Sentences with phrase «for purposes of bankruptcy»

The applicable student loan debt service threshold is 20 % — which means that for purposes of her bankruptcy petition, the maximum amount this debtor could dedicate to student loan payments for the year in question is $ 4,733 ($ 394.41 per month), or about 12 % of her gross income.
The applicable student loan debt service threshold is 20 % — which means that for purposes of his bankruptcy petition, the maximum amount this debtor could dedicate to student loan payments for the year in question is $ 6,441 ($ 536.75 per month), or about 11 % of his gross income.
The applicable student loan debt service threshold is 20 % — which means that for purposes of her bankruptcy petition, the maximum amount this debtor could dedicate to student loan payments for the year in question is $ 2,441 ($ 203.41 per month), or 6 % of her gross income.
For purposes of bankruptcy, disposable income means what you have left over after subtracting allowed expenses from your gross earnings.

Not exact matches

For these purposes, a liquidation event can be either a bankruptcy, a dissolution or a sale of the business.
(2) Unlike U.S. municipalities such as Detroit, Puerto Rico entities aren't considered debtors for purposes of Chapter 9 of the U.S. Bankruptcy Code.
For those of you who don't know, the bankruptcy clause in writer's publishing contract is not valid, and when your publisher drops into bankruptcy, your book is an asset of the company and is treated like one and can be sold off to anyone for any purpose and you have no say over anythiFor those of you who don't know, the bankruptcy clause in writer's publishing contract is not valid, and when your publisher drops into bankruptcy, your book is an asset of the company and is treated like one and can be sold off to anyone for any purpose and you have no say over anythifor any purpose and you have no say over anything.
For example, the purpose of Leslie Parrish's essay, «Financial Literacy and Kids,» is to inform readers of how a lack of basic financial education can cause bankruptcy.
You will need a bankruptcy attorney for this purpose because they are knowledgeable in the procedure or the requirements of consumer or personal bankruptcy filings.
Federal and Private Student Loan Bankruptcy and Discharge Guide Student loans are those debts that are taken out for the expressed purpose of funding one's college education, and they may be either federal...
Somebody I met claims that some «shady» business owners out there can create a company with the purpose of paying for an expensive service - then make that company file for bankruptcy to avoid paying for said service (after the service was already completed).
Taking on a new debt without a plan on how you're going to pay it off defeats the purpose of filing for bankruptcy in the first place.
While your score is likely to achieve that goal of 700 within the next few months simply by continuing to manage your post-bankruptcy credit as you've been doing, I'm going to suggest accelerating the process by obtaining another credit card or two for the dual purpose of increasing your available credit, which should help lower your utilization, and adding some positive credit to your credit report to help offset or dilute some of that negative credit history related to your bankruptcy.
For credit scoring purposes, the filing date provides the starting date for calculations measuring the length of time since a bankruptcy occurred, which is a strong scoring component of the payment history - related scoring factors that together make up 35 percent of your scoFor credit scoring purposes, the filing date provides the starting date for calculations measuring the length of time since a bankruptcy occurred, which is a strong scoring component of the payment history - related scoring factors that together make up 35 percent of your scofor calculations measuring the length of time since a bankruptcy occurred, which is a strong scoring component of the payment history - related scoring factors that together make up 35 percent of your score.
The whole purpose of this exercise is to find the right solution for you and your family — it is not to sell you a bankruptcy that you don't need.
This option will put your qualified assets to a bankruptcy estate for the purpose of auctioning off the property.
Regardless of what your state laws deem as homesteaded property, for federal bankruptcy purposes, a homestead is your primary residence, the place in which you and your family live.
However, even the unsecured version of the fresh start loan allows you to avoid bankruptcy and other negative effects, and will free up some of your monthly income for other purposes.
For purposes of rehabilitating credit, what a new creditor wants to know is whether your bankruptcy is finished.
Loans taken out for the purpose of financing the costs of education are not subject to discharge in bankruptcy, except in very limited circumstances.
One of the main purposes of filing for personal bankruptcy in Canada is to discharge your debts.
