ABI

JANUARY 22, 2023

John's University School of Law American Bankruptcy Institute Law Review Staff Section 362 of title 11 of the United States Code (the “Bankruptcy Code”) provides that the filing of a bankruptcy petition results in an automatic stay generally enjoining all actions, including a foreclosure sale, against a debtor or its property. [1]

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Collection Industry News

JANUARY 25, 2021

Insured creditors that meet the following conditions qualify for the exemption: As of the preceding December 31 st the insured creditor had assets of $10 billion or less (which dollar amount is subject to annual adjustment for inflation).

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Sawin & Shea

APRIL 26, 2023

Judgment Liens in the Hoosier State In Indiana, judgment liens last for 10 years. One of the most significant consequences is the damage it can cause to your credit score, making it challenging to secure loans or obtain credit in the future. Lastly, you must pay the lien in full before you can sell or refinance any property.

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Judgment Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy 52

Troutman Sanders

OCTOBER 16, 2023

On October 11, an automotive management company settled claims by the Department of Justice (DOJ) alleging that the company had violated the False Claims Act by knowingly providing false information in support of its Paycheck Protection Program (PPP) loan forgiveness application. For more information, click here.

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Financial services Student loans Student Loans Credit Unions 52

ABI

JANUARY 20, 2020

4] The court approved Parkland’s modification to its Plan of Reorganization stating that if Bridgeview successfully bid on the Artesian Property in a foreclosure sale, Bridgeview would finance Parkland’s purchase of it from the creditor. [5] 6] The foreclosure sale took place and Bridgeview’s nominee purchased the property. [7].

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Debtor Foreclosure Bankruptcy Legal Rights 40

Troutman Sanders

MAY 9, 2023

For the first year after the effective date of the proposal, these firms would be subject to an excise tax of 10% of the costs of electricity they use in digital asset mining. billion in revenue over 10 years. The excise tax would then increase to 20% in the second year, and it would reach its maximum of 30% in year three.

Financial services 52

Financial services Student loans Student Loans Loans 52

Credit Corp

JANUARY 28, 2021

By 2016, GameStop had owned and operated approximately 1,500 mobile-phone stores under the Spring Mobile name, and in 2018, had sold the whole mobile-phone business. During the 2008 financial crisis downturn, banks were giving loans to anyone to make more and more money while selling mortgages to poor credit individuals.

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