by lojct admin | Apr 9, 2024 | Second Mortgage Bidding, Senior Liens
Navigating the complexities of second mortgage bidding and senior payoffs can be a daunting task for creditors seeking to protect their interests in real estate transactions. Whether it’s in the context of a foreclosure sale or a bankruptcy proceeding,...
by lojct admin | Mar 19, 2024 | Bankruptcy
Bankruptcy proceedings can be complex and multifaceted, especially for creditors seeking to recover debts owed to them by insolvent debtors. In the course of bankruptcy cases, creditors may encounter various legal challenges and disputes that require resolution...
by lojct admin | Mar 19, 2024 | Bankruptcy
In the complex landscape of bankruptcy proceedings, confirmation hearings play a pivotal role in determining the fate of a debtor’s reorganization or liquidation plan. For creditors, confirmation hearings represent a critical juncture where their rights and...
by lojct admin | Mar 13, 2024 | Bankruptcy, Compliance, Litigation, Motions for Relief
In the realm of finance and commerce, the relationship between creditors and debtors forms the backbone of economic transactions. Whether it’s a bank extending a loan, a vendor providing goods on credit, or a service provider invoicing for services rendered,...
by lojct admin | Mar 13, 2024 | Bankruptcy
In the intricate world of bankruptcy proceedings, creditors face numerous challenges when attempting to recover debts owed to them by insolvent debtors. One of the critical steps in this process is filing proofs of claim, which serves as a formal assertion of the...
by lojct admin | Feb 29, 2024 | Bankruptcy
In the intricate realm of bankruptcy law, creditors often find themselves grappling with a labyrinth of legal procedures to safeguard their interests. Among these, relief from stay motions in Chapter 7 bankruptcy emerges as a critical tool. At Tatman Legal, a leading...
by lojct admin | Feb 27, 2024 | Bankruptcy
In the realm of bankruptcy law, Chapter 13 cramdowns represent a critical area of focus for both debtors and creditors. This legal mechanism allows debtors to adjust certain secured debts in their repayment plans, presenting challenges and opportunities for creditors....
by lojct admin | Feb 20, 2024 | Compliance, Litigation, Regulatory
Financial Protection Law Gains CFPB Backing “At a recent national meeting of state attorneys general, CFPB Director Rohit Chopra outlined his vision for cooperation between the CFPB and state attorneys general and presented his views on the “dangers of preemption.” He...
by lojct admin | Feb 17, 2024 | Motions for Relief
The following issue is whether the prevailing party on a motion for relief is entitled to fees and costs per the underlying contract. Creditors are already in a vulnerable position once their borrower files a bankruptcy petition. From the disruption of cash flow due...
