Sentences with phrase «fraud on creditors»

That kind of transfer is a fraud on creditors and can result in your discharge being denied.

[12] The 2014 Trial Decision, supra note 3 at para 119, citing Builders» Floor Centre Ltd. v Thiessen, 2013 ABQB 23 at para 89, 554 AR 152, Nielsen J, citing MA Springman et al, Frauds on Creditors: Fraudulent Conveyances and Preferences (Toronto: Thompson Reuters Canada Limited, 2009) at 24.

Not exact matches

This is the product of trying to believe Hayek's anti-government «Road to Serfdom» — that the government is the enemy, that regulation is the enemy, that prosecution of fraud is an interference with «the free market,» and that a «free market» is free for predators, for rentiers to be untaxed, for creditors to be given free reign, freedom from the law and even from having to take losses on their bad gambles.

A fraud alert simply sends out a blanket request to all creditors to contact you before they open any new accounts on your behalf.

To help consumers take advantage of the their consumer rights, a program was developed by attorneys to help consumers challenge their creditors and get a reduction in interest, principal and payments, based on education fraud.

If you receive an alert that a new credit card account appeared on your credit but you don't remember opening one, you can proceed to notify the creditor of potential fraud.

7) A due - on - demand clause - The exceptions are if: a) There is material misrepresentation or fraud by the borrower in connection with the loan; b) The borrower fails to meet the terms of repayment in the agreement; or c) There is any action by the borrower that negatively affects the creditor's security.

A fraud alert on your credit report sends a red flag that requires creditors to verify that you are the person applying for a loan or credit account.

To this day, Ruth will tell her clients, «the creditors may think that they are fooling you or that you won't challenge them on their fraud, but once they find out you joined with Golden Financial Services, their entire perspective changes.

By requiring bonding insurance, these states guarantee that the creditors who hire collection agencies are protected against loss resulting from fraud or incompetence on the part of the agency.

«In the event of a suspected breach, place a fraud alert on your credit report to alert potential creditors or lenders you may have been a victim of fraud,» said Battison.

Creditors, too, will sometimes require completion of a fraud affidavit if an account appearing on your credit report isn't yours.

A fraud alert puts a red flag on your credit report and notifies lenders and creditors that they should take extra steps to verify your identity before extending credit.

In addition, only 7 % of Credit Sesame members have what's called a fraud alert on their credit report, which alerts potential creditors or lenders that you may be or have been a victim of credit fraud or identity theft, and they need to take extra steps to verify your identity.

You may also benefit from reporting the crime to the police if the person who committed the fraud used your identity in a police - related matter (i.e. a traffic stop) or if creditors, debt collectors or others insist on your providing a police report to prove your innocence.

Most debts except: fines, penalties, compensation and forfeiture orders imposed by any court; any debt that has been incurred through fraud; student loans; any obligation to pay maintenance to an ex-spouse due under a court order (not Child Support Agency arrears or Child Maintenance Service arrears); and money owed to a creditor whose debt is secured on your property (such as a mortgage or secured loan).

The fraud alert doesn't stop you from obtaining credit; creditors will call the phone number you put on the alert to ensure it's you seeking the credit.

If you indeed are, or suspect you may be, a victim of fraud or identity theft, you can place a fraud alert on your credit report to notify potential creditors or lenders.

If your investigation turns up anything suspicious — for instance, someone trying to obtain credit in your name — contact all three credit bureaus to alert them about the fraud and ask them to put a temporary security alert on your information that will tell creditors to take extra steps to verify your identity if credit is requested.

Put a fraud alert on your credit reports, which notifies lenders and creditors that they should take extra steps to verify your identity before extending credit.

Successfully defended application on behalf of the Lawyers» Professional Indemnity Company (LawPro) against judgement - creditor concerning allegations of the improvident sale of real property, fraud, negligence and conspiracy.

Mr. Shenian's practice focuses on business and commercial litigation, with emphasis on real estate, commercial, contracts, creditor's rights, business fraud and unfair business practices.

Recent cases include: Axiom Litigation Financing Fund (acting for the «receiver / liquidator» of a Caymans Islands fund: # 110m dispute); Frauntled Management Limited v Featherwood ($ 13m investment dispute before the BVI Court of Appeal); BBX Capital Asset Management v Royal Bank of Canada & Ors ($ 30m Cayman dispute relating to transaction to defraud creditors / sham trusts); Trinity Management Group Ltd v Burke Consolidated Ltd (s. 184I / s.175 BVI dispute); Maruti Holdings PTE Limited v Sinclair Strategies Limited (BVI jurisdictional challenge); QVT Fund & Ors v China Zenix Auto International Limited (s. 184I and s184C BVI dispute: interim injunction) In addition, the international nature of commercial fraud often results in Paul advising in relation to proceedings before off - shore courts such as in VTB v Nutritek (advised on interim relief in Cayman Islands and maintenance of BVI injunction in light of UK Supreme Court decisions) and in other off - shore jurisdictions such as Jersey, Guernsey and Nevis.

His cases have included contested winding - up proceedings / shareholder disputes / protection; worldwide freezing and disclosure orders in respect of large scale fraud; company law, property and contractual disputes; trust disputes; breach of directors» duties / breach of fiduciary duties / recovery of assets; advising on Cayman Islands «STAR» trusts / transactions to defraud creditors.

Though using the language of «iniquity», in the context of civil proceedings, the Court of Appeal nonetheless was clear that the impugned conduct was as a type of fraud (in this case, on the creditors), within the meaning of section 423 of the Insolvency Act 1986.

Our work includes advising on cross-border insolvency regulations, serving as special maritime counsel to numerous creditor committees, advising on cross-border asset recovery actions, obtaining recognition orders and stays of arbitration and litigating fraud and misrepresentation claims.

The creditor is obliged to request a determination of dischargeability based on the alleged fraud.

This fraud alert on your credit file requires creditors to contact you before opening or making changes to your existing accounts.