Posts tagged with: "distressed-debt"
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18 Jan 2017, 2:35 pm
When a debt collector violates the FDCPA, you have the right to sue them and the law provides that the collector has to pay you up to $1,000, plus any provable actual damages–such as emotional distress. [read post]
16 Jan 2018, 8:00 am
Some financially distressed taxpayers may qualify for an offer in compromise. [read post]
24 Jul 2012, 11:49 am
One of the most distressing findings of the AARP research was that those over the age of 75 were showing the fastest foreclosure increases. [read post]
23 Oct 2017, 1:59 pm
Further, the data indicates that the total amount of aggregate debt administered in oilfield services bankruptcy cases (spanning early 2015 – early 2017) is approximately $20.7 billion, with an average debt load of $175 million in each case. [read post]
5 Aug 2010, 8:29 am
Credit and Debt: A large number of consumers experienced problems with predatory lending, harsh debt-collection practices, billing and fee disputes, and fraud related to home mortgages. 3. [read post]
7 Mar 2011, 12:38 pm
Without which this would be yet another successful debt collection case by a law firm. [read post]
20 Jun 2019, 12:12 pm
It owed over $110 billion in debt and unfunded pension liabilities and, as a result, was struggling to provide basic services to its residents. [read post]
6 Aug 2012, 1:03 pm
The purpose of a Chapter 9 bankruptcy is to protect financially-distressed municipalities (such as cities, counties, and school districts) from their creditors while they develop and negotiate plans for adjusting their debts. [read post]
27 Apr 2009, 5:07 am
One of the main legal hurdles that lenders in a refinancing scenario had to overcome in the past was that Article 71 of Spanish Act 22/2003 on insolvency proceedings presumed to be prejudicial to the insolvent's assets, therefore extending the risk of rescission on some arrangements that were in the heart of their business, namely pre-payment of debts, the maturity of which would have otherwise fallen on a date after that in which the insolvency was declared, and creation of security… [read post]
10 Aug 2010, 12:16 pm
“We already know of two hedge funds that are being established specifically to buy this crap from distressed retail investors as and when rates start to rise,” Whalen was quoted as saying. [read post]
13 Oct 2011, 1:24 pm
Pursuant to the Dodd-Frank Act, the FSOC may require a nonbank financial company to be supervised by FRB and be subject to prudential standards if it determines that material financial distress at the nonbank financial company, or the nature, scope, size, scale, concentration, interconnectedness, or mix of the activities of the company, could pose a threat to the financial stability of the United States. [read post]
31 Oct 2011, 6:11 am
” A director of a firm that invests in distressed debt states that “deficiency judgments will eventually be bundles into packages that resemble mortgage-backed securities. [read post]
24 Mar 2010, 6:13 am
Convertible bonds have been an important source of financing for a wide variety of firms and have been particularly popular among distressed firms with depressed equity prices. [read post]
9 Feb 2024, 9:17 am
” The Court awarded $10,000.00 for emotional distress and $33,124.62 in attorneys fees, in addition to getting her $21,000.00 back. [read post]
22 Apr 2009, 8:05 pm
The jury awarded McCollough $250,000 for emotional distress, the statutory maximum of $1,000 for violating the Fair Debt Collection Practices Act and $60,000 in punitive damages. [read post]
14 Jul 2020, 3:56 pm
Suffice it to say, it is not always the most ideal solution for anybody going through financial distress. [read post]
26 Jul 2013, 2:04 pm
In a distressed economy, a lot of owners cannot afford to continue making the regular mortgage payments on their homes. [read post]
26 Oct 2022, 6:31 am
Victims often struggle in the aftermath of a crash as they’re unable to work, left with no way to pay off their mounting debts. [read post]
17 Apr 2023, 8:51 am
As such, claimants can pursue compensation for the "invisible scars" left behind by a serious injury, such as emotional distress, loss of enjoyment in life, and pain and suffering. [read post]
4 May 2020, 9:30 pm
Though personal bankruptcy rates have since stabilized, bankruptcy remains an important tool for the relief of financially distressed households. [read post]
