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3 Feb 2023, 4:52 am
Better Outcome for Creditors. [read post]
Calif. App. Court (6th Dist) Holds Alleged Misidentification of ‘Charge-Off Creditor’ Not ‘Material’
2 Feb 2023, 8:30 am
The California Court of Appeal, Sixth Appellate District, recently affirmed the dismissal of a consumer's California Rosenthal Fair Debt Collection Practices Act claim based on an alleged violation of the federal Fair Debt Collection Practices Act and the California Fair Debt Buying Practices Act in supposedly failing to properly identify the "charge-off creditor. [read post]
2 Feb 2023, 4:30 am
Co-obligated debt poses a conceptual problem for the law because it does not fit neatly into the simple and dyadic legal framework underlying the law’s conception of debt, where one creditor lends money to one borrower in exchange for a direct promise to pay the amount borrowed plus interest. [read post]
1 Feb 2023, 12:25 pm
The result of those was that Mr Kaye’s eviction of Ms Lees after a charging order and order for sale was unlawful as the eviction was after notification of a mental health crisis debt moratorium, but Mr Kaye was subrogated to Ms Lees’ mortgage lender’s rights as creditor in the amount of the mortgage that Mr Kaye had paid on selling the flat (which sale was undone in the previous judgment). [read post]
1 Feb 2023, 5:11 am
Judgments Against the Taliban Four sets of creditors are seeking to enforce judgments against the Taliban. [read post]
31 Jan 2023, 10:47 am
In addition to specifying what will happen to your assets after death, an estate plan can also be used for the following purposes (and more): Establishing a medical advance directive Choosing a trusted individual as your personal representative to make decisions on your behalf should you become incapacitated Protecting your assets from the estate tax (such as through an irrevocable trust) Protecting your assets from creditors Circumventing potential family… [read post]
31 Jan 2023, 6:54 am
The Payment or Transfer Must Benefit the Recipient Creditor Finally, the payment or transfer at issue must benefit the recipient creditor. [read post]
30 Jan 2023, 12:43 pm
The creditor then appealed. [read post]
30 Jan 2023, 8:24 am
Its creditors successfully filed a request that Krentin be subject to an extraordinary procedure of special administration in order to avoid insolvency. [read post]
30 Jan 2023, 12:00 am
All creditors and potential creditors of the corporation should be notified of the dissolution and any pending lawsuits will need to be resolved. [read post]
29 Jan 2023, 9:05 pm
And the rule provides exemptions for specific types of loans such as refinance loans and those made by certain nonprofit creditors Knowing that private litigants and courts would end up determining much of the on-the-ground impact of the ability-to-pay provision, the CFPB exerted its influence at the front end of the process by adopting this detailed rulemaking This observation is not to claim that the CFPB would not have issued a rule had private parties, such as borrowers, been unable to… [read post]
29 Jan 2023, 4:00 am
Appropriations, budget, and public debt law lurk in the recesses of public law. [read post]
27 Jan 2023, 12:06 pm
The proceeds from those sales are used to pay creditors on a pro-rata basis. [read post]
27 Jan 2023, 11:13 am
Another option is to try and negotiate with your creditors, but […] The post Statute Of Limitations on Medical Bills first appeared on Bankruptcy Attorney Houston. [read post]
26 Jan 2023, 7:10 pm
Late on Jan. 25, lawyers for FTX filed its creditor matrix to the United States Bankruptcy Court for the District of Delaware. [read post]
26 Jan 2023, 2:47 pm
The plan specified that unsecured creditors were to receive no distribution. [read post]
26 Jan 2023, 3:30 am
Both deal with the problem of inter-creditor equity and seemingly ineffectual contracts. [read post]
25 Jan 2023, 9:04 am
Although the lien laws affecting small businesses vary by state, a creditor can usually file a... [read post]
25 Jan 2023, 8:57 am
Some lenders may go so far as to require that any creditors of your beneficiaries release any claims they might have on the property. [read post]
25 Jan 2023, 6:13 am
“If the retention of any of S&C, Quinn or Alix were to be denied, limited or impaired for any reason, the interest of the Debtors’ customers and creditors, as well as the state and federal regulators and prosecutors with whom these advisors engage on a daily basis, would be severely, if not irreparably harmed,” he said.Ray said he would directly supervise the work of S&C, Quinn and Alix. [read post]