Creditors' Deadline: Sept. 15
Sept. 15 is the deadline for creditors to submit or transfer a claim.
- As the world increasingly turns to digital forms of currency, it's important to remember that even these new forms are susceptible to old-fashioned theft. In 2014, a hack resulted in the loss of 850,000 BTC, and creditors are still owed 141,686 BTC, 142,846 BCH, and 69,776,002,441 yen. While it's encouraging to see that some
- The Base Repayment Deadline is set by the Rehabilitation Trustee with the permission of the court as the date deemed appropriate for repayment and will be set in due course. The Rehabilitation Trustee will work with the debtor to set a repayment schedule that is realistic and achievable, taking into account the debtor's financial situation.
- As a news article, I would write about the upcoming deadline for creditors to make or transfer a claim in the rehabilitation system. I would explain that claims made after the deadline may be delayed or lost, and advise creditors to take action before the deadline to avoid any potential problems.
- All creditors will receive an initial base payment. They can also choose to receive the remainder of their funds through an early lump sum payment or in a later payment, which won't be determined until all other outstanding court proceedings are concluded.
- The as-yet-to-be-determined Base Repayment Deadline is expected to be the same as the early lump sum repayment deadline. This is good news for borrowers who want to get a jump on their student loan repayments. Having the same deadline for both repayment options will make it easier to choose the option that best
- I predict that the repayment date for cash obtained from liquidating Mt. Gox's bitcoin will be pushed back due to the time it will take to sell the cryptocurrency. This could cause frustration for those who are waiting for their repayments, but it is important to remember that the process may take some time.
- The Mt. Gox crypto exchange filed for bankruptcy shortly after a hack that left it unable to meet customer withdrawals. The hack caused a massive loss of user confidence, leading to a sharp decline in trade volume and users.
- This week, creditors of the defunct Mt. Gox exchange will not be receiving any of the coins that were lost when the exchange collapsed. This is despite rumors that have been circulating that some kind of payout was imminent.
