Sentences with phrase «bankruptcy after a chapter»

It is possible to file a Chapter 13 bankruptcy after a Chapter 7 is completed, allowing you to seek a reduction in whatever debts remain from a Chapter 7 discharge.

Not exact matches

April 24 - Toys» R» Us will set aside about $ 156 million to pay vendors for toys and merchandise shipped after the U.S. retailer's Chapter 11 bankruptcy filing last September, a lawyer for the company said on Tuesday.
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
Earlier this month, Remington Outdoor, a major manufacturer of firearms, filed for Chapter 11 bankruptcy protection after an extended sales slide.
That comes after Toys «R» Us, once dubbed a «category killer,» filed for Chapter 11 bankruptcy protection in a Richmond, Va. court Monday.
Manufacturer Suniva petitioned the ITC in April 2017, nine days after the company sought Chapter 11 bankruptcy protection, arguing that an influx of cheap panels made it impossible for it to compete.
NEW YORK, N.Y. — The company that once offered to sell you eight CDs for 1 cent has filed for Chapter 11 bankruptcy protection after almost 20 years of falling sales.
Toys «R» Us generates roughly 40 percent of total revenues in the fourth quarter, and industry experts have expressed concern over the big - box retailer's ability to retain vendors and customers after its Chapter 11 bankruptcy filing on Sept. 19.
Industry experts have expressed concern over the big - box retailer's ability to retain vendors and customers after its Chapter 11 bankruptcy filing on Sept. 19.
WILMINGTON, Del., March 26 - A U.S. bankruptcy judge approved Philadelphia Energy Solutions» plan for Chapter 11 bankruptcy in a Delaware court on Monday, after a series of objections to the plan were withdrawn.
March 26 - U.S. gunmaker Remington Outdoor Co has obtained commitments for nearly $ 300 million from its existing lenders, including some of the biggest U.S. banks, after new sources of funding dried up in the months leading up to its filing for Chapter 11 bankruptcy.
March 26 (Reuters)- U.S. gunmaker Remington Outdoor Co has obtained commitments for nearly $ 300 million from its existing lenders, including some of the biggest U.S. banks, after new sources of funding dried up in the months leading up to its filing for Chapter 11 bankruptcy.
The biggest radio broadcaster in the US with nearly 850 radio stations, iHeartMedia, formerly called Clear Channel Communications — which was acquired by private equity firms Bain Capital and Thomas H. Lee Partners in a leveraged buyout at the apex of the LBO boom just before the Financial Crisis — has finally filed for Chapter 11 bankruptcy, after threatening to do so since 2010.
A version of this article appears in print on 02/06/2015, on page B3 of the NewYork edition with the headline: After a Deal to Sell Some Stores, RadioShack Files for Chapter 11 Bankruptcy.
Earlier this decade, Boire was CEO of Brookstone, a retailer that filed for Chapter 11 bankruptcy after he left.
The 2018 global corporate default tally increased to 28 this week after New York City - based consumer products company Nine West Holdings Inc. defaulted after filing for Chapter 11 bankruptcy protection.
The decline has been dubbed the «Trump slump» and led to Remington Outdoor Co. filing for Chapter 11 bankruptcy on Sunday, a day after hundreds of thousands of people worldwide took to the streets protesting gun violence.
Fade out: After a last - ditch effort to sell itself failed, Weinstein Co. filed for Chapter 11 bankruptcy, and it wasn't a pretty picture.
Freedom filed for Chapter 11 bankruptcy protection Sunday after suffering more than $ 40 million in losses over the last two years under new ownership.
Credit counseling — some lenders treat credit counseling as they would a Chapter 13 bankruptcy, requiring a waiting period after completion before they'll approve a mortgage.
After the Franklin Trust decision, Congress stepped in and passed the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA) legislation on June 30, 2016, to allow Puerto Rico to restructure without filing for Chapter 9 bankruptcy.
Debtor - in - Possession (DIP) Financing - Financing provided to a borrower after a chapter 11 (reorganization) bankruptcy filing.
I thought about that prediction after learning that the Crystal Cathedral megachurch in California filed for Chapter 11 bankruptcy after its leaders disclosed the church is close to $ 50 million in debt.
Remington Arms made the announcement less than two months after filing for Chapter 11 bankruptcy.
The company filed late Thursday to enter Chapter 7 bankruptcy in a widely expected decision after the firm had already started similar proceedings in United Kingdom courts.»
