We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

New data from Money Wellness shows that financial pressure in the UK is becoming more focused and more damaging in specific ...

Let’s examine the potpourri of new debtor/creditor law hors d’oeuvres cooked up for 2026. How long can a creditor collect on a money judgment against a debtor in Illinois? By money judgment, we mean ...

The Bankruptcy Code’s Section 547(b) allows a trustee to recover property given to a creditor by a debtor, a process known as a preference action. However, Section 547(c)(2) provides a defense known ...

If you’ve been around closely held businesses long enough, you know that a transfer of money between a business and its owner, or between two related businesses, is sometimes characterized by the ...

In the post-judgment world, a creditor may levy execution upon the debtor's non-exempt assets wherever they are found within the court's jurisdiction. This includes the debtor's cash, whether in ...

A debt collection lawsuit doesn't have to mean automatic defeat. You may have more options than you think.

As debt relief scams become more sophisticated, it's easier than ever to fall for one. Watch out for these 7 debt relief ...

An explanation of insider status in bankruptcy and restructuring cases, including the risks and implications of insider ...

Secured Claims (2nd Lien): An asset can theoretically have dozens of lien claims against it. After assessing the priority order, each secured claim still receives top priority to receive liquidation ...

As inflation cools and businesses on both sides of the Pacific take stock of the economic damage, a quiet but significant shift is happening in how creditors approach overdue accounts. The answer, ...