Sentences with phrase «not file for bankruptcy»

In certain cases attorneys will advise clients to not file for bankruptcy.

do you want even more credit or do you want to make a sincere effort to pay off the balances at an 8 % interest rate??? and, especially for those who can not file for bankruptcy for whatever reason, these counseling programs might be a Godsend.

But if you can not file for bankruptcy, due to the newly elevated cost or newly complicated documentation requirements, you'll likely end up insolvent — unable to pay your bills, unable to find shelter from creditors through the bankruptcy court, unable to start again.

One thing Troy was careful to note was that 4 Pillars does not file for bankruptcy (or consumer proposals) on clients» behalf, since only Licensed Insolvency Trustees (LIT) can do that, per Canada's Bankruptcy Insolvency Act.

If the couple lives in the same house, the spouse who will file should declare the income of the spouse who will not file for bankruptcy.

The one who did not file for bankruptcy may get pulled into anyway.

But as a protectorate, and not a state, Puerto Rico can not file for bankruptcy and be eligible for a federal stimulus package, according to the Times.

While the US will not file for bankruptcy, many of the opportunities for economic and social mobility of the bottom economic half of the population are being liquidated.

Negotiating lower payment amounts could be, at times, the difference between filing for bankruptcy and NOT filing for bankruptcy.

(One part of the problem is that because of its peculiar status, Puerto Rico can't file for bankruptcy under Chapter 9.)

Your credit score may take a significant hit, but since you can't file for bankruptcy again for years, creditors know you can't use bankruptcy to erase your debts.

The seller hasn't filed for bankruptcy.

Even if she doesn't file for bankruptcy, she may be able to use it as a threat to persuade the company that they should reduce her interest rate to the previously agreed level or to settle for less than the amount owed.

Don't file for bankruptcy and transfer assets out of the business, thinking they will be safe.

This personal bankruptcy story was posted on the internet in January of 2011 as comments in a bankruptcy discussion: «My father still hasn't filed for bankruptcy and hasn't gained employment.

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

«If you can't file for bankruptcy, you're between a rock and a hard place,» said Kevin Weeks, president of the Association of Independent Consumer Credit Counseling Agencies.

A 60 year old senior from Georgia blogged on a bankruptcy forum website today asking the question why shouldn't he file for bankruptcy.

But most firms that find their net worth slouching into, or slouching deeper into negativity don't file for bankruptcy.

It's a student loan so I can't file for bankruptcy, and affording a lawyer is flat out.

If you haven't filed for bankruptcy yet, what are the exemptions and laws in your state that will allow you to keep your home?

The amount of compensation you might receive through a bankruptcy trust fund is usually less than what you might have recovered had the company not filed for bankruptcy, yet it might be your only option for compensation.

Even if you don't file for bankruptcy, the outcome could be similar if you lose your job or experience a business failure.

«We can confirm that any bankruptcy rumors are false, that the company has not filed for bankruptcy protection, and that we continue to meet with potential partners interested in investing in FF,» the spokesperson said.

The outlet also quotes Coincheck as saying, «We are not filing for bankruptcy or anything of this sort.

Not exact matches

And in the same way that a person files for individual bankruptcy — it doesn't mean their life is ending.

He did it in his recent Tesla master plan, referring to the low chance of success he knew he had when starting Tesla by citing the fact that Ford is the only U.S. car company to have avoided bankruptcy — knowledge he didn't have when he launched Tesla in 2003, six years before GM and Chrysler filed for Chapter 11 bankruptcy.

In its most recent earnings report, the company stated that it might not have enough cash to sustain operations, and sure enough in early October it filed for bankruptcy.

However, it required a significant infrastructure deployment of such stations, which A Better Place couldn't afford, and the company filed for bankruptcy in 2013.

As Theranos continues to spiral downward, its investors are now claiming the company threatened to file for bankruptcy protection if they don't give up their rights to sue the startup over its faulty blood - testing business, Bloomberg reported.

Lehman Brothers, then a Wall Street powerhouse, filed for the largest bankruptcy in U.S. history September 15, 2008, after the government led by Treasury Secretary Hank Paulson told Lehman not to expect a bailout.

It didn't help matters that Fisker's battery manufacturer A123, which also borrowed from the same DOE loan program, filed for bankruptcy earlier this year.

If we had we not been there, they would have filed for bankruptcy.

But No Fear just wasn't able to get its claws into enough guys, and the company filed for bankruptcy protection on Feb. 24.

SEOUL, March 27 - General Motors said its loss - making South Korean operations would file for bankruptcy if its union did not agree to cut labour costs by April 20, the union said on Tuesday.

SEOUL, March 27 - General Motors said its loss - making South Korean operations would file for bankruptcy if its union did not agree to cut labor costs by April 20, heaping pressure on workers and the South Korean government to swiftly agree a rescue plan.

«My office will continue to fight for victims» best interests throughout the bankruptcy proceedings, and engage with all parties, including The Weinstein Company and Lantern, in an ongoing effort to advance the principles we set forward when we filed our complaint: ensuring that victims are compensated, employees are protected moving forward, and perpetrators and enablers of abuse are not unjustly enriched,» he said.

Even if you're not planning to file for bankruptcy, you may be surprised how the new law impacts your biz.

You can't really judge Detroit, which filed for Chapter 9 bankruptcy protection on Thursday, as a business.

Even if you're not planning to file for bankruptcy, you may be surprised how the new law impacts your business.

Broadcasters weren't happy, the company got sued, and ultimately Aereo lost the case in the Supreme Court and filed for bankruptcy.

It's not unusual for bankrupt retailers to ultimately liquidate, but Toys «R» Us took an optimistic stance when it filed for bankruptcy in September.

Although a corporate bankruptcy filing often indicates that a business is in a perilous financial condition, it doesn't necessarily sound the death knell for that business.

Snellenbarger said he and his co-workers had discussed a sale before the company filed for bankruptcy with several other buyers, a number of which said that they would not want to make the first offer, but would participate in the auction later.

The company will file a motion for the liquidation in bankruptcy court, according to the person, who asked not to be identified because the announcement isn't yet public.

He lost the Plaza, the yacht, and the airline, and the casinos filed for bankruptcy — but he himself didn't, as he reminds his crowds on the campaign trail.

As counsel for the buyer, the length of time that a bankruptcy would have required was not necessarily something my client had an appetite for, and I'm not sure that this seller had the resources to go through a bankruptcy filing.

WASHINGTON — The day after Lehman Bros. filed for bankruptcy in September 2008, Federal Reserve policymakers hadn't yet grasped the scope of the financial storm blowing overhead.

Also, your interest rate may be lower than your loans (depending on whether your loan is public or private), and you can file bankruptcy on a HELOC should you get in financial trouble which isn't as easy for a student loan.

Fade out: After a last - ditch effort to sell itself failed, Weinstein Co. filed for Chapter 11 bankruptcy, and it wasn't a pretty picture.