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26 Sep 2020, 12:10 pm by Richard Symmes
In a chapter 13 bankruptcy, your 341 meeting of creditors is scheduled in about 45 days after your case is filed and creditors may file claims in your bankruptcy case to be paid through your plan as soon as your case is filed. [read post]
” If you are a debtor and a creditor sues you and gets a judgment against you, the assets that you own can be sold to pay that creditor. [read post]
If the claims of the creditors are not satisfied, the debtor may still owe some of the creditors and will not receive a discharge. [read post]
6 Apr 2021, 9:11 am by Cathy Moran
Some survive if the creditor challenges the discharge. [read post]
16 Mar 2012, 12:20 pm by Timothy P. Flynn
Payments within 90 days to any creditor, or 1 year to “Insiders” (think family, and business associates), called preferences in bankruptcy-speak, may be avoided and used to pay all creditors. [read post]
28 Nov 2011, 11:14 am by blacklobellolaw
If a creditor is a current creditor when the transfer of the asset to the NAPT occurs, the creditor must bring suit against the property transfer within two (2) years of the transfer or within six (6) months after the creditor discovers, whichever is later. [read post]
16 May 2012, 2:03 am by gregbond
Attends The Creditors Meeting Debtors must attend the creditors’ meeting and answer questions under oath from the creditors and the Trustee regarding finances and the proposed terms of the plan. [read post]
11 Apr 2022, 3:45 am by NWDRLF
Trustee encourages interested unsecured creditors to organize a creditors’ committee and play an active role in pushing the case forward. [read post]
4 Nov 2014, 10:00 am
The creditor is not seeking a personal judgment for the unpaid balance of a loan, but instead seeks to enforce additional security secondarily liable for the principal loan. [read post]
7 Aug 2023, 7:21 pm
Neglecting to Enumerate All Creditors During bankruptcy filings, it is crucial to include all creditors. [read post]
10 Sep 2014, 9:36 pm by Jordan Bublick
In this case, the Court applied the party aggrieved doctrine to avoid the Chapter 13 trustee's objections to an attorney fee settlement as the unsecured creditors were being paid 100%. [read post]
16 May 2022, 1:46 pm
If your spouse says he or she will pay off a joint debt but fails to do so, a creditor may pursue you for payment. [read post]
21 Sep 2023, 7:00 am by Jack Bogdanski
If the creditors' efforts are fruitful, the old folks will have to live off their law professor pensions and Social Security. [read post]