Troutman Sanders
FEBRUARY 13, 2024
The judge stated that since Genesis never transferred the assets, they cannot be considered as collateral pledged by the debtor. However, the judge found that the contracts between Genesis and Gemini clearly required a transfer for the assets to be pledged as collateral. The final settlement required the defendants to pay $10.9
Sawin & Shea
JUNE 21, 2023
Removal of your automatic stay protection : You’ll no longer have protection from your creditors, potentially leaving you vulnerable to wage garnishment, debt collection lawsuits, repossessions, and foreclosures. That said, filers cannot discharge all of their debts through Chapter 13.
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Troutman Sanders
AUGUST 1, 2023
On July 24, the Department of Education (DOE) issued a final interpretation to clarify that the Higher Education Act (HEA) preempts state laws and other applicable federal laws “only in limited and discrete respects.” For more information, click here. For more information, click here.
Titan Consulting
SEPTEMBER 2, 2020
HELOC ( home equity line of credit ) will convert unsecured debts into a secured loan using your home as collateral. Converting unsecured debt to secured debt could put collateral, such as your home, at risk of foreclosure. Home loans include high upfront fees and loan qualifying parameters that may limit its availability.
Troutman Sanders
JUNE 1, 2021
Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. You may access this interactive tool at [link]. For more information, click here.
Better Credit Blog
AUGUST 9, 2021
Can’t secure a loan with collateral such as a car. Offers educational tools to help improve your credit situation. Proceed with caution, though, “since these options use your home as collateral, you could face a foreclosure if you do not keep up with payments for any reason.” Other Lenders We Considered.
Better Credit Blog
AUGUST 9, 2021
Can’t secure a loan with collateral such as a car. Offers educational tools to help improve your credit situation. Proceed with caution, though, “since these options use your home as collateral, you could face a foreclosure if you do not keep up with payments for any reason.” Other Lenders We Considered.
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