Category: Bankruptcy Law
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What are Creditors Rights?
Creditor Rights is a generic terms for the tool-box of rights that any creditor has to collect outstanding debt from the debtors that owe the creditor money. This Creditors Rights tool box is available whether in a bankruptcy or non-bankruptcy context. Creditors Rights Protect Creditors When Debts Become Hard to Collect If one of your…
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Creditors Rights Attorney Representing Secured Creditors Beware
There is a common misconception that once property is abandoned by the Chapter 7 Trustee, the protection of the automatic bankruptcy stay no longer applies.
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Failure to Pay Dividend Led to Chapter 13 Case Dismissal
The Failure To Pay The Promised Dividend To Unsecured Creditors Was Ruled Grounds For Dismissal Of A Chapter 13 Case, Even If The Debtor Makes All Monthly Plan Payments. In the recent opinion issued in Schlegel v. Billingslea (In Re Schlegel), 14 C.D.O.S. 3166 (March 31, 2015), the United States Bankruptcy Appellate Panel of the…
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Only a Judge Can Extend Bankruptcy Deadlines – Even if Counsels Agree
A Stipulation to Extend the Deadline to File an Adversary Proceeding in a Chapter 7 Case Needs a Court Order to be Enforceable. Creditors should be wary of relying on an agreement of Debtor’s counsel to extend the deadline to file a complaint objecting to discharge under Bankruptcy Code Section 727. In In Re Alazzeh, 14…