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

The U.S. Bankruptcy Code provides that if a debtor makes an intentional fraudulent transfer within one year of the filing of bankruptcy petition, the debtor will be denied a discharge. Since the ...

The ability of a bankruptcy trustee or chapter 11 debtor-in-possession to sell assets of the bankruptcy estate "free and clear" of "any interest in property" asserted by a non-debtor is an important ...

The Ninth Circuit Bankruptcy Appellate Panel holds that a discharge injunction does not bar an alter ego claim against a non-debtor where, under applicable law, the result of an alter ego finding is ...

A receiver is an officer of the court, an agent of the debtor's estate, and an agent of the debtor itself. One of the tools used by creditors to defeat sophisticated asset protection plans is 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 ...

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 ...

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 ...

Bankruptcy Code Section 329(a) mandates the disclosure of an attorney’s transactions with a debtor. Federal Rule of Bankruptcy Procedure 2016(b) implements the attorney disclosure requirements ...

Andrew Lewis pays $320 a month on his student loans. Daniel Chung doesn’t know how much debt he’ll end up with on top of the $7,500 he already has. The rising college senior plans to go to law school, ...

NCLAT Delhi held that amount advance to Corporate Debtor with view to share profit in real estate project doesn’t qualify as financial debt u/s. 5(8) of the Insolvency and Bankruptcy Code. Thus, ...