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New Jersey Law Journal

Assignment for the Benefit of Creditors? One Creditor's Experience With an Archaic State Insolvency Process

This article provides insight, from a creditor's perspective, into the ABC process in New Jersey. "My advice to any creditors that find themselves in an ABC is to try to move it to a federal bankruptcy court as soon as possible."
9 minute read

National Law Journal

Justice Sonia Sotomayor Spoke Out for Debtors. Bankruptcy Judges Listened.

The Judicial Conference Committee on Rules of Practice and Procedure last week approved for public comment a proposed amendment to the bankruptcy rules that was in response to a concurring opinion from Sotomayor.
4 minute read

Daily Report Online

Man Sues Select Portfolio Over Debt Collection Claims

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read

Daily Report Online

Woman Sues Speedy Recovery Services Over Debt Collection Claims

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read

Law.com

Appeals Court: Law Firm's Debt Collection Activities for Client Aren't Subject to Consumer Loan Law

"We hold that a law firm that prepares promissory notes or undertakes debt collection activity on behalf of a HOA client is not subject to the MCLL because it is not a 'lender' that is 'engaged in the business of making loans' under the provisions of the MCLL," Judge Brynja M. Booth wrote on behalf of the 7-1 majority. "Rather, a law firm is in the business of providing legal or debt collection services to its client."
5 minute read

Daily Report Online

Man Sues CarMax, Others Over Equal Credit Opportunity Act Claims

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read

Daily Report Online

Florida Woman's Lawsuit Says Equifax Error Made Loan Pricier

"In the modern economy, millions of Americans rely on credit to make the most important purchases of their lives, from homes to cars to appliances and everything in between," John Morgan and John Yanchunis, the attorneys representing Nydia Jenkins, said in a statement. "We believe that many of the people impacted—some of whom may still be unaware of what happened—suffered severe financial consequences."
3 minute read

New York Law Journal

When Are Perfection and Priority Not Enough?

Even if you have a valid and properly perfected security interest, the story doesn't end there. Contractual arrangements can alter the benefits associated with that lien, and therefore it is important to ensure that any contract affecting lien rights is clear and unambiguous.
7 minute read

Delaware Law Weekly

'An Extraordinary Case by Any Measure': Judge Approves Main Points of Boy Scouts Bankruptcy Plan

Attorneys for some of the 82,209 total abuse claimants said Monday they're looking to make adjustments and get a final confirmation order in place within a month.
4 minute read

Daily Report Online

Man Sues T-Mobile, Banks, Others for Alleged Discrimination

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read

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