Posts tagged with: "Debt"
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15 Jul 2013, 7:16 am
MishkinThe Senate Banking Committee’s Subcommittee on Financial Institutions and Consumer Protection will hold a hearing on Wednesday, July 17 entitled “Shining a Light on the Consumer Debt Industry. [read post]
27 Feb 2009, 2:16 pm
Redstone, the media mogul who controls both Viacom and CBS, reached a deal with banks on Friday that gives him two more years to pay down some $1.46 billion in debt without having to sell more stock in either company, his family holding company, National Amusements, said in a statement. [read post]
31 Aug 2007, 7:33 pm
Can you be held liable for a relative’s debt? [read post]
30 Nov 2015, 6:53 am
In an Opinion Letter letter dated Nov. 2, the Massachusetts Division of Banks declared that collection law firms in Massachusetts are required to obtain a debt collector license pursuant to Mass. [read post]
14 Dec 2010, 8:00 pm
Would I be liable for any debts if she defaults on the lease since we're married? [read post]
29 Dec 2008, 2:02 pm
General Motors's lending arm won't say whether bondholders approved a complex $30 billion debt-for-equity swap (crafted in part by Wachtell) that would cement its new status as a bank-holding company eligible for billions in federal bailout aid. [read post]
22 Jun 2011, 5:27 pm
CPAs Alice Upshaw and Darlene Pulliam analyze a recent Tax Court ruling that found that “a taxpayer’s loan to a business associate was made in connection with the taxpayer’s trade or business, and therefore, the forgiveness of that loan was a bad-debt loss under IRC § 166(a). [read post]
29 Dec 2011, 12:30 pm
The District Court of Maryland ordered a stay on over 3,800 debt collection cases filed by LVNV and Resurgent Capital Services. [read post]
15 Apr 2019, 1:34 pm
ANNAPOLIS – Maryland’s top court will consider whether creditors seeking delinquent payments can be held liable under the state’s Consumer Protection Act for the debt-collection actions of their attorneys when lawyers are exempt from liability under the CPA. [read post]
26 Oct 2016, 1:36 pm
A Towson law firm is being sued over alleged violations of consumer protection laws by a woman who claims the firm attempted to collect a judgment on a debt she owed by garnishing her wages using an illegal post-judgment interest rate. [read post]
25 Mar 2009, 5:33 pm
Moody's Investors Service on Wednesday cut the debt ratings of Bank of America and sent its rating of the bank's preferred stock into junk territory, citing an increasing risk that government intervention may be needed to bolster the bank's capital position. [read post]
10 Nov 2014, 10:55 am
Wall Street Journal, Younger Generation Faces a Savings Deficit: Adults under age 35—the so-called millennial generation—currently have a savings rate of negative 2%, meaning they are burning through their assets or going into debt, according to Moody’s Analytics. [read post]
14 Apr 2024, 12:12 pm
In my forthcoming piece in the Fordham Urban Law Journal, I take on the question of how artificial intelligence might expand access to justice, with a particular focus on consumer debt litigation. [read post]
22 Oct 2009, 9:47 am
Joe Kristan has a very important post today about a Tax Court ruling that says creditors need more than a 1099-C to fix the amount of a debtors debt cancellation income. [read post]
17 Nov 2014, 10:51 am
It has been several months since the Eleventh Circuit handed down its decision holding that filing a proof of claim on “time-barred” debt violates the FDCPA. [read post]
9 Apr 2007, 11:09 pm
They are followed by important looking envelopes containing collection letters from attorneys or debt collectors. [read post]
3 Nov 2014, 4:39 pm
Nov. 8, 2013), the district court held that the bankruptcy court did not err in ruling that a mortgage creditor’s filing a proof of claim for an unsecured deficiency judgment debt that had been discharged in the debtors’ prior bankruptcy case violated the discharge [...] [read post]
22 Apr 2020, 3:00 am
This Mintz memo says that although the Covid-19 crisis has created significant disruptions for pending & planned M&A deals, it has also created opportunities for PE funds to answer middle-market companies’ need for debt financing. [read post]
15 May 2017, 2:29 pm
The Supreme Court of the United States [official website] held [opinion, PDF] on Monday that a creditor may seek repayment of a debt even after the statute of limitations period has expired without facing sanctions. [read post]
13 Jan 2022, 11:53 am
The post Frosh: Thousands in Maryland will see debt relief under Navient settlement first appeared on Maryland Daily Record. [read post]
