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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]
9 Feb 2022, 5:30 am
This is typically only allowed in special circumstances such as where the debtor is using, or possessing, valuable property used to secure a debt owed to the creditor for which the debtor is not fairly compensating the creditor, to the detriment of the creditor’s rights (i.e. driving a car around with a loan against it and not making payments). [read post]
30 Mar 2022, 5:30 am
Any money paid by the debtor to keep nonexempt property likewise goes to pay creditors. [read post]
20 Feb 2012, 1:00 am
This attorney is getting a lesson on just how annoying having creditors call you can be -and they aren't even my creditors. [read post]
2 Feb 2007, 4:53 pm
Delta's Creditors Approve $2.5 Billion Financing Plan, CNBC.com, February 2, 2007 U.S. [read post]
5 Jul 2015, 8:25 am
Creditor governments have national interests. [read post]
3 May 2022, 7:02 am
The post Ripping Off Your Fellow Creditors Disqualifies You From Bankruptcy Committees And Maybe From Running A Hedge Fund, But Not From Being A Lawyer appeared first on Above the Law. [read post]
13 Dec 2009, 4:43 pm
If you fail to list all of your creditors and the related debts, your case can get dismissed. [read post]
21 Mar 2007, 8:21 pm
For more than 15 years, creditors in the Ninth Circuit who sought to include in unsecured claims amounts for attorney's fees incurred post-petition litigating bankruptcy issues have had that portion of their claims disallowed. [read post]
29 May 2012, 9:36 pm
Creditors Have a Way Around Things Even though the automatic stay kicks in as soon as you file for bankruptcy, it is common for some creditors to apply for relief from the stay. [read post]
5 Dec 2011, 7:44 am
If the creditor knowingly looks to garnish an exempt asset, the creditor may be held liable for damages, fees and costs. [read post]
29 Sep 2010, 7:10 am
We will listen to the client's concerns and determine if the client has existing or identifiable future creditors or if the client, with no creditor issues at all, simply desires to be prudent and adopt a plan that will protect his assets from unknown future creditors. [read post]
4 Nov 2021, 6:01 am
Creditors lend money to debtors under the presumption that these debts will be repaid. [read post]
30 Nov 2009, 12:13 pm
" In other words, if you know you are not going to keep the car for whatever reason, the amount you owe on it can't be used to determine the amount you can pay your unsecured creditors in a chapter 13 bankruptcy. i.e. you will end up paying more to unsecured creditors if surrendering the car. [read post]
10 Nov 2009, 8:57 am
Will creditors be more insistent on including attorney's fees provisions in contracts? [read post]
13 May 2019, 12:10 pm
Unfortunately for Illinois creditors, Illinois law gives a broad definition of the types of retirement plans that are protected from creditors. [read post]
16 Feb 2012, 6:28 pm
After you die your heirs, or your creditors, can open a probate estate to make sure your debts paid from your non-exempt assets which make up your probate estates. [read post]
11 Feb 2010, 6:06 am
If you have less than 12 creditors, just one creditor can file an involuntary bankruptcy petition. [read post]
15 Apr 2019, 5:31 am
Most creditors understand that if they obtain a money judgment in a state other than Florida the creditor can transfer the judgment to Florida in order to pursue the debtor’s Florida assets. [read post]
3 Aug 2010, 7:05 am
Is the value of the secured creditor’s claim in a Chapter 13 cramdown what the creditor would receive if it foreclosed its lien or what the debtor would pay to replace the collateral. [read post]
