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All company assets must be used to pay creditors in accordance with the liquidation procedure. [read post]
20 Sep 2015, 8:14 am by Thomas G. Heintzman
  If jurisdiction over recognition and enforcement proceedings were dependent upon the presence of assets at the time of the proceedings, this may ultimately prove to only benefit those debtors whose goal is to escape rather than answer for their liabilities, while risking depriving creditors of access to funds that might eventually enter the jurisdiction…..In today’s globalized world and electronic age, to require that a judgment creditor wait until the foreign… [read post]
And what we are seeing more of these days is the situation where a Chinese manufacturer shuts down and one of the manufacturer’s creditors swoops in to take the foreign company’s mold. [read post]
19 Sep 2015, 4:02 am by Sam Turco
 While a person is in Chapter 13 creditors may not garnish paychecks or bank accounts. [read post]
18 Sep 2015, 10:47 am by Benjamin Christenson
In 2014, a state court judge froze hospital accounts after two creditors claimed that Riverside owed them more than $7 million. [read post]
18 Sep 2015, 7:00 am by Cathy Moran
 Your interest doesn’t go to your partner’s creditors. [read post]
17 Sep 2015, 11:54 am by Matt Van Steenkiste
Professionals at Mary Jane Elliott P.C. represent creditors and are experts at finding you and turning your money over to creditors, be it through bank garnishments, wage garnishments, judgments, or repossession. [read post]
17 Sep 2015, 9:44 am by Staci Hershey
It eventually causes family fighting and the chance of losing a portion of your estate to creditors. [read post]
16 Sep 2015, 4:55 pm by Thompson & Knight LLP
But the Trustee was in a different position of a judicial lien creditor who could void a security interest that need not have misled or even been capable of misleading anyone. [read post]
16 Sep 2015, 3:33 pm by Bradley Rank
The Court also cited the fact that one of the Company’s largest creditors insisted upon the Company making a $11 million pre-transaction payment as security for the creditor to continue to do business with the Company. [read post]
16 Sep 2015, 1:43 pm by Kendal Sanders
If you think this approach is possible for you, you must then consider whether you can emotionally deal with the lingering debt and harassing telephone calls you most definitely receive from your creditors until you have paid everything off. [read post]
16 Sep 2015, 1:43 pm by Kendal Sanders
If you think this approach is possible for you, you must then consider whether you can emotionally deal with the lingering debt and harassing telephone calls you most definitely receive from your creditors until you have paid everything off. [read post]
16 Sep 2015, 9:45 am by Marsha Tesar
Most states have waiting periods for creditors to respond,  during which time the probate estate can’t be distributed—and that's only if an individual's affairs are in order. [read post]
16 Sep 2015, 4:00 am by Administrator
Sometimes, successful recognition and enforcement in another forum is the only means by which a foreign judgment creditor can obtain its due. [read post]
15 Sep 2015, 10:02 pm by Dan Flynn
Creditors filed more than $200 million in claims during PCA’s bankruptcy proceedings. [read post]
15 Sep 2015, 5:06 pm by Cyrus Farivar
Amongst Leap's creditors are investors, lawyers, and even Kelly’s Truck Repair, of San Leandro, California. [read post]
15 Sep 2015, 11:01 am by WOLFGANG DEMINO
World Law allegedly told consumers to stop paying their debts and instead make a single monthly payment to the company, which its lawyers would use to negotiate debt settlements with creditors. [read post]
15 Sep 2015, 9:00 am by Scott A. Chernich
” This three-part series will cover what to do as a creditor if you receive a bankruptcy notice in a Chapter 7, Chapter 11 or Chapter 13 bankruptcy. [read post]