Indiana Chapter 13 Bankruptcy is usually referred to as reorganization bankruptcy. Individuals can use Chapter 13 Bankruptcy to quit repossession or avoid property foreclosure. For those who have a purchase date on a home, Chapter 13 Bankruptcy may stop a foreclosure purchase date. Chapter 13 Bankruptcy may enable you to reorganize debt that is unsecured bank cards, medical bills, collection records, payday advances, and online loans. (weiterlesen …)
November 26, 2020
November 19, 2020
Big Picture Loans Lands Big Profit for Tribal Lenders in Sovereign Immunity Case
An online lender owned and operated by the Lac Vieux Desert Band of Lake Superior Chippewa Indians, a federally recognized Indian tribe (???Tribe???), and Ascension Technologies, LLC, the Tribe??™s management and consultant company successfully established that they are each arms of the Tribe and cloaked with all of the privileges and immunities of the Tribe, including sovereign immunity in a recent decision by the Fourth Circuit, Big Picture Loans, LLC. As back ground, Big Picture Loans and Ascension are two entities formed under Tribal legislation because of the Tribe and both are wholly owned and operated because of the Tribe. Big Picture Loans provides customer financial services products online and Ascension offers marketing and technology solutions solely to Big image Loans.
Plaintiffs, consumers that has applied for loans from Big image Loans, brought a class that is putative into the Eastern District of Virginia, arguing that state legislation as well as other various claims placed on Big Picture Loans and Ascension. (weiterlesen …)
