Sentences with phrase «federal bankruptcy code»

Federal Bankruptcy Code likes to play the odds — Chapter 7, Chapter 9, Chapter 11 and Chapter 13 are the biggies.
But, the federal bankruptcy code, like the constitution itself, is a living, breathing document — able to be amended like it has been 27 times before.
This possibility raises the question of whether we should amend the Federal Bankruptcy Code to allow states to file for relief under Chapter 9, like municipalities, counties and other subsidiary governmental entities can already do.
4) Borders files for protection from creditors under Chapter 11 of the federal Bankruptcy Code 5) The final chapter of Stephen Baker's Final Jeopardy! finally arrives on my Kindle, late in the day on the day after IBM's Watson gave a digital thumpin'to the best human Jeopardy players on the planet.
At The Ballard Law Group, our priority is to help you resolve your financial challenges by helping you exercise your options under the federal bankruptcy code.
So in Minnesota, debtors have to choose between using state law or the federal bankruptcy code to protect property.
But there's hope even in bankruptcy, and Chapter 13 of the federal bankruptcy code offers the closest thing to a soft landing.
I've been going on - and - on about a July 7th, 2015 statement put out by the U.S. Department of Education that talked about how the government has made allowances to approve the discharge of federal student loan debt through bankruptcy, in some situations; namely, under the «Undue Hardship» clause of the Federal Bankruptcy Code, under the exception rule commonly known as 11 U.S.C. ยง 523 (a)(8).
But Powell's remarks last month is the first time a senior federal official has candidly admitted that he can not explain why the Federal Bankruptcy Code makes it very difficult for overburdened college debtors to discharge their student loans through bankruptcy.
Chapter 13 bankruptcy is mandated under the Federal Bankruptcy Code of the United States which governs all bankruptcy stipulations and actions.
Chapter 13 bankruptcy gets its name from the chapter of the federal bankruptcy code.
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].
Non-dischargeable debt is outlined in the federal bankruptcy code and is the same for all states.
The federal Bankruptcy Code deals with different types of debt in different ways.
Part of what makes student loan debt so pervasive is its distinctive treatment by the federal Bankruptcy Code.
United States Trustees supervise the administration of the following cases filed under the Federal Bankruptcy Code:
When the Mansfield, Mass., company Innovative Spinal Technologies went belly up last month and filed for protection under Chapter 7 of the federal bankruptcy code, it listed among its assets nine cadavers, reports The Sun Chronicle, a newspaper in Attleboro, Mass..
A pro se debtor is responsible for all proceedings in his bankruptcy case, and failure to comply with the federal bankruptcy code and rules may result in dismissal of the petition.
With emerging changes in bankruptcy law and a sweeping economic crisis, it is more important than ever to understand your rights and options under the federal Bankruptcy Code.
The U.S. Supreme Court has ruled in Clark v. Rameker that the money in an inherited IRA does not qualify for the protection from creditors as provided in the Federal Bankruptcy Code.
Kepple filed suit, claiming that her dismissal was due solely to her unpaid debts, a violation of the federal Bankruptcy Code.
A salesperson filed suit against her brokerage, claiming that her dismissal was due solely to her unpaid debts, a violation of the federal Bankruptcy Code.
While Saad may have violated his fiduciary and contractual obligations under Michigan law, said the court, Abdel - Hak's arguments did not support the nondischargeability requirement for the federal bankruptcy code.
Under Chapter 7 of the federal Bankruptcy Code, all of the debtor's nonexempt assets (each state provides that some assets are exempt from the federal Bankruptcy Code) are liquidated by the trustee and distributed to creditors.
In 2000, the Licensee filed a chapter 7 bankruptcy under the federal bankruptcy code.
Sunrise Suites Hotel & Casino and RV Park («Properties») filed a Chapter 11 business reorganization under the federal Bankruptcy Code.
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