Debtor and Creditor Lawyers in the USA
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All Articles »Debtor and Creditor - Recent Legal Articles
- I’m Getting Divorced, What Do I Do with the Credit Cards?
A common question that is received is what happens to credit card debt when you get a divorce.
- Are Wages to Independent Contractors Subject to Garnishment?
Persons that work for themselves are considered independent contractors even if they are employed within the building of a company. These individuals are not considered employees and may not be subject to various regulations or stipulations, and this means that numerous aspects do not apply to these persons as they would a standard employee.
- How to Get a Judgment Award from a Business in Bankruptcy Proceedings
When someone has been injured while working at a company, it is important that he or she is able to recover from these incidents. However, if the business is going through bankruptcy, this may cause complications or lead to an impossible situation where the judgment award may not be collected.?
- Consumer Financial Protection Bureau (“CFPB”) Continues to Focus on Informed Decisions
This month the Consumer Financial Protection Bureau (“CFPB”) prevailed on a motion to dismiss brought by Navient, which was founded, at least partially, on constitutional challenges. The case is Consumer Fin. Prot. Bureau v. Navient Corp. (M.D.Pa. Aug. 4, 2017, No. 3:17-CV-101) 2017 U.S.Dist.LEXIS 123825.
- Debt Collection Procedures in China
Collecting debts accrued in or through China has various complications such as language and cultural barriers in place that cause problems for many businesses. Foreign laws, customs and processes lead to challenges many companies did not consider, which means a debt collection service may need to be hired for assistance.
- Student Loan Dischargability: A Debtor Attorney’s Perspective
Student loan debt in the United States is the largest class of consumer debt today behind mortgages, and is higher than both credit card debt and automobile loans.
- When You May Need to Contact a Lawyer to Protect Your Creditor Rights
Creditors lend funds to various persons and businesses through contractual agreements with payment terms and other conditions outlined specifically. However, when these deals are broken, it is important to contact a lawyer so that the rights of the creditor may be protected against bankruptcy, when the debtor cannot pay and the death of the individual who borrowed the monies.
- My Employer is Going Bankrupt. I’m New and Haven’t Been Paid, What are My Rights?
New employees facing a company going bankrupt need to understand what rights, if any, they have once the business fails. This means research, contacting corresponding officials and asking for advice and information online or through other services.
- When to Call a Lawyer to Protect Your Creditor/Debtor Rights
In times past, creditors – that is, those who lent debtor’s property or services on a promise that the obligation would be paid – held considerable power over debtors.
- Can I File for Bankruptcy to Prevent Lien in Case the Plaintiff Wins Pending Lawsuit?
A bankruptcy filing has an immediate effect on pending lawsuits and existing judgments. However, filing for bankruptcy before someone obtains a judgment can have certain benefits. These benefits may prevent the enforcement or issuance of a judgment.