Discover what makes a debtor nation. Learn how they function, their global financial role, and why the U.S. is a leading ...

Bankruptcy debtors have special rights in contracts or leases where both parties have outstanding obligations, known in legal terms as “executory contracts” or “unexpired leases”. If you are doing ...

I am very frequently asked the question: "What do you consider to be the biggest common weakness of most asset protection plans?" The answer to that ― in my opinion at least ― is that the plan fails ...

In this modern world that we live in, consumers are protected and have certain rights when it comes to debt collection. The practices of debt collection agencies have to abide by rules through the ...

A debtor or borrower is a person or organization that borrows money from a financial institution, usually tied to a loan or credit card. The Fair Debt Collection Practices Act protects debtors from ...

Vendors, landlords, and other creditors often feel a sense of security when doing business with Chapter 11 debtors. The Bankruptcy Code, and even court orders entered at the outset of a bankruptcy ...

Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. Chip Stapleton is a Series 7 and Series 66 license holder, CFA Level ...

Two years after the bankruptcy court approved retention of debtor's counsel in Boy Scouts over the objection of one of debtor's insurers, the U.S. Court of Appeals for the Third Circuit affirmed. In ...

A beer wholesaler in Washington state, Crown LLC was owned 51% by a company called Crown Distributing Company of Everett, Inc. ("Crown of Everett") that itself was owned by Debtor. The other 49% was ...

Three Oakland County lawyers face criminal charges that could have them lose their law licenses and get sent to prison. The three were charged last year with committing fraud that victimized hundreds ...