Author: LegalEase Solutions QUESTION PRESENTED Whether, under Illinois and Ohio law, a creditor, directly or through a bankruptcy trustee, can bring a derivative action in a bankruptcy proceeding for pre-petition … Continue reading “Creditors pre-petition derivative action”
Bankruptcy Blog
Creditors pre-petition derivative action
Author: LegalEase Solutions QUESTION PRESENTED Whether, under Illinois and Ohio law, a creditor, directly or through a bankruptcy trustee, can bring a derivative action in a bankruptcy proceeding for pre-petition … Continue reading “Creditors pre-petition derivative action”
Forfeiture of Joint Ownership Property
Author: LegalEase Solutions QUESTION PRESENTED Whether the wife is liable for the forfeiture order entered against her husband and, if so, Whether the obligation passes to her after his death; … Continue reading “Forfeiture of Joint Ownership Property”
Heir’s ability to cure mortgage arrears in a Chapter 13 bankruptcy
Author: LegalEase Solutions QUESTION PRESENTED Can an heir cure mortgage arrears in a Chapter 13 plan? SHORT ANSWER A debtor who fails to repay a mortgage faces the risk of … Continue reading “Heir’s ability to cure mortgage arrears in a Chapter 13 bankruptcy”
Credit card debt judgment memo
Author: LegalEase Solutions QUESTION PRESENTED Can a creditor seize a husband’s share of a joint tax refund for his wife’s individual debt? SHORT ANSWER Under Michigan law, if a creditor … Continue reading “Credit card debt judgment memo”
Bankruptcy Chapter 7 Texas; charging order; wildcard exemption
Author: LegalEase Solutions RESEARCH FINDINGS Wild card exemption: Chapter 7 bankruptcy case allows the debtor to protect “exempt” assets from liquidation and sale by the trustee. There are federal … Continue reading “Bankruptcy Chapter 7 Texas; charging order; wildcard exemption”
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