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4 Jan 2016, 6:13 am by Cathy Moran
Rather, the car is paid for and we’ll indulge in the idea that the car will last another 5 years and devote that cash flow to creditors. [read post]
9 Jun 2011, 8:16 am
If the creditor reports anything but zero, the former debtor should try notifying the creditor of the mistake. [read post]
30 May 2014, 10:32 am by Cyrus Farivar
Filing for traditional bankruptcy would allow the company to restructure itself, raise money, pay its creditors, and (ideally) re-emerge as a still-functioning company. [read post]
8 May 2011, 12:46 pm
A new regulation recently went into effect ensuring that creditors can't get their hands on Social Security disability benefits for people who are unable to work. [read post]
28 May 2010, 2:20 pm
Predatory lending guru Max Gardner this week posted an extensive analysis of the required foundation for the admission of creditor evidence, particularly electronic evidence. [read post]
29 Jun 2012, 12:03 pm
If a creditor has obtained a judgment on a claim against the debtor, the creditor, if the court so orders, may levy execution on the asset transferred or its proceeds. [read post]
11 May 2015, 5:41 pm by Kevin LaCroix
  The directors of an insolvent firm do not owe any particular duties to creditors. [read post]
31 Mar 2022, 1:08 pm
A payment or transfer to a creditor may be considered preferential if it satisfies all of the following elements: The payment was made to a creditor or for a creditor’s benefit. [read post]
25 May 2009, 5:44 am
California Probate Code Section 11420 contains a priority list of which creditors are paid and in what order they are paid. [read post]
19 Feb 2007, 2:21 am
A major decision as to the rights of unsecured creditors to obtain awards of attorney fees for litigating bankruptcy claims is sneaking up on us. [read post]
If property is absolutely and totally exempt from creditors, there is no way that creditors can get at that property, right? [read post]
30 Jan 2024, 3:30 am by Amanda Scharber
A claim in bankruptcy is a claim of money owed to a creditor, filed by or for a creditor. [read post]
2 May 2012, 4:00 am by Hull and Hull LLP
Many people are aware of the fact that under the Bankruptcy and Insolvency Act (BIA), money held in trust for another person is considered exempt property and therefore safe from creditors. [read post]