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22 Jan 2010, 4:37 am
There are three types of creditors in bankruptcy: Secured creditors Priority creditors Unsecured creditors Secured creditors are those who have a lien or security interest in collateral. [read post]
13 Jan 2010, 8:55 pm
The plan also provides for the release of claims against the debtors' officers and directors, which would prevent Finance II's estate or creditors from pursuing recoveries from them.As a result, the motion asserts that Finance II's creditors would receive greater recoveries, and hence be better off, if Finance II's case is converted to chapter 7. [read post]
4 Sep 2009, 11:38 am
I previously blogged about a Bankruptcy Court in Texas holding that an inherited IRA was not exempt from claims of the new owner's creditors. [read post]
31 May 2010, 6:15 am
If the creditors have no objection to the transfer, the corporation can take possession and title to the assets, free of all creditors' claims. [read post]
7 Aug 2018, 7:43 am
This complaint is due within 60 days after the creditors’ meeting. [read post]
23 Dec 2017, 11:34 am
The higher-priority lender is called the senior creditor, and the other lender is called the junior creditor. [read post]
23 Dec 2017, 11:34 am
The higher-priority lender is called the senior creditor, and the other lender is called the junior creditor. [read post]
19 Feb 2012, 9:36 am
The debtors are betting on future property appreciation with their unsecured creditors’ money. [read post]
27 Sep 2011, 12:23 am
The United States Trustee filed a notice with the Delaware bankruptcy court today which identified the creditors that have been appointed to the Official Committee of Unsecured Creditors in the chapter 11 bankruptcy cases of SSI Group Holding Corp. and its affiliates. [read post]
17 Nov 2008, 10:59 am
3B: 1-7 Exclusion of property passing to a testmentary trustee other than by devise from rights of personal representative or creditors of decentProperty passing to a testamentary trustee other than by devise shall not be subject to rights of, powers of or to administration by a personal representative or to rights of creditors to any extent beyond that to which it would otherwise be if the testamentary trust was an inter vivos trust. [read post]
3 Oct 2011, 10:19 am
Weekes can help you evaluate your options in a creditor lawsuit and negotiate with a creditor to get more favorable repayment terms. [read post]
14 Oct 2009, 7:35 am
Have you listed all of your creditors on the schedules? [read post]
9 Jun 2011, 12:05 pm
There's a statute that says it's a crime to fraudulently and intentionally fail to list creditors on your bankruptcy schedules. [read post]
11 Jul 2010, 8:09 am
Though adding an additional creditor will result in a small court imposed filing fee and additional attorney fees , the cost of adding a creditor is usually a pittance compared to the possible cost of keeping them out. [read post]
14 Dec 2010, 7:50 pm
’s (GS ) challenge to a $20.5 million securities fraud award for unsecured creditors of the failed Bayou hedge funds. [read post]
24 Mar 2010, 11:44 am
Likewise, the Court held that there is no due process ground to reopen a judgment when a creditor receives actual notice of the discharge proceedings, even if the student debtor fails to adhere to the bankruptcy rules requiring service of a summons and complaint on the creditor. [read post]
17 Jul 2019, 2:46 pm
Attorney's Office for the Western District of Wisconsin, Chicago attorney Edward Lee Filer, consultant Robert Joseph Gereg and business owner Paul Michael Kelly have been indicted on wire and bankruptcy fraud charges alleging that they created a sham secured creditor with a senior lien on all of the assets of Kelly’s Chicago company, Barsanti Woodwork Corporation, for the purpose of fraudulently shielding the assets from legitimate creditors. [read post]
31 Jan 2022, 6:00 am
Nov. 18, 2021)Plaintiff, a stockholder and creditor of the defendant company, demanded to inspect the company’s books and records pursuant to 8 Del. [read post]
2 Apr 2008, 7:54 pm
So the Creditor's Committee in the Sharper Image case has hired counsel. [read post]
24 Oct 2013, 1:00 pm
Net Debtors or Net Creditors? [read post]
