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8 May 2023, 3:45 am
Further, that distributed income would be exposed to the beneficiary’s creditors, lawsuits, and divorcing spouse. [read post]
8 May 2023, 2:33 am
We've Moved! [read post]
7 May 2023, 3:30 am
The discharge in your bankruptcy is the order that tells your creditors you are no longer liable on the dischargeable debts. [read post]
6 May 2023, 11:41 am
About Vann Attorneys, PLLC Vann Attorneys, PLLC, is a full-service law firm with a focus on business law and planning, civil litigation, commercial creditor’s rights, construction law, contracts, personal injury, and more. [read post]
5 May 2023, 9:40 am
But the civil penalties would have been disallowed or subordinated as a matter of law, and as to the disgorgement, the SEC would have been a general unsecured creditor entitled to a de minimis payout.Furthermore, despite the rule’s reference to what the SEC is “able to collect,” the statutory maximum whistleblower award is based on the amount actually collected. [read post]
5 May 2023, 7:19 am
Today’s Congress, however, may soon debate whether to stiff some federal creditors and renege on some federal obligations, obligations all the Reconstruction framers agreed was paramount. [read post]
4 May 2023, 11:42 am
The life insurance exemption is extremely broad and extends not only to the insured’s creditors but to the beneficiary’s creditors. [read post]
4 May 2023, 9:17 am
The CFPB recently issued a proposed rule that would require PACE creditors and PACE companies to consider a consumer’s ability to repay when issuing a new PACE loan, amend Regulation Z to address how it applies to PACE transactions, and adjust disclosure requirements to better fit PACE loans. [read post]
4 May 2023, 7:13 am
These payments are made to the bankruptcy trustee who sends the payments to creditors. [read post]
3 May 2023, 9:56 am
We write a column – that has become 1-2 pages due to all the stuff going on — called the Student Loan Sidebar in our local Cramdown publication to all bankruptcy practitioners including debtor attorneys, the creditors’ bar and our judiciary. [read post]
3 May 2023, 8:39 am
On 3 May 2023, the European Commission published the following: Commission Delegated Regulation (EU) of 3 May 2023 supplementing Regulation (EU) 2021/23 of the European Parliament and of the Council with regards to regulatory technical standards specifying the circumstances in which a person is deemed to be independent from the resolution authority and from the central counterparty, the methodology for assessing the value of assets and liabilities of a central counterparty, the separation of the… [read post]
3 May 2023, 7:07 am
When an equitable distribution award involves one party paying money to another, Florida courts consider the failure to make such a payment just like any other failure to pay a creditor. [read post]
3 May 2023, 12:00 am
If it is paid to the trust, it is protected from creditors. [read post]
2 May 2023, 3:21 pm
” At the sale, the creditor is allowed to “credit bid” up to the amount of its debt, which amount will be provided by the creditor prior to the sale date. [read post]
2 May 2023, 9:00 am
When a debt is discharged in bankruptcy and you are no longer liable for the debt, the creditor will not report the debt payments on your credit report. [read post]
2 May 2023, 9:00 am
Since your assets will be owned by the trust, it will be more difficult for expected beneficiaries or creditors to challenge the decisions you have made. [read post]
2 May 2023, 8:21 am
If it is supported by the holders of more than 75 per cent of the creditors’ voting interests, and at least 50 per cent of the independent creditors’ voting interests (that were voted), the business rescue plan will be considered as approved on a preliminary basis as contemplated by s 152(2). [read post]
2 May 2023, 8:03 am
The executor also notifies creditors of the deceased person’s death. [read post]
2 May 2023, 8:00 am
For more information read: What Assets Are Protected From Creditors In Texas? [read post]
2 May 2023, 7:00 am
The post What Assets Are Protected From Creditors in Texas? [read post]
