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1 Aug 2023, 6:00 am
Automatic stay: When you file for bankruptcy, an automatic stay stops creditors from collecting your debts. [read post]
31 Jul 2023, 5:42 pm
Creditors may try to challenge your discharge, and trustees may scrutinize your financial information during the Meeting of Creditors (341 Meeting). [read post]
31 Jul 2023, 5:05 pm
Here are some benefits of irrevocable trusts: Protection from creditors: Since the assets in an irrevocable trust aren’t considered yours, and they are protected from any claims made by creditors. [read post]
31 Jul 2023, 4:50 pm
Meeting of Creditors (341 Meeting) Approximately 20 to 40 days after filing your bankruptcy petition, you and your attorney will attend the Meeting of Creditors, also known as the 341 Meeting. [read post]
31 Jul 2023, 1:14 pm
In particular, if the company pursues liquidation, then the plaintiffs that would be at the back of the line as unsecured judgment creditors might simply decide to move on. [read post]
31 Jul 2023, 11:33 am
Is there a way you could make the gift while still ensuring that it is protected from the heir’s creditors to the greatest extent possible? [read post]
31 Jul 2023, 10:17 am
Cease Communication Upon Request If a debtor requests that a creditor stop contacting or communicating with them, the creditor must comply. [read post]
31 Jul 2023, 4:19 am
Reporting Bankruptcy Fraud: Bankruptcy fraud undermines the integrity of the bankruptcy system and affects both honest debtors and creditors. [read post]
31 Jul 2023, 4:03 am
” The court further commented that plaintiffs effectively sought to “add terms to the contract” that would “undermine the purpose of Section 513 by effectively converting shareholders to creditors. [read post]
30 Jul 2023, 3:06 pm
Despite Lipton’s frequent pronouncements about the need to embrace stakeholder capitalism, none of the Wachtell Lipton deals contained any contractual protections for labor, customers, creditors, or the environment. [read post]
30 Jul 2023, 10:00 am
For example, the Transfer on Death Deed statute permits allows the personal representative or creditor of the estate to claw a piece of property transferred by Deed, whereas no such rules applies to Lady Bird Deeds. [read post]
30 Jul 2023, 7:00 am
A Caveat Texas recognizes that the use of Transfer on Death Deeds can affect the ability of a decedent’s creditors to recover what they are owed. [read post]
29 Jul 2023, 2:17 am
Mergers and Acquisitions Guide for In-House Counsel – Intro This mergers and acquisitions guide provides in-house counsel with an overview of the process of selling a privately-held company in an M&A transaction and some of the significant deal points typically negotiated by the parties. [read post]
28 Jul 2023, 1:00 pm
Although a beneficiary can serve as a trustee, this approach may give rise to potential issues concerning taxes and creditor protection. [read post]
28 Jul 2023, 10:00 am
If you need advice from a California debtor and creditor rights lawyer, contact the legal team at Structure Law Group, LLP. [read post]
28 Jul 2023, 4:12 am
Conducting the Meeting of Creditors (341 Meeting): The trustee presides over the meeting of creditors, also known as the 341 meeting, in both Chapter 7 and Chapter 13 bankruptcies. [read post]
27 Jul 2023, 10:41 am
Second, the trustee could, and did, argue that as a BFP, he could sell Her half of the house for the benefit of her creditors. [read post]
27 Jul 2023, 10:00 am
Jeffrey Skatoff (Attorney, Florida) recently wrote an article titled, Timely Creditor Claim Required to Pursue Insurance and Employer Recoveries in Florida, on Probate Stars, July 2023. [read post]
27 Jul 2023, 3:30 am
Secured creditors are those creditors with security interest in your collateral. [read post]
26 Jul 2023, 11:39 pm
Attend the meeting of creditors: Attend a 341 meeting of creditors after filing. [read post]
