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16 Dec 2015, 10:44 am
If you or your bankruptcy attorney send the creditor a certified letter, an e-mail, or some other proof that the creditor has been put on notice that will usually suffice as evidence that a creditor is violating the law willingly and knowingly which opens the door to actual damages and even punitive damages being available in extreme circumstances. [read post]
16 Dec 2015, 9:45 am
These can be great estate planning vehicles because: (i) a trust agreement isn’t a public document; (ii) assets within irrevocable trusts are shielded from creditors and from inheritance claims of spouses of the adult children named as heirs; and (iii) an irrevocable trust represents a “finalized” estate planning decision—which guarantees that particular assets transfer to a parent’s biological children. [read post]
16 Dec 2015, 5:31 am
The above is the result when the WFOE does not owe any taxes, fees, salaries or debts to creditors. [read post]
15 Dec 2015, 2:53 pm
Filing an answer will help you avoid a default judgment and allow for you to buy time and force the law firm to produce paperwork from the original creditor showing you owe the debt. [read post]
15 Dec 2015, 1:01 pm
Filing an answer will help you avoid a default judgment and allow for you to buy time and force the law firm to produce paperwork from the original creditor showing you owe the debt. [read post]
15 Dec 2015, 11:48 am
Birkenhauer – Employment & LaborEmily Kirtley Hanna – Creditor Debtor RightsJustin Knappick – Civil Litigation: PlaintiffChristopher B. [read post]
15 Dec 2015, 10:55 am
This is what I like to call probate light, as there are fewer requirements (no inventory, no notice to creditors. etc.) and its great for everyone. [read post]
15 Dec 2015, 5:56 am
All company assets must be used to pay creditors in accordance with the liquidation procedure. [read post]
14 Dec 2015, 12:07 pm
She also assists debtors, creditors, bankruptcy trustees and others assess, manage and resolve labor and employment, employee benefits and insurance, payroll and other compensation related concerns arising from reductions in force or other terminations, mergers, acquisitions, bankruptcies and other business transactions including extensive experience with multiple, high-profile large scale bankruptcies resulting in ERISA, tax, corporate and securities and other litigation or enforcement… [read post]
14 Dec 2015, 4:00 am
First I found this on a Better Business Bureau site: The BBB has been informed the following information: Effective immediately, Luxury Link LLC aka Luxury Link Travel Group has ceased all operations and entered into a General Assignment for the Benefit of Creditors (ABC), following which all of its assets will be sold. [read post]
12 Dec 2015, 11:27 am
Filing an answer will help you avoid a default judgment and allow for you to buy time and force the law firm to produce paperwork from the original creditor showing you owe the debt. [read post]
11 Dec 2015, 1:58 pm
It also may be possible to recover your garnished wages by simply sending the creditor a demand letter. [read post]
11 Dec 2015, 12:57 pm
Second issue: A debtor must pay to their unsecured creditors (ie. credit card debt), pro rata, no less than the amount of their unexempt assets. [read post]
11 Dec 2015, 10:18 am
She also assists debtors, creditors, bankruptcy trustees and others assess, manage and resolve labor and employment, employee benefits and insurance, payroll and other compensation related concerns arising from reductions in force or other terminations, mergers, acquisitions, bankruptcies and other business transactions including extensive experience with multiple, high-profile large scale bankruptcies resulting in ERISA, tax, corporate and securities and other litigation or enforcement… [read post]
11 Dec 2015, 9:06 am
Earlier this year, Hansmeier filed for Chapter 13 bankruptcy, which enables a debtor to pay creditors over several years. [read post]
11 Dec 2015, 8:32 am
The current Saudi law is totally creditor-oriented and limited to encouraging creditor-by-creditor settlement. [read post]
11 Dec 2015, 8:00 am
An interested person generally includes beneficiaries under the Will admitted to probate, legal heirs of the estate and creditors of the estate. [read post]
10 Dec 2015, 9:35 am
Classes Of Creditors As part of the Chapter 11 plan, the debtor must divide the creditors up into classes. [read post]
10 Dec 2015, 7:55 am
A bondholder that extended funds based on there being co-liable guarantors could find itself being a creditor of only an asset-less issuer, while all of the issuer's assets are looted by the parents of the now-released guarantors. [read post]
10 Dec 2015, 7:54 am
Judge Federman departed from the all-too-prevalent view of debtor-creditor relationships which put the interests of the creditor ahead of the debtor’s long term need to provide for his old age. [read post]