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21 Apr 2022, 5:44 am
Among firms close to bankruptcy, therefore, the dischargeability of environmental liabilities reduced the financial incentives of creditors to pressure their corporations to limit toxic releases. [read post]
22 Mar 2011, 8:18 am
The California Credit Law Blog reports, among others, that recipients of federal benefits will get new protections from creditors under a federal rule going into effect May 1. [read post]
30 Jun 2021, 1:32 pm
What are creditors doing now? [read post]
23 Apr 2011, 9:30 am
This type of protection is defined as an inability of individuals to pay his or her creditors, or the hindrance of the ability of an individual to pay his or her creditors. [read post]
25 Jan 2011, 8:14 am
But it only takes one creditor with a bad attitude to push a consumer into a bankruptcy, if that creditor is big enough. [read post]
27 Oct 2016, 2:58 pm
§ 23-46: It shall be unlawful for any individual, corporation, or firm or other association of persons, to solicit of any creditor any claim of such creditor in order that such individual, corporation, firm or association may represent such creditor or present or vote such claim, in any bankruptcy or insolvency proceeding, or in any action or proceeding for or growing out of the appointment of a receiver, or in any matter involving an assignment for the benefit… [read post]
4 Jan 2010, 6:15 am
Question: Are creditors allowed to pursue debts that were not known by the creditor after bankrupcy? [read post]
17 Aug 2006, 9:13 am
They are Rambo in nature in that WaMu, like other creditors and violators, made a decision to fight even a modest award to the Nth degree just to show it was the biggest, baddest creditor on the block and should not be liable for its error. [read post]
27 Sep 2011, 6:48 am
This reaffirms the debt that you owe the creditor. [read post]
25 Jan 2006, 8:50 am
One of the notable changes to business bankruptcy practice made by the recent BAPCPA amendments is the new statutory requirement that Creditors' Committees "provide access to information" for creditors. 11 U.S.C. 1102(b)(3) requires official committees to: (1) "provide access to information" for creditors holding claims of the type represented by the committee; (2) "solicit and receive comments" from the creditors; and (3) be… [read post]
25 Jan 2006, 8:50 am
One of the notable changes to business bankruptcy practice made by the recent BAPCPA amendments is the new statutory requirement that Creditors' Committees "provide access to information" for creditors. 11 U.S.C. 1102(b)(3) requires official committees to: (1) "provide access to information" for creditors holding claims of the type represented by the committee; (2) "solicit and receive comments" from the creditors; and (3) be… [read post]
16 Jun 2010, 2:49 pm
So, if you have been sued but a judgment has not yet been entered, that creditor is treated just like any other unsecured creditor. [read post]
21 Aug 2014, 3:50 pm
He was merely a creditor of the Wallace and Pearl Burt Trust, not a beneficiary. [read post]
28 Oct 2009, 12:16 pm
If the debtor paid a creditor just before filing of a bankruptcy petition, the law views that creditor as being preferred, or favored, if that creditor received more than it otherwise would have in the Chapter 7 bankruptcy. [read post]
8 Mar 2018, 11:03 am
Illinois law requires creditors to include an Income and Asset Form as part of the citation. [read post]
8 Mar 2018, 11:03 am
Illinois law requires creditors to include an Income and Asset Form as part of the citation. [read post]
10 Jul 2017, 5:03 pm
If the creditor was negligent in protecting the debtor from the fraud, the debtor may attempt to sue the creditor for damages. [read post]
7 Nov 2009, 6:46 am
One of the son’s creditors got a civil judgment against him. [read post]
17 Nov 2010, 10:29 am
Well played, lawyers for the Lehman Brothers' creditors committee. [read post]
21 Mar 2011, 8:23 am
“My creditor tried to mislead the judge” is not grounds for a debtor to sue the creditor under the Fair Debt Collection Practices Act. [read post]
