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16 Apr 2023, 9:05 pm
As a consequence, creditors cannot be forced to accept cuts if shareholders are not completely wiped out. [read post]
14 Apr 2023, 8:36 am
Contact Our Cook County Creditor Foreclosure Lawyers At Walinski & Associates, P.C., our experienced attorneys can provide guidance and representation for creditors during the foreclosure process. [read post]
14 Apr 2023, 4:52 am
Supreme Court faulted plaintiff for waiting until 2020 to commence this action to recover monies owed as a result of a legal representation that ended in 2015 but, as prejudgment interest only compensates the judgment creditor for the loss of use of money he or she was owed and is not a penalty, the “responsibility for the delay [in bringing suit] should not be the controlling factor in deciding whether interest is to be computed” (Love v State of New York, 78 NY2d 540, 544… [read post]
14 Apr 2023, 2:45 am
Factors which on their own or in combination point towards the conclusion that an obligation is hard include: the fact that it is an obligation to a finance company; that the terms of the obligation have the feel of a normal commercial arrangement; that the obligation arises out of a written agreement; that there is a written demand for payment, a threat of litigation or actual litigation or actual or consequent intervention in the financial remedies proceedings; that there has not been a delay… [read post]
13 Apr 2023, 5:25 am
In that case, you may want to consider setting up trusts for them, which can help protect their inheritance from creditors and other potential risks. [read post]
12 Apr 2023, 5:37 am
Creditors can be very aggressive on debtors when seeking repayments for large debts. [read post]
12 Apr 2023, 5:21 am
https://lnkd.in/gkMBAPex Creditor can’t force a firm that fraudulently transferred an asset to pay damages. https://media.ca11.uscourts.gov/opinions/pub/files/202111736.pdf Prior art patent anticipated claim limitation in nucleic-acid patent by “inherently” disclosing it. [read post]
11 Apr 2023, 8:45 pm
That sure looks like an attempt to hinder creditors by removing assets from their potential grasp. [read post]
11 Apr 2023, 9:58 am
The assets in this particular trust are not protected from lawsuits, creditors, or money judgments, since the trust is revocable and, in that way, the trust is under your control while you are alive. [read post]
11 Apr 2023, 8:06 am
New Jersey, 379 U.S. 674 (1965) under which the proceeds of abandoned financial products should escheat to the State of the creditor’s last known address, or where such records are not kept, to the State in which the company holding the funds is incorporated. [read post]
11 Apr 2023, 6:30 am
Creditors, by contrast, cannot collect more than they are contractually owed, and they lose the value of their investment only if the firm experiences financial distress. [read post]
11 Apr 2023, 6:30 am
Creditors, by contrast, cannot collect more than they are contractually owed, and they lose the value of their investment only if the firm experiences financial distress. [read post]
11 Apr 2023, 6:04 am
Many different types of trusts can be used for various purposes, including protecting assets from creditors, minimizing taxes, and providing for the care of minor or disabled beneficiaries. [read post]
11 Apr 2023, 6:00 am
During this time, the individual makes monthly payments to a trustee, who then distributes the funds to the creditors in accordance with a Chapter 13 repayment plan. [read post]
10 Apr 2023, 7:58 pm
Typically, these parties include those who will gain assets from the will, like a beneficiary or a creditor. [read post]
9 Apr 2023, 10:07 am
Other options are Washington State foreclosure fairness mediation to stop a foreclosure or negotiating a debt settlement with a creditor with a creditor to be able to close on a deal. 5. [read post]
9 Apr 2023, 8:52 am
Protection from Creditors When you file for bankruptcy, creditors will try to collect as much of the debt owed to them as possible. [read post]
9 Apr 2023, 5:30 am
The short answer is, “no,” as using credit and paying back creditors does not benefit a person who will be filing for bankruptcy. [read post]
8 Apr 2023, 5:29 am
Creditors are likely to file a lawsuit if you have missed your payments or failed to repay your loan. [read post]
7 Apr 2023, 11:57 am
Because the assets are held by the trust, they are protected from creditors, lawsuits, and other risks that could befall the grantor. [read post]
