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2 Feb 2023, 8:30 am by Daniel Miller
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 by Lawrence Solum
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 by Giles Peaker
 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 by Ingrid (Wuerth) Brunk
Judgments Against the Taliban Four sets of creditors are seeking to enforce judgments against the Taliban. [read post]
31 Jan 2023, 10:47 am by Parks & Jones
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 by Edelboim Lieberman Revah PLLC
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, 8:24 am by Marcel Pemsel
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 by Connor Raso
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]
27 Jan 2023, 12:06 pm by Allen Graves
The proceeds from those sales are used to pay creditors on a pro-rata basis. [read post]
27 Jan 2023, 11:13 am by Law Staff
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 by Sabrina I. Pacifici
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 by Bob Lawless
The plan specified that unsecured creditors were to receive no distribution. [read post]
26 Jan 2023, 3:30 am by Anna Gelpern
Both deal with the problem of inter-creditor equity and seemingly ineffectual contracts. [read post]
25 Jan 2023, 9:04 am by support
Although the lien laws affecting small businesses vary by state, a creditor can usually file a... [read post]
25 Jan 2023, 8:57 am by karp
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 by Unknown
“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]