Sentences with phrase «also filing for bankruptcy»

This is most commonly held in a room with about 10 to 20 other people that are also filing for bankruptcy so that all of the cases can be quickly finished.
The world's No. 2 airline, United Airlines, followed soon after by also filing for bankruptcy.
Several other coal companies, including Arch Coal and Walter Energy, have also filed for bankruptcy over the last year because of pressures on the industry.
For example, the filing for bankruptcy of iRex last month, and the Cool - ER also filed for bankruptcy are currently in court diving up their corporate assets.
Unless you also file for bankruptcy, you'll have to take full charge of the loan.
A bankruptcy filing by one company does not necessarily mean that its affiliates will also file for bankruptcy.
And on the same day, the parent company of LES, LandAmerica Financial Group, a Fortune 500 company, and the third largest title company in America, realizing the size of the problem, and knowing that it had guaranteed some of LES's obligations to the exchange clients, also filed for bankruptcy protection, wiping out the guarantees.

Not exact matches

BI-LO LLC and BI-LO Holding Finance defaulted after BI-LO's owner Southeastern Grocers, which is also the parent of Winn - Dixie, filed for Chapter 11 bankruptcy in March
It didn't help matters that Fisker's battery manufacturer A123, which also borrowed from the same DOE loan program, filed for bankruptcy earlier this year.
It's also worth noting that in the same year «The Apprentice» premiered, Trump's infamously ailing casino empire filed for bankruptcy protection as a result of being more than $ 1 billion in debt.
«When people finally get to the point of coming to talk to me, it usually takes another six months for it to sink in that they have to file,» said Cara O'Neill, a legal editor with Nolo who also is a bankruptcy and litigation attorney in Roseville, California.
Kratz also later admitted abusing prescription drugs and filed for bankruptcy protection.
Partner Fund alleges that in addition to more shares, those trusting investors would also be paid back before others in the event that the startup files for bankruptcy.
Also, your interest rate may be lower than your loans (depending on whether your loan is public or private), and you can file bankruptcy on a HELOC should you get in financial trouble which isn't as easy for a student loan.
This often also applies if the cosigner files for bankruptcy.
Public records show that Pellegrino also filed for a personal bankruptcy in 1993 that was subsequently discharged later that year.
For perspective, it's also worth noting Motor Trend's owner, Source Interlink Media has been LBO'ed a few times and filed for Chapter 11 bankruptcy protection in April 20For perspective, it's also worth noting Motor Trend's owner, Source Interlink Media has been LBO'ed a few times and filed for Chapter 11 bankruptcy protection in April 20for Chapter 11 bankruptcy protection in April 2009.
You also look at Bloated book chains like Borders filing for bankruptcy.
Barnes & Noble also posted its first gain in same - store sales since 2007, a week after Ann Arbor, Michigan - based Borders filed for bankruptcy.
It's also worth noting that Dutch company iRex, which released its own, larger touch - screen e-reader, the DR 800 ($ 399), recently filed for Chapter 11 bankruptcy protection.
Learning about the right option for your needs is also essential for a successful personal bankruptcy filing.
You can also stop the lawsuit altogether by filing for bankruptcy.
Preparing for filing bankruptcy online can also save you time and is convenient.
An unpaid hospital bill can also easily morph into a bankruptcy filing, which will not fall off your credit report for seven or ten years.
• Chapter 7 Bankruptcy — Also known as a liquidation bankruptcy, a Chapter 7 bankruptcy will discharge most debts in a few months after filing, but the record of the bankruptcy itself usually remains active on a credit report forBankruptcyAlso known as a liquidation bankruptcy, a Chapter 7 bankruptcy will discharge most debts in a few months after filing, but the record of the bankruptcy itself usually remains active on a credit report forbankruptcy, a Chapter 7 bankruptcy will discharge most debts in a few months after filing, but the record of the bankruptcy itself usually remains active on a credit report forbankruptcy will discharge most debts in a few months after filing, but the record of the bankruptcy itself usually remains active on a credit report forbankruptcy itself usually remains active on a credit report for 10 years.
Debt consolidation also prevents filing for bankruptcy, eliminates creditor harassment, lowers debt payments up to 50 % and enables one monthly payment.
The loan is also an important tool in avoiding the much more serious steps of filing for bankruptcy.
Also, applications for a job, credit or insurance ask if you ever filed bankruptcy, not if you filed within the last 10 years.
It's also important to remember that, for the most part, you can't escape repaying student loans, not even by filing bankruptcy.
It also indicates whether you have been sued, arrested, or have filed for bankruptcy.
«Transferring your entire student loan balance to a credit card could also help if you file for bankruptcy in the future,» says Billion.
This often also applies if the cosigner files for bankruptcy.
Filing for bankruptcy clears many of your personal financial obligations, but it also places you in credit purgatory.
People also can file for Chapter 13 bankruptcy if they have the ability to repay most of their debts, and they do so on a 3 - to 5 - year plan.
Also, they will inquire about your reasons and decision why you are filing for bankruptcy.
Also consider that bankruptcies filed under Chapter 7 and Chapter 11 will remain on the credit report for 10 years.
Although, just like there's an exception for every rule, there's also an exception for filing bankruptcy and getting your loans dismissed, but this is a very hard almost impossible thing to accomplish.
It is also possible to file for bankruptcy, thus effectively removing the debt in one go.
Chapter 13 bankruptcy is also known as «wage earner» bankruptcy because, in order to file for Chapter 13, you must have a reliable source of income that you can use to repay some portion of your debt.
The court may also stop the garnishment for several reasons such as claiming of exemption and filing for bankruptcy.
You may also file Chapter eleven, but individual debtors who are eligible for Chapter 7 or Chapter 13 bankruptcy rarely chose this option for the complexity and expense of the proceeding reasons.
Credit reports contain details about your financial history, such as how you pay your bills or whether you've filed for bankruptcy, but they also contain some personal information, such as where you live and if you've ever been sued or arrested.
Because of the complexity of bankruptcy laws, it's always better to have an attorney file for you, though you can also ask how to file Chapter 13 without an attorney.
These files contain information such as the account number, the outstanding balance, and a nine - point rating scale, for example: R1 indicating that payment was made on time; R2 that payment was made 30 days late, but not more than 60 days; and R9 indicating a bad debt or one that has been placed for collection and it < a href =» / personal - bankruptcy / bankruptcy - and - credit - rating /» > also applies to bankruptcy .
If there is interest, we'll also add options for people with bankruptcies on file.
The filer providing the testimony that filing for bankruptcy protection was not the end of the world also wrote these comments about her filing experience:
Many worry that they will not be able to pay themselves first while also paying off their debt; but what they haven't factored in, is that once you file a consumer proposal or bankruptcy, you are making a one time payment each month, for example $ 300, that is much lower than trying to pay the minimum payments at $ 700 a month.
Filing for bankruptcy also lowers your score a great deal.
Issuers will also cancel your rewards if you file for bankruptcy, receivership, reorganization, liquidation, dissolution, or insolvency.
If you do not want to file for bankruptcy, there are other options which can also help you to deal with your creditors.
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