Sentences with phrase «bankruptcy cases filed»

Unfortunately, the Chapter 13 bankruptcy judges have noticed an upsetting trend among the mortgage servicers and foreclosure - executing companies involved in Chapter 13 bankruptcy cases filed by struggling homeowners.

A follow - up study of bankruptcy cases filed between 2002 and 2006 found similar trends.

More than 63 % of the 819,159 bankruptcy cases filed in 2016, were Chapter 7.

High income bankruptcy cases filed in the bankruptcy court in Rochester NY are always scrutinized very carefully, and I am fully familiar with the challenges faced by these debtors (see the Kornfield case, described below.)

One explanation for the apparent rise in lawsuits is that many loan holders are now able to sue because bankruptcy cases filed by borrowers around the recession have been resolved, said N. James Turner, a lawyer in Orlando, Florida.

The minute a bankruptcy cases filed, an injunction called the automatic stay is issued, which prohibits creditors from trying to collect on debts that were included in the bankruptcy.

Unemployment, divorce, work injury, illness, and other unforeseeable events are usually the superseding intervening causes of most bankruptcy cases filed today.

For Chapter 13 bankruptcy cases filed after October 6, 2005, your tax returns for the previous four years of the bankruptcy filing must have been filed before you can file bankruptcy.

There were 844,495 bankruptcy cases filed in 2015, and 97 % of them (819,760) were filed by individuals.

You're looking forward to receiving a big tax refund check, and you're also working hard to get your bankruptcy case filed.

Secondly, for two years prior to the application the applicant can not have had a bankruptcy case filed.

As a Colorado Springs Bankruptcy Attorney I regularly meet with people who lack the necessary funds to even pay the $ 306.00 filing fee required to get their Chapter 7 bankruptcy case filed.

Not exact matches

Gawker Media founder and CEO Nick Denton will file for personal bankruptcy protection as early as Monday after losing a fight in a Florida court for a shield against a judgment in a breach of privacy case involving professional wrestler Hulk Hogan, according to a person familiar with the matter.

Broadcasters weren't happy, the company got sued, and ultimately Aereo lost the case in the Supreme Court and filed for bankruptcy.

NEW DELHI / MUMBAI, Feb 27 - A company owned by Nirav Modi, the billionaire jeweler at the heart of a $ 2 billion fraud case in India, has filed for bankruptcy in a New York court, as investigators stepped up their investigation into a case that has stunned the country.

So this may well be a case where the company emerges alive from bankruptcy only to file again a few years later, possibly liquidation.

Before filing bankruptcy, you must complete a pre-filing credit counseling session; also you must complete a Debtor Education course before your bankruptcy case is discharged (both are mandated by U.S. bankruptcy code).

The bankruptcy filing stayed all creditors» actions against Kratz, though, freezing the case.

In some cases, those mistaken impressions can prevent people from seeking the relief that a bankruptcy filing is designed to provide.

A look at a budget filed with the court shows that in addition to the mundane cost of keeping the lights on at an office and paying healthcare costs, roughly half of this money will go to the ongoing legal costs of both the company's bankruptcy proceedings and its work on the Section 201 case.

While it was not immediately clear just how much of Puerto Rico's $ 70 billion of debt would be included in the bankruptcy filing, the case is set to dwarf Detroit's insolvency in 2013.

Democratic research and public records show that Mangelli filed for bankruptcy in 2007, closed the case that same year, but reopened it in 2008 to negotiate new terms for an outstanding student loan.

The measure — which enjoys support from majority lawmakers in the Assembly and Senate — seeks to require anyone who has field a civil case in asbestos related illness complaints to file bankruptcy claims within 45 days.

The majority of the cost of filing for bankruptcy comes in the form of attorney fees for a bankruptcy lawyer who will handle your case with the court.

Governor Bruce Rauner's recent pension bill would allow Chicago and other municipalities to file for bankruptcy, a mechanism which would allow the city to start over, restructure its past debt, and reform its pensions plans (but even in this case, there would be obstacles around when Chicago could actually file because of the way the city reports its debt).

Best - case scenario for the authors would be a competing publisher buying the rights and reverting them to the authors, which I believe Siren did after Triskelion filed for bankruptcy.

If B&N gave up on the ebook market, they would be giving up on the future of books, in which case they might as well just file for bankruptcy now, because in the long run, paper books are dead weight.

Last year found several top daily newspapers filing for bankruptcy protection, ceasing their home delivery services, or (in the case of the Christian Science Monitor) moving from a daily print publication to a mostly Web - based entity.

The stay begins automatically and immediately upon the filing of a bankruptcy case.

This is the case even if your ex-spouse files for bankruptcy and he or she agreed to (or was ordered to) pay down the debt.

You must receive budget and credit counseling from an approved credit counseling agency within 180 days before your bankruptcy case is filed.

The reason being that federal law protects retirement accounts from creditors in the event you file for bankruptcy (up to $ 1 million dollars in the case of IRAs).

If, under the standards in the law, the consumer is found to have a certain amount left over that could be paid to unsecured creditors, the bankruptcy court may decide that the consumer can not file a chapter 7 case, unless there are special extenuating circumstances.

I provide debt relief solutions, including filing bankruptcy cases, for individuals and small businesses.

Although it may be possible for some people to file a bankruptcy case without an attorney, it is not a step to be taken lightly.

In this case, a bankruptcy attorney can help you in pre-filing preparation before you file bankruptcy.

So if they file a bankruptcy, the fewer creditors that file claims, the less the debtor has to pay back in chapter 13 plan payments or a chapter 7 buyback (a chapter 7 case which has assets that are unexempt).

The failure to timely file a properly issued credit counseling certificate will result in the dismissal of your bankruptcy case.

Short version: You may file your bankruptcy case in the judicial district where any of those four things were located for the last 180 days.

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.

However, many attempt filing bankruptcy on their own and do not succeed and find their cases dismissed.

First, I believe that in almost every case it DOES NOT MAKE SENSE to cash out a retirement account to pay off debt unless you're absolutely sure that you will never file bankruptcy.

They will tell you your lawyer messed up by not filing the reaffirmation agreement (that's not true), and that you should reopen the bankruptcy case to have the reaffirmation agreement filed (that won't be allowed in most jurisdictions).

When you file bankruptcy the bankruptcy laws provide an immediate court injunction of the case file that stops your creditors from taking any action to collect a debt.

The case begins with the filing of a bankruptcy petition and additional documents called «schedules.»

Since your initial appointment with the attorney may be several months before you actually file your case, we want you to plan for your bankruptcy by adjusting your payroll deductions to avoid having the trustee take your refund.

In some cases, filing for bankruptcy is the best option for the consumer.

In other cases, you can lose your home or cars to your bankruptcy filing.

You CAN NOT discharge your student loan debt by filing bankruptcy as a whole, but there are cases where it can happen.

I don't have any special insider knowledge of Anthony Simmons» bankruptcy case, but after reading the news release about his guilty plea, I read the court file.