2021-12-02
Summary: Mr. Kalebich was the General Manager for Duke Recycling and, in the course of his duties, on November 3, 2016, signed a guaranty for financing from Ascendum Machinery. Duke Recycling eventually failed and was liquidated.
Read More from: NC Bankruptcy Expert
2021-12-02
Summary: In an appeal from the bankruptcy court’s disallowance of late filed claims in In re Wellington, the two issues were first whether the Bankruptcy Court erred in considering only prejudice to the claims of allowed creditors and not consider
Read More from: NC Bankruptcy Expert
2021-12-02
Summary: Mr. Wellington objected to several claims filed in his Chapter 11 case as those were filed five days after the bar date. The creditors filed motions to allow their late filed claims, arguing excusable neglect, but in previous orders …
Read More from: NC Bankruptcy Expert
2021-12-02
Summary: The Debtor’s mother obtained an undivided interest in real property, recording her interest on October 6, 2006 with the Rockingham County Register of Deeds.
Read More from: NC Bankruptcy Expert
2021-12-02
Once you have fallen behind on a car, truck, motorcycle, or even a boat payment, your lender has the right to repossess the collateral. They are not required to give you notice that they intend to take your vehicle.
Read More from: Young, Marr & Associates