Sentences with phrase «by filing a bankruptcy case»

Many times, I am able to stop the harassment by filing a bankruptcy case for my client.

Not exact matches

NEW DELHI / MUMBAI, Feb 27 - A company owned by Nirav Modi, the billionaire jeweler at the heart of a $ 2 billion fraud case in India, has filed for bankruptcy in a New York court, as investigators stepped up their investigation into a case that has stunned the country.

Before filing bankruptcy, you must complete a pre-filing credit counseling session; also you must complete a Debtor Education course before your bankruptcy case is discharged (both are mandated by U.S. bankruptcy code).

There were 844,495 bankruptcy cases filed in 2015, and 97 % of them (819,760) were filed by individuals.

Before you file a bankruptcy case, you are required by the new law to have a one - on - one session with a government - approved credit counselor who will help you find other options besides filing bankruptcy.

They will tell you your lawyer messed up by not filing the reaffirmation agreement (that's not true), and that you should reopen the bankruptcy case to have the reaffirmation agreement filed (that won't be allowed in most jurisdictions).

Since your initial appointment with the attorney may be several months before you actually file your case, we want you to plan for your bankruptcy by adjusting your payroll deductions to avoid having the trustee take your refund.

You CAN NOT discharge your student loan debt by filing bankruptcy as a whole, but there are cases where it can happen.

Filing bankruptcy — an act in which a debtor starts a bankruptcy case and obtains the protection of the automatic stay by filing a petition and certain other documents with a bankruptcy Filing bankruptcy — an act in which a debtor starts a bankruptcy case and obtains the protection of the automatic stay by filing a petition and certain other documents with a bankruptcy filing a petition and certain other documents with a bankruptcy court.

However, a recent case from Wisconsin reminds us that even the mighty IRS is prohibited from contacting a debtor who has discharged taxes by filing for bankruptcy.

Exemption laws have been enacted by every state as well as the federal government to protect the property of debtors against the claims of judgment creditors and, once a bankruptcy case is filed, the trustee.

Although National Bankruptcy Forum is designed as a comprehensive resource for consumers looking for basic bankruptcy information, we strongly advise you to not use Google or this site to just go ahead and file your case by yourself — ask a bankruptcy lawyeBankruptcy Forum is designed as a comprehensive resource for consumers looking for basic bankruptcy information, we strongly advise you to not use Google or this site to just go ahead and file your case by yourself — ask a bankruptcy lawyebankruptcy information, we strongly advise you to not use Google or this site to just go ahead and file your case by yourself — ask a bankruptcy lawyebankruptcy lawyer instead.

The ability to file bankruptcy is established by federal law, and all bankruptcy cases are handled in federal court.

The location will be determined by where in North Carolina you file your bankruptcy case.

When you file a bankruptcy case by yourself, you are held to the same standards as an attorney.

That's because, when your bankruptcy case is filed all property leaves your ownership and is owned by an estate.

We Pledge to ensure that the filing of a new bankruptcy case by our office will legally stop all creditor collection activity, including foreclosures, repossessions, court proceedings (other than criminal prosecutions), garnishments (other than domestic support obligations), threats, creditor calls, collection letters, and general creditor harassment.

In some cases a consumer proposal is a better option than a second bankruptcy, since by filing a proposal you have certainty over what you will be required to contribute during the process.

While the U.S. Department of Education has made a history in the last few decades by taking the stand that student debtors who file for bankruptcy be required to agree to some form of income - based repayment plan, a recent case has poked a big hole in that hot air balloon defense!

«How to File for Chapter 7 Bankruptcy» is a Nolo best - selling book that teaches you how to successfully complete a bankruptcy case on your own by showing yBankruptcy» is a Nolo best - selling book that teaches you how to successfully complete a bankruptcy case on your own by showing ybankruptcy case on your own by showing you how to:

One explanation for the apparent rise in lawsuits is that many loan holders are now able to sue because bankruptcy cases filed by borrowers around the recession have been resolved, said N. James Turner, a lawyer in Orlando, Florida.

If the debt is secured by anything other than a motor vehicle, then it must have been incurred more than one year before the bankruptcy case is filed.

High income bankruptcy cases filed in the bankruptcy court in Rochester NY are always scrutinized very carefully, and I am fully familiar with the challenges faced by these debtors (see the Kornfield case, described below.)

Since there are basically only two bankruptcies most individuals file, a Chapter 7 or a Chapter 13, you must meet certain standards established by law in order to change your mind about filing in either case.

In case of a foreclosure, however, government regulations may prevent applicants from getting a mortgage ever again therefore, whether you should file for bankruptcy or not is a question better answered by a professional credit repair services firm.

Also, it might be a good thing to remember that 81 % of the cases dismissed under the new Bankruptcy Code established in 2005 were filed by debtors who did so without an attorney.

Chapter 7 is the most common consumer debt bankruptcy filing - in a chapter 7 case, a case trustee is assigned to collect any Non-exempt Assets or recover avoidable payments by the debtor and turn the assets / payments into money to pay creditors.

To start, Adam explains that in most cases you do not lose your lease or financed car just by filing bankruptcy.

Other cases involve people being sued by the state who file for bankruptcy and other deferments.

