Sentences with phrase «by joint debtors»

Can a creditor double their money after a default by joint debtors?

Not exact matches

In September 1986, the US Congress Joint Economic Committee stated that «by sacrificing their sales and jobs so that debtor nations can fully meet all interest pavements, US exporters and workers have been subsidising the bad lending policies of US and other money centre banks.
For purposes of the means test, the U.S. Bankruptcy Code defines current monthly income as including: «any amount paid by any entity other than the debtor (or in a joint case the debtor and the debtor's spouse), on a regular basis for the household expenses of the debtor or the debtor's dependents (and in a joint case the debtor's spouse if not otherwise a dependent)...» Benefits received under the Social Security Act, payments to victims of war crimes or crimes against humanity on account of their status as victims of such crimes, and payments to victims of international terrorism or domestic terrorism on account of their status as victims of such terrorism are excluded from the means test.
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.
If the only asset owned by the judgement debtor is the joint tenancy property, then registration of the judgment against the interest of the debtor will not... Read more
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