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Update: Supreme Court Resolves Circuit Split Regarding Pre-Bankruptcy Seizure

PBWT

In 2019, we began following a Circuit split regarding a secured creditor’s obligation to return collateral that it lawfully repossessed pre-petition after receiving notice of a debtor’s bankruptcy filing. ” [ii] In December, the Supreme Court granted certiorari and on Thursday adopted the minority view. [i]

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What Happens if You Ignore Debt Collectors?

Taurus Collect

Creditors may take legal action to recover the debt, which might result in wage garnishment or a lien against your property. Persistent Contact: Debt collectors may contact debtors through phone calls, emails, letters, or even personal visits. Legal Actions: Ignoring debt collectors can potentially lead to lawsuits.

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What Happens If I Get a Job After Filing Chapter 7?

Sawin & Shea

This form of bankruptcy differs from Chapter 13, which involves the evaluation of your current income to construct a three-to-five-year debt reorganization plan. This bankruptcy protection will prohibit a collection agency or another creditor from recovering debt or taking action against you.

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How Aggressive Collections Attorneys Can Aid in Massachusetts Debt Recovery

Collections Law

You’ve tried everything in your power, but the debtor doesn’t respond or keeps making excuses to buy more time. A debtor who is unwilling to pay has to be pursued much more aggressively, and our diligent debt collection attorneys have the skills and knowledge to make this happen. Why Hire a Collections Attorney?

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COVID-19 Collections Impact Bulletin: State Responses (December 2020 Update)

Burr Forman

On April 23, 2020, Governor Gavin Newsom issued Executive Order N-57-20 exempting stimulus payments and other COVID-19-related government financial assistance from attachment, levy, execution, or garnishment. On August 31, 2020, the state legislature enacted the COVID-19 Tenant Relief Act of 2020. Illinois – On March 26, 2020, Governor J.B.