Sentences with phrase «bankruptcy ruling makes»

Matters like a recent divorce, a recent move or especially a bankruptcy ruling makes offering something like a home loan for people with bad credit a major risk.

Not exact matches

As was reported last month, Mark Karpelès, the former CEO of collapsed bitcoin exchange Mt. Gox, could make serious money from the exchange's bankruptcy, thanks to the skyrocketing value of bitcoin and Japan's bankruptcy rules.
But Glen Ellyn Park District officials so far have declined the offer, instead waiting for U.S. Bankruptcy Court Judge Ronald Barliant to make his ruling.
I have not checked to see if Vantage or their sister companies have filed (they would presumably file in a federal district for their area in Great Barrington, Mass.) A bankruptcy attorney in that area could better answer your question about those publishing contracts as bankruptcy estate assets that a Trustee would «recall» (or «garner for the bankruptcy estate) under a preference rule and make a part of Vantage's «bankruptcy estate» for the benefit of creditors.
The trustee will make sure that all debts, after priority debt, are paid in order according to bankruptcy code rules.
However, changing the rules around bankruptcy and student loan debt could seriously disrupt the marketplace for student loans - making it more difficult and more expensive for borrowers to get a loan.
If South Carolina legislators make rulings leading to severe financial difficulties for SCG — or even bankruptcy — Dominion says it will cancel the deal.
Ted Michalos and Doug Hoyes both agree that the federal government should change the rules for RESPs to make them similar to the RRSP rules, so that most Canadians could keep most of the money they have saved for their children's education, even if they file bankruptcy.
I've been going on - and - on about a July 7th, 2015 statement put out by the U.S. Department of Education that talked about how the government has made allowances to approve the discharge of federal student loan debt through bankruptcy, in some situations; namely, under the «Undue Hardship» clause of the Federal Bankruptcy Code, under the exception rule commonly known as 11 U.S.C. § 5bankruptcy, in some situations; namely, under the «Undue Hardship» clause of the Federal Bankruptcy Code, under the exception rule commonly known as 11 U.S.C. § 5Bankruptcy Code, under the exception rule commonly known as 11 U.S.C. § 523 (a)(8).
Since government loans are already excepted from discharge in bankruptcy, this would make private student loans subject to many of the same rules as other personal loans.
Bankruptcy laws, changed in 2005, made stricter rules for who can file a Chapter 7 bankruptcy, the simplest form of bankruptcy that requires a liquidation of yoBankruptcy laws, changed in 2005, made stricter rules for who can file a Chapter 7 bankruptcy, the simplest form of bankruptcy that requires a liquidation of yobankruptcy, the simplest form of bankruptcy that requires a liquidation of yobankruptcy that requires a liquidation of your assets.
Objections to your bankruptcy must be raised and discussed about this point, and your presiding judge will make any rulings as necessary.
This assessment is focused helping you look at your financial situation to determine if bankruptcy makes sense and then, only if it does, your trustee will explanation the rules and regulations that are associated with the bankruptcy process.
The Judicial Conference Advisory Committees on Bankruptcy and Civil Rules published a set of proposed amendments to the Federal Rules of Bankruptcy Procedure this summer that could modify how parties to a bankruptcy give notice of an adversary proceeding, how debtors give notice of a Chapter 13 plan, and how creditors make oBankruptcy and Civil Rules published a set of proposed amendments to the Federal Rules of Bankruptcy Procedure this summer that could modify how parties to a bankruptcy give notice of an adversary proceeding, how debtors give notice of a Chapter 13 plan, and how creditors make oBankruptcy Procedure this summer that could modify how parties to a bankruptcy give notice of an adversary proceeding, how debtors give notice of a Chapter 13 plan, and how creditors make obankruptcy give notice of an adversary proceeding, how debtors give notice of a Chapter 13 plan, and how creditors make objections.
Only an experienced bankruptcy attorney should attempt to make that determination, as the rules can become quite complex depending on the individual case.
A story that's been making the rounds this week (Lawyerist — > Legal Blog Watch — > ABAJournal — > @davidtsfraser) deserves to be passed along one more step: U.S. Bankruptcy Judge Robert Kressel got fed up with the way lawyers wrote the proposed orders submitted to him, so he sent a memo to the whole bankruptcy bar setting out his rules for doingBankruptcy Judge Robert Kressel got fed up with the way lawyers wrote the proposed orders submitted to him, so he sent a memo to the whole bankruptcy bar setting out his rules for doingbankruptcy bar setting out his rules for doing it right.
Bankruptcy is governed by federal laws that make the general rules and process relatively the same from one state to the next.
Last week the Supreme Court of Canada made an important family law ruling relating to the interplay between a spouse's right to equalization on the one hand, and her partner's bankruptcy on the other.
A recent Wechat article analyzes a 2015 SPC ruling that requires the bankruptcy administrator to perform the purchase and sale contract where payment has been made in full.
(1) The applicable Rules of Court may make provision for a bankrupt who becomes a party to a proceeding for an application under section 74, 78, 79 or 79A to give notice of the application to the bankruptcy trustee.
A recent ruling in the General Growth Properties bankruptcy case has rattled lenders as some fear it might make it easier for real estate owners to bend bankruptcy rules at the expense of their financiers.
While the court agreed that it is possible the Purchaser could claim that the Seller was estopped from claiming title defects which would have prevented the closing when it had misrepresented the status of the title in the purchase agreement, the court ruled that the bankruptcy court had failed to make sufficient findings of fact in support of this ruling and so reversed the equitable estoppel ruling, sending the case back to the trial court for further proceedings.
The bankruptcy court had ruled that the Seller's statement in the purchase contract that Parque was the seller of the property was false and the Seller knew it was false at that time it was made.
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