When a bankruptcy case commences, the property of the debtor as of the commencement becomes the bankruptcy estate and may include postpetition income and acquired property, depending on the bankruptcy chapter. The creditors file a claim against the bankruptcy estate so that they will be paid ...
may not be easily dismissed. Dissatisfied creditors can also file a claim against the debtor in bankruptcy court to try and collect on the judgement even though the debtor has declared bankruptcy. Procedures vary by state and the type of bankruptcy filing. If you have further questions, you sho...
The published notice to creditors must appear for a certain number of consecutive newspaper issues, with the exact number set by statute. Likewise, there are statutory limits set for how long after the death a creditor may successfully file a claim against the estate of a decedent. Executors ar...
Marion County Probate Judge, notice is hereby given that all persons having claims against said Estate are required to file an itemized and verified statement of such claim in the office of the said Judge of Probate within six months from above date, or said claim will be barred and payment...
Taxes owed by the debtor as a transferee of assets from another person who is liable for a tax, if the tax claim against the transferor would have received priority in a chapter 11 case commenced by the transferor within 1 year before the date of the petition filed by the transferee (§...
Probate Judge of Marion County, notice is hereby given that all persons having claims against said Estate are required to file an itemized and verified statement of such claim in the office of the said Judge of Probate within six months from above date, or said claim will be barred and paym...
provided the creditors’ committee demonstrates that “(i) the debtor-in-possession has unjustifiably refused to pursue the claim or refused to consent to the moving party’s pursuit of the claim on behalf of the debtor-in-possession; [and] (ii) the moving party has alleged colorable claims....
At the time, Fisker was late in providing audited financial statements due under its debt agreements, and Heights used that "minor, technical default" to claim all of Fisker's assets as collateral on its bonds, Alex Lees, an attorney for other bondholders, said. ...
of time from the date they were notified of the testator’s death to present any claims against the estate for money owed to them. Claims that are rejected by the executor can be filed in the court where a probate judge will have the final say on whether or not the claim must be ...
it entails encumbering a property with debt to such an extent that there is little or no equity for creditors to acquire. By giving another party a claim against the property, owners retain control over the cash flows and use of the asset, while making the property unattractive to those tryi...