Sentences with phrase «filed under the bankruptcy»

Filed under the Bankruptcy & Insolvency Act, a proposal is the only debt settlement program regulated by the federal government.
A consumer proposal is a legal consumer credit proposal filed under the Bankruptcy & Insolvency Act where you make an offer to your creditors to settle your debts for less than you owe.
This entry was posted on Wednesday, February 6th, 2008 at 2:46 pm and is filed under Bankruptcy, Credit, Credit Rating, Credit Repair, Credit Report, Credit Score, Credit Score, Debt, Debt Elimination, Debt Recovery, Foreclosure.
This entry was posted on Thursday, February 7th, 2008 at 10:38 pm and is filed under Bankruptcy, Credit, Credit Rating, Credit Repair, Credit Report, Credit Score, Credit Score, Debt, Debt Elimination, Debt Recovery, Foreclosure.
A legal agreement between a debtor and creditors to settle debts for less than the full amount owing filed under the Bankruptcy and Insolvency Act.
This entry was posted on Thursday, October 2nd, 2008 at 8:04 pm and is filed under Bankruptcy, Credit, Credit Rating, Credit Repair, Credit Report, Credit Score, Credit System, Debt, Debt Elimination, Debt Recovery, Debt Solutions, Fast Credit Repair, Financial, Foreclosure.
Because it is filed under the Bankruptcy and Insolvency Act, a consumer proposal still stops collection calls and all legal actions by your creditors.

