Sentences with phrase «involved debtor»

The case of In Re Cagle involved a debtor who owed $ 94,000 of student loans dating back to 1992.

A particularly interesting portion of the hearing involved debtor - in - possession financing.

It usually involves a debtor depositing a set amount into a designated account every month for several years, while ceasing to pay their bills.

This does occur, but it rarely happens, and it really does not involve the debtor so much as the creditors.

Today roughly 1 in 10 insolvencies in Canada involve debtors over the age of 60.

He acts regularly as lead counsel in appeals throughout the United States, many of which involve debtor - creditor issues.

Not exact matches

Much of the complaint involves income - repayment programs intended to help struggling debtors.

To quote from the company's 2017 10 - K filing «We represent underperforming companies that are debtors - in - possession and lenders... we provide independent litigation consulting, including bankruptcy and avoidance litigation... [and] advise our clients in response to allegations involving the propriety of accounting and financial reporting, fraud, regulatory scrutiny and anti-corruption.»

It was originally a term of Roman and Civil law to express the character of a contract which in a single matter involved several obligations on the part of the debtors, with corresponding rights to the creditors....

Also, the justices ruled in favor of a student debtor in a case involving student loans and bankruptcy that was being watched closely by many in banking and higher education.

This presumption can be rebutted, but the burden is on the debtor to prove that the purchases did not involve luxury goods or services.

Bonds are loan contracts involving creditors and debtors.

These exception - to - discharge lawsuits basically involve allegations that the debtor intentionally or recklessly harmed the creditor.

(1.1) Two or more consumer proposals may, in such circumstances as are specified in directives of the Superintendent, be dealt with as one consumer proposal where they could reasonably be dealt with together because of the financial relationship of the consumer debtors involved.

The new law increases the amount of paperwork involved in filing and raises the filing fees for debtors earning 150 % of the federal poverty level or more.

This fact prompted one lawyer who makes his living defending debtors having been falsely accused of owing some of these debts to say, «In every single case I have involving a debt buyer, they refuse to produce a forward flow agreement.

Bankruptcy law defines the rights and responsibilities of all parties involved in the bankruptcy process — the Superintendent of Bankruptcy, the official receivers, the bankruptcy court, licensed bankruptcy trustees, the creditors and the debtor.

Chapter 13 bankruptcy: This type of bankruptcy is often referred to as «reorganization», and it involves a repayment plan that sets forth with specificity the manner in which debtors will settle their debts over three to five years.

The primary parties involved in an insolvency proceeding (whether it is a proposal or a bankruptcy) are the debtor, the creditors, and the licensed insolvency trustee.

The debtor will supply the trustee with a list of all legal actions against them (whether pending, started, or completed) and the parties involved are given notice that a filing for a proposal or a bankruptcy has been made and that the stay is in place.

In a blog post discussing the involvement of solicitors in pseudonymous law firms like those alleged to be used by the banks, Richard Moorhead has observed, among other things, that «there is a substantial risk that the solicitors who signed or were involved in the production of the letters have breached their obligation to act with integrity» and that «there is a question over whether Outcome 11.1 (rule 11.1 in effect) has been breached that is solicitors must not, take unfair advantage of third parties [the debtors] in their professional capacity.»

Bankruptcy law involves the procedure or legal method by which a debtor is relieved of financial liability for its debts by establishing a court - approved reorganization plan or plan for partial repayment.

This could involve sending a non or «semi compliant» letter providing the debtor with a shorter period of time for payment but then issuing proceedings if payment is not made.

If a creditor knows that the debtor is almost certainly going to contest those proceedings or the debt is complex then, subject to the amount involved, it may make more sense to engage with the Protocol to avoid criticism at a later stage.

Successfully defended dozens of debtor collectors from throughout the country in claims involving alleged violations of the FDCPA.

Liquidation involves the appointment of a trustee who collects the non-exempt property of the debtor, sells it and distributes the proceeds to the creditors.

In re: Carpenter, No. 09 - 2897, involved a creditor's appeal from a bankruptcy appellate panel's holding that a social security payment to debtor was exempt and should not be included in his bankruptcy estate.

His diverse insolvency and bankruptcy practice experience has involved the representation of secured and unsecured creditors, creditors» committees, debtors, trustees, liquidating trusts, lessors, and purchasers of stock or assets of insolvent entities.

Successfully defended dozens of debtor collectors throughout the country in claims involving alleged violations of the FDCPA.

