ABI

JANUARY 22, 2024

John’s University School of Law American Bankruptcy Institute Law Review Staff Section 1112 of title 11 of the United States Code (the "Bankruptcy Code") provides that upon request from a party in interest, a bankruptcy court may dismiss a chapter 11 case for "cause." [1] 1] In In re LTL Management, LLC , the U.S.

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PBWT

JULY 1, 2021

Supreme Court declined to revisit the rigid Brunner standard for determining “undue hardship” capable of discharging student debt. The same day, United States Bankruptcy Judge Michelle M. Harner applied the Brunner standard , discharging $178,000 of student debt. June 21, 2021) ( “In re Randall” ). ” Id.

Student loans 68

Student loans Student Loans Debtor Bankruptcy 68

Collection Industry News

JANUARY 4, 2021

And the unfortunate reality may very likely be that, with this particular can well and truly kicked down the road for such an extended period, tenants will suddenly be faced with insurmountable liabilities and forced into bankruptcy.

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Foreclosure Bankruptcy Collections Government 40

Burr Forman

SEPTEMBER 4, 2020

For more than a century, Burr & Forman LLP’s experienced legal team has served clients at the intersection of business and government with local, national, and international interests in numerous industry and practice areas, ranging from commercial litigation and class actions to corporate transactions, including bankruptcy and restructurings.

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The Creditors Rights

AUGUST 2, 2016

The United States District Court for the Southern District of Alabama subsequently held the Crawford decision as placing the FDCPA and the Bankruptcy Code in irreconcilable conflict. The court further noted that a “right to payment” under the Bankruptcy Code “is nothing more or less than an enforceable obligation.” Travelers Cas. &

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Debt collector Fair Debt Collection Bankruptcy Creditors 40

Fico Collections

APRIL 6, 2021

Failures are currently being forecast at around 900,000 businesses, with a wave of bankruptcies now predicted by the end of April, warns the Centre for Economic Performance (CEP) and the Alliance for Full Employment (AFFE). Of this, more than one in seven are predicted to be businesses with 10 or fewer employees. by Bruce Curry.

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Lender Creditworthiness Government Bankruptcy 52

Better Credit Blog

NOVEMBER 19, 2020

But they’re capable of handling more than just inquiries. Some of the issues they can help out with include: Bankruptcy. These companies can dispute inaccuracies on your report and get them removed. Credit repair companies can tackle bigger credit issues, providing you with a personalized plan for improving your score. Charge offs.

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Lender Loans Repossession Banks 52

Collection Industry News

JULY 4, 2022

About: More than half of utilities and consumer finance companies have the capability to process all monthly bill payments digitally. NEW PYMNTS DATA: HOW UTILITIES AND CONSUMER FINANCE COMPANIES CAN ENHANCE THE BILL PAYMENTS EXPERIENCE. The kicker? Just 12% of them do.

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Lender Loans Retail Banks 40

Better Credit Blog

OCTOBER 28, 2020

These companies can assist you with a range of credit problems, such as: Bankruptcies. If you aren’t fond of the idea of chatting with representatives of the company or the credit bureaus, you can leave the task in the capable hands of a credit repair service. Charge offs. Debt in collections. Late payments. Foreclosures.

Lender 40

Lender Loans Foreclosure Bankruptcy 40

AGA

JUNE 11, 2018

For the total time you have been doing business with the agency, by year, by month, and by account, you’ll want to know what their gross and net recovery rates are (net is after adjustment for bankruptcies and defunct and withdrawn accounts, etc.). Customized Reporting. An ad-hoc customized report building function is a bonus.

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Collection Agencies Collections Agency Collections Bankruptcy 40

Troutman Sanders

DECEMBER 27, 2022

In response, several crypto stakeholders filed amicus briefs, arguing the CFTC is not capable of serving the Ooki DAO because (1) it is a technology and not an entity that has the capacity to be sued, and (2) service of process through an online chat help box does not constitute sufficient service under applicable federal or state law.

Financial services 52

Financial services Banks Trade Retail 52

Collection Industry News

JANUARY 25, 2023

Part of the reason for this rapid adoption is that 90% of consumers say they are at least somewhat confident in their bank or credit union’s security/fraud capabilities. According to a new survey, mobile deposit is a huge driver of this; nearly 88% of Americans accessed their checking account(s) using a smartphone or tablet during 2022.

Banks 40

Banks Credit Card Debt Creditworthiness Financial Institution 40

FDCPA Defense

MAY 21, 2016

This allegedly led to the sale of accounts with inaccurate balance or APR data, and the sale of accounts that were not owed, because they were opened as a result of fraud, the account holder was deceased or in bankruptcy, or the account had been settled or paid in full.

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Government Collections Creditors Law Firms 40

On Guard

SEPTEMBER 28, 2020

Data analysis will also predict a prospective customer’s expected growth, chance of bankruptcy or payment behaviour. This is not a capability many organisations currently have without laborious manual methods. The finance team is more rapidly alerted to the first signs that a customer will not pay, for example.

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Credit Management Accounts Receivables Management Bankruptcy Collections 52

Fico Collections

SEPTEMBER 13, 2021

Acquirers possess a gold mine of data but the complexity of disparate platforms, unclear data strategy, poor data architecture, and limited buildout capabilities have impaired the ability to effectively monetize this asset.’ 2020 McKinsey Global Payments Report). Leverage analytics and rules.

Bankruptcy 52

Bankruptcy Judgment Banks 52

Fico Collections

APRIL 17, 2021

This means that the firm's position in those assets is dangerously overleveraged and a decline in their value large enough to cause the firm's bankruptcy could occur in the near future. And the more we learn, the deeper go in into specialized domain areas using our AI, machine learning, and advanced analytics capabilities.

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Collateralized Debt Obligation Trade Collateral Government 139