Sentences with phrase «file for bankruptcy protection because»

When you are collection proof, there is really no reason for you to file for bankruptcy protection because you have no assets to protect that a creditor with a judgment can get from you.

Not exact matches

Interfaith, which filed for bankruptcy protection and nearly closed, was an even thornier problem because of its location.

From time to time, questions from debtors worried about losing their job because they are being forced to file for bankruptcy protection will pop up on bankruptcy forum websites.

Even if you file for bankruptcy protection after the fact, levied property is not going to return to the bankruptcy estate because the asset was legally taken by law.

If that were the case, insurance companies could raise their premiums for any reason because no one really knows when they are going to be the next ones to have to file for bankruptcy protection.

If the company is not bankrupt, but closed its doors because it is insolvent and has not yet asked for protection from creditors under the Bankruptcy and Insolvency Act, the employee must recover unpaid wages via the Employment Standards Branch of their jurisdiction by filing a complaint.

Often times because they are in a panic to save their home a homeowner will file for bankruptcy protection without thinking of the consequences.

Supplier default refers to financial default as it is defined in our insurance policies and certificates: «A complete cessation of operations because of financial circumstances, with or without filing for bankruptcy protection.»