Sentences with phrase «on your bankruptcy case»

These laws are known as exemption laws and they can have a big impact on your bankruptcy case.
For a start, these lenders want to see details on the bankruptcy case, and any related documentation.
In many cases, what you do prior to filing bankruptcy may not have a direct impact on your bankruptcy case.
It can also halt foreclosure proceedings and debt - related lawsuits, giving you breathing room from creditors and time to focus on your bankruptcy case.
Although there initial focus is on hosting / managing documents on bankruptcy cases, it was mentioned that they may be developing capacity / technology / procedures to do similar work on all types of court files.

Not exact matches

«The fact that you have a bankruptcy where the only asset that it owns goes up by 5,000 %, that's pretty unprecedented,» says Daniel Kelman, a lawyer and Mt. Gox creditor who spent a year in Tokyo working on the case.
Grossberg adds that her bankruptcy business has slowed so much that she has been forced to take on other kinds of legal work — landlord - tenant and housing discrimination cases — to cover her own bills.
He went on to win the case, and Gawker declared bankruptcy as a direct effect of the monetary loss from the case.
While student loan debt currently is difficult to discharge in bankruptcy — you must prove undue hardship — most other consumer debt is fair game for either eliminating or negotiating a lower payback amount, depending on the specifics of your case.
The trustee and the mortgage holder in the case are working on an agreement that may pave the way for the bankruptcy to be completed.
At one point, according to testimony in Lehman's bankruptcy case, Lehman Chief Executive Officer Richard Fuld considered asking Bush to have his brother, President George W. Bush, intervene on the company's behalf with the British government, which was blocking a potential merger with a British bank.
The families» lawyers contend that the bankruptcy will ultimately have little influence on the case's viability.
The UCC - 1 protects the interests of the lender in the case of borrower default or bankruptcy, in which said asset (s) would be foreclosed on, seized or sold off.
The conversation touched on the sensational case that brought Gawker into bankruptcy and ultimately a sale to Univision, First Amendment rights and the media landscape under Trump.
Undue hardship is a subjective term determined on a case - by - case basis in bankruptcy court.
In this case, people were being put on auto default because their co-signer couldn't pay for various reasons, commonly extreme ones like bankruptcy, death, or other issues.
On the other hand, according to the Measures for the Administration of Securities Investor Protection Fund 《 證券投資者保護基金管理辦法 》, the functions of China Securities Investor Protection Fund (CSIPF, 中國投資者保護基金) include «indemnifying creditors as required by China's relevant policies in case a securities company is subjected to compulsory regulatory measures including dissolution, closure, bankruptcy and administrative takeover by China Securities Regulatory Commission (CSRC) and custodian operation» or «other functions approved by the State Council».
Then there's a bit about how the «incentive program» in Alpha's plan is based on metrics so easily met that it functions as «a disguised retention program,» which is «prohibited in bankruptcy cases absent extremely specific and unusual circumstances that do not exist here.»
A look at a budget filed with the court shows that in addition to the mundane cost of keeping the lights on at an office and paying healthcare costs, roughly half of this money will go to the ongoing legal costs of both the company's bankruptcy proceedings and its work on the Section 201 case.
The bankruptcy was announced on the same day New York Gov. Andrew Cuomo directed Schneiderman to review the Manhattan district attorney's handling of a 2015 sexual abuse case involving Weinstein.
In most cases the business won't succeed, they will call it a failure, write a blog post on how educational failure is, fill in for bankruptcy and move on the next adventure.
In case you haven't been paying attention to what's been going on over at Relativity Media, I'll give you the short version — they're scrambling to release their slate of films while in the midst of bankruptcy, now replacing Mike Flanagan's Before I Wake with the D.J. Caruso - directed The Disappointments Room, which was originally going to see a release -LSB-...]
In case you haven't been paying attention to what's been going on over at Relativity Media, I'll give you the short version — they're scrambling to release their slate of films while in the midst of bankruptcy, now replacing Mike Flanagan's Before I Wake with the D.J. Caruso - directed The Disappointments Room, which was originally going to see a release in November.
If B&N gave up on the ebook market, they would be giving up on the future of books, in which case they might as well just file for bankruptcy now, because in the long run, paper books are dead weight.
