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27 Mar 2023, 9:15 am
This week in Washington IP news, the House Subcommittee on Economic Growth, Tax, and Capital Access examines how well creditors are able to identify small businesses that are eligible for additional capital. [read post]
27 Mar 2023, 9:15 am
This week in Washington IP news, the House Subcommittee on Economic Growth, Tax, and Capital Access examines how well creditors are able to identify small businesses that are eligible for additional capital. [read post]
27 Mar 2023, 8:52 am
Creditors have certain rights when it comes to collecting debts owed by debtors. [read post]
27 Mar 2023, 7:52 am
This means that if a grantor is sued, the assets in the trust cannot be touched – they are safe from creditors and plaintiffs. [read post]
27 Mar 2023, 5:54 am
As such, the assets held within the spendthrift trust are protected from beneficiary creditors that may have been the result of a lawsuit, divorce, bankruptcy, and more. [read post]
26 Mar 2023, 11:37 pm
A conventional bond, by contrast, entitles the holder to principal plus interest and makes the holder a creditor with a claim against the issuer’s asset. [read post]
24 Mar 2023, 6:30 am
If the debtor’s payment constitutes a valid offer to compromise which the creditor accepts, the creditor generally cannot make any further claim against the debtor in respect of the particular dispute. [read post]
23 Mar 2023, 11:23 am
Perhaps S&C simply doesn't want to take the Acela to Wilmington and stay at the Hotel Dupont, just as the California-based creditors don't want to fly out to LaGuardia. [read post]
23 Mar 2023, 6:14 am
If the deceased did not have enough assets to pay off the debts, the creditors may require a sale of the assets of the estate to address the debt, but that’s it. [read post]
22 Mar 2023, 7:19 pm
After a specific debt balance has been discharged, the filer is no longer responsible for its repayment and creditors can no longer ask that it be repaid. [read post]
21 Mar 2023, 9:05 pm
You know, once the bills and creditors have been paid, because you know, Uncle Sam’s getting his money first. [read post]
21 Mar 2023, 12:21 pm
Sometimes a creditor does not provide documents because they are not available. [read post]
21 Mar 2023, 9:56 am
As a result, it is important for them to take steps to protect their money and property from lawsuits or creditors’ claims. [read post]
20 Mar 2023, 12:52 pm
In that case, which long predates the creation of the modern class action, the Supreme Court concluded that a creditor bringing suit on behalf of others could not be compensated for services and expenses in bringing suit. [read post]
20 Mar 2023, 8:07 am
Drafted correctly, the spendthrift trust has the added benefit of offering protection from the creditors and potential creditors of trust beneficiaries. [read post]
20 Mar 2023, 5:40 am
As the assets are not immediately owned by the recipients and are thus not vulnerable to creditors or court action, this might give them further protection. [read post]
20 Mar 2023, 5:30 am
A Chapter 13 bankruptcy is a type of bankruptcy in which a debtor repays creditors through monthly payments, lasting three to five years. [read post]
19 Mar 2023, 9:05 pm
So if somebody passes away, in probate, what we’re referring to is that process from when we turn it into the clerk of court, we account for all the monies, we pay all the bills and the creditors and anybody that may be out there, and then we distribute the assets to the heirs. [read post]
19 Mar 2023, 4:29 am
But most people do not respond to the suits, allowing creditors to obtain default judgments and then garnish people’s wages and seize their assets. [read post]
17 Mar 2023, 9:54 am
This is basic structural priority/limited liability: creditors of a subsidiary have no claim on the assets of a parent. [read post]
