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Tag Archives: CREDITORS
Operational Creditors v. Financial Creditors: Evolution of Differences
[Shubham Sancheti is a 4th year B.A., LL.B. (Hons.) student at NALSAR University of Law, Hyderabad] The Insolvency and Bankruptcy Code, 2016 [“Code”] has had its maiden anniversary but problems regarding its interpretation have continued since its inception. The segregation of … Continue reading
Posted in Business law
Tagged CREDITORS, Differences, Evolution, Financial, Operational
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Dead Zone? Direct Claims by Creditors of a California Corporation May Not Lie Against Managem
The California Court of Appeal recently rejected the argument that directors and officers owe fiduciary duties to the companys creditors when the company is in the so-called "zone of insolvency," or is even clearly insolvent. In Berg & Berg Enterprises, LLC … Continue reading
Posted in Bankruptcy Law
Tagged against, California, claims, Corporation, CREDITORS, DEAD, Direct, Managem, zone
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How to write credit dispute letter
Should you wish to keep the credit within the great, you must check your credit score hour and hour. You’re qualified to get yourself a free credit score annually and easily check your scores in annualcreditreport.com. However, what will you … Continue reading
Posted in Banking and Finance law
Tagged credit card, CREDITORS, disputes, Letter
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Should I Withdraw Money From My Retirement to Pay Creditors?
When your facing harassing and abusive creditor calls and you do not have enough income to pay creditors it can get extremely overwhelming and frustrating. You will inevitably look to whatever options will help get the creditors off your back … Continue reading
Why Do I Have to Include ALL My Creditors in Bankruptcy?
One of the most common questions I am asked is why a clients need to list their mortgage, their car loan, the "credit card that payments are current on that's just used for emergencies and I really need" or the … Continue reading