Sentences with phrase «bankruptcy if you attempt»

You might think that you'll improve your chances of obtaining a bankruptcy if you attempt to pay off some of your debts before you file.

Not exact matches

If you're like me, you've probably tried typing «bankruptcy definition» into the search bar in an attempt to get a better grasp of what bankruptcy is.

However, some consumers attempt to get «more bang for their buck» by running up debts on credit cards if they plan to file for bankruptcy.

Talk to a bankruptcy lawyer if your attempts to negotiate credit payments have failed and you think filing bankruptcy may be the best option for you.

If attempts at budgeting or working out arrangements with creditors haven't produced a solution and you're on the brink of becoming destitute, declaring bankruptcy can work to eliminate most of your debts and allow you to start over again.

Worse yet, if you time it so that you make your surge in credit card purchases right before you file for bankruptcy, it'll most definitely be dismissed by the court, since it'll be obvious that you deliberately tried to add on more debt in an attempt to get it erased.

Over 20 people wrote to me and almost 100 journalists / media in an attempt to create «viral» coverage of the trial, and if nothing else, bring public attention to the travesty that was the bankruptcy process.

Specifically, if Mbank sued every unitholder to enforce the future payments, won, and filed involuntary petitions for bankruptcy against every single unitholder (after unsuccessfully attempting to levy the judgment against their assets) this would have been bad for the protagonist.

A bankruptcy attorney will make the Chapter 7 process much easier and it will be completed much faster than if you attempt it on your own.

For example, if you pay off a debt owed to a long - time business associate immediately prior to filing a bankruptcy, the trustee will sue that creditor in an attempt to collect the money that you paid.

As if to underscore that point, the committee representing unsecured creditors in the bankruptcy filed a tersely worded document with the bankruptcy court in Houston on Tuesday objecting to ATP's latest attempt to line up financing.

Any attempt to sell or give away assets before filing bankruptcy may be seen as bankruptcy fraud by the court, and if discovered can lead to your case being dismissed or even felony criminal charges.

The biggest thing is making sure you can qualify for life insurance with SBLI, so lets cover (in general) what SBLI will and won't insure: SBLI Underwriting Uninsurable medical scenarios with SBLI: • Aids / HIV + status • ALS (Amyotrophic Lateral Sclerosis) • Alzheimer's disease or dementia or significant cognitive impairments related to functionality • Cancer diagnosis within last 2 years • Chronic pain treatment, severe, receiving disability, narcotic use • Cirrhosis of the Liver • Congestive heart Failure • COPD / Emphysema or chronic bronchitis - Severe or with current nicotine use • Cystic Fibrosis • Defibrillator use • Depression, severe, recurrent or with multiple in - patient hospitalization history • Diabetes with co-morbidities that include significant cardiac disease, or impairment of renal function or mobility • Heart / Cardiac Disease - multiple vessels diagnosed within 2 years or any past history with current nicotine use • Muscular Dystrophy • Multiple Sclerosis, if symptoms progressing • Organ Transplants, in most scenarios • Quadriplegia • Pulmonary hypertension • Renal failure, Renal insufficiency - severe • Stroke within 1 year • Suicide attempt within 5 years • Surgical repair of heart valves, aneurysms, intracranial tumors, major organs within six months, including gastric bypass Uninsurable non-medical scenarios: • Marijuana use, 4 or more times weekly • Substance abuse / misuse within last 5 years • Criminal activity - any history within the last 10 years • DUI, more than 2 or under age 25 if within 1 year • Unemployed (other than homemakers or retired) with minimal household income or dependent on SSI / disability benefits • Bankruptcy filing within 2 years • Liens / Judgements - outstanding activity that exceeds $ 50K