Sentences with phrase «filing for bankruptcy protection»

Buying a reliable car is another purchase that does not raise too many eyebrows when filing for bankruptcy protection.
Ask a lawyer if filing for bankruptcy protection could help you get out of debt and get on with life.
It may be time to consider filing for bankruptcy protection when the benefits that can be obtained in bankruptcy outweigh the effects of continuing under your current circumstance.
When a debtor files for bankruptcy protection from creditors, not only are debts eliminated, but so are the underlying contracts.
Most people know that there is the potential for losing some of his or her assets by filing for bankruptcy protection.
Why should a small business debtor file for bankruptcy protection under a chapter 11 instead of some other type of bankruptcy?
Finally, it's important to understand the limitations of filing for bankruptcy protection.
The reason people file for bankruptcy protection is to get a fresh financial start while protecting what assets they can.
These celebrities filed for bankruptcy protection at some point — and then used their talents to recover.
Most of you might think that people who file for bankruptcy protection should not be concerned with rebuilding credit, but you would be making the wrong assumption if you think such.
Many borrowers find that they have no choice other than to file for bankruptcy protection because their lives may have taken an unexpected turn that led them to financial disaster.
You would figure this is a dream come true, if it wasn't for his publisher filing for bankruptcy protection.
Although finding yourself in bankruptcy is a negative experience, filing for bankruptcy protection does not necessarily have to be one, especially when you have learned from the experience.
The second option is to go ahead and file for bankruptcy protection realizing some inheritance estates take years to settle.
An insurance company may even have a policy against covering a home where the homeowner filed for bankruptcy protection.
If you are completely unable to repay a large personal loan or have a very high amount of debt you can not repay, it may be time to consider filing for bankruptcy protection.
In 2005, a law was changed to make it harder for people to file for bankruptcy protection from their creditors.
That is why it is wise to consult with an experienced bankruptcy attorney before filing for bankruptcy protection.
You begin to think about other options such as short - sales, deeds - in - lieu of foreclosure, foreclosure, and even filing for bankruptcy protection.
When a debtor files for bankruptcy protection, they list all debts and creditors whom they owe money to, including both secured and unsecured debts.
In February, it acquired part of infrastructure services company Carillion Canada, which filed for bankruptcy protection in January, and in November, it increased its stake in Torstar media company, which holds an investment in The Canadian Press as part of a joint agreement with a subsidiary of the Globe and Mail and the parent company of Montreal's La Presse.
But No Fear just wasn't able to get its claws into enough guys, and the company filed for bankruptcy protection on Feb. 24.
Japan has struggled to define its approach to bitcoin since the collapse of Mt. Gox, which filed for bankruptcy protection in Tokyo on Friday, saying it had lost bitcoins and cash worth some half a billion dollars due to hacker attacks on what it said was its lax computer system security.
The company filed for bankruptcy protection in February and recently filed a petition to close «a few» stores.
The ailing tech retailer is reportedly aiming to file for bankruptcy protection as early as today.
Eastman Kodak, the 131 - year - old film pioneer that has been struggling for years to adapt to an increasingly digital world, filed for bankruptcy protection early on Thursday.
Tilson makes the point that shareholders in Texaco «weren't harmed» when Texaco filed for bankruptcy protection following Joe Jamail's $ 12 billion judgement against the company.
American Laser Centers LLC has reportedly filed for bankruptcy protection in order to deal with creditors.
The billionaire got his wish when Gawker filed for bankruptcy protection in June, and held an auction of its assets.
Recently on our bankruptcy forum a user asked, «I have come to the conclusion that after a massive surgery and losing my job that I will not be able to pull myself out of my financial crisis without filing for bankruptcy protection.
The Bitcoin exchange Mt. Gox filed for bankruptcy protection last week admitting to an outstanding debt of around $ 63.6 million.
He was the former CEO of Brookstone, a chain that improved on his watch but nevertheless filed for bankruptcy protection two years after he left.
When Lehman Brothers filed for bankruptcy protection, everything changed overnight.
News of the death comes with the spotlight already on bitcoin thanks to the collapse of Tokyo - based exchange Mt.Gox, which last week filed for bankruptcy protection amid revelations that it has lost hundreds of millions of dollars in the virtual currency.
In 2010 over 1.5 million individuals and business in the United States filed for bankruptcy protection according to U.S. Bankruptcy Court statistics, and nearly 42,000 cases of those cases were filed in the State of Texas — that's 115 bankruptcy cases being filed every single day in this state alone.
SEOUL / DETROIT, April 20 (Reuters)- General Motors» South Korean unit delayed a decision to file for bankruptcy protection until Monday afternoon, after the automaker failed to reach a wage deal with its labor union in time to meet a Friday deadline.
The consumer electronics retailer filed for bankruptcy protection Thursday after a lengthy effort at reversing substantial declines in revenue over the past few years.
Add the shocking collapse of MF Global, which filed for bankruptcy protection October 31, and it equals a recipe for long - term investor risk aversion.
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