Sentences with phrase «kept by your trustee»

If you have filed bankruptcy the money is kept by your trustee to be shared amongst all of your creditors.

Not exact matches

You could technically hold those coins by keeping them in a safe - deposit box at your bank rather than turning them over to a trustee.

Stung by the sudden collapse of an annexation agreement hammered out at a joint meeting with village trustees, Mokena Park District commissioners have decided to keep their Yunker Park development options open.

Broda's decision to keep his trustee seat while he ran for mayor was criticized by former Mayor Ron Ghilardi during the campaign, which ended last month when Broda won a resounding victory over the three - term mayor.

In the future, three resolutions proposed by Mathias and adopted by the Buffalo Grove Board of Trustees on Monday may help keep those legal fees down.

I'm humbled by our students» and staff's defiance of the politics of fear, and I would like to thank themand their families, the board of trustees and all friends of AUN, for keeping the AUN dream alive.

With «Connecting the world's 1 % high - achievers» in mind, Luxy's Vouch process keeps to maintain a high level of restriction approved by our committee of trustees.

The exempt property you keep; the nonexempt property is subject to sale by the bankruptcy trustee to satisfy some of the claims of your creditors.

Remember, bankruptcy trustees essentially work for your creditors and make money by keeping 25 % of all the property they're able to sell.

Even if it's worth more, you can still keep your car by paying the difference to the trustee.

The Tate failed to seek permission... The Charity Commission's full recommendations and criticisms, laid out in a lengthy document, also said the Tate failed to manage conflicts of interest... Failed to seek independent valuation of works by artist - trustees... Had no defined policy relating to purchases from artist - trustees... Had insufficiently clear acquisition policies... Kept insufficient records of trustee meetings.»

There are a lot of students and alumni who aren't satisfied by the trustee response, and we will keep pushing Reed to display a fiduciary and moral backbone by divesting from the fossil - fuel industry that is degrading, if not destroying, our future and our children's futures.

In a Chapter 7 bankruptcy, the debtor will be allowed to keep some of his exempt property, but his non-exempt property will be sold by the bankruptcy trustee and the proceeds used to pay his creditors.

This is because pension assets can be subject to special provisions under the Ontario Pension Benefits Act, which keep them exempt from seizure by way of execution, which includes seizure by a bankruptcy trustee.

Minutes of these meetings should be signed by the trustees and kept safe.

The rate of return keeps changing and is decided by the central board of trustees of the fund every year.

Also keep in mind, the borrower has to qualify for this plan and be accepted by the bankruptcy trustee, and after that point they would then have to complete the plan as well.