The U.S. Bankruptcy Code provides that if a debtor makes an intentional fraudulent transfer within one year of the filing of bankruptcy petition, the debtor will be denied a discharge. Since the ...

Discover what makes a debtor nation. Learn how they function, their global financial role, and why the U.S. is a leading ...

In this modern world that we live in, consumers are protected and have certain rights when it comes to debt collection. The practices of debt collection agencies have to abide by rules through the ...

Although the Bankruptcy Act provides some benefits to the stakeholders, the Act suffers from several loopholes. For example, the Act failed to address corporate body and cross-border bankruptcy issues ...

March 15, 2022 - Parties to contracts with a company that files for Chapter 11 bankruptcy are often urged to continue doing business with the debtor after its case is filed to avoid disruption of ...

A beer wholesaler in Washington state, Crown LLC was owned 51% by a company called Crown Distributing Company of Everett, Inc. ("Crown of Everett") that itself was owned by Debtor. The other 49% was ...

A debtor or borrower is a person or organization that borrows money from a financial institution, usually tied to a loan or credit card. The Fair Debt Collection Practices Act protects debtors from ...

LAKE CHARLES, La. (KPLC) - Legal Corner answers viewers’ civil legal questions. QUESTION: The Court entered a judgment ordering the other party to pay me money. When will I get paid and how long is my ...

February 1, 2023 - In Finance of America LLC v. Mortgage Winddown LLC (In re Ditech Holding Corp.), No. 21-cv-10038 (LAK) (S.D.N.Y. Sept. 23, 2022), District Court Judge Lewis Kaplan answered the ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. The decision to send someone to collections is one ...

The post-GFC rise of debtor finance as a source of cash flow relief is a sign of the sector's growing maturity in Australia. Nearly all debt-financing agreements are discounting deals, where a company ...

Investors looking for an indication of a firm's commercial power may look at how fast it pays customers and suppliers. Enter debtor and creditor days. Say a firm has sales of £500m, opening ...