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Acquiring a Judgment Debtor’s Interest in an LLC

FFGN COLLECT NY

New York debt collection laws allow judgment creditors many ways to collect from debtors. One option available is to take over or “charge” a judgment debtor’s interest in an LLC or limited liability company. So how does this turn your judgment into money or an interest in an LLC?

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Bankruptcy Court Denies Section 546(e) Safe Harbor Protection in Fraudulent Transfer Action

PBWT

The Bankruptcy Code enables a trustee to set aside certain transfers made by debtors before bankruptcy. The adversary proceeding arose from a series of transactions involving Greektown Casino, LLC (“Greektown Casino”), which owned and operated a casino in Detroit. See 11 U.S.C. §§ §§ 544, 547, 548.

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Using Reach and Apply Injunctions to Recover Debt in Massachusetts

Collections Law

Are you struggling with debt collections from a debtor who seems to have no intention of paying you back? Have you won a judgment in court and are unsure what to do next? Cohen LLC right now, before it’s too late. Even if it is won, a judgment is a mere piece of paper that can easily be ignored and rejected by the debtor.

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Emerging Trends In FDCPA Litigation Against Community Association Attorneys

FDCPA Defense

Duty to disclose accruing interest, fees or other charges A significant recent trend in FDCPA case law involves courts that have imposed new disclosure obligations that are not found in the plain language of the Act. Riexinger & Associates, LLC , 817 F.3d as well as analogous state laws governing the consumer collection process.