ABI

JANUARY 13, 2022

12] Moreover, the Kansas bankruptcy court noted that the United States Court of Appeals for the Tenth Circuit, the decisions of which are binding on the Kansas bankruptcy court, held, albeit in different procedural circumstances, that “the burden is on the creditor to show a debt is non-dischargeable under §523(a)(8).” [13]. 523(a)(8). [2]

Debtor 40

Debtor Loans Student loans Student Loans 40

Fico Collections

JULY 20, 2021

With non-mortgage write-off rates at the lowest YTD level seen since 2012 [1] , it’s easy to forget that the pandemic has, in fact, stressed many borrowers.

Consumer Credit 52

Consumer Credit Lender 52

ABI

JANUARY 12, 2020

12] Here, the Court of Appeals highlighted the unfairness of the settlement agreement as it placed “Appellants in a vise,” by allowing the Receiver to sue Appellants but preventing Appellants from filing any claim against the Underwriters, which would have been unfair. [13] 4:09-cv-3674, 2012 WL 401069, at *4 (S.D. 12] See id. [13]

Banks 40

Banks Bankruptcy Debtor Judgment 40

Jimerson Firm

SEPTEMBER 28, 2021

The courts consider, whether the officer has unique first-hand, non-repetitive knowledge of the facts at issue and whether the party seeking the deposition has exhausted other less intrusive methods. See Apple Inc. Samsung Electronics Co., Ltd, 282 F.R.D. This helps prevent harassment of company officers.

Government 98

Government 98

Fraser

JANUARY 14, 2021

Unless subject to an exemption, employers must report the aggregate cost of employer-sponsored health coverage provided in 2020 on their employees’ Form W-2 (Code DD in Box 12) issued in January 2021. Please see IRS Notice 2012-09 and our previous e-mail alerts for more information.

Lawyers 52

Lawyers 52

ABI

JANUARY 12, 2022

1] In 2012, the Archdiocese of Santa Fe (“Debtor”) along with its 90 parishes began restructuring its assets after creating the Archdiocese of Santa Fe Real Estate Corporation (“RE Corp.”). [2] 2] Debtor then created a real estate trust and a financial assets trust, both effective January 1, 2013, and made RE Corp. the only trustee. [3]

Debtor 40

Debtor Bankruptcy Unsecured Creditor Creditors 40

BN Lawyers

SEPTEMBER 30, 2019

It reduces the Commonwealth’s $35 billion of total liabilities –bonds and other claims – by more than 60%, to $12 billion. A 36% reduction for holders of General Obligation (GO) bonds issued before 2012. A 28% reduction for holders of Public Building Authority (PBA) bonds issued before 2012.

Unsecured Creditor 52

Unsecured Creditor Unsecured Debt Government Bankruptcy 52

ABI

JANUARY 13, 2022

12]. Ultimately, the court found that Pizzo’s plan was proposed in good faith.” [13] 9] The court acknowledged that “good faith is an independent requirement for confirmation of a Chapter 13 plan.” [10] 14] Additionally, a substantial portion of Pizzo’s unsecured debts will be paid through her Chapter 13 plan. [15]. 29, 2017).

Debtor 40

Debtor Creditors Unsecured Creditor Chapter 7 bankruptcy 40

Collection Industry News

JUNE 28, 2022

On July 12, 2021, Governor Ned Lamont signed into law Public Act 21-161 (the “2021 Act” or “Amendment”), which amended Connecticut’s homestead exemption by repealing the prior version of the statute, renumbering its provisions, and increasing the homestead exemption from $75,000 to $250,000, effective October 1, 2021. 3d 102, 107 (2d Cir.

Bankruptcy 40

Bankruptcy Judgment Creditors Collections 40

Fico Collections

NOVEMBER 30, 2022

Thu, 08/22/2019 - 12:37. Wed, 11/30/2022 - 12:10. Rodrigo Camargo has been at FICO since 2012, working in multiple roles, with a technical background focused on insurance and banking. Insurers need to make real-time decisions using advanced analytics, with interactive communications, based on a complete view of the customer.

