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5 Jul 2023, 1:20 pm
The Chief Justice gets to serve as the creditor and the debtor. [read post]
5 Jul 2023, 12:50 pm
In the course of this work, Stamer frequently advises and represents and defends health and other employee benefit plans, their fiduciaries, third party administrators, brokers, insurers, trustees and other plan service providers, debtor plan sponsors and their leaders, auditors, creditors and creditor committees, bankruptcy trustees, on prevention and mitigation of claims, fiduciary, licensing, prompt pay and other contractual, regulatory and other risks and liabilities arising… [read post]
5 Jul 2023, 6:30 am
They provide for the financial well-being of loved ones, protect assets from creditors, and regulate the distribution of assets according to the grantor’s wishes. [read post]
5 Jul 2023, 5:15 am
These trusts transfer assets out of the grantor’s estate, potentially reducing estate taxes and protecting assets from creditors. [read post]
4 Jul 2023, 9:01 pm
., creditors that are permitted to exert influence similar to equity holders pursuant to credit arrangements). [read post]
4 Jul 2023, 6:00 am
Still, keeping your attorney, the court, and creditors informed of your new address is crucial. [read post]
3 Jul 2023, 7:12 am
Asset Protection Strategies: Protecting your assets from unforeseen events, creditors, or lawsuits is an important consideration for married couples. [read post]
3 Jul 2023, 6:41 am
(In fact one defensive ploy under our probate code is to simply wait two years before opening the probate proceeding, thereby automatically barring all unsecured creditor claims). [read post]
3 Jul 2023, 4:51 am
It typically involves several different steps, such as identifying and locating the person’s assets, determining the value of those assets, paying off creditors, distributing assets to heirs, and filing tax returns. [read post]
2 Jul 2023, 1:14 pm
They also receive a percentage of what they are able to take and sell, which is a sliding scale based on the amount of assets they recover for unsecured creditors. [read post]
1 Jul 2023, 10:56 am
In every bankruptcy case, a 341 creditors meeting is set approximately five weeks after a bankruptcy petition is filed. [read post]
30 Jun 2023, 5:42 pm
The additional benefits available under Subchapter 5 include no obligation to file a disclosure statement, no opportunity for creditors to file competing reorganization plans, no unsecured creditors’ committee, and no need for creditor consent—among others. [read post]
30 Jun 2023, 2:38 pm
” Among those was a Nevada company that the defendant’s brother owned and that existed for the specific purpose of shielding the defendant’s U.S. assets from creditors like V.S., according to the complaint. [read post]
30 Jun 2023, 1:53 pm
The creditor can make a motion for relief of the automatic stay as well. [read post]
30 Jun 2023, 11:01 am
One possible trust purpose, for example, is protecting assets from creditors if you think you might have debts to pay. [read post]
30 Jun 2023, 10:19 am
The court explained that the court, the Chapter 13 trustee, and the creditors relied on the debtor’s original position when they confirmed the debtor’s plan. [read post]
30 Jun 2023, 7:52 am
However, the fact is that some borrowers become so far behind on their payments that repossession becomes a creditor’s best option for recovering what is owed to them. [read post]
30 Jun 2023, 3:30 am
The prospect of having to go to court can be intimidating and often deters people from filing for bankruptcy, despite the fact that it can bring them tremendous relief from their creditors. [read post]
29 Jun 2023, 12:25 pm
When filing for bankruptcy in California, there is no cap on the total value of household goods that are exempt and cannot be sold to pay off creditors. [read post]
29 Jun 2023, 11:33 am
The letter explains that, when dealing with customers in financial difficulty, all firms across the regulated financial services, energy, water and communications sectors are expected to: Consider the customer’s situation, recognising that the individual may have multiple debts and may be dealing with multiple creditors across sectors, and reflect this in the support offered. [read post]
