You have decided to start your own business. Now it is time to get down to the business of organizing your business. From the start, it is best to put in place processes and procedures to keep you focused. Here are ten steps to help set-up your business for success.
In Indiana, a mortgage generally expires ten years after its maturity date – the date on which the last installment of the debt secured by the mortgage becomes due. However, when information respecting the maturity date is missing from the documents on file with the county recorder’s office, the time a mortgagee can bring a foreclosure action on the mortgage can be greatly reduced.
The Seventh Circuit Court of Appeals held, as a matter of first impression, that a secured creditor must file a proof of claim in a Chapter 13 bankruptcy no later than the deadline set by Bankruptcy Rule 3002(c) in order to be paid pursuant to a debtor's chapter 13 plan.
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