Banks 52

Banks 52

PBWT

AUGUST 7, 2020

506, 508, 511-12 (2012), for guidance regarding the meaning of the phrase “incurred by the estate” as stated in § 503(b) of the Bankruptcy Code. Both parties to the appeal had looked to Hall v. United States , 566 U.S.

Bankruptcy 65

Bankruptcy Debtor 65

ABI

JANUARY 12, 2022

5] The Spouse quit-claimed his interest in certain real property in Marin County, valued at $1,595,000.00, to the Debtor on April 23, 2012. [6] 12] The Judgment created a lien on the real property upon the filing of the abstract with the county office under 28 U.S.C. and the IRS filed a proof of claim. [2] on May 30, 2002. [3]

Debtor 40

Debtor Judgment Bankruptcy Creditors 40

Collection Industry News

AUGUST 23, 2022

In 2012, the FTC sued several associated entities for failing to use appropriate measures to protect personal information from unauthorized access. 12 US Code § 5536(a)(1)(B). 12 USC § 5531. 6 The court concluded that failing to conduct adequate identity verification indeed violated the FTC Act’s UDAAP provision.

Financial Institution 40

Financial Institution Trade Collections Financial services 40

ABI

JANUARY 13, 2022

12] Using the canon of surplusage, the court held that a reading of § 523(a)(8)(A)(ii) that incorporates “any loan” as being dischargeable is a violation of the canon. [13] 624, 634-35 (2012)). 9] The text and structure of § 523(a)(8) is narrower than what Navient had argued. [10] quoting Russello v. United States, 464 U.S.

Education 40

Education Loans Student loans Student Loans 40

Fico Collections

SEPTEMBER 13, 2022

Tue, 11/10/2020 - 12:17. Increased savings and the relaxation of restrictions resulted in a steep increase in spend between 2021-2022 but if we look back to 2009, this uptick in spend was also seen and continued up until 2012. Darcy Sullivan. by Liz Ruddick. expand_less Back To Top. Tue, 09/13/2022 - 09:25.

Financial services 52

Financial services Lender Collections 52

ABI

MARCH 9, 2020

12] Consequently, it was Acis LP and not the trustee that opposed Highland’s motion for arbitration, arguing that there was no arbitration provision, but “if there are applicable arbitration clauses, the court [] should exercise discretion and decline to order arbitration, since. 12] See In re Acis Capital Mgmt., 157 (2)(b) (2012). [19]

Bankruptcy 40

Bankruptcy Debtor Collateral Construction 40

ABI

JANUARY 13, 2022

2012); Muratore v. The Eleventh Circuit explained that the Barton doctrine is “grounded in the exclusive nature of in rem jurisdiction,” which permits the court that “first exercises jurisdiction over certain property” to “exclude others from exercising jurisdiction over it.” [11] afford[ed] the Trustee. quoting In re DeLorean Motor Co. ,

Bankruptcy 40

Bankruptcy Law Firms 40

ABI

JANUARY 20, 2020

12] On September 27, 2018, Bridgeview sold the Artesian Property to a third party. Several attempts were later made by Bridgeview’s counsel to contact Parkland in order to facilitate the sale of the Artesian Property. [8] 8] However, between June 25 and July 31 of 2018, Parkland’s communication was sparse. [9] Ill July 16, 2019). [2]

Debtor 40

Debtor Foreclosure Bankruptcy Legal Rights 40

Credit Corp

JULY 16, 2021

Since 2012, the REIT invested more than $10 billion into new assets by either purchasing entire REITs or through single-asset/portfolio purchases. In the 2021 first quarter, adjusted FFO per unit came in at $0.37, up 12% from the year-ago quarter. In the 2021 first quarter, revenue increased 0.7% year-over-year to $311.2 Enbridge Inc.

