Sentences with phrase «of a bankruptcy petition»

The filing of the bankruptcy petition with the court immediately freezes a foreclosure proceeding.
Have a copy of your bankruptcy petition ready, and add it to your credit report and bankruptcy discharge documentation.
Also, ask for a copy of your file, including electronic copies of any relevant documents which can include a draft of your bankruptcy petition.
She will ensure that you are fully prepared for your hearing so that you can answer questions directly and honestly in support of your bankruptcy petition.
Because all debts and assets must be disclosed when you file for bankruptcy, back taxes are a debt owing and are automatically included upon the filing of the bankruptcy petition.
The applicable student loan debt service threshold is 20 % — which means that for purposes of her bankruptcy petition, the maximum amount this debtor could dedicate to student loan payments for the year in question is $ 2,441 ($ 203.41 per month), or 6 % of her gross income.
Dunbar Assets plc v Fowler [2013] BPIR 46 - Joseph Curl of 9 Stone Buildings represented the successul lender in what appears to be the only reported case on the significance of delay between the issue of a statutory demand and presentation of a bankruptcy petition.
A claim for solicitors» fees not yet judicially assessed or determined is not a claim for a liquidated sum which can be the subject of a bankruptcy petition under s 267 of the Insolvency Act 1986.
Most Chapter 7 debtors receive their discharge about four months after the filing date of the bankruptcy petition.
In this episode of Legal Bits, we highlight a group of Robin Hoods fending off the meter maid, the growth of pro se litigation in Canada, and one man's abuse of bankruptcy petitions to keep a house over his head.
Back in the old days we used to make five photocopies of a bankruptcy petition (one for our files, one for the Trustee, one for the US Trustee, one for the national archives, and one for the court) and then rush to the federal courthouse to file the case before a garnishment or foreclosure took place.
For example, users can ask ROSS, «In New York, is the filing of a bankruptcy petition solely for the purpose of restructuring a lease or rejecting a lease a bad faith filing after 2008?»
If you have a surcharge assessment and have filed for bankruptcy, a copy of your bankruptcy petition needs to be forwarded to the Surcharge Administration Office, P.O. Box 136, Trenton, NJ, 08666 or faxed to (609) 633-8273.
The applicable student loan debt service threshold is 20 % — which means that for purposes of his bankruptcy petition, the maximum amount this debtor could dedicate to student loan payments for the year in question is $ 6,441 ($ 536.75 per month), or about 11 % of his gross income.
Yarwood v Yarwood's Trustee in Bankruptcy [2010] EWHC 2272 (Ch); [2010] 3 F.C.R. 311; [2010] B.P.I.R. 1443; (2010) 154 (36) S.J.L.B. 33; [2010] N.P.C. 93 A claim to set aside a transfer of property pursuant to an agreement made as part of an ancillary relief claim prior to the presentation of a bankruptcy petition but performed after the petition was presented.
As a matter of principle, a claim for solicitors» fees not as yet judicially assessed or determined was not a claim for a liquidated sum which could be the subject of a bankruptcy petition, even if the period for challenge under the Solicitors Act 1974 had expired.
After conferring with a bankruptcy attorney to determine your exemptions, you will undergo mandatory credit counseling, followed by the formal filing of your bankruptcy petition.
The case begins with the filing of a bankruptcy petition and additional documents called «schedules.»
The purpose of the bankruptcy petition is to allow the United States Bankruptcy court to properly assess the debtor's ability to file bankruptcy.
or during the five - year period preceding the filing of the bankruptcy petition, the debtor was not enrolled in school and had a gross income of less than 200 percent of the official poverty guideline during each of those five years.
Upon the filing of a bankruptcy petition, the automatic stay provisions of the Bankruptcy Code prevent creditors from any further contact with the debtor.
Government guaranteed student loans can not be discharged in bankruptcy unless, (A) more than seven years has elapsed between the time the loan first became due and the filing of the bankruptcy petition; or» (B) excepting such debt from discharge... will impose an undue hardship on the debtor and the debtor's dependents.»
The applicable student loan debt service threshold is 20 % — which means that for purposes of her bankruptcy petition, the maximum amount this debtor could dedicate to student loan payments for the year in question is $ 4,733 ($ 394.41 per month), or about 12 % of her gross income.
This part of the code states that all attempts by creditors to collect debts incurred prior to the filing of a bankruptcy petition must stop immediately upon the commencement of a bankruptcy case.
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