Sentences with phrase «debt enforcement»

This is usually the first stage in the formal debt enforcement process known as «diligence».

On Saturday, June 28, 2014, Puerto Rico Governor Alejandro Garcia Padilla signed into law the Puerto Rico Public Corporation Debt Enforcement and Recovery Act (the «Act»).

While there exist specialised commercial courts to deal with finance based litigation, almost all insolvency related litigation is dealt with by the court for debt enforcement and insolvency actions on a mandatory basis.

The Fair Debt Collection Practices Act (FDCPA) promotes fair, honest and responsible debt enforcement practices.

Please also see our related practice area webpages: Toronto Attorneys for the Enforcement of U.S. Judgments, Toronto Attorneys for U.S. Debt Enforcement, Toronto Cross-Border and International Attorneys, Toronto International Sale of Goods & Recovery of Accounts Receivables Attorneys and Toronto Attorneys for Jurisdiction Forum Challenges.

On the one hand, several amendments to the Federal Statute on Debt Enforcement and Bankruptcy entered into force on the 1st January 2014.

(3) In 2014, Puerto Rico's legislature passed a law, the Puerto Rico Public Corporation Debt Enforcement and Recovery Act, which created a mechanism analogous to Chapter 9 bankruptcy by which Puerto Rico public corporations can restructure their debt.

It could try to help in other ways, such as not imposing any further charges, rescheduling payments or charges to minimise the impact, stopping any debt enforcement action against you or putting you into a payment plan to manage any debts you have with it.

It could try and help in other ways, such as not imposing any further charges, stopping any debt enforcement action against you or putting you into a payment plan to manage any debts you have with it.

We deal with matters in a variety of realization practice matters including: debt enforcement, security enforcement, and receivership.

The SCC decided the provincial legislation and the federal BIA clearly conflict — and can't operate concurrently: one provides for the release of all claims provable in bankruptcy, while the other disregards this release and allows for the use of a debt enforcement mechanism to exclude a discharge in bankruptcy.

Ontario's Highway 407 Act (a debt enforcement mechanism in favour of the private owner and operator of an open - access toll highway) conflicts with the federal Bankruptcy and Insolvency Act (a discharged bankrupt is released from all provable claims) ̶ it offends the doctrine of federal paramountcy and is inoperative to the extent of the conflict.

Further, in certain parts of Switzerland the debt enforcement and insolvency court will be composed of a single judge.

Where insolvency litigation is heavily finance based, for example because the underlying contracts are based on ISDA Master Agreements, the debt enforcement and insolvency court may not dispose of the same level of expertise as the commercial court.

Where the company's liabilities exceed the assets and lenders demand payment, or refuse to agree on an enforcement standstill period, the board has to notify the debt enforcement and insolvency court within four to six weeks.

In such cases it would be beneficial if the parties were able to choose the court where they want to bring their action rather than ascribing mandatory jurisdiction to the debt enforcement and insolvency court.