Sentences with phrase «impact on bankruptcy»

It is cyclical and the economy does have an impact on bankruptcy work.

In many cases, what you do prior to filing bankruptcy may not have a direct impact on your bankruptcy case.

These laws are known as exemption laws and they can have a big impact on your bankruptcy case.

Not exact matches

And no one has estimated what impact the bankruptcies had on the other companies in terms of their brand image.

When Chicago lawyer Marvin Bower rescued what was then an accounting and engineering firm from near bankruptcy in 1939 and proceeded to invent the discipline of management consulting, he enshrined a set of commandments that guides McKinsey to this day: put client interest above firm profits; speak truth to power no matter the consequences; our work must have real impact on the client's business; take client secrets to the grave.

Further battered by the recession's impact on customers» discretionary spending, Sbarro filed for bankruptcy for the first time in 2011.

The state is also suffering a major fiscal crisis that is impacting its budget, pension fund and tax revenue — and the capital city of Hartford is teetering on the brink of bankruptcy.

If you've filed for bankruptcy in recent years, this can have a negative impact on your loan eligibility.

Judge Mark S. Wallace approved the price reduction in bankruptcy court on Wednesday after undisclosed information surfaced that Digital First felt could impact the value of the Register and Press - Enterprise of Riverside.

The bankruptcy doesn't seem to have impacted Navillus» contract on this project, but it's affected at least two of the company's biggest jobs.

«Each period, whether a day, a month, a year or longer, represents an infinite number of possible learning opportunities, revealing more and more about correlations, hedging, law, regulation, culture, sizing positions, trading versus holding, activism, bankruptcy law and practice, government action and political impacts on investing, organizational realities and growth, as well as the kind of personal characteristics that are required to do this job well.»

* Cites «changes in market» for its ground beef products * Lists assets of $ 219 million, debt of $ 197 million * Has secured $ 56 million in DIP financing April 2 (Reuters)- Ground beef processor AFA Foods filed for bankruptcy protection on Monday and said it plans to sell some or all of its assets, citing the impact of media coverage related to a meat filler critics have dubbed «pink slime.»

WXXI News Director Julie Philipp interviews Monroe County Executive Maggie Brooks about the impact of Kodak's bankruptcy announcement on the community.

«I'm not projecting it's going to happen, but if there's a bankruptcy in one part of the state, that has a potential negative impact on municipalities all across the state,» DiNapoli said.

deCODE's actual results could differ materially from those anticipated in the forward - looking statements as a result of risks and uncertainties, including, without limitation, (1) the impact of the announcement of its bankruptcy filing on deCODE's operations; (2) the ability of deCODE to maintain sufficient debtor - in - possession financing to fund its operations and the expenses of the Chapter 11 proceeding; (3) the ability of deCODE to obtain court approval of its motions in the Chapter 11 proceeding; (4) the outcome and timing of the proposed sale of deCODE's assets, including deCODE's ability to close a transaction with SagaInvestments, LLC or any other purchaser; (5) the uncertainty associated with motions by third parties in the bankruptcy proceeding; (6) deCODE's ability to obtain and maintain normal terms with vendors and service providers and contracts that are critical to its operation; and (7) other risks identified in deCODE's filings with the Securities and Exchange Commission, including, without limitation, the risk factors identified in our most recent Annual Report on Form 10 - K and any updates to those risk factors filed from time to time in our Quarterly Reports on Form 10 - Q or Current Reports on Form 8 - K.

MGT of America's recently released report Fiscal Impact of Charter Schools on LAUSD shows that the fiscal impact of charter schools on LAUSD is unsustainable if left unchecked, and will contribute to the eventual bankruptcy of Impact of Charter Schools on LAUSD shows that the fiscal impact of charter schools on LAUSD is unsustainable if left unchecked, and will contribute to the eventual bankruptcy of impact of charter schools on LAUSD is unsustainable if left unchecked, and will contribute to the eventual bankruptcy of LAUSD.

- PW speculates about the bankruptcy's impact on publishers, booksellers, authors, and the industry in general.

We do not recommend that you choose a bankruptcy or consumer proposal based on the impact on your credit score.

Before considering walking away from a mortgage that's «upside down,» considering the impact of foreclosure and / or bankruptcy on your credit scores is essential.

