Bankruptcy law is not meant to punish you; it allows you to
keep your property under what are called «exemptions» (things you get to keep) and give you a fresh financial start.
Not exact matches
... They figured they'd just
keep raising money and paying back the ones with the money they'd been using,» Steven Butt, president of brokerage and
property management firm Avenue Commercial, which sold a building to Concrete and continued to manage it
under contract.
Under its terms, Daniels agreed to
keep silent and is barred from selling or sharing «images and / or
property and / or other confidential information» related to the alleged affair — indicating that she may have photos or other evidence.
He also initially told them that he
kept a logbook of how much water the
property takes from the river — as is required
under NSW law when meters are not properly functioning.
Dogs are to be
kept on a leash and
under control at all times while on Old Sturbridge Village
property.
After an eventful four years as governor, Cuomo is running on his record of accomplishments: A
property tax cap, the legalization of same - sex marriage, a sweeping gun control law and enacted budgets that have
kept spending increases
under 2 percent.
The program — which Cuomo first billed as a «freeze» on tax increases — is designed to push local governments to
keeping under the state's cap on
property tax increases and find ways to share services.
It would reward communities with
property tax rebates if local governments implement austerity measures to
keep their growth
under the cap.
Under Cuomo's plan, the tax freeze would kick in for individual
property owners only if local governments
kept tax increases minimal and took steps toward consolidating services.
This budget is
under the state
property tax cap, And it
keeps our spending
under the rate of inflation even though our costs have increased.
At the same time, the cap is, in essence, working as it was meant to:
Keeping the nation's highest
property taxes
under some semblance of control.
Bellone had said the county has made progress with its budget since he came into office four years ago, cutting the county's structural deficit in half while
keeping property tax increases
under the state's tax cap.
Under the proposal, the state would pick up slight increases on individual taxpayers»
property tax bill, but only if the local taxing entities also
keep tax growth small and work toward consolidating services.
Cuomo praised Bellone for
keeping property taxes
under the two percent state cap and for backing projects such as Wyandanch Rising.
Cuomo's gambit is a way to
keep higher - income New Yorkers who pay high local
property taxes from facing much higher federal taxes
under a new tax law signed by President Donald Trump in December.
The pressure is being applied through the
Property Tax Rebate Program that is tied to local governments
keeping taxes
under the governor's tax cap rate.
The antibacterial
properties of coconut oil will
keep even the skin
under your beard fresh and clean.
Positive gravity has enough tantalising
properties to
keep us going for the moment — for instance, an object, no matter how small, generates gravity; it can't be shielded against; and it isn't lost when two masses collide
under its force.
By varying the conditions
under which the spiders were
kept (different reeling speeds, starvation periods), the species or the spiders inside the same species, it has been seen that dragline silk has different mechanical
properties and varies on an interspecific, intraspecific and intra-individual level [23].
CombinatoRx will also own intellectual
property and
keep commercial rights to products produced
under the arrangements.
The church needs the approval of the homeowners association to remove the
property, which the church is
under contract to buy, from the subdivision, which requires that lots be
kept residential.
And, unless you have an acceptable plan to catch up on your debt
under Chapter 13, bankruptcy usually does not allow you to
keep property when your creditor has an unpaid mortgage or security lien on it.
Also you know that unless you have a plan that is approved to catch up on your debt
under a Chapter Thirteen, then the bankruptcy will not usually allow you to
keep property when your creditor has an unpaid security lien or mortgage on it.
You get to
keep any
property classified as «exempt»
under state / federal law (clothes, car, household furnishings, etc..)
In this type of bankruptcy the court will appoint a trustee whose job it is to liquidate all
property that is not exempt (or is in excess of what he or she may
keep under law), and use the money raised to pay creditors.
Generally, those who file Chapter 7
keep all of their
property except
property which is very valuable or which is subject to a lien that they can not get rid of
under law or can not afford to pay.
These advantages are: to save your home from foreclosure; to reschedule secured debts; to provide protection for co-debtors; to consolidate your loans
under one plan; to
keep non-exempt
property; to extend certain tax obligations, student loans, or other such qualifying debts; and to qualify for bankruptcy relief.
You may be able to
keep all or most of the
property under Bankruptcy law.
