Sentences with phrase «keep the property under»

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.
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