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13 Jul 2015, 1:04 pm
BRUSSELS — After grueling, often angry negotiations that tested the limits of European unity, Greece struck a preliminary rescue deal with its creditors Monday that should avert an imminent financial catastrophe but also guarantees years more hardship and sacrifice for its people. [read post]
29 Sep 2014, 11:00 pm
Prior to July 2014, a judgment creditor only needed to take a few simple steps in order to obtain a perfected judicial lien against all of a judgment debtor's non-exempt personal property: a. [read post]
5 Jul 2007, 12:41 pm
What happens if you leave a creditor off your bankruptcy petition? [read post]
10 Oct 2007, 6:31 am
The first thing to know is that in order to garnish your wages or take money in an account, a creditor MUST have a judgment in hand from a lawsuit. [read post]
22 Aug 2009, 2:16 pm
Indeed, for creditors who violate the automatic stay, there no longer appears to be a good faith exception due to new “consumer protections. [read post]
22 Oct 2009, 9:47 am
Joe Kristan has a very important post today about a Tax Court ruling that says creditors need more than a 1099-C to fix the amount of a debtors debt cancellation income. [read post]
29 Sep 2014, 11:00 pm
Prior to July 2014, a judgment creditor only needed to take a few simple steps in order to obtain a perfected judicial lien against all of a judgment debtor's non-exempt personal property: a. [read post]
17 Jan 2014, 1:06 pm
What happens when a creditor has a judgment against you? [read post]
16 Dec 2007, 6:27 pm
Pro-creditor bankruptcy reform has failed and lenders who push easy credit on weak borrowers should be punished, usury rates restored, according to consumer finance commentators. [read post]
1 Dec 2008, 8:19 pm
However creditors may sell property after a bankruptcy discharge is granted via repossession or foreclosure if a default under state law has been triggered allowing the sale of collateral for the loan. [read post]
19 Jan 2016, 5:22 am
§ 506(c), permits a trustee to recover from a secured creditor the expenses the trustee incurred while maintaining a property during bankruptcy. [read post]
10 Oct 2007, 4:11 pm
There are two things that you must have with you when you go to the 341 creditor’s meeting: The first is a state issued photo identification card. [read post]
9 Nov 2008, 2:54 pm
However creditors may sell property after a bankruptcy discharge is granted via repossession or foreclosure if a default under state law has been triggered allowing the sale of collateral for the loan. [read post]
16 Oct 2018, 11:20 am
This automatic stay is a court order that bars creditors from doing most anything to collect on a pre-petition debt with debtor. [read post]
3 Feb 2020, 12:49 pm
The good news is that in Illinois, generally, the creditors of the deceased person have no rights against the money paid out by a life insurance policy to the beneficiaries. [read post]
6 Feb 2020, 5:47 am
Ultimately, a spendthrift trust is a useful tool when the grantor wants to limit access of the assets to the beneficiary, avoid probate for the assets listed in the trust, and protect certain assets from creditors. [read post]
18 Apr 2020, 1:44 pm
The Governor has wisely ordered that any Oregonian's CARES check be free from garnishments by creditors (except for restitution garnishments for criminal justice debts) during the COVID-19 emergency. [read post]
23 Jun 2011, 1:07 pm
In the context of bankruptcy the lien causes the creditor to become a secured creditor. [read post]
20 Nov 2012, 9:13 pm
Do creditors have any protection against the automatic stay? [read post]
9 Apr 2015, 1:10 pm
The surviving spouse can avoid liability by the other spouse by so agreeing with each creditor. [read post]