Be sure to note that
under a Chapter 7 bankruptcy, most debtors
keep their
property — so your assets most likely will be protected.
Even if the fire is
kept under control, the smoke damage alone can cause a total loss of your
property.
Some advantages bankruptcy protection might offer a bankrupt debtor is that you can obtain an automatic stay which means the mere request for bankruptcy protection automatically stops and brings to a cessation certain lawsuits, foreclosures, utility shut - offs, evictions, repossessions, garnishments, attachments, and debt collection harassment, filing might save your home, you can reschedule secured debts, you can receive protection for co-debtors you can
keep all non-exempt
property, you can consolidate all your loans
under one plan, all or part of your loans may be completely forgiven, and you can extend certain tax obligations, student loans, or other such qualifying debts.
Also, unless you have an acceptable plan to catch up on your debt
under Chapter 13, bankruptcy usually does not allow you to
keep property when your creditor has an unpaid mortgage or security lien on it.
Just reiterating one more question — if I do not let out my
property and
keep it vacant in this case, will I still be eligible for entire loan interest deduction OR I will fall
under 200,000 max limit?
Filing for bankruptcy
under Chapter 13 allows people with a steady income to
keep property, like a mortgaged house or a car, that they might otherwise lose through the Chapter 7 bankruptcy process.
To
keep things
under budget, you're going to have to skip the oceanfront
properties in Waikiki.
Additionally, you can
keep up to $ 1,000 equity in personal
property, such as furniture, art, and electronics, or $ 4,000 equity in personal
property if you're not using the homestead exemption; up to $ 1,000 in equity of your vehicle — more if filing bankruptcy jointly with your spouse; and pensions and most retirement accounts,
under federal non-bankruptcy exemptions.
Chapter 13 bankruptcy is used when there is
property they may want to
keep like a mortgage that is about to be foreclosed on or other assets that would be liquidated
under chapter 7 bankruptcy.
However, according to Regulation 29, «the licensee of a food establishment or private market may permit any guide dog accompanying a blind or visually impaired person to be brought into the dining or refreshment area or any toilet of the licensed premises if the guide dog is a)
kept under proper control; b) restrained from straying or causing annoyance or nuisance to any person or animal, or damage to any
property; and c) held in a leash.»
Leash laws that require domestic animals be
kept on their owner's
property, and
under their owner's control, are lethal for community cats.
You can even open doors to sheds, garages, and other existing pieces of shelter on your
property, Some, if they are comfortable, sometimes open up a hole to
under a porch to
keep cats dry during rainstorms and extreme weather.
Remember the homeless animals and
keep a bowl of water
under a bush or the edge of your
property.
The Carroll County Code of Public Local Laws and Ordinances has specific regulations for
keeping dogs in the confines of one's
property, including stating that such animals must be
kept restrained or
under adequate control at all times.
Each owner and / or attendant shall
keep his domestic animal
under restraint at all times to prevent the escape from his
property or person and shall prevent his animal from threatening, attacking, and / or biting any lawfully acting person or animal.
(d) Â Â Â The conditions
under which the animal is
kept and maintained which could contribute to, encourage, or facilitate aggressive behavior, such as, but not limited to, allowing the animal to run at large, tethering in excess of legal limits as defined in this chapter, physical
property conditions, presence of young children, the elderly, or infirm within or residing near the home, any past violations of this chapter, and / or failing to provide proper care, food, shelter, or water.
Some of the
properties outdoor features are the large enclosed shower with changing area, swing
under the house and large porch with built in seating and a gate to
keep pets safe on the porch.
Six thousand of these books are
kept and catalogued at the Jewish National and University Library in Jerusalem
under the designation «A.P.» (Abandoned
Property).
All these changes will
keep intellectual
property lawyers and their clients busy in 2015 dealing with rights granted or pending
under the prior rules, and new applications and granted rights
under the new regimes.
Under the will G's friend L was entitled to reside at G's
property «rent free for a maximum of 10 years from 23 April 2006» subject to her being responsible for all outgoings and
keeping the
property insured and in good repair.
Under Georgia premises liability law,
property owners have a duty to
keep their buildings and land safe for guests and visitors.
Under Chapter 13 bankruptcy you may be able to
keep most of your
property and work out a debt repayment plan to catch up on past due debts.