Not exact matches

Although courts never ask people to declare why they're filing, many bankruptcy and legal experts agree that medical bills had been a leading cause of personal bankruptcy before public healthcare coverage expanded under the ACA.
The same day, of course, the firm issued a filing under Chapter 11 of the U.S. Bankruptcy Code that put an end to the expansion of its activities.
Until recently, the 34 - acre property was part of Tropicana Entertainment, a former division of U.S. billionaire Bill Yung?s hospitality empire, which filed to restructure under Chapter 11 provisions of the U.S. Bankruptcy Code in 2008.
May 1 (Reuters)- Gibson Brands Inc, the maker of guitars played by the likes of B.B. King and Elvis Presley, filed for Chapter 11 bankruptcy protection on Tuesday with a plan to reorganize its musical instrument business under the new ownership of its lenders.
York, Pennsylvania - based Bon - Ton, which traces its roots to 1854, had 23,000 employees and 256 stores across 23 states when it filed for Chapter 11 bankruptcy in February with the hope of cutting debt and emerging from a brutal retail landscape under a new owner.
With little warning, it filed for bankruptcy under Chapter 11, in the hope, Brandon said at the time, of emerging better than ever.
May 1 - Gibson Brands Inc, the maker of guitars played by the likes of B.B. King and Elvis Presley, filed for Chapter 11 bankruptcy protection on Tuesday with a plan to reorganize its musical instrument business under the new ownership of its lenders.
GT Advanced Technologies, which filed for Chapter 11 bankruptcy protection earlier this month, reached an agreement with Apple under which it will stop making sapphire materials.
The food - court fixture filed for bankruptcy protection in 2014 for the second time in three years after choking under too much debt and declining traffic at many U.S. malls.
The balance sheet restructuring will be effectuated through a pre-packaged joint plan of reorganization to be filed in the United States Bankruptcy Court for the District of Delaware in connection with the Company's filing of voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code.
The company that once dominated toy sales in the U.S. has been operating under bankruptcy protection since last fall, when it filed for Chapter 11 under the weight of $ 5 billion in debt.
The company, at the time of it bankruptcy filing, had about 1,700 stores globally, with about 800 in the US under the Toys «R» Us and Babies «R» Us brands.
Tops Markets filed for Chapter 11 bankruptcy on February 21, buckling under $ 1.2 billion in debt.
Snyder's decision allowed Detroit Emergency Manager Kevyn Orr to make a filing under Chapter 9 of the federal bankruptcy law.
Claire's Stores filed for Chapter 11 bankruptcy on March 19, suffocating under $ 1.9 billion in debt.
Having said that, the mall is in a serious predicament, as Sears continues to be that dead anchor store walking, but now there's the possibility of another anchor store going under, as my local Bergners department store is part of Bon Ton stores which filed for bankruptcy and is facing possible liquidation.
Puerto Rico is a US Territory, but neither Puerto Rico nor its subdivisions or agencies are eligible to file under Chapter 9 of the US Bankruptcy Code.
The discount retailer files for bankruptcy Sunday under the weight of more than $ 100 million of debt.
Freedom filed for Chapter 11 bankruptcy protection Sunday after suffering more than $ 40 million in losses over the last two years under new ownership.
Filed Under: Finance, Housing Bubble Tagged With: Bankruptcy, Builder, Finance, Housing Bubble, Listings Shortage, Modern Design, Toronto, Vacancy Rate
Since student debt is not typically included under bankruptcy filing, you may need to enlist a student loan lawyer.
And unlike Detroit, which was able to file under Chapter 9 of the U.S. bankruptcy code, there's no court process under which Puerto Rico can restructure its debts — unless Congress changes the law.
(One part of the problem is that because of its peculiar status, Puerto Rico can't file for bankruptcy under Chapter 9.)
According to KaloBios, the letter from Nasdaq stated that the company's filing for bankruptcy under Chapter 11 constitutes a «separate and additional basis for delisting...
We like to refer to Rosenstein & Associates as being «The Temecula Law Firm» and that our clients can rely on us to help in the formation of a new business, help manage the legal needs of an existing business, including when necessary business & corporate litigation; ongoing transactional matters (more commonly referred to as contractual matters); assisting with the filing of copyrights and trademarks; assistance with real estate transactions, assistance with tax audits, tax litigation, and when necessary with business reorganization, including filing a Chapter 11 or a business Chapter 7 under the U.S. Bankruptcy Code.
Toys R Us, one of the top toy and children's furniture and juvenile products retailers in the nation, filed for Chapter 11 bankruptcy protection early this week, faltering under a massive debt load that has accumulated at a time when more consumers are shopping on line.
When the political consulting firm Cambridge Analytica announced last week it would be closing its doors and filing for bankruptcy in the wake of the Facebook data scandal, speculation mounted that it would be revived under the guise of two new companies set up in London.
Remington Outdoor Co., the parent of Remington Arms Co., filed for reorganization Sunday under Chapter 11 of U.S. Bankruptcy Code.
But Morris was back in bankruptcy court the next year, this time filing again under Chapter 13.
The discount footwear retailer is the latest US retailer to be dragged under by declining brick - and - mortar retail traffic, announcing it had filed for bankruptcy protection on Tuesday.
Vigil Games had been acquired as part of the THQ family and ultimately went under after the company filed for bankruptcy.
The district, located in the heart of Silicon Valley's seemingly affluent electronics center, had filed for bankruptcy last May under Chapter 9 of the U.S. Bankruptcy Act, stating that it could not pay $ 10 million in salary raises it had agreed to in three - year contracts signed two years ago with its two employbankruptcy last May under Chapter 9 of the U.S. Bankruptcy Act, stating that it could not pay $ 10 million in salary raises it had agreed to in three - year contracts signed two years ago with its two employBankruptcy Act, stating that it could not pay $ 10 million in salary raises it had agreed to in three - year contracts signed two years ago with its two employee unions.
On March 22, 2010, SBX LP, filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code.
Here's a piece of e-readers news that won't be to the liking to fans of the iRex for sure but will perhaps bring on a smile on the faces of its competitors — iRex Technologies has filed for bankruptcy in Netherland under Chapter 11 of bankruptcy protection.
One of the mainstays of American magazine publishing who enjoyed an extensive international reach announced yesterday that it would be filing for protection under Chapter 11 bankruptcy proceedings.
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.
I have not checked to see if Vantage or their sister companies have filed (they would presumably file in a federal district for their area in Great Barrington, Mass.) A bankruptcy attorney in that area could better answer your question about those publishing contracts as bankruptcy estate assets that a Trustee would «recall» (or «garner for the bankruptcy estate) under a preference rule and make a part of Vantage's «bankruptcy estate» for the benefit of creditors.
You may not file under any chapter if within the preceding 180 days you had a prior bankruptcy petition dismissed due to your willful failure to appear before the court or comply with court orders, or was voluntarily dismissed after creditors sought relief from the bankruptcy court to recover property on which they hold liens.
If, under the standards in the law, the consumer is found to have a certain amount left over that could be paid to unsecured creditors, the bankruptcy court may decide that the consumer can not file a chapter 7 case, unless there are special extenuating circumstances.
For example, the new bankruptcy law you will need to take a means test, if you are seeking to file under chapter 7.
Bankruptcy will weigh on your credit report for 7 to 10 years, depending on which chapter you file under, but you can reclaim financial independence.
We help people find relief by filing bankruptcy in California under the Bankrubankruptcy in California under the BankruptcyBankruptcy Code.
People can only file for bankruptcy under Chapter 13 if their debts do not exceed a certain amount.
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