Sentences with phrase «well as debtor»

Petitioning creditors in involuntary bankruptcy filings need to be aware that they can be subject to having to pay a debtor's attorney's fees for obtaining a dismissal of the case and also may have to pay bad faith damages (both compensatory and punitive) as well as debtor's fees for prosecuting the bad faith damages case against petitioning creditors.

Our staff have worked for bankruptcy Trustees, credior law firms as well as debtor law firms.

Debt settlement is a process used by both creditors as well as the debtor to negotiate a resolution of existing money owed by law in order to avoid bankruptcy and the additional adverse effects on the debtor's credit rating it can bring.

Not exact matches

(See Making Student Debt Less Sticky) While the very uniqueness of each loan and each employee's situation makes it inefficient and uneconomical for any one business to take on the problem, in the aggregate this problem is a large source of growing concern for more than 40 million student and parent debtors (as well as their employers).

The week's developments have also revealed the IMF as an institution wracked by internal conflict over how best to handle its largest ever debtor.

This monetarist theory has guided Russian economic reform (and its quick bankruptcy) under Yeltsin and his oligarchy, as well as Chile's privatization (and early bankruptcy) under Gen. Pinochet, and the austerity programs (and subsequent bankruptcies and national resource sell offs) imposed by the IMF on third world debtor countries.

BF: Even on American television, commentators were complaining that he's not being specific and isn't going far enough, that is, far enough to help debtors as well as Wall Street.

The United States thus is a debtor to Russia, but it has learned well how to play the debtor game in such a way as to come out ahead.

She has structured private and institutional debt offerings, venture capital transactions and debtor - in - possession financings, as well as recapitalizations and restructurings.

The problem with the hustlers, explained Aaron, was that they hustled not just the debtors, but him as well.

As there are a plethora of debt relief options for the credit card debtors, most of them are unaware whether or not debt consolidation through a credit card debt consolidation company is the best option for repaying their debts.

Defaulting on a loan will cause a substantial and lasting drop in the debtor's credit score, as well as extremely high interest rates on any future loan.

Contrarily, since the majority of borrowers in repayment have never claimed the student loan interest deduction to begin with, maybe borrowers as a whole group would be better off letting the government handle all of the saved money under one program to lower the cost of education for a wider net of student debtors.

We might have a good idea of where credit default should trade for a basket of corporate debtors «credits» so long as we look at the thing as a whole, and don't carve it up.

This includes all good information on the debtor such as phone number, address etc..

Lenders require credit reports to easily assess whether you qualify as a good and reliable debtor.

These companies practice misleading advertising as well as charging debtors more than what they make in fees.

If you choose to lease solar panels, you will be expected to provide the lender with a copy of the solar lease, as well as termination of the UCC filing, a legal form giving notice that a creditor has an interest in the debtor's personal property.

Often, debt settlement negotiation can help the debtor avoid bankruptcy as well as an unpleasant judgment.

Exemption laws have been enacted by every state as well as the federal government to protect the property of debtors against the claims of judgment creditors and, once a bankruptcy case is filed, the trustee.

So there's no good reason to sign a reaffirmation agreement on a first mortgage, and as a practical matter a bankruptcy debtor with a first mortgage will usually not see a reaffirmation agreement proposed.

A list of the debtor's property, as well as an accounting of all contracts and leases in the debtor's name

As more fully set forth above, Debtor has made a good faith effort to repay the Student Loans, his current income and resources are such that he is unable to maintain a minimal standard of living even without making payments on the Student Loans and it is unlikely that Debtor's financial situation will improve significantly during the repayment period of the Student Loans.

The debtor regrets as to having to request this type of relief, but finds himself in a situation that is not expected to better itself, nor does he see any other way to find a solution for these loans.

The bank typically wants the mortgage debtor to have a significant interest in the house; that's a deterrent to default (the homeowner loses bookoo bux in equity) as well as a hedge against it (yes, the bank can repo the property, sell it, and get their money back).

Instead, 4 Pillars acts as a consultant / intermediary working solely on behalf of the debtor to navigate the complex and confusing debt industry and advocates for them to help find and implement the very best solution based on their long - term financial goals and dreams.

These include unpaid fines for personal injury or death caused if the debtor was charged with driving under the influence and traffic tickets, as well as court - ordered criminal restitution or any debts that arose from fraud.

I have watched at least three people I know get tremendous help with both their anxiety as well as come up with a reasonable strategy to get rid of debt by going to Debtor's Anonymous meetings.

