Category Archives: Creditor Bankruptcy

Court Skirts Issue of the Impact of Bankruptcy on Divorce Debt Enforcement by Creditor of Spouses

It is fairly common for a divorce judgment to order that one ex-spouse be solely responsible for certain joint debts, and pay those debts directly to the creditor. Such an order has no impact on the creditor, who still has … Continue reading

Attorney Eichorn to Speak at Collection Law Seminar

Attorney Daniel J. Eichorn will speak at a seminar intended for attorneys, paralegals, bankers and collection managers entitled “Advanced Collection Law.” Attorney Eichorn will speak on the topic of recent case law and its impact on the collection process, including … Continue reading

BANKRUPTCY FILINGS INCREASING

According to records maintained by the United States Bankruptcy Court for the District of Maine, the number of new bankruptcy cases filed through the end of October, 2010, is almost 8% higher than the total number of new bankruptcy cases … Continue reading

SEPTEMBER DECLINE IN CREDIT CARD CHARGE-OFF RATES

September saw significant improvement in credit card charge-off rates at major U.S. banks as well as improvement in delinquencies.  For more detailed information, please see: http://www.insidearm.com/go/arm-news/credit-card-charge-offs-decline-at-major-issuers-in-september The creditors rights attorneys at Gosselin & Dubord, P.A. are experienced litigators who are … Continue reading

WHEN CAN A BANK OR CREDIT UNION EXERCISE ITS SETOFF RIGHTS IN A CUSTOMER’S DEPOSIT ACCOUNTS?

Banks and credit unions accept deposits from and lend money to their customers. When customers fail to repay loans owed to the financial institution or become indebted to the financial institution for overdraft or other charges on their deposit accounts, … Continue reading