Sentences with phrase «filed voluntary petitions»

A Chapter 13 Bankruptcy begins with the debtor's attorney filing a voluntary petition, schedule of assets, schedule of liabilities, schedule of income, schedule of expenditures, and other related documents on behalf of the debtor.

Generally, it takes effect as soon as debtors file their voluntary petitions and stays in effect for the duration of the case.

The client signs a pre-petition engagement letter, hiring the firm to file the voluntary petition and list of creditors for zero down.

Not exact matches

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.

An individual who files a voluntary chapter 7 bankruptcy petition must, first of all, either have a «domicile» (that is, a place of official or legal residence) in the U.S., have a place of business in the U.S. or own property in the U.S.

Between 20 to 40 days after the filing of the voluntary petition, the trustee will hold the meeting of the creditors.

A voluntary bankruptcy is commenced when you file a petition with the Bankruptcy Court requesting protection from your creditors under Chapter 7 or Chapter 13.

Bankruptcy is defined like this: «the filing of a petition for voluntary or involuntary bankruptcy in a court of jurisdiction.»