Sentences with phrase «filing of your bankruptcy petition»

The case begins with the filing of a bankruptcy petition and additional documents called «schedules.»
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.
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.
Upon the filing of a bankruptcy petition, the automatic stay provisions of the Bankruptcy Code prevent creditors from any further contact with the debtor.
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 petition with the court immediately freezes a foreclosure proceeding.
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?»
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.

Not exact matches

According to the Financial Times, four major creditors filed a petition this month asking the court to pull Mt. Gox out of bankruptcy in order to distribute its bitcoin assets among claimants.
Toys «R» Us filed the petition in the U.S. Bankruptcy Court for the Eastern District of Virginia in Richmond, Virginia.
Creditors of the operating unit, which runs 44 casinos, filed an involuntary bankruptcy petition in Delaware this week.
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.
Last week, Italian law firm BonelliErede filed a bankruptcy petition on behalf of BitGrail creditor Espen Enger, who allegedly was in contact with several hundred victims.
Relativity and related certain parties plan to file chapter 11 petitions with the U.S. Bankruptcy Court for the Southern District of New York, the company said.
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The subcontractor, which filed for a Chapter 11 petition in November, accuses CNY Construction of issuing bad checks for its work at the Witkoff Group's 701 Seventh Avenue, according to a complaint filed in a Manhattan bankruptcy court.
The petition to file bankruptcy was submitted at the U.S. Bankruptcy Court Southern District of New York and was signed on behalf of Cambridge Analytica's board by Rebekah and Jennifer Mercer, daughters of billionaire Robebankruptcy was submitted at the U.S. Bankruptcy Court Southern District of New York and was signed on behalf of Cambridge Analytica's board by Rebekah and Jennifer Mercer, daughters of billionaire RobeBankruptcy Court Southern District of New York and was signed on behalf of Cambridge Analytica's board by Rebekah and Jennifer Mercer, daughters of billionaire Robert Mercer.
The City Hall Plaza press conference, hosted by the Hispanic Federation, called for a laundry list of federal actions, including implementing «a federal investment plan», eliminating Jones Act requirements that goods shipped between Puerto Rico and other places in America be transported on U.S. ships with U.S. crews, changing the U.S. bankruptcy code to allow Puerto Rico and its government related enterprises to file bankruptcy petitions and urging President Obama to «explore a Federal Reserve loan» and «oppose severe austerity.»
The demand that federal law be amended to permit Puerto Rico to file a bankruptcy petition has a reasonable likelihood of happening and could be beneficial.
The school filed a petition for Chapter 11 bankruptcy in U.S. Bankruptcy Court for the Southern District of New York on Monday, according to the copy provided to bankruptcy in U.S. Bankruptcy Court for the Southern District of New York on Monday, according to the copy provided to Bankruptcy Court for the Southern District of New York on Monday, according to the copy provided to The Drive.
When you file a bankruptcy petition, you will be required to attend a First Meeting of Creditors.
Within a week of the filing of your petition, the bankruptcy court clerk mails your creditors notice of the filing and the imposition of the automatic stay.
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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.
To file your bankruptcy petition in New Jersey, a debtor must have resided in the state or had your principle place of business in the state for the larger part of the past 180 days.
Filing bankruptcy — an act in which a debtor starts a bankruptcy case and obtains the protection of the automatic stay by filing a petition and certain other documents with a bankruptcy Filing bankruptcy — an act in which a debtor starts a bankruptcy case and obtains the protection of the automatic stay by filing a petition and certain other documents with a bankruptcy filing a petition and certain other documents with a bankruptcy court.
Anyone you owe money to, including us, can file a creditor's petition if you have committed an «act of bankruptcy» (such as failing to comply with a bankruptcy notice) within the preceding six months.
The purpose of the bankruptcy petition is to allow the United States Bankruptcy court to properly assess the debtor's ability to file bbankruptcy petition is to allow the United States Bankruptcy court to properly assess the debtor's ability to file bBankruptcy court to properly assess the debtor's ability to file bankruptcybankruptcy.
A debtor can not file under chapter 12 (or any other chapter) if during the preceding 180 days a prior bankruptcy petition was dismissed due to the debtor's willful failure to appear before the court or comply with orders of the court or was voluntarily dismissed after creditors sought relief from the bankruptcy court to recover property upon which they hold liens.
Also, anyone seeking bankruptcy protection, must undergo credit counseling from an approved agency within 180 days of filing a petition.
At the time she filed her petition in bankruptcy she had take home pay of $ 2,950 per month plus an additional $ 500 per month in child support.
In Chapter 7, you file a bankruptcy petition and, within a couple of months, you get a court order discharging, or eliminating, your consumer and medical debts.
Filing for bankruptcy requires you to fill out official forms, including a bankruptcy petition and a series of schedules that give the court an idea of your finances.
Default.The Bank may without prior notice, declare the total balance due immediately on your Account and apply all or part of your Deposit Account to the payment of that balance if: (a) you fail to make any payment due; (b) exceed your credit limit; (c) default under the terms of your Agreement; (d) your Account is closed by you or by us; (e) the Cardholder dies; (f) any government authority takes action the Bank believes will adversely affect your ability to pay; or (g) you file a petition for bankruptcy.
Any time you petition a court for a special reason, like filing a motion for violation of the bankruptcy laws, there are usually court costs that are associated with the petition.
When you file a bankruptcy, regardless of the chapter, you must file what's called a petition.
The second page of the petition identifies all the prior bankruptcies you have filed.
If you fail to file the correct paperwork, the judge rejects the petition, or in terms of Chapter 13 bankruptcy you fail with your debt repayment plan, the bankruptcy will be unsuccessful.
The bankruptcy court will mail to each of your creditors a «Notice of Commencement of Case», informing them that you have filed the petition and advising them of the date of the First Meeting of Creditors.
You should not file a bankruptcy petition for the sole reason of delaying a creditor's actions.
One point of clarification / explanation: When we speak of married couples «both filing for bankruptcy,» we're talking about a joint petition in which one case is filed under the names of both parties.
Keep in mind that the bankruptcy code is very complex and filing a bankruptcy petition requires a thorough knowledge of the bankruptcy code and other laws.
In Southern California, Californa, almost any individual, partnership, or corporation may file a chapter 7 bankruptcy petition if he or she resides, has a domicile, a place of business, or property in the United States.
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.
In other parts of the country the fees can be as high as $ 1000 - $ 2000, and unfortunately, most bankruptcy lawyers are going to require debtors to pay these fees prior to filing the Chapter 7 Bankruptcybankruptcy lawyers are going to require debtors to pay these fees prior to filing the Chapter 7 BankruptcyBankruptcy petition.
Filing a petition with the bankruptcy court is appropriate for both private individuals and businesses of any size.
The prevailing belief was that a large number of individuals filing bankruptcy petitions did so because of convenience rather than because they were actually unable to pay their bills.
In as little as 60 — 90 days of filing your Chapter 7 bankruptcy petition, the entirety of your debt is forgiven.
The process involves filing a petition and attending a meeting of creditors with a bankruptcy trustee (also known as a 341 meeting) about six weeks or so after the case is filed; after that meeting your bankruptcy case will be discharged.
In any regards, it is up to the person who files a petition to the bankruptcy court to provide the burden of proof by bankruptcy law for why the discharged case should be reopen.
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