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27 Sep 2022, 7:00 am
(Editor’s Note: This article also appears in Transnational Litigation Blog.) [read post]
26 Sep 2022, 7:59 pm
She also assists debtors, creditors, bankruptcy trustees and others assess, manage and resolve labor and employment, employee benefits and insurance, payroll and other compensation related concerns ari [read post]
26 Sep 2022, 6:15 am
Schwartz had begun preparing a bankruptcy plan that would use the company’s disposable income to pay creditors. [read post]
25 Sep 2022, 7:30 am
The duties of the personal representative are to: inventory and collect the decedent’s assets; manage the assets during administration; receive and pay the claims of creditors and tax collectors; and distribute the remaining assets to the decedent’s beneficiaries. [read post]
25 Sep 2022, 7:30 am
Spendthrift Clause: A clause that prohibits a beneficiary from selling, giving away, or otherwise transferring the beneficiary’s interest, and prevents a beneficiary’s creditors from reaching the beneficiary’s interest in the trust. [read post]
23 Sep 2022, 10:39 am
This repayment plan will allow you to repay creditors with the money that is left over after paying your living expenses. [read post]
23 Sep 2022, 8:05 am
Pursuant to QM requirements, a creditor must consider and verify the consumer’s income or assets relied on in making the loan. [read post]
22 Sep 2022, 1:55 pm
The Office of Federal Contract Compliance Programs (OFCCP) has revised its existing Functional Affirmative Action Programs (FAAP) Directive. [read post]
22 Sep 2022, 12:44 pm
The Fifth Circuit rejected this proposed approach, stating that it “seems designed simply to elevate the rights of sureties above those of other creditors. [read post]
22 Sep 2022, 3:25 am
A new Equal Employment Opportunity Commission (“EEOC”) lawsuit that refusing to hire an applicant for testing positive for legally prescribed medications could violate the Americans With Disabilities Act (“ADA”) under certain circumstances. [read post]
22 Sep 2022, 1:12 am
Pix credit here She left the web, she left the loom She made three paces thro' the room She saw the water-flower bloom, She saw the helmet and the plume, She look'd down to Camelot. [read post]
21 Sep 2022, 6:26 pm
Four more Department of Justice (“DOJ”) settlements announced today warn other businesses against discriminating against non-U.S. citizens by posting job opportunities with discriminatory citizenship status in recruiting or other employment restrictions or practices in violation of Immigration and Nationality Act’s (INA). [read post]
21 Sep 2022, 6:28 am
For instance, if the business runs into liquidation, creditors can only recover their debts from selling or auctioning the company’s property; they cannot go after the owner’s assets. [read post]
19 Sep 2022, 9:15 pm
If a debtor fails to respond to communications or is unwilling to work with a creditor to find solutions, the creditor may need to take steps to collect the debt. [read post]
19 Sep 2022, 6:08 pm
The combined effect of these factors reduced the aggregate size of global creditor and debtor positions in relation to world GDP. [read post]
19 Sep 2022, 2:04 pm
Alternately, if a creditor claim is not paid in full by the estate, a creditor can try to pursue full paying of the claim through direct action. [read post]
19 Sep 2022, 1:44 pm
For instance, creditors may not even need to be given notice in such proceedings. [read post]
19 Sep 2022, 4:25 am
Transfer restrictions like these often make good business sense; they protect against the risk of outside ownership, and they ensure that members may not transfer their interests to satisfy creditors. [read post]
18 Sep 2022, 11:43 am
You’re being harassed by creditors. [read post]
17 Sep 2022, 5:30 am
It may also be that due to the nature of the proof of claims that filed by your creditors, confirmation of your Chapter 13 plan is not feasible and converting to a Chapter 7 would resolve issues with creditors, make more sense, and be more beneficial for you. [read post]
