Sentences with phrase «because federal bankruptcy»

This is because the federal Bankruptcy and Insolvency Act provides for an exception to the general rule that an order for discharge releases a bankrupt from all previous debts.

It would be difficult in any event because federal bankruptcy law makes it nearly impossible to discharge student loan debts.

Not exact matches

The bankruptcy scheme involved assertions Harris made in U.S. Bankruptcy Court in which she claimed she was receiving $ 1,200 a month in financial assistance from the landlord that she falsely claimed she was paying $ 1,550 a month in rent because her home had been damaged in the hurricane, federal authoribankruptcy scheme involved assertions Harris made in U.S. Bankruptcy Court in which she claimed she was receiving $ 1,200 a month in financial assistance from the landlord that she falsely claimed she was paying $ 1,550 a month in rent because her home had been damaged in the hurricane, federal authoriBankruptcy Court in which she claimed she was receiving $ 1,200 a month in financial assistance from the landlord that she falsely claimed she was paying $ 1,550 a month in rent because her home had been damaged in the hurricane, federal authorities said.

Because there is no way a car like the Cadillac CTS - V station wagon could have been endorsed by the federal functionaries who signed off on GM's bankruptcy plan.

It's difficult to compare debt settlement or debt consolidation vs. bankruptcy, because many state and federal laws that apply to bankruptcy don't apply to the other two forms of debt relief.

A consumer proposal is regulated by because it can only be filed with a Trustee in Bankruptcy, who is licensed by the federal government.

Truth: Federal law makes it illegal for anyone to discriminate against you because of bankruptcy.

Because private student loans are subject to special treatment in the event of a personal bankruptcy, students may not incur a total debt in excess of the cost of attendance, taking into account scholarships, fellowships, federal loans and private loans.

Just because a school was accredited, they must also have offered Title IV federal loans or the private loans may not be protected from discharge in bankruptcy.

So, the Bankruptcy and Insolvency Act does include income tax debts or tax related debts, because it's Federal law.

Federal loans are difficult to discharge in bankruptcy because of the discharge test and how Judges choose to interpret it.

Student loan debt is particularly dangerous, because it usually can not be removed through bankruptcy, and defaulting on federal student loans can result in garnishments of federal benefits, including Social Security.

Liquidation bankruptcies are called «Chapter 7» and reorganization bankruptcies are known as «Chapter 13» (because of the section of federal law these are found in).

THE FAILURE TO APPEAR AT COURT PROCEEDINGS MISTAKE: If there's a collection case pending against you in state or federal court, don't assume that you can avoid the court process simply because you've decided to file bankruptcy.

Doug Hoyes: And that's because bankruptcy law is federal law.

The reason for raiding your IRA under these circumstances is because an IRA is not exempted in a bankruptcy from an Internal Revenue Service levy as described by federal law.

Doug Hoyes: That's always the way it works, and that's because bankruptcy is a legal process, it's governed by Federal law and the Office of the Superintendent of Bankruptcy, which is a sub-section of Industry Canada, which is the Federal Government, they regulate everythbankruptcy is a legal process, it's governed by Federal law and the Office of the Superintendent of Bankruptcy, which is a sub-section of Industry Canada, which is the Federal Government, they regulate everythBankruptcy, which is a sub-section of Industry Canada, which is the Federal Government, they regulate everything we do.

In the vast majority of Chapter 7 or Chapter 13 bankruptcies, your home can not be sold to satisfy creditors because of the Homestead Exemption, a federal bankruptcy code provision that allows homeowners to remain in their homes [source: Bulkat].

Because new bankruptcy laws are complex, you need an attorney with an in - depth understanding on local, state, and federal levels.

Regardless of whether you work for the government or a private employer, federal law prohibits employers from firing an employee solely because they have decided to seek bankruptcy protection.

A federal bankruptcy judge said cases with pro se litigants are slow - moving because we care more about getting attention than about losing money, so we're loathe to settle our cases.

Because the restructuring and liquidation process can be contentious, with diverse constituencies competing for limited assets, clients benefit from our substantial litigation experience in state and federal court, including bankruptcy proceedings.

A federal appeals court has considered whether a bankruptcy trustee can void an Ohio mortgage because of the mortgage's failure to meet the state's requirement of two witnesses.