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28 Oct 2015, 6:00 am by Gerry W. Beyer
The American Bar Association is presenting a CLE entitled, Creditor's Rights in Decedent's Estates Including Non Probate Transfers, Tuesday November 17, 2015, 12:00-1:30pm Central, online. [read post]
27 Oct 2015, 2:21 pm by Editorial Board
The outline states that: The restructuring regime should provide the basic protections of bankruptcy: a stay on creditor collection actions, priority for new private short-term cash flow financing, and voting by creditor classes on any proposed restructuring. [read post]
27 Oct 2015, 1:59 pm by Luke W. Welmerink, Attorney
How creditors prove fraudulent transfer If a creditor can prove that you have moved your assets to avoid liability, your assets may be seized, even after they have been transferred. [read post]
27 Oct 2015, 7:07 am by badmin
You are also concerned about how your creditors are going to deal with this. [read post]
27 Oct 2015, 7:04 am by Cathy Moran
 That means that the debtor loses nothing to the bankruptcy trustee on behalf of creditors. [read post]
27 Oct 2015, 4:00 am by John Gregory
Will a creditor want to seize a car that has been unofficially modified in undetectable ways? [read post]
26 Oct 2015, 9:45 am by Marsha Tesar
Ignore Claims Against the Estate - Creditors cannot be ignored unless a court says to do so. [read post]
26 Oct 2015, 6:44 am by WynnAndWynn
Pelote | Partner Open-end mortgages in Rhode Island are a useful security tool for creditors in an effort to secure any and all outstanding obligations a creditor may have with a commercial debtor. [read post]
26 Oct 2015, 5:44 am by Admin
A creditor may extend the window to litigate a claim only by filing timely a formal claim in an estate administration. [read post]
25 Oct 2015, 6:50 am by Jordan Bublick
 The article reviews a situation where creditors filed a petition for an involuntary chapter 11 bankruptcy on January 12, 2015 against Caesars Entertainment in the Bankruptcy Court in Delaware and then three days later Caesars Entertainment filed a voluntary chapter 11 case in the Bankruptcy Court of the Northern District of Illinois.The Delaware Bankruptcy Court referred to this as a situation of  "parallel proceedings. [read post]
24 Oct 2015, 12:31 pm by Thomas McAvity
Debtors who wished to hold creditors accountable were forced to foot the bill. [read post]
24 Oct 2015, 9:56 am by Cathy Moran
 Judges found themselves with few levers against creditors behaving badly. [read post]
24 Oct 2015, 8:59 am
This type of trust protects beneficiaries from creditors, bankruptcy and future ex-spouses because assets belong to the trust, not the beneficiary. [read post]
Mendel An estate planning attorney is usually retained during probate to help ensure that the creditor notification, evaluation, and payment process is accomplished in full compliance with the probate laws of the State of Texas. [read post]
23 Oct 2015, 6:34 am by Kelly Phillips Erb
Even as Greece hashed out an agreement with its creditors, there were whispers that something wasn’t right. [read post]
22 Oct 2015, 8:00 pm by John Ehrett
Ritz 15-145Issue: Whether the “actual fraud” bar to discharge under Section 523(a)(2)(A) of the Bankruptcy Code applies only when the debtor has made a false representation, or whether the bar also applies when the debtor has deliberately obtained money through a fraudulent-transfer scheme that was actually intended to cheat a creditor. [read post]
22 Oct 2015, 1:45 pm by Scott Brinkman
For instance, if you own a car that is paid in full (like a 2012 Honda, with no loan against it), then a Ch7 Bankruptcy Trustee will take that car, sell it, and use the proceeds to pay towards your unsecured creditors. [read post]