Sentences with phrase «bankruptcy debt reorganization»
Chapter 11 Bankruptcy: This is a business bankruptcy debt reorganization.
http://www.myinvestmentsolution.com/ Not exact matches
The company, which is controlled by private equity firm Cerberus Capital Management, will shed some $ 700 million in debt in the prepackaged reorganization that will be filed soon with federal bankruptcy court in Wilmington, Del..
If it sounds like Mayor Luke Bronin is talking more boldly about a bankruptcy filing these days, it's because the numbers don't point to much hope of avoiding a reorganization of the city's debts and liabilities, either in or out of bankruptcy...
Chapter 13 Bankruptcy: This is a debt reorganization.
A Chapter 13 bankruptcy, also referred to as «reorganization», does not discharge your debts as a Chapter 7 Bankrubankruptcy, also referred to as «reorganization», does not discharge your debts as a Chapter 7 BankruptcyBankruptcy does.
Also known as a reorganization bankruptcy, it enables you to develop a three - to five - year repayment plan to satisfy all or just a portion of your debts.
Businesses advertising voluntary debt reorganization plans or «Chapter 13» relief may fail to explain that Chapter 13 debt adjustment actually is a form of bankruptcy.
Bankruptcy allows debt to be repaid through asset liquidation, a reorganization plan, and discharge.
A chapter 13 bankruptcy is for wage earners who make a reorganization plan of their existing disposable income to fund payments over a 3 or 5 years to pay off all or a part of their unsecured debts.
Chapter 13 bankruptcy is a reorganization of your debts.
A Chapter 13 bankruptcy is known as a «reorganization bankruptcy» and creates a court - supervised plan for debt repayment.
Whether it is through straight bankruptcy (Chapter 7 Bankruptcy) or through reorganization (Chapter 13 Bankruptcy), most or all of your debts can bbankruptcy (Chapter 7 Bankruptcy) or through reorganization (Chapter 13 Bankruptcy), most or all of your debts can bBankruptcy) or through reorganization (Chapter 13 Bankruptcy), most or all of your debts can bBankruptcy), most or all of your debts can be cleared.
It could be that pastors, more authorities on the bible than bankruptcy codes, do not necessarily understand the dynamics of chapter 11 bankruptcy which, more often than not, results in an administrative reorganization and creation of a debt repayment schedule jointly agreed upon by the church, creditors and the courts.
The Fund may invest in securities of issuers that are, or will be, involved in reorganizations, financial restructurings, or bankruptcy (also known as «distressed debt»).
Technically, yes, you can file for bankruptcy regardless of how little debt you owe, as there is not a legal minimum debt requirement in the bankruptcy law for either a Chapter 7 (i.e., debt liquidation) or Chapter 13 (i.e., debt reorganization) bankruptcy.
Businesses advertising voluntary debt reorganization plans may not explain that the plan is a bankruptcy filing, tell you everything that's involved, or help you through what can be a long and complex process.
Often this means the end of the company, however, even if they file for reorganization bankruptcy rather than a complete protection from debtors and any debts owed.
A chapter 13 bankruptcy is a reorganization plan that allows a debtor to take what disposable monthly income he has to pay back all or a portion of his or her debts over a period of either 3 or 5 years.
Chapter 13 bankruptcy, also known as debt reorganization, is the second most common type of bankruptcy for consumers.
A chapter 13 bankruptcy is a reorganization type bankruptcy for individuals designed to pay back all or a portion of unsecured debts over a 3 or 5 year plan.
Chapter 13 bankruptcy: This type of bankruptcy is often referred to as «reorganization», and it involves a repayment plan that sets forth with specificity the manner in which debtors will settle their debts over three to five years.
In New York, you can file under chapter 7 (also known as liquidation bankruptcy), chapter 9 (only for municipalities and governmental units), Chapter 12 (only for those who qualify as family farmers), chapter 13 (debt repayment chapter) and Chapter 11 (reorganization chapter available to businesses and individuals who have substantial assets or income).
Bankruptcy law involves the procedure or legal method by which a debtor is relieved of financial liability for its debts by establishing a court - approved reorganization plan or plan for partial repayment.
Chapter 13 bankruptcy, also known as «reorganization,» helps filers by allowing them to restructure their debts.
Our Creditor's Rights practice extends to the following areas of Chapter 11, 13, and 7 matters: debt workouts, cram - down litigation, litigation of a wide array of adversary proceedings including Automatic Stay violations, Petroleum Marketing Practices Act («PMPA») violations, collections, evictions, recovery of collateral, injunctions, Declaratory Judgments, and the representation of creditors and other interested parties such as stock holders, corporate officers, creditors» committees, landlords, and tenants in bankruptcy matters including creditor discharge litigation, objections to proposed plans of reorganization, and bankruptcy preference defense.
Chapter 13 bankruptcy, also known as «reorganization,» offers financial relief by giving people three - five years to catch up on debts by following a court - outlined repayment plan.
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.
Chapter 13 «reorganization» bankruptcy will order, combine and secure your debt, and may be able to reduce it.
Chapter 13 bankruptcy is commonly known as reorganization because it allows debts to be reordered, prioritized and then a payment plan is set up and protected by a judge.
If reorganization of debt is the answer to your financial problems, the attorneys at Susan M. Williams LLC can help you file for chapter 13 bankruptcy and guide you step by step through the process.
Chapter 13 bankruptcy is often called «reorganization» because it allows the court to order and secure your debts in a 3 - 5 year repayment plan.
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.
Columbus, who chaired his former firm's bankruptcy group, focuses his practice primarily on business reorganization matters and out - of - court debt restructurings in a wide range of matters for a diverse group of clients, including banks and other financial institutions, secured creditors, unsecured creditors, creditor committees, debtors, plan trustees and buyers of distressed assets.
Sometimes known as «reorganization,» Chapter 13 bankruptcy allows filers to reorganize their debts in a 3 - 5 year repayment plan.
Our corporate and commercial law practice engages our lawyers in a wide variety of financial and commercial matters including acquisitions, dispositions, mergers, arrangements, loan transactions, debt restructurings, financings, contractual arrangements, reorganizations and bankruptcies.
The bankruptcy system offers, for many, a safe haven to pursue either a fresh start or reorganization of their debt.
Lawyers in the group handle all aspects of insolvency, including restructuring, workouts, refinancing of debt, creditor - debtor litigation, reorganizations, and liquidations both in and outside of bankruptcy.
Modern bankruptcy laws in the U.S. (the Chandler Act of 1938) emphasize the reorganization of debts.
Mr. Nolan was a member of the senior management team that led GGP's reorganization and emergence from bankruptcy, which included the restructuring of $ 15.0 billion in project - level debt, payment in full of all of GGP's pre-petition creditors and the securing of $ 6.8 billion in equity commitments.
A Chapter 13 bankruptcy is known as a «reorganization bankruptcy» and creates a court - supervised plan for debt repayment.