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8 Aug 2024, 5:58 pm by jaxlawcenter
Creditor objections: Any creditors who have filed objections will have an opportunity to present their concerns to the judge. [read post]
5 Dec 2017, 6:16 pm by Nicholas Gebelt
Third, if you had paid the creditor, the money would have been taxable income to the creditor. [read post]
4 Mar 2010, 4:20 am by Durga Rao
It’s a good move actually as otherwise the shareholders of a Company or creditors of the Company may feel as if they are not supported by law and I have heard the expression of few of creditors of a Company in Liquidation and their enormous problems in the course. [read post]
19 Jul 2010, 11:48 am by Patrick
This general rule applies whether or not the transfer was done to defraud a creditor or creditors. [read post]
12 Aug 2010, 4:26 pm by blacklobellolaw
Related posts:The Automatic Stay In Bankruptcy What is the Meeting of Creditors? [read post]
8 Jul 2010, 6:06 pm by Michael S. Anderson
In a chapter 7 bankruptcy, non exempt assets are "liquidated" or distributed to creditors based on the order of creditor importance (at least according to congress). [read post]
17 Mar 2011, 4:22 am
The theory behind setting debt limits in a Chapter 13 is to protect creditor interests. [read post]
19 Sep 2011, 11:55 am
This may be illegal and our Jacksonville Consumer Law Attorney may be able to make the creditor stop their collection activities against you and sue the creditor for any damages. [read post]
11 Jul 2011, 8:18 am by Thomas McAvity
The end result of this decision is that a certain set of Chapter 13 debtors, who may have previously had to pay out tens of thousands of dollars to their unsecured creditors over the course of a five year period, may now file a Chapter 13 for just long enough to pay off their secured creditors and pay nothing at all to their unsecured creditors. [read post]
20 Nov 2015, 6:44 am by Ken Laino
  If a creditor obtains a judgment against you, the creditor can generally get your S Corporation stock fairly easily. [read post]
1 Nov 2011, 5:12 am by Milen Hristov
This makes collection of any creditor’s money difficult since the court fees for the bankruptcy administrator for both companies has to be paid by its creditors. [read post]
19 Jan 2010, 12:07 pm
No other humans are involved, so no-one else can stop the bankruptcy from occurring.However, any creditor may object to your bankruptcy ending. [read post]
18 Aug 2011, 2:26 pm
The trustee, of course, is obligated in any case to re-acquire assets which duly and rightfully belong to creditors of the debtor. [read post]
9 Dec 2010, 2:24 am by sally
Revenue and Customs Comrs v Maxwell and another [2010] EWCA Civ 1379; [2010] WLR (D) 219 “The amount of a creditor’s claim against a company in administration and the characterisation of the company’s debt to the creditor were to be assessed under r 2.38(4) and (5) of the Insolvency Rules 1986 at the date of the administration, not the date of the creditors’ meeting, but the chairman’s powers of quantification under rr 2.39(1) and (3) and… [read post]
18 Dec 2008, 8:15 am
December 17, 2008: Plans - Debtor could not modify confirmed plan to relieve her of any further payment obligation.A Chapter 13 debtor who, because the secured claims that were filed differed from her projections, had satisfied the secured and priority claims in less than the 60 months originally planned would not be allowed to modify her confirmed plan to relieve her of any obligation to make any further payment to unsecured creditors, though the unsecured creditors may have… [read post]
15 Apr 2008, 10:43 pm
Statement as to whether Chapter 7 case is presumptively abusive must be filed within ten days of first meeting date.The "date of the first meeting of creditors," as that phrase is used in a bankruptcy statute requiring the United States Trustee (UST), no later than 10 days after the date of the first meeting of creditors, to file a statement indicating whether the debtor's Chapter 7 case is presumptively abusive, refers to the first meeting date, and not to the date… [read post]
4 Feb 2008, 8:19 pm
The present case addressed the situation where a debtor entered into a written contract with a creditor (in this case, a law firm) which contract waived the debtor's homestead protection in the event the creditor took legal action to collect the debt. [read post]