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20 Nov 2014, 7:02 pm
However, Delaware cases have interpreted the term “creditor” broadly to include not only judgment creditors, but also contract creditors as well as creditors at large. [read post]
12 Aug 2013, 8:41 am
Because it is the Debtors, and ultimately their creditors, who benefit from the bankruptcy, it would be inequitable for Barden to pay income taxes for income that flows through to him for income tax purposes, but actually benefits the creditors of the Debtor. [read post]
17 Aug 2012, 10:34 am
Whether the creditor or a collection company for the creditor can collect on the account depends on the statute of limitations. [read post]
11 Feb 2010, 6:15 am
A creditor can repossess property only if the creditor has a valid security interest in that property and if the creditor follows the proper legal procedures for repossessing the property says California Business Lawyer Steven C. [read post]
3 Aug 2009, 10:23 pm
It is usually a good idea to have more than 3 petitioning creditors so that if the validity of any creditor's claim is challenged, such as that the claim is subject to bona fide dispute, there are still additional petitioning creditors with valid claims. [read post]
19 Jun 2023, 9:57 am
As a commercial creditor, it is essential to know how to enforce judgments against debtors. [read post]
24 Jan 2020, 4:00 am
Avoid the creditor challenges for a cleaner case. [read post]
12 Jan 2009, 5:27 pm
The company owes more than $26 million to its top 20 unsecured creditors, according to court filings and it listed Dison Gems as its top unsecured creditor. [read post]
14 Jan 2017, 6:38 am
When creditors are missing Omitted creditors usually create problems only for the person filing the bankruptcy. [read post]
24 Jan 2013, 8:00 pm
If this is the case, in the various bankruptcies one single joint creditors’ meeting must be held of which all the creditors of the companies involved will be informed and where they can exercise the powers accruing to creditors. [read post]
7 Dec 2011, 6:00 am
Those creditors then get to approve of the plan if their rights are infringed. [read post]
30 May 2012, 3:03 pm
In an outcome desired by the hedge fund and securities industries, the US Supreme Court ruled that a Chapter 11 bankruptcy plan may not be confirmed over the objection of a secured creditor bank if the plan provides for the sale of collateral free and clear of the creditor’s lien but does not allow the creditor to credit-bid at the sale. [read post]
21 Sep 2007, 4:42 am
Answer: All unsecured creditors (like credit cards) are included in your proposal. [read post]
7 Oct 2008, 4:00 am
Again, if a shareholder is also a lender, than he is also a creditor. [read post]
26 Sep 2011, 7:44 am
You can file with any amount owed to any creditor. [read post]
24 Feb 2012, 8:12 am
When a Company finds itself under increasing pressure from unpaid creditors and it has insufficient funds to meet creditor payments the directors may find themselves seeking advice with regards to the Compulsory Liquidation of the Company. [read post]
2 Aug 2007, 11:09 am
Creditors talk the talk, but do they walk the walk? [read post]
2 Feb 2012, 7:07 am
Even if you do not believe you owe the creditor money, but the creditor believes you owe money, you should list the creditor. [read post]
31 Jan 2012, 6:40 pm
Even if you do not believe you owe the creditor money, but the creditor believes you owe money, you should list the creditor. [read post]
12 Jun 2017, 7:15 am
When your debt goes unpaid for an extended period of time, creditors begin to take severe action to get their money from you. [read post]
