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IVA is an abbreviation for Individual Voluntary Arrangement. It was introduced as an alternative to bankruptcy as a way for you to clear problem debts at a rate you can afford, whilst protecting your assets. Do I qualify for an IVA? You will need to meet the following criteria in order to...
Josephine NesbitDec. 13, 2024 Top 2024 Holiday Trends Take your holiday decor in a fresh direction with an unconventional color palette and a bit of whimsy. Karen DybisDec. 12, 2024 6 Holiday Front Porch Decor Ideas Spruce up your outdoor space this holiday season with these easy decorating...
Divorce proceedings in court can be time-consuming, expensive, and emotionally draining. Using the tools of the court is more muscle than some people want when restructuring their family. Often, people turn to mediation or alternative dispute resolution with collaboratively trained professionals. A pro...
A conservatorship is a legal process whereby a court appoints a responsible person or organization, called a "conservator," to manage a person's financial affairs, health care decisions, or both. The court determines that the person, known as the "conser
sheet. The bank works with Company A and the original credit agreement is revised. The new terms might allow Company A to make a larger number of smaller payments, to repay the debt at a lower interest rate, to repay an amount less than the original obligation, or some other arrangement....
本行抵债资产的接收要严格控制，实现债权首先应考虑以货币形式受偿，从严控制以物抵债。债务人、担保人无货币资金偿还能力时，要优先选择以直接拍卖、变卖非货币资金的方式回收债权。当现金受偿确定不能实现时，可接受以物抵债，且债务人必须符合以下条件（）
In addition, a trust deed will also include apower of sale clausethat gives the trustee the right to sell the property if the borrower defaults. Foreclosures and Trust Deeds Mortgages and trust deeds have different foreclosure processes. Ajudicial foreclosureis a court-supervised process enforced whe...
Under Tennesseelaw, a conservatorship is a legal proceeding where a court strips the decision-making abilities from someone who is a minor or has a disability or someone who cannot make decisions on their own. A conservatorship includes transferring that decision-making ability to someone else (a...
How Can I Protect Myself Against a Deficiency Judgment? You may be able to negotiate another repayment arrangement with the lender or challenge the deficiency judgment in court. Personal bankruptcy is another option, although it can have long-term consequences and shouldn’t be entered into without...