Bankruptcy debtors have special rights in contracts or leases where both parties have outstanding obligations, known in legal terms as “executory contracts” or “unexpired leases”. If you are doing ...

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% ...

This panel will discuss different tactics creditors use to pursue the collection of debt, how debtors can defend against collection efforts and pursue claims when a creditor has gone too far, how ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. And while debt collectors do have a lot of power in that situation, they ...