• The trainings feature a discussion on the basic skills used to interview a prospective client, prepare bankruptcy schedules, and represent a debtor through a Chapter 7 proceeding. (dcbar.org)
  • in the United Kingdom and some states of the United States until the mid-19th century, debtors could be imprisoned in debtor's prisons, while in some countries such as Greece debtors are still imprisoned. (wikipedia.org)
  • Debtors prisons were outlawed in the United States nearly 200 years ago. (wxpr.org)
  • ST. LOUIS (CN) - A federal class action (pdf) accuses 13 St. Louis County cities of putting black people in de facto debtors' prisons because they can't afford to pay traffic tickets and fines for other petty offenses. (allgov.com)
  • The citations are followed by 'arbitrary fines, penalties, surcharges, and interest charges that pile up like debts to a loan-shark, arrest warrants auto-generated without good cause or even a semblance of due process, and imprisonment - imposed without assistance of counsel - in squalid debtors' prisons,' the complaint states. (allgov.com)
  • When viewed in a light most favorable to Defendants, their testimony concerning the City's court system could reasonably be characterized as the operation of a debtors prison. (msnbc.com)
  • In addition to holding folks in debtors prison, he's saying, they're also holding them in indefinite work release - for profit. (msnbc.com)
  • No one likes to be "Sent to Coventry" and for our forebears telling someone you had "Gone to Lancaster" was also something not to be relished as the statement was a well-known euphemistic phrase for appearing before the Court for the Relief of Insolvent Debtors and spending time in the Debtors Prison for the County of Lancashire, then situate within Lancaster Castle. (thevisitor.co.uk)
  • Life in the debtors' prison were fairly lax and certainly enough to permit "normal" life to continue for many. (thevisitor.co.uk)
  • Because of this it can be said that debtors and creditors existed even before the implementation of coinage. (wikipedia.org)
  • An Individual Voluntary Arrangement is a legally binding arrangement supervised by a licensed Insolvency Practitioner, the purpose of which is to enable an individual, sole trader or Partner ("the Debtor") to reach a compromise with his creditors and avoid the consequences of bankruptcy. (wikipedia.org)
  • An award in favor of a Debtor/Plaintiff could conceivably impact the administration of the bankruptcy estates by increasing the amount of money available for distribution to the unsecured creditors of the bankruptcy estate. (lexology.com)
  • Creditors can sue debtors to collect. (prweb.com)
  • If there are too many creditors built up from years of hard times, it could overwhelm the debtor. (prweb.com)
  • It is generally accepted that a solvent debtor must pay its creditors their complete contractual entitlement before any amount is paid to equity or retained by the debtor. (jdsupra.com)
  • The debtor insisted that the creditors were unimpaired - and thus ineligible to vote on the plan - because the plan would pay them everything they were entitled to under the Bankruptcy Code. (jdsupra.com)
  • According to the debtor, it did not matter that creditors would be entitled to a make-whole premium and post-petition interest at the contract rate under state law, because it was the Bankruptcy Code, not the plan itself, that freed the debtor from the obligation to pay these amounts. (jdsupra.com)
  • The creditors say their contracts entitle them to both amounts, and that their contracts should be honored under bankruptcy law's longstanding "solvent-debtor" exception. (jdsupra.com)
  • Section 521(b)(1), which requires an individual debtor to file with the court "a certificate from the approved nonprofit budget and credit counseling agency that provided the debtor services under section 109(h) describing the services provided to the debtor …," doesn't require that either, the BAP said. (bna.com)
  • Some of these areas include: Bank account debt Trade debtors (Most commonly used in Accounting terms) Car loan debt Credit card debt Council tax debt Gambling debt Legal court debt Loan shark debt Overdraft debt Parking fines Payday loan debt Personal loan debt Phone debt Utility bill debts Being a debtor is not restricted to an individual, as in business there is also company debt. (wikipedia.org)
  • The Coface Debtor Risk Assessment measures the probability that a company will default over a 12 month period, helping you determine whether a customer is an acceptable or a high risk. (coface-usa.com)
  • The Wall Street Journal reports that since the decision will block payment on bonds, the country will now need to decide whether to reach a deal with debtors or default on its bond payments. (law.com)
  • Default occurs when the debtor has not met its legal obligations according to the debt contract, e.g.- it has not made a scheduled payment, or has violated a covenant in the debt contract. (wikipedia.org)
  • Default may occur if the debtor is either unwilling or unable to pay its debt. (wikipedia.org)
  • CLARKESVILLE, Ga., Oct. 15--John Parker went out in the country to-day to serve a warrant upon a delinquent debtor named Sisk. (nytimes.com)
  • The results shed light on the scale of capital inflows in such a regime, and the analysis establishes conditions under which this leads to an improvement in debtor country welfare. (repec.org)
  • Crisis costs and debtor discipline: the efficacy of public policy in sovereign debt crises ," FMG Discussion Papers dp390, Financial Markets Group. (repec.org)
  • Last week, the Fifth Circuit replaced the January Opinion with a new one that removes the discussion of whether the solvent debtor exception survived enactment of Section 502(b)(2). (jdsupra.com)
  • 6) In other words, Congress's recent amendments (7) have made it so that some minority debtors will no longer have the option of an immediate Chapter 7 discharge in which all races fare the same, (8) and must instead enter a long-term payment Chapter 13 in which their race may be a determining factor in whether they ever get a successful discharge. (thefreelibrary.com)
  • Section 109(h)(1), the BAP said, provides that an individual may not be a debtor unless such individual has, "during the 180-day period ending on the date of filing of the petition … received from an approved nonprofit budget and credit counseling agency … an individual or group briefing … that outlined the opportunities for available credit counseling and assisted such individual in performing a related budget analysis. (bna.com)
  • The debtor was married at the time the judgment was issued. (expertlaw.com)
  • The debtors also had many amusements such as dancing and at one time (between 1752 and 1794) there was even a bowling green. (thevisitor.co.uk)
  • The debtor has since moved to TX (a community property State) and has purchased a house with his wife. (expertlaw.com)
  • Argentina's President Cristina Kirchner has been vocally opposed to paying out debtors, calling them "vultures" and charging that their unwillingness to take restructured debt should not require the nation to pay the original amount. (law.com)
  • This practical self-inking stock stamp displays the "Debtor Exhibit" message in a clear and professional manner, as shown in the picture, allowing your office personnel to quickly stamp multiple legal, financial and miscellaneous documents in a timely fashion. (acornsales.com)