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As Chapter 11 Bankruptcy Filings Surge, Here’s What Creditors Need to Know to Protect and Enforce Their Rights

Fraser

As chapter 11 bankruptcies continue to increase (many analysts are forecasting the “ wave ” of filings to grow), more businesses and individuals will be impacted by the fallout. For creditors to maximize their recoveries, they must stay informed and take action during a bankruptcy proceeding. First Day” Motions.

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What Happens If I Get a Job After Filing Chapter 7?

Sawin & Shea

In this blog, we take a close look at ways Chapter 7 bankruptcy affects future or current employment. If you have additional questions, we encourage you to read our online articles about filing bankruptcy. What Is Chapter 7 Bankruptcy? Chapter 7 is often referred to as liquidation bankruptcy.

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Circumventing the Subjective: Why Courts have held that the Objective Establishment of a Ponzi Scheme is Sufficient to Establish Mens Rea

ABI

7] To achieve this type of financial fraud, the Pressmans consistently shift[ed] money from lenders to pay other lenders[,] in what is commonly known as a Ponzi scheme. [8] 21] Additionally, the court-appointed trustee must prove actual fraud or constructive fraud. [22] LLC (EPD). [2] 8] Eventually, the Ponzi scheme collapsed. [9]

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Debtors Must Have Intent to Return When Claiming Homestead Exemption Over Vacated Property

ABI

3] While their new home was under construction, their oft-troubled relationship began to deteriorate, and McKee ended the relationship in 2016 after just one year of living in the Palm Springs home. [4] 7] After she moved out, McKee rented a condominium and changed her address on her drivers license and voter registration. [8]

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