Jimerson Firm

FEBRUARY 5, 2021

7(a) lenders who fail to submit a timely wrap-up report (within 30 calendar days of completing Prudent Liquidation) risk being referred to the SBA Office of Credit Risk Management for possible enforcement action. Should the Charged-Off Loan be Reported to Credit Bureaus? What Are the Consequences of Failing to Submit a Wrap-Up Report?

Loans 89

Loans Lender Collateral Bankruptcy 89

The Kaplan Group

OCTOBER 19, 2020

Credit Counselor. A credit counselor is certified and trained in consumer credit, money and debt management, and budgeting. The National Foundation for Credit Counseling ® (NFCC ® ) is the country’s largest nonprofit dedicated to improving people’s financial well-being. Debt Settlement Services.

Credit Counselor 59

Credit Counselor Garnishment Fair Debt Collection Debt settlement 59

Collection Industry News

MAY 18, 2021

A return to pre-pandemic policies also could be the only thing keeping a number of landlords from declaring bankruptcy, according to industry advocates who are working to call attention to their plight. The one gaping hole is it prevents somebody from dinging their (tenants’) credit report. While any of the state’s 1.2

Lawyers 40

Lawyers Government Bankruptcy Judgment 40

PBWT

JULY 1, 2020

As retail and other tenants fall further behind on rent and other obligations, lessors are finding themselves drawn into more and more Chapter 11 bankruptcy cases. Yet, while it may not always feel that way to them, landlords actually have it better than most creditors in bankruptcy.

Bankruptcy 40

Bankruptcy Debtor Creditors Retail 40

ABI

JANUARY 13, 2022

American Bankruptcy Institute Law Review Staff. . Under the “ Barton doctrine,” which originated with the 1881 case of Barton v. Barbour , a lawsuit cannot be brought against a receiver or bankruptcy trustee without leave of the court that appointed the receiver or trustee. [1] By: Chelsea Frankel. 1] In Chua v.

Bankruptcy 40

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Collection Industry News

FEBRUARY 21, 2022

If you’re just making the minimum payments on your credit cards, it may be worthwhile to consider one of these debt repayment strategies. Americans are racking up credit card debt at a record-setting pace, according to the Federal Reserve Bank of New York. Outstanding credit card debt is still about 7.7% Source- site.

Credit Card Debt 52

Credit Card Debt Debt Consolidation Credit Counselor Personal loans 52

Collection Industry News

DECEMBER 21, 2020

proposed sweeping legislation that would overhaul consumer bankruptcy law. The proposed changes generally make it easier for consumers to access the bankruptcy system and discharge their debts. Below is a discussion of 10 critical changes proposed in the Consumer Bankruptcy Reform Act of 2020 (CBRA). No More Credit Counseling.

Bankruptcy 40

Bankruptcy Chapter 7 bankruptcy Student loans Student Loans 40