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BNET Business Dictionary
- Creditor
- a person or an entity to whom money is owed as a consequence of the receipt of goods or services in advance of payment
- Creditor definition on BNET »
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- Goldman Completes $7 Billion SIV Restructure
- By Olesya Dmitracova and Elena Moya LONDON (Reuters) - Goldman Sachs Group Inc GS has completed a long-awaited rescue of a $7 billion structured investment vehicle, the receivers said on Tuesday, paving the way to clear up more troubled mortgage assets. The deal...
- News items 2008-06-17
- Goldman Completes 3.6 Bln Pound SIV Restructure
- By Olesya Dmitracova and Elena Moya LONDON (Reuters UK) - Goldman Sachs Group Inc has completed a long-awaited rescue of a 3.6 billion pound structured investment vehicle, the receivers said on Tuesday, paving the way to clear up more troubled mortgage assets. The deal to restructure...
- News items 2008-06-17
- New Bankruptcy Law: Many Changes, Few Benefits For Small Businesses
- The most sweeping change in U.S. bankruptcy rules in a quarter-century takes effect in October 2005. Small-business creditors may be helped some, but there is considerable debate on just how much. Many legal experts say most small-business creditors won't be helped very much at all. Most entrepreneurs hoping for a...
- White papers
- Other Laws Assisting Creditors And Bankruptcy
- The bankruptcy system facilitates orderly resolution of debts. It signals a fresh ‘start’ for the debtor. At the same time, it has a number of cons too. These include encouragement of poor financial decisions and provision of room for system abuse. The paper examines these issues and discusses some approaches...
- Presentations
- Business Need: Determine Viability and Enhance Performance
- The Edwards Theatres was the 10th largest circuit in the country, Edwards Theatres were renowned for their full length screens, outstanding projection and sound systems, and stadium seating. XRoads implemented the right strategy for the Committee so that to the unsecured creditors could be fully repaid, at the same time...
- Case studies
- Bankruptcy 101
- A discharge of an individual's debt is a release of an individual's liability from certain specified types of debt. The discharge is a permanent order to the individual's creditors that they refrain from taking legal, collection, written or verbal communication with a debtor regarding the collection of unpaid dollars. This...
- White papers
- Keeping Track Of Your Credit Score Can Help You Avoid Bankruptcy
- Having a copy of your credit score can most often mean the difference between going deeper into debt and getting out of it. Because most people do not keep track of their credit score, they often go into deep debt without even realizing it. Every time you are late making...
- White papers 2006-10-25
- Don't Rush To Bankruptcy - But It Might Be Inevitable
- What is Bankruptcy is a legally declared inability or impairment of ability of an individual or organization to pay their creditors. A declared state of bankruptcy can be requested or initiated by the bankrupt individual or organization, or it can be requested by creditors in an effort to recoup a...
- White papers 2006-10-25
- Personal Letter To Creditors Advising Them You Are In Bankruptcy
- Use this template to inform the creditors that you are filing for bankruptcy.
- Tools & templates 2008-01-01
- Letter To Trustee Requesting To Be Added To List Of Creditors
- This letter is a request to be added to a list of creditors due payment after a business has gone through bankruptcy proceedings.
- Tools & templates 2008-01-01
- Assignment Of Accounts Receivable (With Non-Recourse)
- This is General Assignment of Accounts by a debtor in favour of a creditor. It assigns the accounts as collateral security for specific debts to the creditor.
- Tools & templates 2007-12-01
- Monthly Partial Payment To Creditor
- Use this template as a cover letter while doing partial payment to creditor. Use can modify it as per his or her requirement.
- Tools & templates 2007-12-01
- Settlement Offer On Disputed Amount
- This is a template for settlement offer on disputed amount. The purpose of this for is to resolve an account in dispute between a creditor and a debtor. Debtor agrees to pay to creditor and creditor agrees to accept from debtor a certain sum of money as a complete and...
- Tools & templates 2007-12-01
- Agreement To Extend Debt Payment
- This is a template for agreement to extend debt payment. Creditors can extend the amount of time in which a borrower pays back their indebtedness with this Agreement to Extend Debt Payment. The repayment period is extended to give the borrower more time, provided that all payments are made on...
- Tools & templates 2007-12-01
- Bulk Sales Notice (Short Form)
- This is a template for bulk sale notice. A bulk sale, sometimes called a bulk transfer, is a sale of goods by a business that represents all or substantially its entire inventory to a single buyer unless such a sale would be common in the ordinary course of its business....
- Tools & templates 2007-12-01
- Understanding Bankruptcy
- At one time, bankruptcy was regarded as shameful—something that left the doors of bankrupt businesses shuttered and forlorn, while individuals huddled penniless on the streets or in jail, unable to face their friends. Today bankruptcy doesn’t carry quite that stigma. With business being covered far more broadly and intently by...
- Articles 2007-12-18
- Creditors List
- This template is used for creditors list and it also shows chart for internal creditors list and debtors list. This tool is also concerned with supply.
- Tools & templates 2007-02-22
- Sovereign Bankruptcy: A Piece Of The International Financial Architecture Is Still Missing
- The argument in this paper began by indicating how the debt problems of low income countries have largely been subsumed in their aid relationship with their major donors, from which aid donors would do well to look at experiences in monitoring HIPC relief for lessons that might be applied to...
- White papers 2007-03-29
- Grasping the Legal Issues When Liquidating a Small Business or Partnership
- Liquidation is the process of gathering the assets of a business to settle the corporate debts. Once this process is completed, the business is then dissolved. One should not rush into this; it is important to take advice about whether this is the best route for your business. If it...
- Articles 2007-06-27
- Economics of Bankruptcy
- Bankruptcy is the legal procedure by which the assets of a debtor are distributed among its creditors. The debtor can be either an individual or a firm. In corporations, bankruptcy happens when either the firm or the creditors delegate a third party - be it a judge or other public...
- White papers 2006-01-01
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