Sentences with phrase «filing of a bankruptcy»

However, a records search by government officials revealed no official filing of bankruptcy.

With changes to the Bankruptcy Code in 2005, the proper filing of a bankruptcy case requires experience and skill in handling this difficult area of law.

After conferring with a bankruptcy attorney to determine your exemptions, you will undergo mandatory credit counseling, followed by the formal filing of your bankruptcy petition.

On March 16, 2008, the Federal Reserve orchestrated the purchase of Bear Stearns by JPMorgan Chase to avert the eminent next - day filing of bankruptcy by Bear Stearns.

I would suggest to the federal government that they make a 12 - month period prior to filing of a bankruptcy where any contributions to those RESPs would be something that can be clawed back, it would become beneficial to the estate or to the creditors of the bankrupt.

Bankruptcy proceedings begin with an electronic filing of bankruptcy documents with the Canadian government through the Office of the Superintendent of Bankruptcy Canada.

The stay begins automatically and immediately upon the filing of a bankruptcy case.

The case begins with the filing of a bankruptcy petition and additional documents called «schedules.»

Because all debts and assets must be disclosed when you file for bankruptcy, back taxes are a debt owing and are automatically included upon the filing of the bankruptcy petition.

This stay comes into effect upon the filing of the bankruptcy paperwork.

It is essential that the bankruptcy paperwork is filed with the government, because the filing of the bankruptcy is what officially starts the bankruptcy process.

On the plus side the filing of bankruptcy may put you in a better position to pay your current bills and begin to rebuild your credit.

The tax debtat issue has been assessed by the taxing authority for more than 240 days prior to the filing of the bankruptcy case (federal taxes are usually assessed within 6 weeks of the filing of the return, the States vary);

If on the day you file a bankruptcy you for tax year that occurred three years prior to the day you file bankruptcy, and the tax return was timely filed at least two years prior to the filing of the bankruptcy, and you have not been assessed within 270 days before the filing of the bankruptcy, then it may be possible to discharge your old income taxes.

Here at Marshall D Cohen Company LLC, located in Columbus Ohio, we have dedicated our practice solely to the filing of bankruptcy.

And since filing a bankruptcy case, or filing to sign a reaffirmation agreement following the filing of a bankruptcy case is not grounds for a mortgage lender to start a foreclosure, the non-signing client really doesn't face the same risks that a non-signing client does with a car loan.

When replacement value is required, it means the replacement value, established after reasonable inquiry, as of the date of the filing of your bankruptcy case, without deduction for costs of sales or marketing.

The opitons include making payments as requried by the creditors in question, negotitating directly with the creditors to find a reasonable schedule for repayment, a consolidation loan, credit counselling, a consumer proposal, or even the filing of a bankruptcy.

The automatic stay is self - executing, effective upon the filing of the bankruptcy case and requires that all collection calls, lawsuits and garnishments must stop immediately.

As such, full disclosure to your bankruptcy attorney about all transfers or changes in property prior to or after the filing of bankruptcy is very important.

Penalties for presenting false information upon the filing of bankruptcy may lead you to committing perjury.

However, our commitment to our clients does not stop at the filing of their bankruptcy case.

He decided to proceed with the filing of a bankruptcy.

This can occur if the transfer was made within four years of the filing of the bankruptcy with the intent to hinder, delay or defraud a creditor.

While the most common bankruptcy service will be the filing of a bankruptcy, there are many other insolvency services...

So, those types of garnishments all stop as a result of a filing of a bankruptcy or consumer proposal.

or during the five - year period preceding the filing of the bankruptcy petition, the debtor was not enrolled in school and had a gross income of less than 200 percent of the official poverty guideline during each of those five years.

A debtor must file a certification that states the debtor completed consumer credit counseling within 180 days of the filing of the bankruptcy case unless the debtor is exempt from the requirement to take the course.

Debt collector laws most often appear in my practice after the filing of a bankruptcy.

Since the taxes would be new debt, they would not be covered by any bankruptcy filed in the past, and they may be exempt from the filing of a bankruptcy anyway.

Upon the filing of a bankruptcy petition, the automatic stay provisions of the Bankruptcy Code prevent creditors from any further contact with the debtor.

In chapter 7 cases, the filing of a bankruptcy case at least postpones any type of foreclosure proceeding.

Government guaranteed student loans can not be discharged in bankruptcy unless, (A) more than seven years has elapsed between the time the loan first became due and the filing of the bankruptcy petition; or» (B) excepting such debt from discharge... will impose an undue hardship on the debtor and the debtor's dependents.»

The filing of the bankruptcy will stay or stop foreclosure proceedings.

And while it is never an easy decision, sometimes the filing of a bankruptcy is the best decision.

The Panel Trustee may also seek to recover assets conveyed by the debtor prior to the filing of the bankruptcy.

The tax return that generated the taxes owed must have been due at least three years prior to the filing of the bankruptcy;

The automatic stay is created immediately upon the filing of your bankruptcy case, whether it be a Chapter 7 or a Chapter 13 case.

Current monthly income is defined in 11 U.S.C. § 101 (10A) as the monthly average of the income received by the debtor (and the debtor's spouse in a joint case) during a defined six - month time period prior to the filing of the bankruptcy case.

1 / 60th of all secured debt that will become due in the five years after the filing of the bankruptcy case,

It is important to note that certain forms of debt are considered non-dischargeable, including alimony and child support, recently incurred income taxes, student loans, legal judgments from committing a crime or drunk driving, and purchases of what are considered luxury items shortly before the filing of bankruptcy.

The filing of the bankruptcy petition with the court immediately freezes a foreclosure proceeding.

Additionally, the filing of a bankruptcy case will freeze / pause any divorce action.

For example, users can ask ROSS, «In New York, is the filing of a bankruptcy petition solely for the purpose of restructuring a lease or rejecting a lease a bad faith filing after 2008?»

Your pre-paid travel supplier (such as tour operator, cruise line or airline) completely ceases operations due to insolvency, with or without the filing of bankruptcy.

This was actually denied by his lawyers during the filing of his bankruptcy.

This can be very difficult, and if proper planning is not provided, it is not uncommon that a divorce ultimately results in the filing of bankruptcy for each party.

In Canada, only licensed Trustees in Bankruptcy can file personal bankruptcies, and administer the filing of bankruptcy returns.

This part of the code states that all attempts by creditors to collect debts incurred prior to the filing of a bankruptcy petition must stop immediately upon the commencement of a bankruptcy case.