Not exact matches
At a higher, almost philosophical level, the government wants to disrupt the long - standing mechanics that enable a small business to both get through challenging
times without resorting to layoffs or
bankruptcy, and then reap their rewards during those precious, and
often short, «good years.»
Filing a consumer proposal the second
time around is
often better than a repeat
bankruptcy because:
A consumer proposal and / or a
bankruptcy often run for many years and if you aren't comfortable with your trustee at the outset then it is unlikely you will become more comfortable with them over
time.
The
bankruptcy discharge is a last resort because
often times private lenders refuse to offer an affordable payment.
While you can file
bankruptcy as many
times as you like, you can only receive a discharge every so
often.
Often times these two factors combined create an almost impossible mountain to climb without the help of
bankruptcy.
Understanding homestead exemption in
bankruptcy can
often be confusing to most laymen facing
bankruptcy for the first
time.
The answer for the right
time to file
bankruptcy is more
often now, rather than later.
As for keeping a credit card, I get asked this question most
often if people have points they have accumulated on the card and they owe no money on the card at the
time of the
bankruptcy or proposal.
And
often if you're in financial trouble, you can see it coming, so one of the first things you do is stop contributing to your RRSP, so it's pretty common by the
time you get to the
bankruptcy that you haven't been contributing for the last year anyways.
We are dedicated to both beginning and finishing the
bankruptcy process as quickly as possible —
often completing the worksheet in less than an hour and providing a consultation in as little as 45 minutes, so you can decide if this is the right choice for you without wasting any
time.
Bankruptcy alternatives often times offer better ways out than filing b
Bankruptcy alternatives
often times offer better ways out than filing
bankruptcybankruptcy.
This is
often the case when people talk to a
bankruptcy trustee for the first
time.
So
often times that client is going to opt for
bankruptcy because typically they're low income and they're not able to pay much more than just what a minimum fee
bankruptcy would cost which is usually about $ 200 a month over a period of nine months but the odd
time the consumer really wants to do a proposal, the age range is pretty dramatic.
Often times when a consumer is shopping a
bankruptcy attorney they will google the lawyer or the firm's name.
Often, if the issue is addressed ahead of
time, these 1099 - C forms can be avoided, or you can have the tax on them included as part of your overall
bankruptcy proceeding.
Though bad debts fall, lawsuits over collection practices rise — Consumers are paying credit card bills on
time more
often and filing fewer
bankruptcies, so why are lawsuits over debt collection soaring?
In Chapter 13
bankruptcy, individuals are
often able to halt foreclosure proceedings and other collection efforts and create a plan to repay debts over
time.
The other type of personal
bankruptcy, Chapter 13
bankruptcy, is
often referred to as «reorganization»
bankruptcy because it gives filers
time to catch up on their debts.
Bankruptcy often provides relief to those who've been affected by divorce, job loss, identity theft, excessive medical debt, disability or to those who've had a hard
time juggling high interest rates and late fees.
Often times because they are in a panic to save their home a homeowner will file for
bankruptcy protection without thinking of the consequences.
The
timing of
bankruptcy is key and is
often the deciding factor on whether you will get something or nothing from a spouse...
From a practical perspective the four main difficulties are that (1) people convicted of crimes
often lack the income or assets to pay judgments, (2) there are double recovery issues involved in reconciling restitution awards in a criminal case (where the measure of damages is narrower) and damage awards in a civil case (where the measure of damages is broader), (3) there are priority issues involved in reconciling criminal awards for fines, restitution and costs, in each case with civil awards for damages, and (4) if the defendant declares
bankruptcy, the non-dischargeability of the civil judgment must be affirmatively raised and proved (
often this is elementary but there are strict
time limits) in the
bankruptcy proceeding.