Jimerson Firm

NOVEMBER 23, 2020

Self-Help Repossession: In Florida, a secured creditor may use self-help repossession to take possession of collateral, provided its efforts do not breach the peace. Florida case law provides that a breach of the peace occurs if the secured creditor enters the debtor’s land to repossess the collateral, without the debtor’s consent.

Collateral 98

Collateral Loans Secured Creditor Lender 98

Jimerson Firm

FEBRUARY 11, 2022

Contractors and subcontractors that have lien rights under applicable construction lien laws may have the ability to assert what is known as a secured claim in bankruptcy. Secured creditors are those that have their claims for payment secured by a lien or mortgage on the property of the debtor. Conclusion.

Construction 98

Construction Bankruptcy Secured Creditor Debtor 98

Collections Law

DECEMBER 14, 2021

Search for secured creditors – Before you seize your debtor’s property, you want to make sure another creditor does not have a lien on that property, or you could become liable for that debt. Real estate may require additional steps, but is not off-limits.

Commercial Collection 52

Commercial Collection Collections Debtor Judgment 52

Hudson Weir

FEBRUARY 12, 2021

The creditors will then be repaid using funds from the estate in the following order of priority: Secured creditors (e.g. mortgage loans) Funeral expenses Testamentary expenses (expenses incurred by the personal representative in administering the estate, e.g. legal fees) Preferential creditors Unsecured creditors (e.g.

Secured Creditor 52

Secured Creditor Unsecured Creditor Bankruptcy Creditors 52

Sawin & Shea

NOVEMBER 15, 2023

That means that you must continue to pay on most secured debts to keep or hold onto the collateral. This is a voluntary agreement between a secured creditor and the debtor that re-obligates the debtor on the secured debt. The debtor must maintain regular payments on the secured loan in order to keep the collateral.

Unsecured Debt 52

Unsecured Debt Chapter 7 bankruptcy Collateral Bankruptcy 52

Burr Forman

JANUARY 7, 2022

With 350 attorneys and 19 offices across Florida, Alabama, Delaware, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee, Burr & Forman draws from a diverse range of industry experience and practice knowledge to help clients address their legal needs and achieve their goals.

Bankruptcy 52

Bankruptcy Creditors Secured Creditor Manufacturing 52

BN Lawyers

MARCH 23, 2020

Drawing on secured credit facilities is less of a winning proposition. Secured creditors can foreclose on their collateral if they are not paid and have special rights in a reorganization proceeding. Companies should discuss their options with an attorney before accessing this credit in those situations.

Bankruptcy 67

Bankruptcy Creditors Lender Lawyers 67