Sentences with phrase «assets during bankruptcy»

This type of financial product is exempt from assets during bankruptcy proceedings.

Before you increase your retirement account contributions or transfer all of your money to a trust in order to protect your assets during bankruptcy, realize that you can't make these moves if you are already deep in debt.

Church of Scientology attorney Steven Hayes bought rights to the Cult Awareness Network assets during its bankruptcy proceedings.

Technically, when you reaffirm an asset during bankruptcy proceedings, you are giving the creditor a waiver on bankruptcy discharge.

Not exact matches

During the 15-1/2 - month bankruptcy process, the city's historic collection at the Detroit Institute of Arts (DIA) came into play as a potential pot of assets to satisfy creditors.

Digital First, a Denver company that owns dozens of newspapers including nine serving the greater Los Angeles area, had been thought to be interested in acquiring Freedom's assets since December when it was revealed in court that the company had offered a loan to help fund Freedom's operations during bankruptcy.

These costs are: Base Contribution Surplus Income Assets Lost During each month of bankruptcy, you are required to pay a base contribution.

In exchange for your debts being «discharged» you give up your assets and make a monthly payment during your bankruptcy.

During this time, the person in charge of your bankruptcy (known as the official receiver or trustee) may investigate your situation and deal with any assets you have.

Canadian Child Tax Benefits will continue to be received by you as normal during a personal bankruptcy as they are considered to be part of your income and not an asset like a tax refund.

During a bankruptcy, preferred stockholders receive first shot at the company's asset liquidation.

In general, the same holds true for other assets that you still owe money on during bankruptcy proceedings, such as your car.

During your free initial consultation, one of our friendly bankruptcy specialists will take a look at your assets and debts to see if filing for Chapter 7 bankruptcy is right for you.

In addition, Congress added another exception to the automatic stay provisions in 1994, requiring debtors with a secured loan on a single real estate asset to file a reasonable payment plan or make reasonable interest payments based on the fair market rate on the value of the creditor's real estate during the bankruptcy proceedings.

Inheritances received, or due to you, because of the death of someone during bankruptcy become an asset of the bankruptcy.

During your consultation, your bankruptcy lawyer may also ask you to answer a few personal questions or have you fill out an intake sheet to collect specific information about your debts, assets and your financial goals.

A bankruptcy lawyer will likely begin by asking very personal questions concerning your assets, debts and your short and long - term financial goals during this meeting.

A Florida bankruptcy lawyer will likely begin your consultation by asking very personal questions concerning your assets, debts and your short and long - term financial goals during this meeting.

Vehicles are one type of asset the court can address during Chapter 13 bankruptcy, but a dismissal won't...

Mr. Coyle states, «During bankruptcy the debtor (the person or entity defaulting) is required by the court to demonstrate the worth of their assets.