A debtor will also have to qualify to file Chapter 7 by taking the means test, which involves a comparison of the debtor's income against the state median.

His practice involves representing lenders, creditors, trustees, assignees for the benefit of creditors, and debtors in chapter 7 liquidation proceedings, chapter 11 reorganization proceedings, state court foreclosure actions, and out of court restructurings and liquidations.

Perkins Coie's Financial Transactions & Restructuring group represents and advises secured and unsecured creditors, committees, lenders, trustees, borrowers, acquirors, indenture trustees and debtors on matters involving commercial finance transactions, public debt offerings, project finance, loan documentation, restructurings, workouts, bankruptcy and the enforcement of creditors» rights and remedies.

As a lawyer involved in creditor - debtor law, James H. Wilson, Jr., recognizes that speed can be critically important in securing your rights, especially when your personal or commercial financial interests are at stake.

The post ends by noting that this result is «unfortunate for bankruptcy debtors seeking a fresh start,» but it goes on to suggest «proper estate and bankruptcy planning» and gives a general example involving a spendthrift trust.

Bankruptcy lawyers represent creditors and debtors in financial restructurings, workouts, bankruptcy cases and other matters involving financially distressed transactions.

The cases involved four debtors who defaulted on their credit cards.

Des Moines, IA (Law Firm Newswire) April 8, 2013 — One of the most common questions debtors have when they speak to an Iowa bankruptcy lawyer is «What is involved in foreclosure?»

I have prosecuted and defended adversary cases within the United States Bankruptcy Court for both debtors and creditors involving dischargeability actions and claims of fraud.

First launched in beta two years ago, Inforuptcy is a service designed for anyone who is regularly involved in bankruptcy matters, including lawyers, creditors, debtors and investors.

Representing the debtors in the recognition under the CCAA of foreign main proceedings involving Hartford Computer Hardware, Inc. and under Chapter 11 of the United States Bankruptcy Code

Mr. Hensley's litigation experience is broad in nature, encompassing such diverse practice areas as: real estate issues of almost any nature; construction defect litigation (both plaintiff and defense, representing developers, contractors, managers, subcontractors, and design professionals); federal and state securities class action / derivative defense; partnership / corporate governance issues; UCC / commercial paper / letter of credit issues; intellectual property / trade secret / unfair competition issues; wrongful termination / harassment trials; wage / hour class action defense; contract formation and interpretation issues; bankruptcy adversary proceedings; health care disputes; telecommunications issues; and debtor / creditor financing issues involving both secured and unsecured interests.

Labovitz, 40, joins Debevoise from Kirkland & Ellis, where her notable assignments included serving as debtor's counsel on Chapter 11 cases involving Chemtura Corporation, which filed for bankruptcy protection in 2009 and TOUSA, Inc., which did so in 2008.

Claimants» delay in not moving for fees pre-dismissal was reasonable because the counsel involved did not want to delay other unsecured creditors» wish that the case be dismissed so they could post haste sue debtor in state court for collection of debts owed.

We have also been retained by Canadian debtors and their creditors in many of the largest and highest - profile cross-border restructurings in recent years, including leading roles in Chapter 11 and Chapter 15 proceedings, Canadian - U.S. cross-border insolvency proceedings, out - of - court workouts and asset sales involving distressed companies.

2 Sept. 25, 2014)(unpublished) is a real imbroglio involving bankruptcy adversary and state court proceedings in which vexatious litigant orders and fee recovery orders were entered, eventually with an attorney for a vexatious litigant being added as a judgment debtor for purposes of certain vexatious litigant sanctions rulings.

Served as lead counsel and obtained entry of judgment on the pleadings in favor of chapter 11 debtor in adversary proceeding involving claim to ownership of US$ 200 million tax refund monies.

Served as lead counsel for the defendant and achieved a defense verdict on behalf of a debtor bank holding company following an advisory jury trial involving a claim by the FDIC for more than US$ 500 million.

As a prelude to bankruptcy or winding up, you may opt to serve a statutory demand, which at least does not involve expensive court fees and may flush out the debtor as to whether he, she or it has anything to lose.

Her bankruptcy practice involves representation of debtors, creditors and purchasers of assets in workouts and bankruptcy restructuring.

The other case involved which exemptions laws applied to a debtor who had moved from Texas to Missouri to Kansas within two years of filing bankruptcy.