Acquisition 98

Acquisition Banks Trade Manufacturing 98

Katabat

JULY 6, 2021

The article looks at the Federal Reserve’s efforts—dating back to 2012—to boost the annual rate of inflation up to 2% and its willingness to put up with temporary boosts for inflation in order to reach that multi-year average of 2%. (As

Lender 52

Lender Creditors Government 52

Katabat

JULY 6, 2021

The article looks at the Federal Reserve’s efforts—dating back to 2012—to boost the annual rate of inflation up to 2% and its willingness to put up with temporary boosts for inflation in order to reach that multi-year average of 2%. (As

Lender 52

Lender Creditors Government 52

Consumer Financial Services Law

DECEMBER 21, 2016

2012); O’Rourke v. Carney at * 12. Courts have long debated the extent to which a debt collection attorney’s representations to opposing counsel or the court during the course of litigation may violate the FDCPA and the results from different circuits have varied greatly. See, e.g., Hemmingsen v. Messerli & Kramer, 674 F.3d

Garnishment 40

Garnishment Law Firms Acquisition Debtor 40

Troutman Sanders

APRIL 23, 2021

In 2012, the FTC filed suit against Tucker and his companies, claiming they were engaging in “unfair or deceptive acts or practices” in violation of the FTC Act. The defendants in these FTC matters will certainly move to limit or terminate any requests for monetary relief.

Trade 52

Trade Loans Manufacturing Judgment 52

ABI

JANUARY 16, 2020

12] Additionally, the court distinguished In re Peabody Energy Corp. 1123(a)(4) (2012). [2] 12] Id. (“[T]he opportunity to participate in the Private Placement was not ‘treatment for’ the participating creditors’ claims. from Bank of America Nat’l Trust & Savings Ass’n v. 1] 11 U.S.C. 2] See Ad Hoc Comm. at 923­–24. [9]

Creditors 40

Creditors Debtor Bankruptcy Banks 40

PDC Flow

JULY 14, 2020

2) that the for-cause provision of Dodd-Frank, 12 U.S.C. Nonetheless, on July 7, 2020, the CFPB issued a blanket ratification for all official actions taken from January 4, 2012 to June 30, 2020. 5491(c)(3), be severed from the remainder of the statute.

Collections 70

Collections Law Firms Trade Financial services 70

ABI

JANUARY 16, 2020

363(n) (2012). [ii] In re Waypoint Leasing Holdings Ltd., 18-13648, 2019 WL 4273889, at *21 (Bankr. xii] 11 U.S.C. § xiii] In re Colony Hill Assocs. , 3d 269, 273 (2d Cir. 1997) (explaining that while instances of standing for failed bidders are rare, if the sale was marked by fraud or unfairness, standing may be appropriate).

Bankruptcy 40

Bankruptcy Secured Creditor Debtor Creditors 40

ABI

JANUARY 10, 2020

at *11–12. [7] 1129(a)(3) (2012) (“The court shall confirm a plan only if all of the following requirements are met. (3) 12-00230-8-SWH, 2013 WL 2385136, at *5 (Bankr. 6] The court held that the plan was proposed in good faith under the totality of the circumstances. [7] 11] The plan was ultimately confirmed by the court. [12].

Unsecured Creditor 40

Unsecured Creditor Debtor Bankruptcy Creditors 40

Better Credit Blog

APRIL 1, 2022

29.99% (with autopay Borrowing Amount $5,000–$100,000 Up to $50,000 $5,000–$10,0000 Up to $35,000 $2,000–$45,000 Term Length 2–12 years Up to 5 years 2–7 years 3–7 years 3–5 years Minimum Credit Score 700+ 650 680 660 600 Best for Lowest Interest Rates LightStream Our Partner Get Started APR 2.94–19.9% 19.9% (with autopay) 4.99–17.99%