Plus, Tamara Mellon receives court approval after filing for Chapter 11 bankruptcy protection for her namesake line last week.
PR NEWSWIRE - Dec 23 - FriendFinder Networks has announced a plan of reorganization that takes effect three months after the company filed for Chapter 11 bankruptcy protection.
The ASBCS began an intent to revoke StarShine's charter on March 20, 2018, after notice under Chapter 11 bankruptcy proceedings of failure to make payments and possible fraud by the United States Trustee in the Department of Justice (StarShine declared bankruptcy in February 2016).
This is good for the auto business, of course, coming just six years after General Motors and Chrysler filed Chapter 11 bankruptcy reorganizations and some five years after Ford Motor Company sold off all its high - profit - margin Premier Automotive Group brands except for Lincoln.
Henderson, who had expressed his willingness to take GM through a Section 363, Chapter 11, bankruptcy, was fired in December 2009, after just nine months in the position.
They have just filed for Chapter 11 bankruptcy after deciding to close and sell - off its loss - making sapphire facilitates.
4) Borders files for protection from creditors under Chapter 11 of the federal Bankruptcy Code 5) The final chapter of Stephen Baker's Final Jeopardy! finally arrives on my Kindle, late in the day on the day after IBM's Watson gave a digital thumpin'to the best human Jeopardy players on the Chapter 11 of the federal Bankruptcy Code 5) The final chapter of Stephen Baker's Final Jeopardy! finally arrives on my Kindle, late in the day on the day after IBM's Watson gave a digital thumpin'to the best human Jeopardy players on the chapter of Stephen Baker's Final Jeopardy! finally arrives on my Kindle, late in the day on the day after IBM's Watson gave a digital thumpin'to the best human Jeopardy players on the planet.
Earlier this decade, Boire was CEO of Brookstone, a retailer that filed for Chapter 11 bankruptcy after he left.
You may not file under any chapter if within the preceding 180 days you had a prior bankruptcy petition dismissed due to your willful failure to appear before the court or comply with court orders, or was voluntarily dismissed after creditors sought relief from the bankruptcy court to recover property on which they hold liens.
Here are general guidelines for how long a borrower must wait to obtain financing after a Chapter 7 Bankruptcy.
After completing a Chapter 7 bankruptcy, your debts will be wiped so you won't have any debt payments to make.
With re-established credit, applicants who are still paying on a Chapter 13 bankruptcy filing are eligible after one year and those who filed Chapter 7 are eligible after two 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 forBankruptcy — 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 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.
Under Chapter 7, the wages you earn after you file for bankruptcy are generally not considered part of your bankruptcy estate.
An income driven repayment plan like the Income Based Repayment, Income Contingent Repayment or Pay As You Earn is a good tool that should be strongly considered after taking a close look at a Chapter 7 bankruptcy filing in order to clear away other unsecured debts to make the regular student loan payment affordable.
If your chapter 13 bankruptcy is 2 - years after discharge date and you have good re-established credit, you may now qualify for an standard conforming loan.
If your chapter 7 bankruptcy is 2 - years after discharge date and you have good re-established credit, you may now qualify for a VA loan.
Sure, Chapter 7 bankruptcy isn't great for your credit score and will appear as a public record for 10 years after filing.
If you want to save your home even after filing chapter 7 bankruptcy, then you need to file a reaffirmation agreement.
You could have a home in Cleveland worth $ 450,000, but if you are underwater with a mortgage balance of $ 600,000, there is no equity and therefore nothing for the bankruptcy trustee to come after in the event you file for Chapter 7 protection.
Yes, you may switch chapters after filing for bankruptcy given that you meet the eligibility requirements of the new chapter you are switching to.
For Chapter 13 bankruptcy, the period is shorter showing up to 7 years after you complete the 3 -5-year repayment plan.
In the past, purchasing a car after filing a Chapter 7 bankruptcy was not an option for most borrowers.
A: Generally a Chapter 7 bankruptcy discharge is received 60 days after the 341 meeting of creditors.
So, if your car's value is below the exemption amount, it's yours to have after a Chapter 7 bankruptcy.
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