I remain unconvinced that filing bankruptcy, recovering quickly, and rebuilding credit has more of a long - term negative impact on credit.

The decision to file a consumer proposal or bankruptcy should be based on whether you need relief from your debts and comparing the cost and impact of each option on your budget and assets.

Credit bureaus do not typically reveal how much impact a bankruptcy has on your score.

Howard Hayes, another Hoyes Michalos trustee and in - house expert on immigration and bankruptcy, tells us how debt can impact the immigration and citizenship process in Canada and how this can also affect when you should file bankruptcy.

While there are many things to consider when considering filing for bankruptcy, you can expect it to impact your score for as long as the bankruptcy is listed on your credit report.

The timing of a bankruptcy filing can have a huge impact on its effectiveness in solving your financial problems.

You may have credit card debt that is causing you financial problems, but you may also rely on using those credit cards to pay for things online and so worry about the impact of a bankruptcy on your credit cards.

Debt settlement also has a negative impact on your credit report, but not as drastic as bankruptcy.

People often ask about the impact a consumer proposal or bankruptcy will have on their credit score — naturally they worry about the future impact on buying a home or financing a vehicle.

As you can see, there are many factors that will impact your decision on whether or not you should file bankruptcy or a consumer proposal so it is important to disclose everything to your trustee, and to ask a lot of questions so that you fully understand the process.

As time passes and the impact of the bankruptcy lessens, you might apply for a traditional credit card and also continually make all of your payments on time.

As a last resort, many consumers will declare bankruptcy which appears on your credit report negatively impacting you financially for up to a decade.

Bankruptcy discharge date's effect on score Here is where, in answer to your question, you might be surprised and perhaps disappointed to learn that next month's discharge is not likely to have any impact on your score — only the date filed.

Even long after your divorce is finalized, if your ex-spouse has any loans or lines of credit that still have your name on them when they file for bankruptcy, it could have a negative impact on your credit score.

If you own a fund of 500 companies and a few of them have lawsuits, crises, or bankruptcies, the net impact on your overall fund value is relatively small.

Most people have a hard time understanding bankruptcy and see it as a negative impact on one's financial wellness.

Negative financial events like a bankruptcy, foreclosure or short sale can also have an impact on your ability to qualify for a VA home loan.

For more information about the impact of bankruptcy proceedings on securities, please read our online publication, Corporate Bbankruptcy proceedings on securities, please read our online publication, Corporate BankruptcyBankruptcy.

If you are concerned about impact of bankruptcy on your credit... Continue reading →

In terms of the impact on your credit report, he adds, the note stating that you filed bankruptcy stays there for six years after you're discharged.

In light of the impact on small business owners and self - employed individuals, bankruptcy isn't always the best option.

Debt settlement may be preferable to bankruptcy because it will not impact your credit rating or result in any additional negative impact on your credit report.

We tackle two topics about timing your bankruptcy on today's podcast: Ian Martin, a Chartered Accountant and Trustee in Bankruptcy at Hoyes Michalos, explains how a tax refund or tax debt may impact what time... Read mbankruptcy on today's podcast: Ian Martin, a Chartered Accountant and Trustee in Bankruptcy at Hoyes Michalos, explains how a tax refund or tax debt may impact what time... Read mBankruptcy at Hoyes Michalos, explains how a tax refund or tax debt may impact what time... Read more»

It is generally considered a last resort, because of the negative impact it has on the credit score of the person declaring bankruptcy, because it can force the person to liquidate assets he would prefer to keep, and because a bankruptcy can stay on your credit report for up to 10 years.

However, not filing for bankruptcy can have a long - term negative impact on your finances and lifestyle.

Finally, consumer proposal and bankruptcy will greatly impact your score which can stay on your report for up to 7 years if real estate was involved in the case of bankruptcy.

Many credit counselors report foreclosure as having twice the negative impact on your credit score as a bankruptcy.

If you've already had a tax lien or judgment reported on your credit, the negative impact of a bankruptcy will be decreased and the benefits of filing may outweigh the additional credit damage.

While filing for bankruptcy will have an impact on your credit rating and your ability to obtain credit immediately after, recovery is possible.

As you know, bankruptcy has the most severe and lasting impact on your credit report.

I find that there is a major misconception in terms of how bankruptcy impacts your credit score, so let's be clear on a few points.