Sentences with phrase «faced by the bankruptcy»

It seems to occur when an alcoholic «hits bottom,» i.e., is faced by the bankruptcy of his old way of life.

Not exact matches

Once an administration order is granted you would be protected from any legal actions being taken by creditors and any interest charges would be frozen, so your company would have the opportunity to improve cash flow without facing the threat of bankruptcy or compulsory liquidation.

By April 2010, unnamed insiders disclosed to the media that the company was facing bankruptcy because it «has been unsuccessfully negotiating with some lenders to refinance its crippling debt.»

In a new edition of the New International Version of the Bible, «Game Plan for Life Bible, NIV: Notes by Joe Gibbs,» and a book of biblical devotions, «Game Plan for Life: Chalk Talks,» Gibbs writes frankly about many of his failures, about how just as his coaching career was soaring he was facing private calamities including a bad real estate deal that had him losing $ 35,000 a month and spiraling into bankruptcy.

The archdiocese filed for bankruptcy protection last year in the face of lawsuits from people who said they had been abused by its priests.

Hurricane Maria has left 3.4 million Puerto Ricans facing shortages of food, health care and transit, an American humanitarian crisis fueled by the US territory's May 2017 bankruptcy.

Atlantic City could face default as early as April without «drastic action» from the state, Moody's Investors Service warned, saying the city would run out of money in the next few weeks, which could lead to bankruptcy, if two measures are not approved by lawmakers.

So, by last weekend, Malloy — vowing to veto the plan that passed because it cuts UConn too deeply, leaves Hartford facing bankruptcy and doesn't add up on the revenue side — gathered with legislative leaders in emergency sessions to try to get this done, right?

The city's traditional public school district, Detroit Public Schools (DPS), could face bankruptcy by April.

Bankruptcy is, by definition, a difficult thing to face.

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.)

A transfer of property of a stately residence in the late 1800s, first by a wealthy businessman who was facing bankruptcy to the Governor of Vermont, and then the Governor transferred it to the University of Vermont, who still owns it today.

They do not have to follow as many tough rules as banks do meaning that they can offer loans to people facing bankruptcy proposals, poor credit scores, or consumer proposals, which are not, entertained by banks.

Clarifies current law's «undue hardship» exception to nondischargeability in bankruptcy as it applies to federal student loans by creating a rebuttable presumption that a debtor faces an «undue hardship» if the debtor is receiving disability benefits under the Social Security Act;

The risk factors identified by these models are similar to the types of behavior we see in people facing potential bankruptcy.

For over-indebtedness, I'll haircut my valuation by 100 % of the company's incremental debt (i.e. the debt reduction required to reduce interest expense to 15 % of EBITA)-- a clumsy but often effective measure of the operating / dilution / bankruptcy risks an investor faces with such a company.

The inability to discharge student loan debt in bankruptcy is only one of the many problems faced by debtors.

However, because of the advanced level of access we have to information via the internet, books, television and other media, most people who are facing financial problems will begin by researching bankruptcy.

The Arch funding is revealed just months after Alpha Natural Resources, another coal company facing bankruptcy, was identified by The Intercept as providing funding to a group closely connected to E&E Legal, the Free Market Law Clinic, as well as funding directly to E&E Legal's lawyer, Chris Horner.

If you are being harassed by bill collectors, are threatened with utility shutoffs, are facing foreclosure or you can't pay the minimums on your credit cards, it may be the time to consider the decision to file for bankruptcy.

Wells Fargo and Citigroup to face claims they violated federal law by falsely notifying of bankruptcies and foreclosures, Reuters

If you are being harassed by creditors or are facing wage garnishment, repossession or foreclosure, we can help you find out what bankruptcy can do for you.

With a diverse group of lawyers ranging from senior partners to junior associates — with significant experience in workouts, restructurings, enforcement of remedies and bankruptcy matters — as well as related real estate transactional matters of all kinds — the Sheppard Mullin CMBS default practice provides a full service approach to the challenges faced by its special servicer clients.

Our Bankruptcy & Creditors» Rights team draws upon the extensive experience available in other practices in the firm — such as securities, intellectual property, and tax — to deepen the legal support you receive to address the problems faced by a client.

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.

With chapters written by local experts from major jurisdictions worldwide, Equity Derivatives covers topics such as: regulatory authorities; market structure; categories and types of over-the-counter and exchange - traded equity derivatives; borrowing, selling, and repurchasing shares; risks facing dealers and counterparties; bankruptcy and insolvency rules; reporting obligations; insider trading regulations; taxation issues; and the design and issuance of structured products.

If you don't recognize or understand the risks you face, you are more vulnerable to financial disaster and even bankruptcy if your business is affected by one of these events.

However, companies that are not properly covered by a commercial insurance policy face many risks that can lead to business bankruptcy.

Omaha, Nebraska About Blog Samuel Turco is a native Nebraskan whose wealth of knowledge and experience in bankruptcy law, along with a rich understanding of the issues faced by those in all corners of the state, has been instrumental in building a bankruptcy law practice adept in always seeing things from the client's perspective Frequency about 1 post per month.

Omaha, Nebraska About Blog Samuel Turco is a native Nebraskan whose wealth of knowledge and experience in bankruptcy law, along with a rich understanding of the issues faced by those in all corners of the state, has been instrumental in building a bankruptcy law practice adept in always seeing things from the client's perspective Frequency about 1 post per month.

Meanwhile, at the time of its bankruptcy filing, Toys «R» Us was facing $ 7.9 billion in debt, most of it tied to its 2005 leveraged buyout by private equity firms KKR and Bain Capital and diversified REIT Vornado Realty Trust.

This is one of the tactics employed by those facing foreclosure; they declare bankruptcy at the very last minute before the foreclosure, and the automatic stay stops their foreclosure.