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21 Jul 2009, 7:06 am
The leading cause of the credit crisis was widespread uncertainty over insurance giant AIG's losses speculating in credit default swaps (CDS), a kind of derivative bet that particular issuers won't default on their bond obligations. [read post]
1 Dec 2010, 4:35 am
As Sarah Cole and I documented in 2008, arbitration rules require scrutiny of creditors' claims even when the debtor defaults on the legal process; as a result, while debtors nearly invariably lose in claims court, a substantial number win reductions in debt even when they default. [read post]
10 Dec 2008, 3:35 pm
The trial court improperly denied his motion to set aside default judgment. [read post]
29 Jun 2021, 9:48 am
Adopt data protection by design and by default. [read post]
29 Aug 2007, 2:00 pm
After conciliation, at the retailer's request, the payment default listing was removed from the complainant's consumer credit file. [read post]
26 Aug 2010, 8:19 am
If there is no timely response filed, then a default will be issued against your spouse and you may proceed with your divorce through the default process and have an uncontested hearing without your spouse. [read post]
29 Jun 2011, 10:09 am
A default doesn't question the validity of the debt. [read post]
9 Jul 2008, 3:52 pm
While many feel that the problem lies in the improvident extension of credit, evidence suggests that much of the profit gained by the credit card industry lies in extending credit to people more likely to default, such as the elderly. [read post]
30 Apr 2014, 9:07 am
The AG’s second amended complaint would add an allegation that the defendants knew but failed to inform prospective students that a majority of students enrolled in the academic program default on the in-house financing. [read post]
8 Dec 2010, 8:03 am
The Florida court ruled that Wyrick only partially attained her HTO status from her financial defaults. [read post]
24 Sep 2008, 12:31 pm
The $58 trillion notional market in credit default swaps - double the amount outstanding in 2006 - is regulated by no one. [read post]
13 Dec 2018, 2:10 am
The foreclosure process begins with the lender filing a Notice of Default (NOD) with the county recorder. [read post]
20 Feb 2010, 5:14 pm
Among the material information withheld: • In exchange for promissory notes, the pool would lend money to third parties • When issuers of the promissory notes defaulted, the pool sustained losses • Even after one note went into default, FFI charged a monthly management fee to participants • FFI redeemed its interest in the pool • FFI wrote off notes but did not give participants specifics about the write-offs The NFA also accused FFI of not filing an… [read post]
25 Jun 2012, 7:59 am
In June 2009, MERS assigned the deed of trust to OneWest, which recorded a notice of default. [read post]
27 Jul 2016, 3:10 am
While this business may have been in breach of duties to clients and employees, it was not “in default” for the purposes of the 1984 Act. [read post]
18 Jul 2017, 7:05 am
He missed his mortgage payments and a Notice of Default was recorded. [read post]
7 Feb 2009, 5:06 pm
A company that buys the debt - the "new owner" - IS subject to the FDCPA if it bought the debt when the debt was in default. [read post]
24 Aug 2010, 5:39 am
The Court, in rejecting this claim, eliminated, or at least gutted, the futility doctrine to excuse procedural default. [read post]
24 Sep 2009, 7:23 am
On September 15, 2009, the Vermont Public Service Board (“the Board”) issued an Order establishing interim standard offer contract prices for small-scale renewable generators under the SPEED program, as required by the Vermont Renewable Energy and Efficiency Act of 2009 (“the Act”) (the subject of two prior posts).The Board adopted default interim prices stated in the statute for all resources except farm methane, for which it established a higher interim price.In… [read post]
14 Oct 2021, 8:09 am
If you fail to respond, the person/company will file for a default judgment. [read post]
