Sentences with phrase «in creditor abuse»

Those who need legal assistance to achieve a reasonable debt settlement, take action against a creditor engaged in creditor abuse, pursue an insurance settlement, or need help with tax resolution, there is help!

Not exact matches

Such trusts, which protect assets from creditors and divorcing spouses, may include a clause that cuts off payments to beneficiaries who fail to graduate from college or find gainful employment or who engage in substance abuse.

Greece's political leaders, more accustomed to screaming abuse at each other in parliament, issued an unprecedented joint statement after a day of talks at the president's office backing efforts to reach a deal with creditors.

Within 10 days of the creditors» meeting, the U.S. trustee will report to the court whether the case should be presumed to be an abuse under the means test described in 11 U.S.C. § 704 (b).

Keep in mind, that the Settlement Proposal also typically includes Claims against the creditor as well (see collection abuses) which makes the offer VERY APPEALING!

The means test was devised by Congress in the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act to help protect creditors from abuse by debtors whom formerly had filed bankruptcies in a serial fasAbuse Prevention and Consumer Protection Act to help protect creditors from abuse by debtors whom formerly had filed bankruptcies in a serial fasabuse by debtors whom formerly had filed bankruptcies in a serial fashion.

In the wake of more debtors struggling with their dues, creditors seem to have stepped up their money - realization techniques by making embarrassing calls at work, divulging your debt details to your neighbors, resorting to abuses, and lying about their status (debt collectors often claim that they are employed by credit bureau).

This process can create a high degree of risk for consumers, who are open to abuse by companies interested in only collecting up - front fees while leaving consumers to deal with disgruntled creditors, most of whom are not interested in waiting for years to accept a pennies - on - the - dollar settlement.

Creditors may even be abusing and violating your consumer rights, and therefore in some cases, Fair Debt Collection Practices Act and Fair Credit Reporting Act Protection is included.

Creditors do have a legitimate right to sue you when you don't pay your debt, but often they will abuse your rights in an effort to scare you and collect money.

A «presumption of abuse» will arise if: (1) the debtor has at least $ 182.50 in current monthly income available after the allowed deductions (this equals $ 10,950 over five years) regardless of the amount of debt, or (2) the debtor has at least $ 109.59 of such income ($ 6,575 over five years) and this sum would be enough to pay general unsecured creditors more than 25 % over five years.

They are also able to assist those in financial debt that are dealing with the constant harassment of creditors that relentlessly hound and even at times abuse consumers.

In addition to helping you with your creditor abuse issues, the attorney can help you with any other legal issues you may have.