Sentences with phrase «bankruptcy petition»
A bankruptcy petition is a legal document that someone or a company files with the court when they are unable to pay their debts. It is a formal request to ask the court to declare them bankrupt and provide them with financial relief. Full definition
With many years of experience in bankruptcy petition preparation, case management, and discharge services, our professionals have the required skills and knowledge to help your clients through the bankruptcy process.
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If you and your spouse have a large amount of marital debt, filing a joint bankruptcy petition may be a way to resolve those debts before the divorce process begins.
Couples often ask me if they should file separate bankruptcy petitions.
Today, over 70,000 successful bankruptcy petitions later, we remain just as committed to this work.
They can arrange for asset valuation, prepare inventories of assets and liabilities, open bankruptcy petitions, and answer creditor inquiries.
Figures showing increases in the number company winding up and bankruptcy petitions sought may be only the beginning of a pattern of acceleration.
This might be a kind of scary post, since I'll be telling you about a scary subject: BPP's, also known as Bankruptcy Petition Preparers.
According to the Law Offices of Jonathan B. Alper, P.L.C., married debtors can file a joint bankruptcy petition for a single filing fee, and most attorneys charge the same legal fee for joint cases as they do for individual cases.
Frankfort Digital Services Ltd. offered an online service that let the consumer prepare bankruptcy petitions.
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.
If a consumer files a bankruptcy, but a judge has not yet ruled that it can proceed, it is known as bankruptcy petitioned.
Winding up petitions / bankruptcy petitions including drafting, service, and attending the hearing of the petition
You are generally permitted to represent yourself in litigation in bankruptcy court, but only attorneys, not bankruptcy petition preparers, can give you legal advice.
Filed an involuntary bankruptcy petition against the client's debtor / borrower on behalf of the largest unsecured creditor
Aereo's bankruptcy petition shows it owes roughly $ 2 million to a list of creditors that include internet companies like [company] Level 3 [/ company] and [company] Google [/ company], as well as several law firms.
An individual also must receive credit counseling months before filing for Chapter 7 (with few exceptions), and can not file under Chapter 7 or any chapter if a prior bankruptcy petition recently was dismissed by the court or debtor.
The filing of a Chapter 7, 13 or 11 bankruptcy petition initiates an automatic «stay» which will immediately stop collections efforts by creditors, the enforcement of judgments, or foreclosure on real property.
Would you draft bankruptcy petitions at no cost if it would cause the client to pay you for post-petition services and give you the chance to handle all of the lucrative fee - shifting adversary proceedings that come out of the bankruptcy case?
Creditors of the operating unit, which runs 44 casinos, filed an involuntary bankruptcy petition in Delaware this week.
Transfer of Real Estate by Debtor More than One Year Before Filing Chapter 7 Bankruptcy Petition Does Not Bar Discharge of Debt, According to California Appellate Court, Los Angeles Bankruptcy Lawyer Blawg, January 9, 2015
Acted for debtor in contested bankruptcy petition who alleged that his identity had been stolen
As Deadline laid out in our exclusive this morning on the once high - flying Ryan Kavanaugh - run company's intention to sell its assets to a New York investor group, the voluntary bankruptcy petition is intended to... Read
Check out this document from the U.S. Department of Justice regarding Bankruptcy Petition Preparers.
In addition to filing the regular bankruptcy petition in court, you also have to file a separate case, called an adversary proceeding.
They need not, but may, hire an attorney to file their bankruptcy case, or they can, in some localities, hire the dreaded Bankruptcy Petition Preparer who is not an attorney.
According to reports, Vince Young filed the Chapter 11 bankruptcy petition last week in a federal bankruptcy court in Houston.
-LSB-...] Palmer, Newnan, GA Bankruptcy Attorney B = Business - Cathy Moran, Northern CA Bankruptcy Attorney B = Bankruptcy Petition Preparers - Robert Doig, Colorado Springs Bankruptcy Attorney B = Buy Low, Sell High - Bill Balena, Ohio Bankruptcy Attorney B = Business Bankruptcy - Christopher -LSB-...]
The Bankruptcy Reform Act of 1994 prevents the government from using a current or previous bankruptcy petition as the sole reason to deny a student grants or loans.
But between 1998 and 2004, bankruptcy petitions increased from just over 1 million to 1.6 million annually, according to FindLaw.
Bankruptcy Dismissed — A court order that denied one's bankruptcy petition making the debtor still liable for all debts.
Tamara's recent insolvency work includes, successfully setting aside and / or defending statutory demands and defending bankruptcy petitions including appeals of annulment applications; resisting the presentation of winding up petitions and obtaining indemnity costs on behalf of a number of corporate client.
In 1951, attorney Jack Prescott filed his first bankruptcy petition on behalf of a client.
It makes petition preparation faster and easier for experienced bankruptcy practitioners, lawyers handling a pro bono bankruptcy, or other bankruptcy petition preparers.
A few weeks after HCR ManorCare filed a pre-packaged bankruptcy petition, yet another one of its skilled nursing facilities has been sold.
Drafted all types of real estate related transactional documents assisted in filing bankruptcy petitions prepared litigation pleadings drafted and finalized client correspondence.
In this episode of Legal Bits, we highlight a group of Robin Hoods fending off the meter maid, the growth of pro se litigation in Canada, and one man's abuse of bankruptcy petitions to keep a house over his head.
Prepared bankruptcy petitions, lien strips and various legal documents and filed them through Pacer
Finally, at the bottom of the required notice, the potential client is again reminded they are allowed to represent themselves in case of litigation in their case, but that only attorneys, and not bankruptcy petition preparers may give them legal advice.
A debtor can not file under chapter 12 (or any other chapter) if during the preceding 180 days a prior bankruptcy petition was dismissed due to the debtor's willful failure to appear before the court or comply with orders of the court or was voluntarily dismissed after creditors sought relief from the bankruptcy court to recover property upon which they hold liens.
Basically, the the creditor receives a Settlement Demand to pick Option A or B. Option A is a Draft Bankruptcy Petition to show that the creditor would receive $ 0.00 if filed, and Option B is a Settlement Proposal.
Document preparation services also known as «bankruptcy petition preparers» or «paralegal services» involve non-lawyers who offer to prepare bankruptcy forms for a fee.
Last week, Italian law firm BonelliErede filed a bankruptcy petition on behalf of BitGrail creditor Espen Enger, who allegedly was in contact with several hundred victims.
Alco sold the SVCs to its customers, did not remit those payments to the SVC distributor, and was indebted more than $ 800,000 as of Alco's bankruptcy petition date.
This event is the latest blow for Parma who are well adrift of safety in Serie A — partly due to having been deducted one point earlier in the season — and have received a bankruptcy petition from the Italian government, due to an unpaid tax bill.