Sentences with phrase «federal bankruptcy protection»

A U.S. judge heard closing arguments on March 27 in a trial to determine whether the California city of Stockton qualifies for federal bankruptcy protection.
DETROIT - Gov. Rick Snyder today authorized Detroit's emergency manager to seek federal bankruptcy protection for the city, saying it was the only viable option to provide the 700,000 people of Detroit with the public services they need and to restore the city.

Not exact matches

Cambridge Analytica said it has filed papers to begin insolvency proceedings in the U.K. and will seek bankruptcy protection in a federal court in New York.
Today, the Orange County Register's parent Freedom Communications Inc. said it would file for bankruptcy protection Monday, at the Ronald Reagan Federal Building and U.S. Courthouse in Santa Ana.
Cambridge Analytica said it has filed papers to begin insolvency proceedings in the U.K. and will seek bankruptcy protection in a federal court in New...
You will want to discuss all of your options with your attorney or tax advisor before taking action, especially if creditor protection is a concern for you, as the Supreme Court has ruled that Inherited IRAs are not protected under federal bankruptcy laws (although state law creditor protection of inherited IRAs still varies).
«We believe the federal treatment of Puerto Rico, when it comes to Medicaid, when it comes to bankruptcy protection, when it comes to tax treatment is unfair and abusive,» the governor said.
Serrano Urges Obama To Take Federal Action On Puerto Rico Debt Crisis Rep. Serrano reiterated the need for congressional action to extend Chapter 9 bankruptcy protections to Puerto -LSB-...]
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.
Bankruptcy is a process that allows an individual or business to eliminate or repay a portion of their debt, or at times all of their debt, under the protection of the United States federal bankrupBankruptcy is a process that allows an individual or business to eliminate or repay a portion of their debt, or at times all of their debt, under the protection of the United States federal bankruptcybankruptcy court.
Additionally, if the bankruptcy court finds that ITT violated its former students» rights under consumer protection or contract law, that could help make students eligible for federal student loan discharge through the borrower defense to repayment process.
Federal student loans must be repaid — even bankruptcy protection usually does not eliminate a student's responsibility to repay student loans.
A: Bankruptcy is a protection under federal law that allows a person to reorganize outstanding debts.
Individuals who face an overwhelming amount of consumer debt may have some recourse through bankruptcy protections made available through federal law.
The Constitution provided for our protection against those antiquated ways when it gave Congress the power to legislate bankruptcy law making the primary laws governing bankruptcy federal.
However we can provide services as approved by the Federal Bankruptcy Trustee's office for credit counseling as provided in the Bankruptcy Abuse, Prevention and Consumer Protection Act of 2005.
Since bankruptcy is backed by both federal and state laws, there is really no reason to view a bankruptcy protection as anything other than a tool used by our society to potentially help alleviate a bad financial situation between two parties.
Strategically, by using a combination of Bankruptcy, State, and Federal consumer protection laws, Doan Law Firm has developed and pioneered a program that allows homeowners to legally remain in their home for 8 - 18 months or even years after ending mortgage payments!
Bankruptcy is a federal court process designed to help consumers and businesses eliminate their debts or repay them under the protection of the bankrupBankruptcy is a federal court process designed to help consumers and businesses eliminate their debts or repay them under the protection of the bankruptcybankruptcy court.
Bankruptcy exemptions are legal statutes, either state or federal, which will protect a certain portion of your assets from unsecured creditors when you file for bankruptcy pBankruptcy exemptions are legal statutes, either state or federal, which will protect a certain portion of your assets from unsecured creditors when you file for bankruptcy pbankruptcy protection.
Bankruptcy is a federal law that establishes an orderly process to provide protection to debtors and fair treatment to creditors.
The latter call previewed Biden's more populist rhetoric as vice president — a position in which he has occasionally criticized credit card companies and has backed a federal study looking at whether to give those facing educational debt more bankruptcy protections.
But a provision slipped into federal law in 2005 effectively bars most Americans from accessing bankruptcy protections for their private student loans.
We need bankruptcy protections restored to student loans (both private and federal) to give us all a fresh start.
What if there was a shady side of the law that allowed federal bankruptcy court trustees to hide things from you for up to a year before you found out you lost your assets to your creditors after filing for bankruptcy protection?
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.
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 created federal protection for IRA accounts that had previously been protected through many sProtection Act of 2005 created federal protection for IRA accounts that had previously been protected through many sprotection for IRA accounts that had previously been protected through many state laws.
Today we learn that the FBI has raided their offices: «Federal agents executed a search warrant at the Northern California headquarters of solar panel manufacturer Solyndra Inc., which filed for bankruptcy protection this week despite receiving $ 535 million in federal stimulus loan guarFederal agents executed a search warrant at the Northern California headquarters of solar panel manufacturer Solyndra Inc., which filed for bankruptcy protection this week despite receiving $ 535 million in federal stimulus loan guarfederal stimulus loan guarantees.
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..
As reported by The Am Law Daily earlier this month, the firm picked up the debtors - side work for Massachusetts - based Beacon Power Corporation, which sought Chapter 11 protection in Delaware federal bankruptcy court in October.
He has extensive experience in all facets of creditor representation and protection in state, federal and federal bankruptcy courts.
His work this past week alone includes advising Lehman Brothers on its limited options prior to filing for Chapter 11 bankruptcy protection on Monday and counseling AIG in its $ 85 billion bailout by the Federal Reserve on Tuesday.
She has been with NLRG since 1990 and specializes in Bankruptcy, Creditors» Rights, Commercial Contracts, Church Law, and other issues involving commercial litigation and consumer protection issues, including issues arising under the U.C.C., Carmack Amendment disputes, employment contract disputes, and issues arising under federal and state consumer protection statutes.
Unless you are willing to become an expert on Dodd Frank, the Consumer Finance Protection Bureau, state homestead laws, state foreclosure laws relating to consumer loans and Federal Bankruptcy homestead protection, I would suggest investing only in notes secured by commercial or investment reProtection Bureau, state homestead laws, state foreclosure laws relating to consumer loans and Federal Bankruptcy homestead protection, I would suggest investing only in notes secured by commercial or investment reprotection, I would suggest investing only in notes secured by commercial or investment real estate.
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