Bankruptcy Collections Construction Lender 
Fraser
JUNE 25, 2020
It should come as no surprise, therefore, that the economic downturn has led to a surge in corporate bankruptcy filings. According to data from Epiq Global, 722 companies sought bankruptcy protection around the U.S. For creditors to maximize their recoveries, they must stay informed and take action during a bankruptcy proceeding.
Fraser
JULY 21, 2020
As the bankruptcy wave continues to build, more businesses are being forced to deal with bankrupt customers. What’s worse—and which often comes as a big surprise—is when a business gets sued by the debtor or bankruptcy trustee seeking to recover payments made by the debtor before the bankruptcy. What is a Preference Lawsuit?
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PBWT
AUGUST 16, 2022
In an adversary proceeding, the collective owners of the Makaha Valley Country Club , golf courses, surrounding undeveloped land, and other related assets (the “Owners”) avoided obligations undertaken in connection with a loan extension provided by Tianjin Dinghui Hongjun Equity Investment Partnership (the “Lenders”).
Fraser
SEPTEMBER 28, 2020
When a company files for bankruptcy and it owes you money, it means you have a “claim” in the debtor’s bankruptcy proceedings. The bankruptcy court will establish a deadline, or “bar date,” by which claims must be filed. A claim, in short, is a right to payment. Do You Have to File a Claim? By When Must You File a Claim?
Collection Industry News
AUGUST 11, 2020
Another major oil company has buckled under the weight of its debt during the COVID-19 pandemic and fallen into bankruptcy as depressed fuel demand continue to pummel the nation’s energy giants. petitioned for Chapter 11 bankruptcy on July 30, with the aim of shedding about $2.1 Independent energy firm Denbury Resources, Inc.
Taurus Collect
MARCH 5, 2024
Engaging with a debt collections service is a crucial step towards managing and settling outstanding debts. This article aims to demystify the consequences of overlooking debt collectors and to provide insights into how debt collection services operate within the UK’s legal framework.
Collection Industry News
DECEMBER 13, 2023
Seattle-area construction foreman Robert Boyer learned the hard way. Boyer, 51, has a previous bankruptcy years ago, and is careful not to run up credit card debt. The post US ‘buy now, pay later’ splurges raise holiday debt hangover risk appeared first on Collection Industry News.
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