
30 May 2012, 3:28 am
Haywoode alleges, and the Debtor admits, that the Debtor's failure to file a summons and complaint on behalf of Dr. [read post]
24 May 2012, 10:00 pm
In some cases, however, the house may be the only debt the parties possess or the additional debt may only be in the filing debtor's name. [read post]
24 May 2012, 3:00 pm
In addition, Chapter 11 does not require a trustee and the person running the bankruptcy is known as the “debtor in possession. [read post]
24 May 2012, 8:06 am
When an involuntary Chapter 7 filing is made, the company can also respond with its own voluntary Chapter 11 filing and take control over the case as a debtor in possession. [read post]
