Sentences with phrase «protection against creditors»

From a common law perspective, those states that have a charging order as the exclusive remedy against businesses generally allow for more protection against Creditors.

Switching to an LLC could be for the mundane purpose of taxes or it could be to provide increased protection against creditors and shareholders.

Filing bankruptcy can provide instant protection against creditors.

However, if you're in a difficult financial situation that just keeps getting worse, filing bankruptcy may be your opportunity to seek broad protection against creditors, regain control of your financial life and rebuild your credit after bankruptcy.

Lehman Brothers, a Wall Street institution that could trace its origins back over 150 years, declared itself insolvent by filing for Ch 11 protection against its creditors in the early hours of Monday, 15 September, 2008.

If the marriage settlement is to confer protection against any creditors, it must be registered in the Register of Marriage Settlements.

This gives rise to similar considerations as the court expressed in F. (V.J.) when the appellant chose to place the family home in his wife's name as protection against creditors.

A debt - payment programme will give you protection against your creditors making you bankrupt, or forcing you to pay your debt by using diligence.

Fifth, the use of a life insurance trust can provide asset protection against creditors of the beneficiaries, and against the financial imprudence of the beneficiaries themselves.

Both Chapter 7 and Chapter 13 provide protection against creditor harassment, and may be used to stop foreclosure and repossession.

Not exact matches

The Federal Equal Credit Opportunity Act also prohibits creditors from discriminating against credit applicants because the applicant has in good faith exercised any right under the Consumer Credit Protection Act.

In the case that you can not manage your loan, this provides the creditor protection against their investment.

In some cases we will file separate charges with the Federal Trade Commission and Bureau of Financial Protection against each Credit Bureau and each individual creditor.

The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided that the applicant has the capacity to enter into a binding contract); because all or part of the applicant's income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act.

The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status or age (provided the applicant has the capacity to enter into the binding contract); because all or part of the applicant's income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act.

The Florida Constitution grants all Floridians the right to unlimited homestead protection against judgment creditors, regardless of the length of residency.

In addition, remember that the protection the Social Security Act provides for Social Security benefits against creditors does not extend to the government or the Internal Revenue Service (IRS).

The federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant's income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act.

Once you have filed for protection with the Court, your creditors are required by law to stop all collection activity against you.

Consumer protection agencies safeguard the rights of consumers against the unfair credit and collection practices of creditors.

DAS can also give you protection from creditors making you bankrupt, or using court action against you to enforce your debts.

REAL PROTECTION: Your money is wickedly protected against bankruptcy or creditors who would sue just to get to your assets.

At this point we will file separate charges with the Federal Trade Commission and Bureau of Financial Protection against each Credit Bureau and each individual creditor.

The court provides legal protection against further action by creditors.

The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant's income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act.

The Equal Credit Opportunity Act (ECOA) prohibits creditors from discriminating against credit applicants in any aspect of a credit transactions on the basis of race, color, religion, national origin, sex or marital status, or age; the fact that all or part of the applicant's income comes from any public assistance program; or the fact that the applicant has in good faith exercised any right under certain federal consumer credit protection laws.

It is legal to represent yourself in a bankruptcy, but experts don't recommend it, because a simple mistake can take away your legal protection against debt collectors, allow creditors to take away major assets or even result in criminal charges.

In Texas, bankruptcy protects consumers against lawsuit from creditors, but that protection doesn't start until after you've undergone the mandatory credit counseling session required by the new bankruptcy laws.

Notice: The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant's income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act.

Of course, you also get all the other benefits of your retirement account like pre-tax or Roth contributions and tax - deferred or tax - free growth, possibly low cost or unique investment options, the ability to borrow against it and pay yourself the interest, and creditor protections.

Once your petition has been filed all credit and debt collection activity must stop and you may begin to notify your creditors and any parties taking legal action against you regarding your finances or debts that you have filed for bankruptcy protection.

Below are descriptions of the three most well known consumer protection laws and details about how each one is designed to protect you against unfair creditor practices.

Bankruptcy protects consumers against lawsuits from creditors, but the extent of protection isn't as much under the new bankruptcy laws.

The Protection from Harassment Act 1997 allows for injunctions and damages against creditors who go too far and there has been a proliferation of these claims.

Thorpe LJ then referred to the balance between protecting the creditors against collusive orders in ancillary relief and protection orders justly made at arm's length for the protection of one of the spouses and the children of the family.

Thompson Hine's Business Restructuring, Creditors» Rights & Bankruptcy practice group, Commercial & Public Finance practice group, and Real Estate practice group are equipped to assist lenders in structuring financing transactions to enhance protections against preference and fraudulent transfer liabilities that may arise after a borrower goes into distress.

Consumer protection laws give people rights against their creditors.

Just as if you bifurcated your bankruptcy case, you'd continue to have protection against collection efforts from your creditors.