Section 510(b) of the Bankruptcy Code provides a mechanism designed to preserve the creditor/shareholder risk allocation paradigm by categorically subordinating claims asserted against a debtor by ...

At the end of a lawsuit, the prevailing party often ends up with a final judgment awarding it some monetary amount from the losing party. This amount can include amounts for damages, attorney fees and ...

Q:My partner and I own a four-unit apartment building as tenants in common. A few years ago, my partner lost a negligence lawsuit, and the court rendered a $200,000 judgment against him. He has a ...

A factor may receive notice from a judgment creditor that the judgment creditor holds a judgment lien on the accounts of the factor’s client, and be tempted to ignore the notice, since the judgment ...

Dad was a debtor and owned 49% LLC (Mom owned 49%, and Son owned the other 2%). Creditor first moved to reverse veil-pierce the LLC, and the Court denied this request. Creditor then obtained a ...

Dear Bankruptcy Adviser, When we went bankrupt, we had a loan to have a new roof put on. The contractor was a crook and scammed many people in our area. We put this loan in our bankruptcy. The ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Doretha Clemons, Ph.D., MBA, PMP, has been a corporate IT executive and professor for 34 ...

Albert Barcroft appeals the trial court’s order of May 4, 2001, denying his “Motion for Judicial Review of a Documentation Purporting to Create a Judgment Lien.” See Tex. Gov’t Code Ann. 51.902 ...

The Texas Legislature enacted Texas Property Code §52.0012 in an attempt to streamline the process for releasing a judgment lien on homestead property through the filing of a homeowner’s affidavit.