For purposes of the means test, the U.S. Bankruptcy Code defines current monthly income as including: «any amount paid by any entity other than the debtor (or in a joint case the debtor and the debtor's spouse), on a regular basis for the household expenses of the debtor or the debtor's dependents (and in a joint case the debtor's spouse if not otherwise a dependent)...» Benefits received under the Social Security Act, payments to victims of war crimes or crimes against humanity on account of their status as victims of such crimes, and payments to victims of international terrorism or domestic terrorism on account of their status as victims of such terrorism are excluded from the means teFor purposes of the means test, the U.S. Bankruptcy Code defines current monthly income as including: «any amount paid by any entity other than the debtor (or in a joint case the debtor and the debtor's spouse), on a regular basis for the household expenses of the debtor or the debtor's dependents (and in a joint case the debtor's spouse if not otherwise a dependent)...» Benefits received under the Social Security Act, payments to victims of war crimes or crimes against humanity on account of their status as victims of such crimes, and payments to victims of international terrorism or domestic terrorism on account of their status as victims of such terrorism are excluded from the means tefor the household expenses of the debtor or the debtor's dependents (and in a joint case the debtor's spouse if not otherwise a dependent)...» Benefits received under the Social Security Act, payments to victims of war crimes or crimes against humanity on account of their status as victims of such crimes, and payments to victims of international terrorism or domestic terrorism on account of their status as victims of such terrorism are excluded from the means test.
It's got to be real, though — you can't open up a bank account with $ 1 for the purpose of qualifying to be a debtor in bankruptcy court.
«Income» for bankruptcy purposes is not necessarily a reflection of what you make, nor is it a reflection of what you are currently making
For purposes of this blog, let's concentrate on debts that can't be discharged when a person files a Chapter 7 Bankruptcy case.
For filing bankruptcy purposes in a community property state, unless your spouse owns property you can prove has never been owned jointly, you will have to list 50 % of the value of the property as part of your assets.
The purpose of filing for bankruptcy is to gain a fresh start so that you can recover and rebuild from a financial crisis.
For the purposes of Directive 11R of the Bankruptcy and Insolvency Act, disability income or allowances are considered part of your income.
The Bankruptcy Registrar (the judge) in this case decided that, for the purposes of the student loans, she ceased to be a student in 1989.
A week later, the second case Mr Mark Sands (as Trustee in Bankruptcy of Mr Tarlochan Singh) v Mr Tarlochan Singh & Others [2016] EWHC 636 (Ch), [2016] All ER (D) 209 (Mar) revisited (along with other matters) the issue of whether a sealed financial order and a consequential deed of trust dealing in the former matrimonial home could be set aside on the basis that it was either a transaction at an undervalue for the purposes of s 339 of IA 1986.
When fees were increased to 10 cents a page in 2012, the amount of income from PACER increased to $ 145 million, «much of which was earmarked for other purposes such as courtroom technology, websites for jurors, and bankruptcy notification systems,» according to the suit.
With respect to (4) and (5), the ONCA set aside the motion judge's lump sum spousal support order, without prejudice to the mother's right to bring another motion for lump sum support, noting that the motions judge's analysis on this issue was lacking and that his approach supported the conclusion that the underlying purpose of his lump sum spousal support award was merely to convert the mother's unpaid equalization payment into lump sum spousal support following the father's bankruptcy.
2 Sept. 25, 2014)(unpublished) is a real imbroglio involving bankruptcy adversary and state court proceedings in which vexatious litigant orders and fee recovery orders were entered, eventually with an attorney for a vexatious litigant being added as a judgment debtor for purposes of certain vexatious litigant sanctions rulings.
For example, users can ask ROSS, «In New York, is the filing of a bankruptcy petition solely for the purpose of restructuring a lease or rejecting a lease a bad faith filing after 2008?&raqFor example, users can ask ROSS, «In New York, is the filing of a bankruptcy petition solely for the purpose of restructuring a lease or rejecting a lease a bad faith filing after 2008?&raqfor the purpose of restructuring a lease or rejecting a lease a bad faith filing after 2008?»
