Search for: "Debtors and Debtors in Possession" Results 81 - 100 of 1,709
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5 Jan 2023, 10:09 am
Wages – Wages earned by the debtor are generally exempt from liquidation during Chapter 7 bankruptcy. [read post]
30 Dec 2022, 11:40 am
When a Chapter 7 bankruptcy is filed by an elderly debtor, all of the debtor’s property in their “possession, custody, or control” is part of the bankruptcy estate. [read post]
23 Dec 2022, 6:36 am by Edelboim Lieberman Revah PLLC
Courts also explain, in a Chapter 11 bankruptcy case “the debtor in possession must pay a quarterly fee to the U.S. trustee for each quarter of a year until the case is converted or dismissed. . . . [read post]
12 Dec 2022, 10:56 am by Rebecca Tushnet
Debtor Windstream and Charter are competing telecommunications service providers. [read post]
12 Dec 2022, 1:05 am by Aaron Moss
The debtor typically remains “in possession” and may continue to operate its business. [read post]
2 Dec 2022, 7:39 am by Adam Levitin
  Additionally, while Jones has filed for Chapter 11, where the default setting is that the debtor retains control of his assets as a debtor in possession, there is the possibility of the appointment of a trustee to take over his assets. [read post]
14 Nov 2022, 5:30 am by Danielle Lin
Under section 362(b)(22), a landlord may continue an eviction proceeding against a debtor to obtain possession of residential property, but only if a judgment was obtained against the debtor before the filing date. [read post]
10 Nov 2022, 5:25 am
However, a creditor may use a citation to discover assets to gain information about money or property that is in a debtor's possession, and they may seek a non-wage garnishment order that will allow them to seize any non-exempt assets in order to collect a judgment that is owed. [read post]
26 Oct 2022, 3:00 am by michael
This is a legal protection that goes into place when a debtor declares bankruptcy. [read post]
17 Oct 2022, 7:37 am by Edelboim Lieberman Revah PLLC
Courts explain, following a discharge in bankruptcy: “[T]he debtor is no longer legally required to pay any debts that are discharged. [read post]
27 Sep 2022, 11:04 am by Kyle Persaud
If you pay this amount before confirmation, you may regain possession of the property. [read post]
12 Sep 2022, 5:30 am
Whether debtors are allowed to keep their recreational toys, which are often not exempt, nor considered necessary for the debtor to possess, depends upon the circumstances and type of bankruptcy that is filed. [read post]
11 Sep 2022, 11:54 pm by NWDRLF
Chapter 13, or reorganization bankruptcy, is a powerful tool for debtors to keep their possessions, reclaim control of their financial lives, and get a meaningful fresh start. [read post]
6 Sep 2022, 7:51 am
When the debtor’s property is in the possession of a third person (such as a financial institution), the judgment creditor may serve the writ of execution and the notice of levy upon the third person. [read post]
25 Aug 2022, 9:11 am by Sarah Baumgartel
And because the MVRA empowered the government to reach any property “in which the debtor has a substantial nonexempt interest,” allowing the government to “step[] into the defendant’s shoes, acquiring whatever rights the defendant himself possesses” to property, the funds were fair game for the government. [read post]
New Financing Package Is Still No Guarantee of Financial Recovery for 27,000 L Bond Investors The Texas Southern Bankruptcy Court has approved a new debtor-in-possession financing package for GWG Holdings. [read post]
14 Aug 2022, 6:21 pm
Foreclosure - If a debtor has defaulted on a home mortgage, a creditor may be able to take possession of the home and sell it through an auction. [read post]