``... purpose of the act has been again and again emphasized by the courts as being of public as well as private interest, in that it gives to the honest but unfortunate debtor... a new opportunity in life and a clear field for future effort, unhampered by the pressure and discouragement of pre-existing debt.»

Its objectives are as follows: 1) to prohibit collection agencies from utilizing abusive debt collection methods, 2) to provide debtors with remedies as well as a mechanism for disputing the... Read more»

A line of credit has monthly payments and interest rates that depend on how much the debtor has borrowed as well as on market conditions.

And as long as the proposal offers the creditors the same or more, it has to be more, it can't be less than what they would have got in a bankruptcy, it works out better for the debtor and the creditors.

By the 407 refusing license plate renewals until the debt was paid in full they were refusing the financial relief these debtors needed in this challenging financial time in life as well as potentially preventing debtors from continuing to earn a living if their job is dependent on having a valid driver's license.

ACCC is approved by the Department of Justice to provide consumers with the post-bankruptcy debtor education course as well as the pre-bankruptcy counseling session.

When most debtors find themselves at the end of their rope, they can often be compelled to file for bankruptcy however, it is important to be aware of the alternatives, as bankruptcy is not always the best solution to get out of debt.

A «student debtor» refers to a household owing outstanding education - related installment debt and includes loans that are currently in deferment as well as loans in their scheduled repayment period.

Most bankruptcy courts have adopted a three - part test to establish undue hardship, known as the Brunner test: (1) inability to maintain a «minimal standard of living» if forced to repay the loans, (2) likelihood that the conditions preventing repayment will persist for most of the repayment period, and (3) «good faith efforts» by the debtor to repay the loans.

A chapter 7 debtor with priority debt needs to have a fairly thorough analysis done of both the assets the debtor owns as well as the nature of the priority debt the debtor owes to make a decision as to whether to file a chapter 7 bankruptcy case.

As it stands now in the U.S. a voluntary only approach means that we are trusting that creditors will act collectively in the mutual best interest of the debtor and other creditors as a wholAs it stands now in the U.S. a voluntary only approach means that we are trusting that creditors will act collectively in the mutual best interest of the debtor and other creditors as a wholas a whole.

Having worked in Australia, Asia and London, Damien has nearly two decades of experience in all aspects of non-contentious and contentious restructuring and insolvency matters, acting for banks, investment funds and insolvency practitioners, as well as distressed corporate debtors and high net worth individuals.

These include when the debtor owes money for income taxes or employment insurance overpayments, as well as in some cases when money is owed for child or spousal support.

We may act for a debtor company attempting to restructure its affairs while holding off its creditors on one file, working for an accounting firm that is appointed by the court to act in the best interests of all creditors on a second file, and working for a secured creditor trying to recover as much as possible on the loans it made on a third file.

Salt Lake City — Best Lawyers ® has named Durham Jones & Pinegar Shareholder, Steven J. McCardell, as 2012 Salt Lake City Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law Lawyer of the Year.

In his national commercial bankruptcy and creditor's rights practice, David represents financial institutions and other secured creditors, unsecured creditors, and creditors» committees, as well as trustees and debtors - in - possession.

She has extensive experience representing creditors in disputes with debtors in all forums, including state court, federal court, bankruptcy court, as well as in arbitration proceedings.

He is recognized as an Indiana Super Lawyer and is listed in Best Lawyers in America ® for Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law.

As well as a number of ongoing, confidential, arbitrations and complex enforcement disputes, James will be heading to the Supreme Court in February 2017 to challenge the power of the English courts to require security before an award debtor can resist enforcement on public policy groundAs well as a number of ongoing, confidential, arbitrations and complex enforcement disputes, James will be heading to the Supreme Court in February 2017 to challenge the power of the English courts to require security before an award debtor can resist enforcement on public policy groundas a number of ongoing, confidential, arbitrations and complex enforcement disputes, James will be heading to the Supreme Court in February 2017 to challenge the power of the English courts to require security before an award debtor can resist enforcement on public policy grounds.

In Chapter 11 cases, Wege regularly represents debtors, DIP lenders, creditor committees, purchasers and secured and unsecured creditors in bankruptcy courts across the United States, as well as in international proceedings.

Ballard Spahr has been ranked in the National Tier 1 in Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law by U.S. News & World Report — Best Lawyers Best Law Firms over the past two years, and as a «Top Bankruptcy Law Firm» by The Deal for several years.

Best Lawyers ranked D J P No. 1 in Utah in Bankruptcy and Creditor - Debtor Rights Law for 2009, 2010, and again in 2011, ranking our attorneys as First Tier in the area of Bankruptcy and Creditor - Debtor Rights / Insolvency and Reorganization Law.