Bankruptcy — annulment — Centre of Main Interests for the purposes of the EC Regulation — «forum shopping».
«My spouse and I are legally separated under applicable non-bankruptcy law or my spouse and I are living apart other than for the purpose of evading the requirements of § 707 (b)(2)(A) of the Bankruptcy Code.»
Although the couple may be living separate and apart for purposes of obtaining a no - fault divorce in Virginia, it is unclear whether this type of separation would be considered a sufficient separation for bankruptcy means - testing purposes.
For this purpose «member» includes trustees in bankruptcy and other people who have been transferred shares by operation of the law.
In Re Erin Features No. 1 Ltd., 8 the British Columbia Supreme Court held that an agreement made by Erin Features, which was in bankruptcy, granting exclusive marketing rights in Canada to Modern Cinema could not be characterized as an executory contract because the film company had»... alienated its property in the film for the purpose of distribution in Canada «9 through a valid conveyance.
Professional Duties & Responsibilities Provided administrative and technical support to multiple law firms Scheduled activities for intellectual property, bankruptcy, and corporate attorneys Created and distributed weekly and monthly calendars containing case deadlines Obtained working knowledge of the Federal and local rules of Civil Procedure Performed legal research using multiple industry search engines and databases Assisted attorneys with conflict of interest inquiries, strategy, and special projects Filed legal documents in federal, state, county, city, and appellate courts Oversaw case developments and prepared status reports for legal team Scanned, proofread, edited, and converted legal documents into Adobe PDF files for printing and archival purposes Oversaw all firm incoming and outgoing mail processes Directed and maintained large scale military computer systems Received multiple awards for excellent service record
Professional Accomplishments Provided administrative and technical support to multiple law firms Scheduled activities for intellectual property, bankruptcy, and corporate attorneys Created and distributed weekly and monthly calendars containing case deadlines Obtained working knowledge of the Federal and local rules of Civil Procedure Performed legal research using multiple industry search engines and databases Assisted attorneys with conflict of interest inquiries, strategy, and special projects Filed legal documents in federal, state, county, city, and appellate courts Oversaw case developments and prepared status reports for legal team Scanned, proofread, edited, and converted legal documents into Adobe PDF files for printing and archival purposes Oversaw all firm incoming and outgoing mail processes Directed and maintained large scale military computer systems Received multiple awards for excellent service record
(6) In satisfying itself for the purposes of paragraph (3)(c), the court must have regard to any payments, and any transfer or settlement of property, previously made by a party to the de facto relationship, or by the bankruptcy trustee of a party to the de facto relationship, to:
(5A) In satisfying itself for the purposes of paragraph (2)(ba), the court shall have regard to any payments, and any transfer or settlement of property, previously made by a party to the marriage, or by the bankruptcy trustee of a party to the marriage, to:
(1A) For the purposes of subsection (1), if the bankruptcy trustee of a bankrupt party to a marriage applies under section 139A of the Bankruptcy Act 1966 for an order under Division 4A of Part VI of that Act, proceedings relating to that application are taken to be proceedings under this Act in relation to the marriaFor the purposes of subsection (1), if the bankruptcy trustee of a bankrupt party to a marriage applies under section 139A of the Bankruptcy Act 1966 for an order under Division 4A of Part VI of that Act, proceedings relating to that application are taken to be proceedings under this Act in relation to thebankruptcy trustee of a bankrupt party to a marriage applies under section 139A of the Bankruptcy Act 1966 for an order under Division 4A of Part VI of that Act, proceedings relating to that application are taken to be proceedings under this Act in relation to theBankruptcy Act 1966 for an order under Division 4A of Part VI of that Act, proceedings relating to that application are taken to be proceedings under this Act in relation to the marriafor an order under Division 4A of Part VI of that Act, proceedings relating to that application are taken to be proceedings under this Act in relation to the marriage.
Although Mario and the company have completed thousands of mortgage appraisals over the past 15 years, our experienced and highly qualified Contra Costa based appraisers «specialize» in helping people who need appraisals for estate purposes, divorce, bankruptcy, FSBO's and more.
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