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4 May 2024, 11:35 am
This exemption enables individuals to retain a certain amount of equity in their primary residence, protecting it from being seized and sold off to pay creditors. [read post]
4 May 2024, 9:03 am
Receivership is usually created to protect the rights of creditors. [read post]
2 May 2024, 1:32 pm
What those creditors do will be interesting to see…. [read post]
2 May 2024, 12:47 pm
While this chiefly benefits debtors, creditors should also be aware should also be aware of this reality to better safeguard their interests within the bounds of the law. [read post]
2 May 2024, 12:05 pm
The company determined it would generate more money for creditors by conducting store closing sales, liquidating inventory and other assets and selling the brand rather than keeping the rue21 operating as a going-concern Pascoe said. [read post]
2 May 2024, 6:53 am
” “Kirkland ‘holds’ absolutely no interest adverse to these estates: it is neither a creditor of these estates nor economically motivated to do anything other than zealously represent the Debtors as fiduciaries for all stakeholders. [read post]
1 May 2024, 12:08 pm
But here, we learn that is not the case for a post-default creditor who has the right to assign, license and sue. [read post]
1 May 2024, 3:48 am
Most estate planning arrangements are designed to protect your heirs from creditors, the government, and other family members who might try challenging your will. [read post]
1 May 2024, 1:18 am
Any non-exempt assets you own will be sold, with the proceeds used to pay off your creditors. [read post]
30 Apr 2024, 12:43 pm
Since assets in the trust are technically not owned by the grantor, they are unavailable to a creditor or the plaintiff in a lawsuit. [read post]
30 Apr 2024, 7:59 am
<div data-rss-type="text"> <p> <span style="display: initial;"> Creating an estate plan is one of the most important steps you can take to protect your assets and provide for your loved ones after you pass away. [read post]
30 Apr 2024, 7:58 am
Schedule D – Creditors Holding Secured Claims: Secured creditors are those who have a legal right to collect collateral if the debtor fails to repay the associated debt. [read post]
30 Apr 2024, 7:28 am
This tool allows you to put assets in a trust, essentially sealing the money from outside influences such as creditors, debtors, and probate. [read post]
30 Apr 2024, 4:07 am
It involves selling off assets to pay creditors. [read post]
30 Apr 2024, 1:33 am
The Bankruptcy Code assumes this unless the creditor proves misuse. [read post]
29 Apr 2024, 9:05 pm
It is the fulcrum creditors (the lowest priority creditors who will receive a distribution) whose recoveries are altered by conflicted transactions. [read post]
29 Apr 2024, 7:05 am
CookNora Stappert, reviewing Talking International Law: Legal Argumentation Outside the Courtroom, by Ian Johnstone & Steven Ratner Astrid Iversen, reviewing Sovereign Debt Restructuring and the Law: The Holdout Creditor Problem in Argentina and Greece, by Sebastian Grund Antoine Pécoud, reviewing IOM Unbound? [read post]
28 Apr 2024, 9:05 pm
While any infringement of creditors’ rights may erode principles of contract, Manigault v. [read post]
26 Apr 2024, 9:04 pm
That's how bankruptcy is supposed to work: sweeten the pot enough to get creditor consent. [read post]
26 Apr 2024, 11:28 am
Creditors may also end up with a big tax bill because income distributions are not required but the income is still taxed and so the creditor may end up with a tax bill and no way to pay it. [read post]
