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26 Sep 2023, 8:06 am
Notification to beneficiaries and creditors. [read post]
25 Sep 2023, 12:40 pm
Hensarling.Reserve Your Seat NowRaleigh, NCBusiness, Construction, & Creditor's Rights AttorneysVaried backgrounds and expertise of dedicated attorneys and staff providing clients with effective and efficient legal advice and representation throughout North Carolina.Learn MoreJames R. [read post]
25 Sep 2023, 9:00 am
In connection with its convening of a panel of small businesses to provide input on potential regulatory actions, the CFPB released an outline of its proposals to use its rulemaking authority under the Fair Credit Reporting Act (FCRA) to cover data brokers and prohibit the use of medical debt collection data in making credit decisions. [read post]
24 Sep 2023, 8:49 pm
Debt collection can be a challenging and time-consuming process for creditors. [read post]
24 Sep 2023, 10:43 am
The automatic stay prohibited the foreclosing creditor from finalizing the sale. [read post]
23 Sep 2023, 5:28 pm
You have a signature loan with the same creditor for $10,000. [read post]
22 Sep 2023, 3:45 pm
The automatic stay prevents creditors from seeking payment, and creditors who violate the automatic stay can face penalties as a result. [read post]
22 Sep 2023, 10:23 am
It is alleged that debts of nearly £10 million were not disclosed to its investors and creditors and that the company’s cash position was overstated by £30 million. [read post]
22 Sep 2023, 5:00 am
PC) had secured a money judgment against a party, it was unable to collect against the debtor because her asset, an Individual Retirement Account, was exempt by law.Upon the debtor’s death, however, S.A. claimed that the funds were longer shielded from creditors and that the “gratuitous transfers” made from her IRA account comprised “fraudulent conveyances,” but the New York County Supreme Court disagreed and denied S.A. [read post]
21 Sep 2023, 9:01 pm
Consumer Financial Protection Bureau Director Rohit Chopra stated that creditors should be able to explain the reasoning for an adverse decision and that there “is no special exemption for artificial intelligence. [read post]
21 Sep 2023, 5:44 pm
It is also not related to the creditor protections Florida confers on homestead property. [read post]
21 Sep 2023, 7:00 am
If the creditors' efforts are fruitful, the old folks will have to live off their law professor pensions and Social Security. [read post]
20 Sep 2023, 11:43 am
The recent Circular begins with the following question presented: “When using artificial intelligence or complex credit models, may creditors rely on the checklist of reasons provided in CFPB sample forms for adverse action notices even when those sample reasons do not accurately or specifically identify the reasons for the adverse action? [read post]
20 Sep 2023, 10:54 am
All of your creditors get listed in the bankruptcy petition so as soon as the bankruptcy petition is filed, the court will mail your creditors the 341 meeting of creditor’s notice. [read post]
20 Sep 2023, 8:09 am
While filing for Chapter 7 or Chapter 13 bankruptcy cannot result in recovering on missed savings opportunities, it can help you to discharge past-due taxes, unsecured debts such as medical bills and credit cards, end creditor harassment and more. [read post]
19 Sep 2023, 2:50 pm
This action seeks to hold them accountable for their misconduct and recover assets for the Debtors' creditors," the lawsuit claimed. [read post]
19 Sep 2023, 1:38 pm
List of Creditors: Prepare a comprehensive list that includes every institution or individual to whom you owe money, along with addresses and the amount owed. [read post]
19 Sep 2023, 10:00 am
If you expect to pay estate taxes and shield life insurance policies from divorce or creditors, an ILIT can be a good option. [read post]
19 Sep 2023, 2:00 am
Creditor Committees' Objections to DIP Financing Check out this discussion of objections to DIP financing usually made by creditors’ committees. [read post]
18 Sep 2023, 9:29 am
Creditors are individuals or companies that you owe money to, and they have a significant impact on … Read more The post Understanding Creditors in Bankruptcy appeared first on Baker & Associates. [read post]
