Sentences with phrase «approved by the bankruptcy»

Instead of wiping out your debt chapter 13 allows you to make your creditors comply with a debt repayment plan approved by the bankruptcy judge.

On the other hand, if there is a reaffirmation agreement signed by the debtors and approved by the Bankruptcy Court, and the borrower / debtor makes timely payment, the loan will be reported to be in good standing.

The list of agencies approved by the bankruptcy system is very large and, in addition to the three Western New York agencies listed above, includes many out - of - state agencies where the counseling is done by phone or by Internet.

The claim can be paid through the liquidated proceeds collected for distribution to creditors or through a payment plan approved by the bankruptcy court.

The payments are based on your current income and must be approved by the Bankruptcy Court.

The $ 71.5 m (# 45m) settlement between Dewey & LeBoeuf's former partners and the defunct firm's estate has been approved by the bankruptcy judge overseeing the case, less than five months after the US firm's high - profile collapse.

Dewey & LeBoeuf's liquidation plan has been approved by the bankruptcy court judge overseeing the case, paving the way for repayment of millions of dollars owed to creditors of the collapsed firm.

Debtors who file Chapter 13 bankruptcy are required to create and propose a debt repayment plan to be approved by the bankruptcy court.

In Chapter 13 bankruptcy, the debtor enters into a 3 - 5 year debt repayment plan to be proposed and approved by the bankruptcy court.

Claims approved by the bankruptcy trustee total more than $ 400 million.

It's not a done deal just yet as the agreement must first be approved by a bankruptcy court.

To avoid asset sales, General Growth would need to get its creditors to agree to restructured or reduced debt and have its plan approved by the bankruptcy court.

Not exact matches

Bon - Ton did not immediately respond to Business Insider's request for comment on the store closures but announced in a press release Wednesday that the liquidation firms» bid had been approved by the US Bankruptcy Court for the District of Delaware.

If approved by a federal judge, the bankruptcy would force Detroit's thousands of creditors into negotiations with Orr to resolve an estimated $ 18.5 billion in debt.

On Nov. 18 a Delaware bankruptcy court and the NHL approved the purchase of the Texas team by Tom Gaglardi who, back in 2004, attempted to buy a half - share in the Canucks in partnership with two other Vancouver businessmen, Ryan Beedie and Francesco Aquilini.

Energy Future's board favored Sempra's bid after it also offered assurances it could get its acquisition of Oncor approved by Public Utility Commission of Texas, as well as a U.S. bankruptcy judge, the sources said.

The sale still has to be approved by U.S. Bankruptcy Court Judge Stuart M. Bernstein at a hearing later this week.

By asking a bankruptcy court judge to approve the hiring of a liquidation consultant and procedures it has established to close underperforming stores, Tops is showing that it is serious about shutting some of its poorly performing stores.

On the other hand, according to the Measures for the Administration of Securities Investor Protection Fund 《 證券投資者保護基金管理辦法 》, the functions of China Securities Investor Protection Fund (CSIPF, 中國投資者保護基金) include «indemnifying creditors as required by China's relevant policies in case a securities company is subjected to compulsory regulatory measures including dissolution, closure, bankruptcy and administrative takeover by China Securities Regulatory Commission (CSRC) and custodian operation» or «other functions approved by the State Council».

LA Times: Crystal Cathedral: Judge approves sale to Diocese of Orange A bankruptcy judge chose the Roman Catholic Diocese of Orange as the buyer of the Crystal Cathedral for $ 57.5 million after an emotional hearing in Santa Ana on Thursday night, despite pleas by congregants and others that the 56 - year - old ministry stay where it is.

In October, a federal bankruptcy judge approved the reorganization of CSN Houston, the failed network jointly owned by Comcast, the Rockets and MLB's Houston Astros that was unable to gain widespread coverage.

Atlantic City could face default as early as April without «drastic action» from the state, Moody's Investors Service warned, saying the city would run out of money in the next few weeks, which could lead to bankruptcy, if two measures are not approved by lawmakers.

The claims process is part of a settlement agreement previously approved in the U.S. Bankruptcy court in Wilmington, Delaware and supported by Attorney General Eric Schneiderman, 23 other states, and the District of Columbia.

But as the price of Gleevec climbed — from $ 26,000 a year when it was approved in 2001 to $ 146,000 by 2016 — Havel struggled to pay for treatment and basic necessities like groceries, eventually filing for bankruptcy.

«Bankruptcy code exists to help the organization get out of financial trouble,» the governor told an approving crowd at an event organized by The Chicago Public Education Fund.

Despite having most of the decade to develop the ’20 Escalade — the «all - new» 2015 model was more an evolutionary update of the» 07, hobbled by General Motors» 2009 bankruptcy — it is rumored that company brass approved ditching the solid rear axle on its most profitable model late in the program.

Saab says that bankruptcy protection will allow it to restructure the business and get the lines working again, although the company's funding agreements with Pang Da and Youngman have yet to be approved by the Chinese government.

Before you file a bankruptcy case, you are required by the new law to have a one - on - one session with a government - approved credit counselor who will help you find other options besides filing bankruptcy.

