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15 Dec 2022, 5:30 am
When filing for bankruptcy, all of the debtor’s creditors must be listed in the schedules. [read post]
15 Dec 2022, 4:00 am
December 2022 Clients, Friends, Associates: As we near the end of 2022, we have highlighted some recent industry updates that we believe may impact our clients. [read post]
14 Dec 2022, 10:55 am
This means that there are no assets for creditors to collect from your estate. [read post]
13 Dec 2022, 1:11 pm
ALSO: From Financial Advisor: "At least $73 million of political donations tied to Sam Bankman-Fried’s FTX may be at risk of being clawed back as bankruptcy lawyers sort through the remnants of his crypto empire in search of assets to repay creditors.... [read post]
13 Dec 2022, 11:16 am
” If you fail to observe such formality you are considered to be an “alter ego” of your business, exposing your personal assets to the reach of creditors. [read post]
13 Dec 2022, 10:17 am
A settlement agreement with trucking company with Navajo Express announced by the Justice Department (“DOJ”) today a warns other businesses to use care when dealing with non-citizen applicants and workers to avoid violating the Immigration and Nationality Act (INA) while concurrently complying with federal mandates to verify eligibility of each worker to work in the United States. [read post]
13 Dec 2022, 9:53 am
For most debtors, modern bankruptcy law should require no more than an updated version of a poor debtor’s oath that provides relief unless creditors or their trustees are willing to pay some cost to challenge the oath’s validity. [read post]
12 Dec 2022, 8:15 am
In chapter 13 you can pay all of the back rent over time as one of the creditors that gets paid from your monthly chapter 13 payment plan. [read post]
12 Dec 2022, 7:38 am
After the documents are served to the debtor, the creditor will receive an Affidavit of Service, which must be filed with the circuit court clerk. [read post]
12 Dec 2022, 1:05 am
Here, the debtors-in-possession (Campbell and Luke Records) and the estates’ Unsecured Creditors’ Committee (representing the creditors who were owed money) created a joint plan to pay the bankruptcy estates’ debts. [read post]
10 Dec 2022, 7:00 am
Also, the deceased’s creditors might be able to claim compensation from a survival action award if they had debt when they passed. [read post]
10 Dec 2022, 7:00 am
Also, the deceased’s creditors might be able to claim compensation from a survival action award if they had debt when they passed. [read post]
9 Dec 2022, 11:37 am
So, where does that leave the non-filing spouse when creditors come calling? [read post]
9 Dec 2022, 10:18 am
If you have outstanding debts after your death, your creditors can still make claims against your estate. [read post]
9 Dec 2022, 7:16 am
Additionally, setting up a land trust can help protect your assets from creditors or lawsuits should something happen to you or any other beneficiaries listed in the document. [read post]
9 Dec 2022, 6:07 am
If debts are allocated to one spouse, and that person fails to pay what is owed in the future, a creditor may take action to collect the amount owed from the other spouse. [read post]
9 Dec 2022, 5:00 am
View Article The post Can Payment of Support Obligations Take Priority Over Other Creditors? [read post]
8 Dec 2022, 7:28 am
For starters, a trust can provide a shield against a beneficiary’s creditors. [read post]
7 Dec 2022, 8:57 pm
” The justices’ discussion with Zachary Tripp (representing the creditor trying to protect its claim against Bartenwerfer) was not nearly so hostile. [read post]
7 Dec 2022, 6:02 am
Needless to say, the corporation and partnership had obligations and rights relative to each other as well as to creditors. [read post]
