Sentences with phrase «bankruptcy because»

If a borrower went through a bankruptcy because his or her company had financial difficulties due to downsizing or merger resulting in job loss, that means one thing to a lender.

For example, if you went through a bankruptcy because your employer had financial difficulties, a lender may be more sympathetic.

We can finance companies that are start - ups, losing money, or in bankruptcy because accounts... [Read More...]

You shouldn't get to file bankruptcy because you were financially irresponsible especially while working.

My attorney was concerned that it would drag out while we petitioned to get out of the bankruptcy because we didn't want money, just possession.

When the case is over, you will probably have to declare bankruptcy because the definition of victory for a shark is that you have $ 2, your spouse gets $ 1 and the lawyers get the rest.

Quite a few have even found themselves filing for bankruptcy because they could not cover the debts of their deceased parents.

If HMRC can cause a tax payer to face bankruptcy because of their gross incompetence they must be forced to take responsibility and to be accountable for their mistakes like anyone else.»

Some of them have been put on verge of bankruptcy because of the increased rent and were forced to seek remedies in courts.

Many people looking to stop foreclosure or avoid repossession file Chapter 13 bankruptcy because it allows them to catch up past due payments over a period of three to five years while keeping current payments up to date.

Chapter 13 bankruptcy is also known as «reorganization» bankruptcy because it allows filers to reorganize their debts in order to get current on past - due balances.

Secured loans, such as a mortgage, can not be discharged in bankruptcy because the lien survives the discharge.

Many people are reluctant to file bankruptcy because they do not understand the process.

The other type of personal bankruptcy, Chapter 13 bankruptcy, is often referred to as «reorganization» bankruptcy because it gives filers time to catch up on their debts.

Many people are hesitant to file bankruptcy because they are concerned about losing their assets, including a car or home.

You would probably have to go bankrupt and some or all of the damages award against you might survive bankruptcy because your copyright violation was an intentional act.

We allow individuals and corporations to file for bankruptcy because as a society, we value risk - taking.

In fact, many people turn to debt relief options like bankruptcy because of a temporary, unexpected setback.

Disadvantages to Bankruptcy: Many people wish to avoid bankruptcy because of the social stigma perceived to be associated with «going bankrupt» even though it is perfectly legal.

Heller wasn't able to buy it prior to filing for bankruptcy because its accounts had been frozen.

Meanwhile, veterinary pricing is driving hobby breeders to bankruptcy because we do not qualify for pet insurance.

We have many different types of bankruptcy because the law recognizes that there are many different types of debt problems.

Woodbridge, VA: I am 28 years old and I am thinking about filing bankruptcy because a couple of years ago I got into trouble and was unable to pay my debts.

I don't want to file bankruptcy because I do not want to get behind in my payments any more than necessary.

Chapter 7 bankruptcy is sometimes called «liquidation» bankruptcy because it cancels your debts in exchange for allowing the bankruptcy court liquidate (sell) some of your property for the benefit of your creditors.

«I've seen kids who are 25 years old who are declaring bankruptcy because they've rammed up credit cards,» Rosentreter says.

This is the most popular form of bankruptcy because it allows you to wipe the slate clean and get a fresh start.

So many people are now filing for bankruptcy because they have also depleted their emergency funds and retirement accounts.

Another word of warning — if you end up in Court at the end of your bankruptcy because you fail to perform your duties properly, the Court may very well order you to make additional payments to your creditors equal to the monthly amount you were able to save during the bankruptcy.

Many homeowners consider debt settlement rather than filing a bankruptcy because the credit rebounds quicker with debt settlement than it would with a chapter 7 bankruptcy.

Tax debt is the most tricky debt to deal with in bankruptcy because there are so many rules in place that must be followed in order to determine whether tax debt can be discharged in a chapter 7 bankruptcy.

You will still want to file bankruptcy because most creditors will pursue the deficiency balance from you.

So often times that client is going to opt for bankruptcy because typically they're low income and they're not able to pay much more than just what a minimum fee bankruptcy would cost which is usually about $ 200 a month over a period of nine months but the odd time the consumer really wants to do a proposal, the age range is pretty dramatic.

In a third, ECMC lawyers told a judge that a cancer survivor with massive unexpected medical bills shouldn't be eligible to have her student debt discharged in bankruptcy because she was young and «survival rates for younger patients tend to be higher.»

We are actually considering filing bankruptcy because we are in a major hole that keeps getting bigger each month

The Penas contended the loans were dischargeable in bankruptcy because payment of them would impose an undue hardship within the meaning of 11 U.S.C. § 523 (a)(8)(B).

People are often very hesitant to find out about debt options, such as bankruptcy because they fear that they will be stripped of all their assets.

So, you need to check the urgency of your financial needs before you find yourself having to file for bankruptcy because of lack of financial control.

People that are judgment proof may not need to file bankruptcy because creditors can't touch their assets are from social security, pension plans, 401 (k) retirement savings, disability benefits, veterans benefits, alimony or support payments.

It is less harmful than a Chapter 7 bankruptcy because you keep your assets, and it may allow you to catch up on your mortgage payments.

Afterall, credit repair you're considering business bankruptcy because you simply don't have enough of money — not to accrue more debt to carry into the future.

Even those with health insurance were forced to file bankruptcy because health insurance did not cover all medical bills incurred from prolonged illnesses or catastrophic medical emergencies.

Kate and Matt Moloney gambled were labelled Australia's property investors of the year in 2012 but are now facing bankruptcy because they are unable to repay a $ 5.8 million loan

When Jane filed bankruptcy because she had lost her job and could no longer pay the bills she had accumulated while she was employed, she vowed to never have another credit card in her name again.

Banks do cancel credit cards automatically when they learn cardholders have filed for bankruptcy — even if the account with that bank was not affected by the bankruptcy because it had a zero balance.

I did not want to file for bankruptcy because prior to this, I had been good at paying my bills on time.

Biden asserted that he was concerned about the financial pressures of student debt, noting that students «declare bankruptcy because they run up tens of thousands of dollars in loans to go to college.»

If a bill collector threatens a wage garnishment or if a wage garnishment actually starts, many people decide they have no choice but to seek the protection of a consumer proposal or a bankruptcy because a bankruptcy or consumer proposal filing immediately stops most types of wage garnishment.

Now I have to file bankruptcy because of this.

I have $ 27,000 in student loans, that were never included on the bankruptcy because I was told that the Bankruptcy courts did not discharge student loans.