Sentences with phrase «filed for bankruptcy so»

You're offering your creditors more than they would get if you filed for a bankruptcy so sometimes that takes a little while to sink in but I do see, especially of my senior citizen clients that are proud that they're doing a proposal, they're paying back what they can afford to pay back and they feel ethically that's the right way to do it.

My brother was getting hammered with the paycheck cuts so he filed for bankruptcy so they would stop.

This is most commonly held in a room with about 10 to 20 other people that are also filing for bankruptcy so that all of the cases can be quickly finished.

Keep in mind that most 401K proceeds are protected assets if you end up having to file for bankruptcy so you want to consider these options carefully.

They helped Lisa file for bankruptcy so she and Chloe could restart their lives.

Not exact matches

If Aéropostale does file for bankruptcy, it will only be the latest in a growing list of major retailers to do so.

Detroit has more than double the population of the Northern California community of Stockton, California, which until Detroit had been the largest U.S. city ever to file for bankruptcy when it did so in June 2012.

The federal bankruptcy court filing, which had been feared for months, conserves cash so the city can operate but it will hurt Detroit's image for years.

The biggest radio broadcaster in the US with nearly 850 radio stations, iHeartMedia, formerly called Clear Channel Communications — which was acquired by private equity firms Bain Capital and Thomas H. Lee Partners in a leveraged buyout at the apex of the LBO boom just before the Financial Crisis — has finally filed for Chapter 11 bankruptcy, after threatening to do so since 2010.

Deciding to spend money on a convention centre that depends so heavily on the revival of the automotive industry was obviously a tough call, given that two of the US car companies that used to be known as the Big Three filed for - then emerged from - bankruptcy last year.

(CMHC, the federal mortgage insurer, can only pursue you for the difference between the sale price and the insured price if the mortgage default occurred after the date of bankruptcy — but nobody in such a situation defaults after they file, so this never really happens.

So here I am, a 45 - year old pastor and community organizer, with two masters degrees and a Ph.D., married to a highly successful social worker with a masters of her own, up to my neck in the process of filing for bankruptcy.

Even tho Nasty Gal filed for bankruptcy now, the book's lessons and inspirational tidbits are still so important and ring so true.

So Borders filed for Chapter 11 Bankruptcy.

Plus, every author with even the slimmest chance of getting rights reverted have been throwing buyback fees at EC so that they won't get caught up in bankruptcy court when / if (my opinion, when) EC files for bankruptcy.

So much that the famed Ann Arbor, Mich., bookseller is left with no other option but to file for bankruptcy, which is a clear indication of their financial woes having only worsened in recent times.

Debts may become so overwhelming that filing for bankruptcy can be a viable, even optimal, solution.

Sure, no problem, you look like a fine upstanding person so no need to check your history of on - time payments or whether you filed for bankruptcy last week.»

Sometimes it's best to file bankruptcy for Fred so that you only deal with one person, the bankruptcy trustee, on these issues.

You must talk with a credit counselor before filing for bankruptcy, so look for someone who can really explain the process and help you make the right decision.

For that reason, most good bankruptcy attorneys will make sure that you move your accounts to which you owe no funds so that you do not file bankruptcy and have your checking account frozen and all of the money that you would have going to pay bills that month disappear.

So while you generally don't file bankruptcy for your company, it's value, profit, and existence will still be highly relevant to your own bankruptcy case.

So, it may come with great surprise that there is a debt solution out there that many people are utilizing to settle their unsecured debt without feeling like they've been backed into a corner and forced into filing for bankruptcy.

People also can file for Chapter 13 bankruptcy if they have the ability to repay most of their debts, and they do so on a 3 - to 5 - year plan.

I am not an attorney, so I can not comment about whether or not you should file for bankruptcy.

Prior to my stroke I was almost about to file for bankruptcy but couldn't make the final decision to do so; had I known the future I would have done so for sure.

We've analyzed the numbers for our clients across Ontario, and we've found that almost one third of my clients, people who have so much debt that they have no choice but to file a consumer proposal or bankruptcy, owe almost $ 3,500 on not just one but over 3 payday loans when they file with us.

You can file bankruptcy so long as, in the previous 180 days, you haven't had a bankruptcy petition dismissed in court for failing to appear.

Once you file for bankruptcy protection from your creditors any excess income over that listed in your initial budget filed with the court MUST be paid to the Chapter 13 Trustee so that he or she may pay your unsecured creditors off.

So be careful of repaying your uncle, sister, brother, mother, father or friend in the one year period before filing for a bankruptcy.

We can prepare, file, and serve an Answer on your behalf so that it will give you additional time to evaluate the option of filing for bankruptcy or possible debt settlement.

When a person files for bankruptcy protection, he or she does so individually.

So don't put off filing for bankruptcy.

So Chris, I think you probably just kept me out of bankruptcy because I'd decided I would rather file for bankruptcy than let them jack me around.

Creditors are calling trying to collect the money you owe and you can't pay, so you decide to file for bankruptcy.

She says inmates who try to file for bankruptcy do so because a spouse on the outside can't keep up with the bills.

So, it is not unusual to get questions about building your credit after a debtor has had to file for bankruptcy protection.

I can not possibly repay it, filing bankruptcy to discharge it is virtually impossible, so I have believed for many years that there was nothing I could do to resolve the problem.

If you're ready to explore your options, schedule a no - charge meeting with one of our trustees so we can sit down with you and determine if filing an Ontario bankruptcy is the right solution for you.

Ted Michalos and Doug Hoyes both agree that the federal government should change the rules for RESPs to make them similar to the RRSP rules, so that most Canadians could keep most of the money they have saved for their children's education, even if they file bankruptcy.

So for a bankruptcy debtor who is separated and / or going through a divorce, the homestead is available for that person even if he or she has moved out of the home they own, provided that the other spouse, or the debtor's children are living in the home at the time the case is filed.

I filed for Chapter 7 bankruptcy in 1993 so I know how good it feels to finally have that negative information removed from your credit file.

When you file for bankruptcy, the day you file is treated like the end of your tax year so that in the year you file bankruptcy you actually have to file two different tax returns.

So, that's part of the complication and those monthly reports are probably the most difficult thing for people to do actually after deciding to file bankruptcy because every month you've got to keep track of where your money goes.

If your income is higher than the average income for your state, you can not file a Chapter 7 bankruptcy, so that decision is made for you.

Many people will search for help in consolidating debts as a way to avoid filing bankruptcy and often fall into the trap of committing to a higher interest rate debt consolidation loan because the only financial institutions that will qualify you will typically charge you a higher rate of interest for doing so.

So long as you qualify for the bankruptcy chapter under which you file, most consumer bankruptcies filed with the help of an attorney are discharged — and you'll pay pennies on the dollar for your debt.

There are other approaches, so please read our special report on How to Get Out of Debt Fast Without Filing Bankruptcy today for more information.

The second argument is that BP's brand and reputation have been so tarnished, or the rumors about BP filing for bankruptcy have so spooked folks, that drivers will shun BP's gas stations and BP's counterparties won't do business with BP or demand onerous terms like cash prepayment.

So you've decided to file for bankruptcy.