Sentences with phrase «based bankruptcy trustees»

As Licensed Insolvency Trustees, Sands & Associates are experts in bankruptcy and debt consolidation — and we file more Consumer Proposals each year than any other BC - based bankruptcy trustee.

Not exact matches

AUSTRALIAN Business Research has launched live, web based access to the Insolvency & Trustee Service Australia's bankruptcy searches.

Black, who is based in Montreal, reached an agreement with court - appointed bankruptcy trustee William Leberman earlier this year to buy the property after local scrap dealer Adam Weitsman pulled out of a deal to buy it.

Dividend: The percentage of claims that will get paid to general unsecured creditors by a bankruptcy trustee on a pro rata basis.

Under the Chapter 7, the bankruptcy court orders an appointed case trustee to sell your properties and distribute the proceeds to your creditors based on the priorities established in the Code.

Since the actual amount you will need to pay and the number of months you will be bankrupt vary on a case - by - case basis, contact a Bankruptcy Canada trustee for a personalized calculation.

It is important to understand that the requirement to pay surplus income to the bankruptcy trustee is based on your average income over many months, so an increase in income in one month may not lead to surplus income.

However, for the 30,000 low income Canadians who file a bankruptcy each year, who have no assets to sell or whose wages are too require an income based payment, a trustee asks for fees up front in the form of a «fee guarantee» and are paid over and above any money collected in a debtor's estate realization such as an income tax refund.

Based on rules implemented by the federal government, if your surplus income each month is greater than $ 200 (meaning you are paying the bankruptcy trustee more than $ 100 per month in surplus income payments), your bankruptcy is automatically extended.

In September 2011, H was made bankrupt and his trustee in bankruptcy issued an application challenging (inter alia) the trust deed and the consent order on the basis that these constituted transactions defrauding creditors (s 423 of IA) or a transaction at an undervalue against s 339.

A week later, the second case Mr Mark Sands (as Trustee in Bankruptcy of Mr Tarlochan Singh) v Mr Tarlochan Singh & Others [2016] EWHC 636 (Ch), [2016] All ER (D) 209 (Mar) revisited (along with other matters) the issue of whether a sealed financial order and a consequential deed of trust dealing in the former matrimonial home could be set aside on the basis that it was either a transaction at an undervalue for the purposes of s 339 of IA 1986.

Vanessa acts for a wide client base including lenders (mainstream, second - tier and alternative finance), insolvency practitioners (whether as Liquidator, Administrator, Supervisor, or Trustee in Bankruptcy), receivers (fixed charge and LPA), directors, creditors and private individuals.

The trustee brought an adversary proceeding against Ihejirika and his companies, alleging that the Web - based program had acted as a «bankruptcy petition preparer» in violation of the law and had engaged in the unauthorized practice of law.

You may want to contact a Bankruptcy Trustee or Consumer Proposal Administrator who will help assess the debt issues to determine the best course of action for each individual based on their income situation after the separation.

Nov. 2, 2012)(unpublished decision)(granting summary judgment dismissing individual plaintiff from suit on basis of judicial estoppel but allowing bankruptcy trustee to intervene on behalf of plaintiff's creditors).