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13 Jan 2023, 6:47 am
This law gives debtors more options for preventing creditors from seizing their assets following a legal judgment. [read post]
13 Jan 2023, 2:16 am by Cari Rincker
If a creditor obtains a judgment against you or your family for a claim not related to the FLP, it can be difficult for the creditor to access anything that the FLP owns to satisfy that claim. [read post]
12 Jan 2023, 3:54 pm
The repeated use of the word “any” refers to creditors or equity security holders of whatever kind. [read post]
12 Jan 2023, 1:16 pm by Matthew Dochnal
This means that creditors cannot go after a Member’s personal assets, like their home, to settle a debt owed by the business. [read post]
12 Jan 2023, 12:11 pm by Allen Graves
Bankruptcy is a process in which an individual or organization seeks relief from their creditors, allowing them to make payments that are more manageable. [read post]
11 Jan 2023, 9:45 am by John L. Culhane, Jr. and Chad Jimenez
On August 15, 2022, the California governor signed SB 633 into law, expanding the obligations of creditors obtaining the signatures of more than one person on a consumer credit contract, including a motor vehicle lease, who do not receive any ... [read post]
9 Jan 2023, 4:14 am by James Vann
Reserve Your Seat Now Raleigh, NC Business, Construction, & Creditor's Rights AttorneysVaried backgrounds and expertise of dedicated attorneys and staff providing clients with effective and efficient legal advice and representation throughout North Carolina. [read post]
9 Jan 2023, 1:34 am by Matrix Legal Support Service
The key issue is whether, in assessing the fairness of a relationship between a debtor and a creditor, the court can compartmentalise the relationship and, accordingly, consider whether the relationship is unfair at a given point, rather than at the end of the relationship. [read post]
7 Jan 2023, 6:00 am by Lawrence Solum
Talley (Columbia University - School of Law; European Corporate Governance Institute (ECGI)) have posted Debt Textualism and Creditor-on-Creditor Violence: A Modest Plea to Keep the Faith on SSRN. [read post]
7 Jan 2023, 5:30 am by Amanda Scharber
When you file a bankruptcy you will either be advised that your automatic payments will stop after filing or you should make sure to stop them prior to filing, this advice depends on the creditor. [read post]
6 Jan 2023, 1:34 pm by jaxlawcenter
In addition, non-payment could also reflect poorly on debtors since creditors may initiate legal action. [read post]
6 Jan 2023, 8:32 am
During this period, you will make payments to a court-appointed trustee, who will distribute the payments to different creditors. [read post]
5 Jan 2023, 2:26 pm by Law Lady
 Attorney's fees -- Charging lien -- Error to deny motion to adjudicate and enforce charging lien against client's settlement funds based on determination that counsel had not established third element of charging lien, which requires an attempt to avoid the payment of fees or a dispute as to the amount involved, because the disagreement over amount owed was not between counsel and client, but rather between counsel and co-counsel from a different firm who was responsible for… [read post]
5 Jan 2023, 11:59 am by Edward T. Kang
While Uniform Fraudulent Transfer Acts and reverse veil-piercing exists as weapons for creditors to collect from fraudsters, the developments in civil RICO law have greatly expanded the creditors’ arsenal. [read post]
5 Jan 2023, 10:09 am
Certain items cannot be touched by creditors or the court-appointed trustee who will oversee the liquidation process. [read post]
5 Jan 2023, 6:30 am by Lawrence Solum
Talley (Columbia University - School of Law; European Corporate Governance Institute (ECGI)) have posted Debt Textualism and Creditor-on-Creditor Violence: A Modest Plea to Keep the Faith on SSRN. [read post]
5 Jan 2023, 6:03 am by Dan Bressler
Both banks are among the larger creditors in Live Well’s ongoing bankruptcy proceedings and also are among the victims and potential recipients of restitution in the Hild criminal case. [read post]
3 Jan 2023, 2:22 pm by Jason Kilborn
., 1600 "monthly calculation units," which for 2022 was KZ₸3063, just over US$7, so 1600 x $7 = $11,200), (2) a 5-year payment-plan procedure ("restoration of solvency") for debtors with regular income who choose to propose a 5-year plan for court (not creditor) approval, (3) a traditional liquidation-and-discharge procedure ("judicial bankruptcy") unfolding over six months and leaving the debtor with exempt property, including a sole residence, and (4) a… [read post]
3 Jan 2023, 6:50 am by support
Have you received a letter or phone call from a creditor or collection agency demanding payment on a debt? [read post]