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18 Sep 2007, 9:59 pm
Creditors get a notice to file a written statement proving that they are entitled to be paid because the debtor owes money to the creditor. [read post]
6 Apr 2009, 12:11 pm
At the request of some creditors the court appointed a creditors’ committee. [read post]
16 Jul 2012, 10:02 am
§ 101(10)(a) defines a creditor as an “en [read post]
17 Mar 2009, 6:32 pm
A proof of claim is an official document filed by a creditor in your bankruptcy case demonstrating to the court that the creditor is entitled to payment. [read post]
14 Jan 2019, 12:59 pm
If the debtor does not pay voluntarily, the creditor has a few options to take. [read post]
7 Sep 2011, 1:31 am
Once a creditor obtains a judgment against you in court, there are several options available to the creditor to collect on the awarded judgment. [read post]
14 Nov 2016, 6:41 am
Court of Appeals for the Ninth Circuit recently held that if a creditor wishes to participate in the distribution of a debtor’s assets under Chapter 13, it must timely file a proof of claim, and the debtor’s acknowledgment of the debt owed to the creditor does not relieve the creditor of this affirmative […]Richa Sadana [read post]
1 Mar 2011, 4:22 am
If the creditor does not voluntarily disgorge your money, you can sue them to recover [...] [read post]
13 Feb 2024, 8:44 am
Here are the main ways a creditor can collect a judgment in Florida: Wage Garnishment This involves the creditor obtaining a court order that requires the debtor’s employer to withhold a portion... [read post]
28 Jun 2011, 12:27 am
On Friday, the Official Committee of Unsecured Creditors appointed in the chapter 11 bankruptcy cases of Signature Styles, LLC and Signature Styles Gift Cards, LLC filed its initial pleadings responding to the companies' plans to sell all of their assets to an affiliate of their current owners, who are also affiliates of, among other things, their senior secured creditors and DIP lenders (all of [read post]
2 Mar 2020, 7:16 am
Filing for bankruptcy temporarily stops a creditor from being able to take any actions against you, your property or your assets. [read post]
13 Sep 2012, 4:48 am
When a meeting of creditors in convened, a date must be specified by which time proxies entitling the creditors to vote at the meeting. [read post]
31 Jan 2012, 8:31 am
A creditor cannot levy upon or freeze your assets until the creditor obtains a civil judgment against you. [read post]
28 Jun 2023, 12:35 pm
Once you do that, the creditors can no longer touch you. [read post]
9 Feb 2022, 12:13 pm
One of these many reasons may be the Homestead Exemption and creditor protection delineated in the Florida Constitution. [read post]
22 Jun 2012, 4:00 am
If the validity of the partnership or LLC is challenged by a creditor there should be no evidence that the partnership or LLC was set up solely to thwart the creditor. [read post]
7 Jul 2017, 10:00 am
This allows the trustee to avoid for the benefit of the debtor’s creditors transfers or obligations that could have been avoided by an unsecured creditor under nonbankruptcy law, provided such creditor exists. [read post]
16 Jan 2011, 4:45 pm
Suppose a debtor moves money and other financial assets beyond a creditor’s reach making more difficult for the judgment creditor to recover the assets to satisfy the judgment. [read post]
7 Jan 2010, 4:18 am
Richards J held that Focus did not have a real prospect of establishing its status as a creditor of LLP, the principal reason being that without the making of a loan by Clydesdale (which occurred in relation to the bulk of the policies on which Focus relied), Focus was not 'on risk' and therefore the premium was not recoverable.Following the decision of Richards J that Focus could not be established as a creditor of LLP, Focus could not rely upon creditor status… [read post]
27 Jul 2009, 2:00 am
However, these creditors are ordinarily unsecured creditors, just like credit cards. [read post]