Navicore Solutions is approved by the Department of Justice's US Trustee Program to provide the credit counseling and debtor education required for anyone filing for personal bankruptcy.

GreenPath is approved by the U.S. Department of Justice to provide the bankruptcy counseling required to file Chapter 7 or 13.

But if your bad credit was originated by defaults or bankruptcy, chances are you will not be able to get approved unless you can provide a co-signer with a good credit score willing to take your place in case you can not afford the monthly payments.

With a 720 - plus score and a record free of bankruptcies, foreclosures and vehicle repossessions, you are likely to be approved by most lenders and enjoy the lowest available interest rate.

Bankruptcy Counseling: Approved by the Executive Office for United States Trustees (EOUST) to provide credit counseling services and issue certificates in compliance with the bankruBankruptcy Counseling: Approved by the Executive Office for United States Trustees (EOUST) to provide credit counseling services and issue certificates in compliance with the bankruptcybankruptcy code.

American Consumer Credit Counseling Inc. is approved by the EOUST to issue Pre-petition Bankruptcy Counseling Certificates in compliance with the bankruBankruptcy Counseling Certificates in compliance with the bankruptcybankruptcy code.

I've been going on - and - on about a July 7th, 2015 statement put out by the U.S. Department of Education that talked about how the government has made allowances to approve the discharge of federal student loan debt through bankruptcy, in some situations; namely, under the «Undue Hardship» clause of the Federal Bankruptcy Code, under the exception rule commonly known as 11 U.S.C. § 5bankruptcy, in some situations; namely, under the «Undue Hardship» clause of the Federal Bankruptcy Code, under the exception rule commonly known as 11 U.S.C. § 5Bankruptcy Code, under the exception rule commonly known as 11 U.S.C. § 523 (a)(8).

However we can provide services as approved by the Federal Bankruptcy Trustee's office for credit counseling as provided in the Bankruptcy Abuse, Prevention and Consumer Protection Act of 2005.

Founded in 2005, Start Fresh Today's platform has been used to help families by providing Pre-Filing Credit Counseling and Post-Filing Debtor Education by EOUST - Approved Agencies and to support attorneys by streamlining the bankruptcy process.

Approved by the Executive Office or United States Trustees (EOUST) to provide credit counseling services and issue certificates in compliance with the bankruptcy code.

The House Judiciary Subcommittee on Commercial and Administrative Law took the first steps in reversing language in the 2005 bankruptcy law related to private student loan debt by approving on a 6 - 3 party line vote H.R. 5043, the Private Student... Continue reading →

The class must be offered by an organization approved by the U.S. Trustee Program, except in Alabama and North Carolina, where the bankruptcy administrator approves an agency.

For example, if you owe $ 12,000 on your car, but it's only worth $ 9,000, you can opt to surrender the vehicle during the bankruptcy proceedings, as approved by the court.

We are approved to provide reverse mortgage (HECM) counseling by the Massachusetts Executive Office of Elder Affairs, we offer foreclosure intervention services to residents of MA and CT and provide bankruptcy related credit counseling services.

You can find a state - by - state list of government - approved organizations at the U.S. Trustee Program, the organization within the U.S. Department of Justice that supervises bankruptcy cases and trustees.

Approved money advisers have been authorised by the Accountant in Bankruptcy (AiB) to apply for debt payment programmes through DAS.

Filed Under: Saving Tagged With: Bankruptcy, Business, Hypocrisy, Kiyosaki, Real Estate, Rich Dad, Robert Kiyosaki, Saving Editorial Disclaimer: Opinions expressed here are author's alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.

The House Judiciary Subcommittee on Commercial and Administrative Law took the first steps in reversing language in the 2005 bankruptcy law related to private student loan debt by approving on a 6 - 3 party line vote H.R. 5043, the Private Student Loan Bankruptcy Faibankruptcy law related to private student loan debt by approving on a 6 - 3 party line vote H.R. 5043, the Private Student Loan Bankruptcy FaiBankruptcy Fairness Act.

Non-profit Consumer Education Services, Inc. (CESI) is approved by the Executive Office of U.S. Trustees to issue certificates in compliance with the Bankruptcy Code.

Professor Iuliano has also demonstrated in a prior paper that even student loans covered by the bankruptcy discharge exception can still be discharged based on showing «undue hardship,» and that courts are far more likely to approve undue hardship discharges than many debtors (and lawyers) may realize.

In addition to mandatory credit counseling before bankruptcy, you must also complete a debtor education course by an approved counselor to have your debts discharged.

Among the new requirements introduced by the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, were the requirements that every debtor seeking to file for bankruptcy protection complete the pre-filing bankruptcy debtor credit counseling course offered by numerous new US Trustee - approved course Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, were the requirements that every debtor seeking to file for bankruptcy protection complete the pre-filing bankruptcy debtor credit counseling course offered by numerous new US Trustee - approved course bankruptcy protection complete the pre-filing bankruptcy debtor credit counseling course offered by numerous new US Trustee - approved course bankruptcy debtor credit counseling course offered by numerous new US Trustee - approved course providers.