Search for: "Debtors and Debtors in Possession"
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11 Sep 2022, 11:54 pm
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]
2 Sep 2022, 4:00 am
The debtor was a convicted felon and was not permitted to possess a weapon or ammunition. [read post]
25 Aug 2022, 9:11 am
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]
25 Aug 2022, 7:00 am
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]
13 Aug 2022, 8:30 am
In theory, a divorce court cannot divide assets that neither party to the marriage no longer possess. [read post]
9 Aug 2022, 7:28 am
[c]ompel the judgment debtor to deliver up, to be applied in satisfaction of the judgment, in whole or in part, money, choses in action, property or effects in his or her possession or control, so discovered, capable of delivery and to which his or her title or right of possession is not substantially disputed. [read post]
2 Aug 2022, 9:05 pm
The result can be a debtor-in-possession financing agreement that appears to, and in a sense really does, give lenders the ability to drive a bankruptcy process. [read post]
2 Aug 2022, 3:31 am
The debtor retained possession or control of the property transferred after the transfer. [read post]
25 Jul 2022, 6:56 am
GWG L Bondholders who purchased the speculative, high-risk, illiquid, and unrated bonds through Newbridge Securities Corporation are worried after last week’s approval by the bankruptcy judge to allow GWG Holdings Inc. to enter into a new debtor-in-possession (“DIP”) financing package. [read post]
19 Jul 2022, 9:12 am
On July 18, 2022, the Texas Southern Bankruptcy Court approved a new debtor-in-possession financing package that includes an option to sell GWG Holding Inc. [read post]
20 Jun 2022, 9:01 pm
”Citizens of a free country do not, and never have, possessed such a right. [read post]
20 Jun 2022, 1:44 am
II Background This case concerned the enforcement of two civil mediation decisions obtained from the People’s Court of District Jimo, Qingdao Shi, Shandong Province China (which arose out of a financial loan dispute) in Australia.[1] A foreign judgement may be enforced in Australia either at common law or pursuant to the Foreign Judgements Act 1991(Cth).[2] As the People’s Republic of China is not designated as a jurisdiction of substantial reciprocity under the… [read post]
17 Jun 2022, 7:18 am
The surviving spouse gets paid in a number of ways before any debtor can get paid by the decedent’s estate. [read post]
30 May 2022, 7:16 am
Probate helps settle a decedent’s estate by transferring assets and paying off debtors. [read post]
20 May 2022, 4:05 pm
The lender can quickly take possession of the property without the need to have the debtor removed from the home. [read post]
15 May 2022, 11:02 am
The defendant didn’t do anything, and the claimant sought to enforce the possession order. [read post]
13 May 2022, 8:50 am
This complaint will describe the property that is being repossessed and state that the creditor has the right to take possession of a vehicle that has been wrongfully detained or concealed by the debtor. [read post]
13 May 2022, 8:13 am
The plaintiff claimed that these entities should be liable by virtue of their common ownership and relationship with the judgment debtor. [read post]
