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4 Dec 2015, 11:56 am
It is hoped that the new attachment will aid creditors in disclosing correct information, which will decrease the instances in which chapter 13 plans need to be modified post-confirmation to correct arrearage payments, and which also will decrease objections to trustees' notifications of final cure payments. [read post]
4 Dec 2015, 9:47 am
"It was not because the debtor now wants to pay creditors in full. [read post]
4 Dec 2015, 8:08 am
In addition, all creditors of the estate must be notified and provided with an opportunity to file a claim against the estate. [read post]
3 Dec 2015, 2:47 pm
Only number 5, establishing a third-party created and funded special needs trust, is recommended because it will not disqualify the child from receiving means-tested government benefits, it is legally enforceable and it does not subject the assets to creditors of family members. [read post]
3 Dec 2015, 1:33 pm
Despite the court clearly finding that the sole purpose behind purchasing the homestead was to keep the proceeds away from their creditors, the debtors were allowed to claim the homestead property exemption. [read post]
3 Dec 2015, 12:25 pm
Franklin California Tax-Free Trust, 15-255, are creditors of bonds issued by a Puerto Rican public utility. [read post]
3 Dec 2015, 6:00 am
Each Thursday we present a significant excerpt, usually from a recently published book or journal article. [read post]
3 Dec 2015, 12:14 am
Creative thinkers have come up with ways to use the court system to defeat or at least delay or avoid creditors. [read post]
2 Dec 2015, 1:51 pm
Today Handling a New Jersey back tax matter can be difficult especially when you owe other taxing authorities and creditors. [read post]
2 Dec 2015, 1:51 pm
Today Handling a New Jersey back tax matter can be difficult especially when you owe other taxing authorities and creditors. [read post]
2 Dec 2015, 9:21 am
So if a creditor has already filed suit against you, then the bankruptcy petition will stop the creditor from doing anything with it. [read post]
2 Dec 2015, 7:48 am
But in Chapter 13, where there might be a tiny distribution to unsecured creditors, the creditor without notice keeps his claim. [read post]
1 Dec 2015, 4:22 pm
Your bankruptcy trustee and your creditors can't take anything from you that is exempt. [read post]
1 Dec 2015, 1:20 pm
For example, any debtor whose status was lower than that of his creditor was forced into slavery. [read post]
1 Dec 2015, 8:24 am
The purpose of registered capital is to provide some notice to creditors of the capital adequacy of the company. [read post]
1 Dec 2015, 8:08 am
It will be fascinating to see what the committee decides as it endeavors to balance the comments by the different constituencies, the consumer debtors, the consumer creditors, the Chapter 13 Trustees and the Bankruptcy Judges. [read post]
1 Dec 2015, 7:23 am
Thus, due diligence for lessors, secured parties and creditors requires digging a little deeper—ideally with the assistance of an attorney—to look into the relevant state and territorial mechanics lien laws. [read post]
1 Dec 2015, 5:45 am
Sometimes, the creditor doesn’t bother. [read post]
30 Nov 2015, 2:31 pm
The amount of debt reported by those seeking debt relief has remained unchanged in recent years, but the average number of creditors continues to rise. [read post]
30 Nov 2015, 12:46 pm
And more specifically, you are likely trying to manage an enormous amount of unsecured debt (such as credit cards, medical bills, payday loans, creditor judgments, etc.). [read post]
