Troutman Sanders

NOVEMBER 13, 2023

On November 7, the Consumer Financial Protection Bureau (CFPB) issued a proposed rule with request for public comment to amend the existing regulations defining “larger participants” the CFPB supervises by adding a new section to define larger participants that offer digital wallets, payment applications, and similar services.

Financial services 52

Financial services Manufacturing Debt Management Debtor 52

FFGN COLLECT NY

OCTOBER 27, 2020

There are parties who enjoy a mutually profitable relationship before the non-payment of a receivable. Forced to collect, the creditor, whether directly or by virtue of their credit insurance policy, had no choice but to report and pursue payment of the debt. Take the specialty chemical manufacturing client and their nonpaying client.

Collections 52

Collections Debtor Creditors Manufacturing 52

In the Red

MAY 21, 2019

After dividing the courts for a number of years, we finally have the answer to the big question of whether rejection of a trademark license by a debtor-licensor deprives the licensee of the right to use the trademark. Chicago American Manufacturing, LLC , 686 F.3d After various disputes over the Agreement, Tempnology filed Chapter 11.

Bankruptcy 100

Bankruptcy Debtor Manufacturing Law Firms 100

The Creditors Rights

JUNE 21, 2016

Section 523(a)(2)(A) of the Bankruptcy Code allows a creditor to obtain a judgment denying its debtor a discharge of debts incurred by false pretenses or actual fraud. Chrysalis Manufacturing Corp. The Court further noted that fraudulent conveyances at common law did not require a misrepresentation by a debtor to his creditor.

Creditors 40

Creditors Debtor Bankruptcy Manufacturing 40

Credit Management Company

JUNE 4, 2019

Lack of payment from products and services already delivered can make it very difficult to continue doing business, so it's the responsibility of debt collection agencies to increase the flow of revenue so that you can meet payroll and fulfill your other financial obligations. Offering online payment options.

Collection Agencies 60

Collection Agencies Collections Agency Collections Healthcare 60

In the Red

AUGUST 2, 2018

Chicago American Manufacturing, LLC , 686 F.3d The court held that under Section 365(g) of the Bankruptcy Code, rejection operates as a breach by the debtor but not as a termination of the contract. 3d 382 (7th Cir. Supreme Court to review the First Circuit’s decision. (As

Bankruptcy 100

Bankruptcy Debtor Manufacturing Trade 100

Collection Industry News

SEPTEMBER 29, 2020

million in light of the unprecedented financial distress being experienced by small businesses all across the county, including especially by small retailers and manufacturers, restaurants and services providers. million to $7.5 The increased debt limit, which became effective February 20, 2020, includes a one-year sunset.

Bankruptcy 45

Bankruptcy Creditors Debtor Lawyers 45

Troutman Sanders

MAY 17, 2021

The bill “establishes temporary limitations on lenders’ remedies for borrowers’ failures to make payments on obligations secured by mortgages, trust deeds or land sale contracts for certain real property” due to “loss of income that is related to the COVID-19 pandemic.” For more information, click here.

Financial services 52

Financial services Foreclosure Collection Agencies Collections Agency 52

Debt RR

OCTOBER 13, 2019

This includes lease payments, sinking-funds, and any other loans, both principal and interest, along with operating expenses. In general, a ratio of one or above indicates that there are enough funds to cover upcoming debt payments, while a ratio of below one warns of the potential inability to fully repay the debt. DSCR for B2C.

Debt Recovery 46

Debt Recovery Creditors Lender Loans 46