Sentences with phrase «allowed federal bankruptcy»

This ethos helped shape the 1938 Chandler Act, which allowed federal bankruptcy courts to clear a debtor's financial history and completely absolve him or her from certain obligations to creditors.

What if there was a shady side of the law that allowed federal bankruptcy court trustees to hide things from you for up to a year before you found out you lost your assets to your creditors after filing for bankruptcy protection?

Not exact matches

Snyder's decision allowed Detroit Emergency Manager Kevyn Orr to make a filing under Chapter 9 of the federal bankruptcy law.

«I have, and will continue to, push for federal legislation that would allow the commonwealth of Puerto Rico to declare bankruptcy and restructure its debt,» said Bronx Borough President Ruben Diaz Jr..

The City Hall Plaza press conference, hosted by the Hispanic Federation, called for a laundry list of federal actions, including implementing «a federal investment plan», eliminating Jones Act requirements that goods shipped between Puerto Rico and other places in America be transported on U.S. ships with U.S. crews, changing the U.S. bankruptcy code to allow Puerto Rico and its government related enterprises to file bankruptcy petitions and urging President Obama to «explore a Federal Reserve loan» and «oppose severe austerity.federal actions, including implementing «a federal investment plan», eliminating Jones Act requirements that goods shipped between Puerto Rico and other places in America be transported on U.S. ships with U.S. crews, changing the U.S. bankruptcy code to allow Puerto Rico and its government related enterprises to file bankruptcy petitions and urging President Obama to «explore a Federal Reserve loan» and «oppose severe austerity.federal investment plan», eliminating Jones Act requirements that goods shipped between Puerto Rico and other places in America be transported on U.S. ships with U.S. crews, changing the U.S. bankruptcy code to allow Puerto Rico and its government related enterprises to file bankruptcy petitions and urging President Obama to «explore a Federal Reserve loan» and «oppose severe austerity.Federal Reserve loan» and «oppose severe austerity.»

As you can see, this puts Puerto Rico in a huge predicament: the Federal Government refuses to help financially, and the Federal Government refuses to allow Puerto Rico to declare bankruptcy.

Among its promises are that Democrats will support free community college for all, make it easier to repay student loans, allow borrowers with student loans to discharge their debts in bankruptcy if necessary, strengthen higher education schools that serve minorities, crack down on «for - profit schools that take millions in federal financial aid,» and continue to work to improve public schools by holding teachers and schools «accountable.»

Bankruptcy is a process that allows an individual or business to eliminate or repay a portion of their debt, or at times all of their debt, under the protection of the United States federal bankrupBankruptcy is a process that allows an individual or business to eliminate or repay a portion of their debt, or at times all of their debt, under the protection of the United States federal bankruptcybankruptcy court.

FHA loans include purchase loans, home construction loans, and streamlined refinance loans insured by the Federal Housing Administration; as well as loans for «special» FHA programs such as Back to Work, which allows for recent bankruptcy, foreclosure, or short sale.

A: Bankruptcy is a protection under federal law that allows a person to reorganize outstanding debts.

After a precedent was set by the Supreme Court, federal law doesn't allow student loan debt to be discharged in bankruptcy, although other forms of outstanding debt such as credit cards have the potential for discharge in bankruptcy.

In a Chapter 7 case, the most common type of personal bankruptcy, the court doesn't allow an individual to keep their assets, but most exemptions allowed under state and federal law are large enough to cover a secured debt such as a house mortgage a car loan.

These schedules will be used by the bankruptcy court to check against state and federal exemption laws which allows the filer to keep the unsecured assets listed under most circumstances.

Bankruptcy law has not allowed the discharge of federal loans since 1978, which included student loans issued entirely by the federal government.

Strategically, by using a combination of Bankruptcy, State, and Federal consumer protection laws, Doan Law Firm has developed and pioneered a program that allows homeowners to legally remain in their home for 8 - 18 months or even years after ending mortgage payments!

Federal, state or local government agencies are not allowed to consider your bankruptcy when making a hiring decision.

The state does not allow filers to use federal exemptions for assets, so their choice is dictated by state bankruptcy exemption laws alone.

Except in a select few circumstances, discharging your federal student loan in a bankruptcy proceeding is rarely allowed.

The exemption limit varies based on state laws, but some states allow you to use a federal bankruptcy exemption list.

our federal government says if you file for bankruptcy, there are certain thresholds — the amount of income you're allowed to take home on a monthly basis.

Benny Mendlowitz: Well, our federal government says if you file for bankruptcy, there's certain thresholds, the amount of income you're allowed to take home on a monthly basis.

In the vast majority of Chapter 7 or Chapter 13 bankruptcies, your home can not be sold to satisfy creditors because of the Homestead Exemption, a federal bankruptcy code provision that allows homeowners to remain in their homes [source: Bulkat].

Federal bankruptcy law does not allow the discharge of student loan debt unless the debtor can show «undue hardship.»

Federal law does not allow the discharge of student loan debt in a bankruptcy case, except with a showing of «undue hardship.»

The latest entry is Docket Alarm, which allows for real - time tracking of any docket you tell it to follow and full - text search of federal, bankruptcy, patent trial board, and international trade commission decisions.

Currently, Google Scholar allows you to search and read published opinions of US state appellate and supreme court cases since 1950, US federal district, appellate, tax and bankruptcy courts since...

While federal bankruptcy legislation does allow for different treatment of certain issues between the provinces, such as, for example, provincial exemptions, ideally the imposition of the federal scheme would allow for as few disparities as possible.

Bankruptcy is a program created by federal law that allows you to eliminate certain kinds of debt or create a payment plan to repay your debts over time.

Stein removed the entire case to federal bankruptcy court, with pool company's complaint being dismissed but with Stein's cross-claims allowed to proceed.

The Attorney General's office filed multiple motions with the Federal Bankruptcy Court to allow them to proceed with collection efforts against our client.

The SCC decided the provincial legislation and the federal BIA clearly conflict — and can't operate concurrently: one provides for the release of all claims provable in bankruptcy, while the other disregards this release and allows for the use of a debt enforcement mechanism to exclude a discharge in bankruptcy.

«Public Access to Court Electronic Records (PACER) is an electronic public access service that allows users to obtain case and docket information from Federal Appellate, District and Bankruptcy courts, and the U.S. Party / Case Index via the Internet.»

Those states that do not allow their citizens to use the federal bankruptcy exemptions, like the Commonwealth of Virginia, are said to have «opted out» of the federal bankruptcy exemptions contained in Section 522 (d) of the Bankrubankruptcy exemptions, like the Commonwealth of Virginia, are said to have «opted out» of the federal bankruptcy exemptions contained in Section 522 (d) of the Bankrubankruptcy exemptions contained in Section 522 (d) of the BankruptcyBankruptcy Code.

The bankruptcy code respects this division between federal and state law by allowing each state to provide its citizens with state law exemptions in bankruptcy, or the use of the federal bankruptcy exemptions, or the choice to use either.

Currently, Google Scholar allows you to search and read published opinions of US state appellate and supreme court cases since 1950, US federal district, appellate, tax and bankruptcy courts since 1923 and US Supreme Court cases since 1791.

From the Pacer site: «Public Access to Court Electronic Records (PACER) is an electronic public access service that allows users to obtain case and docket information from federal appellate, district and bankruptcy courts, and the PACER Case Locator via the Internet.

The law is written to allow states to choose to opt out of the federal regulations for bankruptcy laws and impose their own rules for people in this situation.

According to IREM, the federal government currently allows the utility to recover those costs over time, but competition could force utilities with stranded costs into bankruptcy.