Jimerson Firm

MARCH 24, 2021

On Tuesday, March 23, 2021, four of our partners presented Properly Handling Mortgage Foreclosures. This presentation was moderated by the firm’s managing partner, and is geared towards special asset departments of banks and financial institutions. The borrower filed for bankruptcy during the foreclosure lawsuit.

Foreclosure 52

Foreclosure Financial services Banks Financial Institution 52

Sawin & Shea

JANUARY 25, 2023

Here’s what you need to know about getting a new loan and interest rate after bankruptcy. When the Federal Reserve raises interest rates, financial institutions increase their rates accordingly, so those with variable interest rate loans may need to pay more interest than when they initially borrowed the money.

Chapter 13 bankruptcy 72

Chapter 13 bankruptcy Bankruptcy Loans Foreclosure 72

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?

Bankruptcy 52

Bankruptcy Creditors Debtor Construction 52

Jimerson Firm

FEBRUARY 10, 2022

At the same time, however, the account owner/debtor is still responsible for the balance, and the lender/creditor can still make an effort to collect what is owed, with obvious exceptions being discharged or dischargeable bankruptcy filings. Servis One, Inc., 3d 1039, 1047 (M.D. In re Petty , 3:19-AP-0060-JAF, 2021 WL 1235369, at *3 (Bankr.

Lender 98

Lender Credit Unions Credit Unions Collections 98

Credit Corp

MAY 10, 2023

Hard inquiries , also known as hard pulls, are typically made by lenders and other financial institutions and can harm your credit score. Check with your financial institution to see if they offer this service and how you can access your score. What’s a Hard Inquiry? Credit inquiries can be found on your credit report.

Creditworthiness 97

Creditworthiness Lender Financial Institution Loans 97

Credit Corp

JANUARY 28, 2021

Before its euphoric rise, GameStop was on a slow demise to bankruptcy, as it faced significant challenges to its business model from the internet. During the 2008 financial crisis downturn, banks were giving loans to anyone to make more and more money while selling mortgages to poor credit individuals. That’s a ~1700 percent increase!

Trade 134

Trade Retail Acquisition Foreclosure 134

Burr Forman

JANUARY 7, 2022

From Burr & Forman’s Jacksonville office: Armando Nozzolillo is a member of the firm’s Creditors’ Rights and Bankruptcy practice group.

Bankruptcy 52

Bankruptcy Creditors Secured Creditor Manufacturing 52