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16 Dec 2010, 12:25 am
(Attachments: # (1) Schedule A - Real Property# (2) Schedule B - Personal Property# (3) Schedule C - Property Claimed as Exempt# (4) Schedule D - Creditors Holding Secured Claims# (5) Schedule E - Creditors Holding Unsecured Priority Claims# (6) Schedule F - Creditors Holding Unsecured Nonpriority Claims# (7) Schedule G - Executory Contracts and Unexpired Leases# (8) Schedule H - Codebtors# (9) Declaration Concerning Debtor's Schedules) Statement of Financial Affairs… [read post]
30 Apr 2012, 6:14 pm
Creditors have a limited time in which to file objections in your bankruptcy case. [read post]
1 Aug 2007, 7:41 am
The “good customer” for the credit card companies is one that doesn’t pay his bills. [read post]
8 Jan 2010, 9:30 pm
The 341 Meeting is the part of a bankruptcy proceeding that makes folks the most nervous. [read post]
26 Jan 2011, 7:58 am
The US Bankruptcy Court, Northern District of California has several locations: San Francisco, San Jose, Oakland, Santa Rosa. [read post]
27 Aug 2009, 8:08 pm
Four years ago, the U.S. [read post]
22 Mar 2010, 12:38 pm
Drinker Biddle, O'Melveny, and Akin Gump took a big hit today in a 2-1 ruling at the Third Circuit. [read post]
21 Jan 2010, 1:44 am
The Government's Insolvency Service says: "We maintain the view that in the right circumstances pre-packs can be a useful tool". [read post]
24 Dec 2008, 3:00 pm
The move makes the landlord a secured creditor, freezes a portion of Heller's assets for the landlord, and leaves other unsecured creditors at a disadvantage, essentially waiting in line behind the landlord for dibs on leftover assets. [read post]
14 Oct 2013, 2:34 am
Thereafter, emptying an LLC of assets no longer is a viable tool to escape the LLC’s creditors. [read post]
15 Jan 2014, 10:19 am
The dilemma for creditors is apparent: Without discovery, how can you identify assets that satisfy this criterion? [read post]
7 Jan 2014, 7:15 pm
A 2004 Examination is more in depth and involved than a 341 meeting of creditors. [read post]
5 May 2011, 6:24 am
Chapter 11 bars bankrupt debtors from immediately repaying their creditors, so that the bankrupt firm can reorganize without creditors’ cash demands shredding the bankrupt’s business. [read post]
27 Feb 2009, 2:00 pm
A discharged account must be listed as a zero balance as no money is owed to the defendant/creditor. [read post]
7 Jan 2014, 7:15 pm
A 2004 Examination is more in depth and involved than a 341 meeting of creditors. [read post]
14 Jun 2018, 11:05 am
Second, I need a list of ALL your creditors. [read post]
19 May 2008, 10:33 am
Consumer Debt Settlement companies will work with clients and their creditors in an attempt to lower the overall principal balance, often with the goal being the client making a lump sum payment to satisfy each particular creditor. [read post]
6 Jan 2007, 10:06 am
The Court stated in pertinent part: The filing of a bankruptcy petition invokes a stay of further collection efforts by a debtor's creditors...One exception [to the automatic stay] allows the 'commencement or continuation of a criminal action or proceeding against the debtor'...However, criminal proceedings that are really debt collection proceedings in disguise are not protected [by the automatic stay exceptions]...An action initiated with an intent to force… [read post]
22 Feb 2016, 7:13 pm
One of the differences between corporations and partnerships deals with the rights of the creditor of a shareholder of a corporation versus the rights of a creditor of a partner. [read post]
20 Jul 2012, 11:54 am
While not mandatory in every case they should be discussed with your attorney in every case. 1) Lodge the will (typically a “pour over” will) with the Court in the county the decedent resided in. 2) Send California Probate Code 16061.7 NOTICE to all heirs at law and everybody named in the trust. 3) Gather asset information and prepare an inventory. 4) Gather creditor information and prepare a list for notice. 5) Open probate Court file to accept creditor claims. 6)… [read post]
