Sentences with phrase «keep under a chapter»

There are certain assets that can be protected and other assets that you may not be allowed to keep under a Chapter 7 bankruptcy plan.

Not exact matches

Kept grounded and British, each chapter of the story being directed by the same two directors, Nyman and Dyson's power is keeping their film under constant control.
In the four, practical and realistic books that I have written for my hospital series, I've tightly focused each chapter on a particular theme, doing my best to keep it under 2,000 words.
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.
The primary reasons consumers choose a Chapter 7 bankruptcy if they qualify under bankruptcy law is they could keep some assets and they can bring their credit score up much quicker than if they filed a Chapter 13.
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.
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.
For Chapter 13 Bankruptcy, vehicles may be kept as long as the debtor makes the necessary payments under their bankruptcy payment plan.
One of Chapter 13's most attractive features is the chance to keep your home as long as you can pay the mortgage under a settlement plan.
In chapter 13, it is possible to keep these unexempt assets IF the debtor pays the creditors the value of the asset through the chapter 13 plan.For example, say a debtor is using the New York exemptions and has a car worth $ 10,000, with no loan, and can only exempt $ 4,000 under New York's motor vehicle exemption.
Be sure to note that under a Chapter 7 bankruptcy, most debtors keep their property — so your assets most likely will be protected.
In a Chapter 7 case, the most common type of personal bankruptcy, the court doesn't allow an individual to keep their assets, but most exemptions allowed under state and federal law are large enough to cover a secured debt such as a house mortgage a car loan.
Under Chapter 11 bankruptcy the business is allowed to reorganize their business and create a repayment plan, although the business becomes what is termed a «debtor in possession» keeping ownership of the business and maintaining control of their day to day business operations.
Since a mortgage is still secured by your home under either a Chapter 7 or Chapter 13 bankruptcy, and regardless of whether you are legally separated from your spouse or not, if you want to keep your home, someone has to continue to make the mortgage payments.
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.
Typical restructuring under Chapter 13 allows for you to repay your creditors and keep your assets.
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.
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 bankChapter 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 bankchapter 7 bankruptcy.
(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.
Details on the exact content of the narrative were, unfortunately, kept tightly under wraps, and the only information given was that the third chapter would seamlessly incorporate Disney and Final Fantasy elements without ever getting too childish or too dark, as would the game's overarching conflict of light versus darkness.
By following a 3 - 5 year repayment plan, filing bankruptcy under Chapter 13 may give you the chance to catch up on late payments while keeping on top of current payments.
With a Chapter 7 bankruptcy, you may keep certain assets known as exemptions under Texas law.
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.
Under Chapter 13 protections, you may be able to keep most, if not all, of your possessions.
For instance, Chapter II of the State Sanitary Code, codified at 105 C.M.R. 410.452 provides: «The owner shall maintain all means of egress at all times in a safe, operable condition and shall keep all exterior stairways, fire escapes, egress balconies and bridges free of snow and ice, provided however, in those instances where a dwelling has an independent means of egress, not shared with other occupants, and a written agreement so states, the occupant is responsible for maintaining free of snow and ice, the means of egress under his or her exclusive control.»
For people who have fallen behind on their bills but have regular income, filing bankruptcy under Chapter 13 may allow the breathing room they need to get back on track with their payments and keep their property.
Under chapter 13, you can reorganize your debt into a manageable repayment plan, including low monthly payments that allow you to keep your home.
Second, it is clear from the chapter on clinical negligence claims that he was very concerned about the effect of CFAs and ATE on the public purse: ``... this huge area of public expenditure must be kept under proper control, so that the resources of the health service are not being squandered unnecessarily on litigation costs.»
Sometimes, conversion is necessary because you can't keep up with the payments required under your Chapter 13 plan, but conversion may be possible regardless of your reason.
During this 4 - day course presented by ASA Northern California Chapter, attendees will Participate in an depth review and application of the concepts learned in ARM201 including the Scope of Work Rule, Ethics Rule, Competency Rule, and USPAP Standard 3; Learn the appraisal management concepts that pertain to the USPAP Record Keeping Rule and the appraiser's responsibilities under USPAP when working with other valuation professionals; and Write their own appraisal review report in compliance with USPAP Standard 3 and have a working knowledge of what a compliant appraisal review report is supposed to look like for their particular situation.
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