Personal loans 52

Personal loans Loans Credit Unions Credit Unions 52

Troutman Sanders

SEPTEMBER 5, 2023

The putative class asserted two sets of federal securities claims: one for rescission of allegedly unlawful contracts under Section 29(b) of the Securities Exchange Act of 1934; and another for Uniswap’s alleged violation of Section 12(a)(1) of the Securities Act of 1933. ATSI, a Chicago-based broker-dealer, has agreed to pay $1.5

Financial services 52

Financial services Banks Trade Home Insurance 52

ABI

JANUARY 22, 2020

Here, the court acknowledges that there is “no uniform standard” to define a “business trust” for the purpose of section 109, [12] and then addresses the different tests adopted throughout various circuits. 109 (2012). [5] 12] Id (citing Murphy v. 18]. D. 4] Catholic School Employees Pension Trust , 599 B.R.

Debtor 40

Debtor Bankruptcy Banks 40

Price Meese

JANUARY 19, 2021

It provides an overview of two more recent FCC Orders that clarify the law regarding the 2014 Order and Section 6409(a) of the 2012 Middle Class Tax Relief and Job Creation Act. Purcell | January 07, 2021 at 12:00 PM. By Gregory D. Meese and Edward W. 47 CFR §1.6100.

Government 59

Government Construction 59

In the Red

JANUARY 22, 2018

Then, in November 2016, the First Circuit Bankruptcy Appellate Panel (“BAP”) became the first appellate court to follow the Seventh Circuit’s 2012 decision in Sunbeam Products, Inc. Fast forward to January 12, 2018 when, on appeal from the BAP, the U.S. Chicago American Manufacturing, LLC , 686 F.3d 3d 382 (7th Cir.

Bankruptcy 100

Bankruptcy Debtor Manufacturing Trade 100

FDCPA Defense

FEBRUARY 1, 2018

2012 WL 527486, at *10 (D. 17, 2012) (dismissing FDCPA claims without leave to amend where unpaid obligation was a loan taken for rental property); Johnson v. Washington Mutual Bank , 2012 WL 715270, at *4 (E.D. Select Portfolio Servicing, Inc., Wells Fargo Home Mortgage, Inc. 2007 WL 3226153, at *9 (D.

Accrued Interest 40

Accrued Interest Foreclosure Debt collector Debtor 40

FDCPA Defense

JANUARY 22, 2017

2012 WL 3090039 (S.D. June 28, 2012) (no proof of numerous class members with section 1692d(6) claims). 2012) (sending collection letters to work address “care of” the employer violated 1692c(b)); Halbertstam v. City of Oakland , 2008 WL 2439691, *1 (N.D. Ford Motor Co., 337, 343 (W.D. 352, 381 (E.D. See, e.g., Evon v.

Collections 40

Collections Judgment Creditors Law Firms 40

The Kaplan Group

APRIL 8, 2021

Bet365 first came to Australia in 2012 and since then they have been one of the most in style bookies among Aussie punters. Shares in Aussie cost tech firm EML Payments are buying and selling greater than 12 per cent greater after it announced a deal to supply a reloadable betting card to bet365’s US clients. billion ($5.1

Banks 40

Banks Retail Government Financial Institution 40

FDCPA Defense

MARCH 2, 2014

The CFPB has provided some guidance on UDAAPs in the bulletin it released in July 2013 and in the Examination Manual that it published in 2012. See 12 U.S.C. For example, service provider practices were a major focus of the July 18, 2012 Stipulation and Consent Order between the CFPB and Capital One Bank, (USA) N.A. 5531(c)(1).

Debtor 40

Debtor Banks Original Creditor Collections 40

FDCPA Defense

JUNE 9, 2012

First Premier Bank , 2012 WL 832992, *10 (M.D. March 12, 2012) (granting motion to dismiss consumer’s section 1681s-2(b) claim because "absent a bona fide dispute, Defendant had no obligation to mark the account disputed"); Saunders v. Noel , 2012 WL 832992, *7 (citation omitted). Verizon New England Inc. ,

Credit Card Debt 40

Credit Card Debt Debt collector Original Creditor Banks 40