In any regards, it is up to the person who files a petition to the bankruptcy court to provide the burden of proof by bankruptcy law for why the discharged case should be reopen.

The above - mentioned if received after your bankruptcy case is filed is at risk of being liquidated by the Trustee if received within 180 days of filing.

If financial hardship has forced you to look at personal bankruptcy protection, mpowered provides both courses required by the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act: the Credit Counseling session before you file and the Debtor Education course before your case is dbankruptcy protection, mpowered provides both courses required by the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act: the Credit Counseling session before you file and the Debtor Education course before your case is dBankruptcy Abuse Prevention and Consumer Protection Act: the Credit Counseling session before you file and the Debtor Education course before your case is discharged.

Failing to review the Proof of Claim filed by your private student loan company may harm you not only in your bankruptcy case, but even after it's over because you'll be prevented from disputing the balance due and the ownership of the loan if the lender sues you in state court after bankruptcy.

In most cases, many of the assets held by the person declaring bankruptcy will be taken by the trustee and sold to pay off creditors, but there are some assets that are protected when filing for bankruptcy.

Most people filing Chapter 7 will retain all their property, but that is because they were advised by an experienced bankruptcy attorney who knows how to handle cases in Florida — one of the characteristics of a good lawyer is to not let you declare a Chapter 7 bankruptcy unless it is right for you.

This huge benefit is being wasted by the majority of people who file their chapter 13 bankruptcy case in Orlando or Jacksonville.

In most cases, it is entirely possible to completely stop the foreclosure process on mortgages by filing for either Chapter 7 bankruptcy or a Chapter 13 Repayment Plan.

Having a skilled MN Bankruptcy Attorney at your side throughout the bankruptcy process can considerably reduce the amount of time and effort involved in the filing process and in many cases hiring a lawyer can be more affordable than tackling such an undertaking by yourself when you consider the time and effort you will need to invest in your bankruptcy filing onBankruptcy Attorney at your side throughout the bankruptcy process can considerably reduce the amount of time and effort involved in the filing process and in many cases hiring a lawyer can be more affordable than tackling such an undertaking by yourself when you consider the time and effort you will need to invest in your bankruptcy filing onbankruptcy process can considerably reduce the amount of time and effort involved in the filing process and in many cases hiring a lawyer can be more affordable than tackling such an undertaking by yourself when you consider the time and effort you will need to invest in your bankruptcy filing onbankruptcy filing on your own.

Bankruptcy Filing Date (or Bankruptcy Petition Date)- The date a bankruptcy case is begun by, or against, a plan sponsor of a Single - EmplBankruptcy Filing Date (or Bankruptcy Petition Date)- The date a bankruptcy case is begun by, or against, a plan sponsor of a Single - EmplBankruptcy Petition Date)- The date a bankruptcy case is begun by, or against, a plan sponsor of a Single - Emplbankruptcy case is begun by, or against, a plan sponsor of a Single - Employer Plan.

During calendar year 2015, nearly 800,000 bankruptcy petitions were filed by individuals with debts that are predominantly consumer in nature («consumer cases»), 10 percent fewer than in 2014.

Current monthly income is defined in 11 U.S.C. § 101 (10A) as the monthly average of the income received by the debtor (and the debtor's spouse in a joint case) during a defined six - month time period prior to the filing of the bankruptcy case.

In Chapter 13 cases, a portion of the fee is paid up front prior to the filing of the case, with the balance paid out by the bankruptcy trustee from funds that my client pays for distribution to creditors.

Next, Jones Day collected $ 43.5 million in fees in the case filed by industrial aluminum products maker Kaiser Aluminum Corp. of Foothill Ranch, Calif.; Skadden, Arps, Slate, Meagher & Flom has so far asked the court for $ 34.8 million for the reorganization of New York - based international commodities broker Refco Inc., which officially emerged from bankruptcy during the last week of 2006; and New York's Weil, Gotshal & Manges requested $ 23.3 million to help reorganize Lancaster, Pa. - based floor products manufacturer Armstrong World Industries Inc..

An Idaho bankruptcy lawyer can help you determine whether filing bankruptcy could help you rise out of debt by providing you with bankruptcy information specific to your case.

These debts may be completely discharged and retired by filing a successful Chapter 7 bankruptcy case.

If the bankruptcy court suspects fraud in your filing, your bankruptcy case could be thrown out by the court and you could face serious criminal penalties.

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.

In most cases, when a person files Chapter 7 or Chapter 13 bankruptcy, the court issues an automatic stay order, which prohibits any further collection action by creditors.

Unfortunately, the Chapter 13 bankruptcy judges have noticed an upsetting trend among the mortgage servicers and foreclosure - executing companies involved in Chapter 13 bankruptcy cases filed by struggling homeowners.

Unrepresented litigants in need of representation in a previously filed Chapter 7 or Chapter 13 bankruptcy case are referred to the Pro Bono Project by the Court, Trustees, Bankruptcy Facilitator, and the U.S. Trusteebankruptcy case are referred to the Pro Bono Project by the Court, Trustees, Bankruptcy Facilitator, and the U.S. TrusteeBankruptcy Facilitator, and the U.S. Trustee's office.