Sentences with phrase «filing bankruptcy because»

Woodbridge, VA: I am 28 years old and I am thinking about filing bankruptcy because a couple of years ago I got into trouble and was unable to pay my debts.
Many homeowners consider debt settlement rather than filing a bankruptcy because the credit rebounds quicker with debt settlement than it would with a chapter 7 bankruptcy.
We are actually considering filing bankruptcy because we are in a major hole that keeps getting bigger each month
People often frown upon the idea of filing bankruptcy because it suggests that one has mishandled one's resources.
According to a press release, the firm is filing bankruptcy because it lost pretty much all of its customers and suppliers.
Debtors do not have to be United States Citizens to file bankruptcy because the U.S. Bankruptcy Code does not have a citizenship requirement.
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.
I wound up having to file bankruptcy because of their incompetency.
They won't like that and they'll keep threatening you, so you'll have to tell them you were advised by your attorney to file bankruptcy because that's all you have and if they go this route they won't see a dime.
Lenders want to avoid borrowers you could file bankruptcy because it means they'll lose money on the loan.
Now I have to file bankruptcy because of this.
When Jane filed bankruptcy because she had lost her job and could no longer pay the bills she had accumulated while she was employed, she vowed to never have another credit card in her name again.
Even those with health insurance were forced to file bankruptcy because health insurance did not cover all medical bills incurred from prolonged illnesses or catastrophic medical emergencies.
People that are judgment proof may not need to file bankruptcy because creditors can't touch their assets are from social security, pension plans, 401 (k) retirement savings, disability benefits, veterans benefits, alimony or support payments.
You will still want to file bankruptcy because most creditors will pursue the deficiency balance from you.
I don't want to file bankruptcy because I do not want to get behind in my payments any more than necessary.
Many people are hesitant to file bankruptcy because they are concerned about losing their assets, including a car or home.
Many people are reluctant to file bankruptcy because they do not understand the process.
You shouldn't get to file bankruptcy because you were financially irresponsible especially while working.

Not exact matches

Governor Snyder has said that the bankruptcy filing will allow the city to spend more money on public services because less of its money will be hurdled toward paying interest on debt.
After she broke off the engagement, she was forced to file for bankruptcy because of the bills he racked up.»
The company will file a motion for the liquidation in bankruptcy court, according to the person, who asked not to be identified because the announcement isn't yet public.
He attributed much of the decline to people's confusion around the bankruptcy filing and a fear of buying gifts at Toys R Us because they thought they wouldn't be able to return them if needed.
If it sounds like Mayor Luke Bronin is talking more boldly about a bankruptcy filing these days, it's because the numbers don't point to much hope of avoiding a reorganization of the city's debts and liabilities, either in or out of bankruptcy...
SolarWorld filed for bankruptcy twice in the last year because it couldn't compete against foreign prices.
If your house is underwater and you file bankruptcy, the Trustee won't seize the house and sell it because there is no equity for the estate.
Perhaps you ended up filing for bankruptcy because of medical bills, a divorce, or other reasons outside of your control.
(One part of the problem is that because of its peculiar status, Puerto Rico can't file for bankruptcy under Chapter 9.)
Addition: AFA, a competitor of BPI, filed for bankruptcy, because of reduced demand for all beef products.
They finally after 9 yrs they closed that section of the hospital down because the hospital had to file bankruptcy.
Because of its status as a United States territory, Puerto Rico is prevented from filing for bankruptcy.
Interfaith, which filed for bankruptcy protection and nearly closed, was an even thornier problem because of its location.
Jacobs said one of the reasons the party is not renominating John Mangelli, the Democratic candidate against Venditto two years ago, is because the Bayville attorney filed for personal bankruptcy in the past.
Presumably this happened because Barclays was waiting to buy Lehman Brothers, and they got a great deal after the bankruptcy filing.
Several other coal companies, including Arch Coal and Walter Energy, have also filed for bankruptcy over the last year because of pressures on the industry.
Governor Bruce Rauner's recent pension bill would allow Chicago and other municipalities to file for bankruptcy, a mechanism which would allow the city to start over, restructure its past debt, and reform its pensions plans (but even in this case, there would be obstacles around when Chicago could actually file because of the way the city reports its debt).
If B&N gave up on the ebook market, they would be giving up on the future of books, in which case they might as well just file for bankruptcy now, because in the long run, paper books are dead weight.
The downside to file bankruptcy on your own is you have to take on all the work that can be confusing and complex because you need to know the legal process and its specific rules and regulations.
However, once you have completed your forms you still have to bring the legal petition physically to the bankruptcy court in your local area because you can't do this step online no matter how many websites advertise filing bankruptcy online.
Utility services: Public utilities, such as the electric company, can not refuse or cut off service because you have filed for bankruptcy.
Filing a consumer proposal the second time around is often better than a repeat bankruptcy because:
However because you do not file bankruptcy, you keep all of your assets like a home or car.
Because look at Detroit, they filed bankruptcy, Orange County, Stockton, I mean the list goes on and on.
I often see people who previously filed bankruptcy discount it as something they should not do again because of guilt or feelings of pain.
They agree to the arrangement because they receive more money than if you had filed for personal bankruptcy.
A consumer proposal is regulated by because it can only be filed with a Trustee in Bankruptcy, who is licensed by the federal government.
While it is true that filing bankruptcy is the most detrimental thing that you can do to your credit score because it demonstrates your willingness to abandon your responsibilities to your lender, it also gives you a clean slate upon which to base your credit future.
Because filing bankruptcy doesn't teach you how to change your spending behavior, 10 percent of people who file bankruptcy once end up filing again.
That's because there are rules restricting when you can file for a second bankruptcy, which differ depending on the type of filing.
Also, bankruptcy doesn't go away just because it falls off your credit report, it's still on record with the court where you filed.
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