Nexa Collect

APRIL 11, 2021

Additionally, the government-assisted stimulus packages resulted in recovery rates jumping by almost 1.5 For example, consider leisure and hospitality workers, whose employment fell by over 20% compared to 2019, or book retailers and news dealers, who recorded a 48.9% drop from 2019. Source: US Bureau of Labor Statistics.

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Collections Collection Agencies Collections Agency Construction 130

ABI

JANUARY 20, 2020

In general, a debtor may reject an executory contract subject to court approval under section 365 of title 11 of the United States Code (the “Bankruptcy Code”). 3] On January 24, 2019, PG&E announced their intent to file a voluntary petition for relief under Chapter 11 of the Bankruptcy Code. [4] By: Gabriela Zapata. 27 (S.D.N.Y.

Bankruptcy 40

Bankruptcy Debtor Government 40

ABI

JANUARY 19, 2024

John’s University School of Law American Bankruptcy Institute Law Review Staff Section 363(b) of title 11 of the United States Code (the “Bankruptcy Code”) provides that bankruptcy courts may authorize the trustee of a debtor to sell or lease property of the bankruptcy estate. [1] does not affect the validity of a sale or lease.” [2]

Bankruptcy 40

Bankruptcy Debtor Government 40

ABI

MARCH 9, 2020

5] Acis was named as an alleged debtor in an involuntary petition for relief under chapter 11 of the Bankruptcy Code. [6] 5] Acis was named as an alleged debtor in an involuntary petition for relief under chapter 11 of the Bankruptcy Code. [6] 12] See In re Acis Capital Mgmt., 12] See In re Acis Capital Mgmt., Sommer eds.,

Bankruptcy 40

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Troutman Sanders

OCTOBER 16, 2023

State Activities: On October 12, California’s Department of Financial Protection and Innovation (DFPI), announced, in its October bulletin, that final regulations to implement the Student Loan Servicing Act and the Student Loans Borrower Rights Law have been approved and will become effective January 1, 2024. For more information, click here.

Financial services 52

Financial services Student loans Student Loans Credit Unions 52

Burr Forman

DECEMBER 4, 2020

With new and impending changes in both the economic and political landscape, financial institutions have had to adapt to ever-changing policies governing consumer loan servicing and debt collection. In March of 2020, Burr published an article discussing the global pandemic’s impact on collection practices.

Financial Institution 52

Financial Institution Garnishment Collections Foreclosure 52

UK debt collections

NOVEMBER 9, 2023

For those planning on taking out finance in the next 12 months, the most prominent reason was to smooth out issues with cash flow (40%), followed by buying machinery and equipment and releasing equity (20%). This is a massive increase compared to 2019 when only 12% of businesses were closing.

Government 90

Government Loans Debtor Collections 90

PBWT

JUNE 22, 2021

These questions were evoked by a recent decision of the Bankruptcy Court in Delaware [4] on an issue that arises fairly often—is this entity permitted to be a debtor in a case under a particular Chapter, or under the Code at all? Judge Sontchi properly asks, “what law governs whether EH-REIT is a business trust”? [6]

Debtor 65

Debtor Bankruptcy Government Collections 65

Burr Forman

AUGUST 20, 2020

The Court expressly disagreed with three decisions by bankruptcy judges in other states that have permitted debtors to re-designate their cases under Subchapter V and liberally granted extensions of these statutory deadlines. [3]. But, in return for these benefits, the SBRA imposes strict deadlines on debtors.

Debtor 40

Debtor Bankruptcy Creditors Government 40

ABI

JANUARY 21, 2020

2] In In re Matamoros, the United States Bankruptcy Court in the Southern District of New York held that the City could not recoup the advance salary received by Fernando Matamoros (the “Debtor”) because the Debtor’s military service occurred over three separate occurrences. [3] 18-01639 CGM, 2019 WL 3543865 at *3 (Bankr.

Bankruptcy 40

Bankruptcy Debtor Creditors Secured Creditor 40

Troutman Sanders

JANUARY 20, 2022

state banking regulators dropped a lawsuit, seeking to block the federal government from granting bank charters to fintech companies after the company that was first in line modified its business plan. For more information, click here. On January 13, a group of U.S. For more information, click here. For more information, click here.

Financial services 52

Financial services Student loans Student Loans Debt collector 52