The debtor will shift the company's revenue mix from a consumer-dominated business to an enterprise and government-led ...

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 ...

Top court says insolvency moratorium cannot be used by promoters, directors or guarantors to stall consumer and other legal ...

In a recent decision in In re Taing, the U.S. Bankruptcy Court for the District of Massachusetts held that a mortgagee holds a claim that could be modified by a Chapter 11 plan even if the debtor was ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech and strategic finance ...

Supreme Court set aside the NCDRC order and allowed the consumer complaint to proceed against respondents not protected by the Section 14 IBC moratorium.

When individual debtor Larry Addington filed for bankruptcy, he owned a 36% membership interest in a limited liability company called Ultra Energy Resources, LLC (Ultra). In turn, Ultra owned a 100% ...

A trademark does not stop being a business asset the moment its owner becomes insolvent — if anything, it becomes one of the few assets still capable of holding ...

leverage that springs from an organized association of debtors, often in debt to shared creditors, to negotiate the terms and conditions of debt contracts, including the abolition of unjust debts the ...

Creditors often charge interest on the loans they offer their clients, such as a 5% interest rate on a $5,000 loan. The ...

Anthony Buffa is a private equity investor who got behind on his promissory note to First Third Bank and stipulated to judgment against him in the amount of $180,000. First Third Bank then sold the ...