A bankruptcy will stay on your credit report for seven years in the case of Chapter 13 bankruptcy or 10 years in the case of Chapter 7 bankruptcy.
In this case, you either have to pay the debt off including all interest and late fees incurred, wait for the statute of limitations to expire on unsecured debt or claim bankruptcy to get rid of the debt.
Bankruptcy will not normally wipe out: (1) money owed for child support or alimony, fines, and some taxes; (2) debts not listed on your bankruptcy petition; (3) loans you got by knowingly giving false information to a creditor, who reasonably relied on it in making you the loan; (4) debts resulting from «willful and malicious» harm; (5) student loans owed to a school or government body, except if the court decides that payment would be an undue hardship; (6) mortgages and other liens which are not paid in the bankruptcy case (but bankruptcy will wipe out your obligation to pay any additional money if the property is taken back by the Bankruptcy will not normally wipe out: (1) money owed for child support or alimony, fines, and some taxes; (2) debts not listed on your bankruptcy petition; (3) loans you got by knowingly giving false information to a creditor, who reasonably relied on it in making you the loan; (4) debts resulting from «willful and malicious» harm; (5) student loans owed to a school or government body, except if the court decides that payment would be an undue hardship; (6) mortgages and other liens which are not paid in the bankruptcy case (but bankruptcy will wipe out your obligation to pay any additional money if the property is taken back by the bankruptcy petition; (3) loans you got by knowingly giving false information to a creditor, who reasonably relied on it in making you the loan; (4) debts resulting from «willful and malicious» harm; (5) student loans owed to a school or government body, except if the court decides that payment would be an undue hardship; (6) mortgages and other liens which are not paid in the bankruptcy case (but bankruptcy will wipe out your obligation to pay any additional money if the property is taken back by the bankruptcy case (but bankruptcy will wipe out your obligation to pay any additional money if the property is taken back by the bankruptcy will wipe out your obligation to pay any additional money if the property is taken back by the creditor).
If you don't make your payments on that debt, the creditor may be able to take and sell the home or the property during or after the bankruptcy case.
Before you file a bankruptcy case, you are required by the new law to have a one - on - one session with a government - approved credit counselor who will help you find other options besides filing bankruptcy.
However, many attempt filing bankruptcy on their own and do not succeed and find their cases dismissed.
If your debt was discharged in a Title 11 bankruptcy proceeding, such as a Chapter 7 or Chapter 13 case, you're not responsible for taxes on that debt.
If you own common stock, it gives you voting rights, usually, and a right to profits distributed; whereas with preferreds I believe you don't have voting rights but are higher up on the payout scale (in case of bankruptcy, etc., you'd be paid before the common stock holders).
Bankruptcies tend to vary greatly between individuals and situations, and while the above lengths of time that a bankruptcy remains active on a credit report are considered the general rule, there are many cases of the bankruptcy record dropping off much sooner, sometimes within only 2 - 3 years.
Under the Chapter 7, the bankruptcy court orders an appointed case trustee to sell your properties and distribute the proceeds to your creditors based on the priorities established in the Code.
In most cases, a lender might focus on reflags on your credit profile like bankruptcies and consecutive late payments.
Expect to pay at around $ 1,000 on average to have an attorney handle your bankruptcy case.
You're most likely to win your bankruptcy case if you have an experienced bankruptcy lawyer on your side.
In the worst - case scenario, of your company so dependent on an employee that it could potentially go out of business if they were to die, key man life insurance can also provide an alternative to declaring bankruptcy.
If it's really the case that 2 / 3rds of the cheapest price to book stocks go under then screening out those bankruptcy candidates by simply insisting on a tiny debt to equity ratio would have a powerful effect on your portfolio.
Whether you plan on paying for your new vehicle in cash or applying for a loan, it's best to wait until your bankruptcy is dismissed and your case has been closed.
Automatic stay refers to the order that prevents your creditors from making pursuits while you're on with the bankruptcy case.
In that case, while they may be listed as a debt on your bankruptcy filing, there isn't much of a need since the lender can no longer sue you or garnish your wages over those debts.
In those cases — and if you are current on payments — you can surrender the property to pay off creditors; reaffirm the debt and continue to pay it after the bankruptcy; or redeem it by paying the creditor the replacement value of the property.
The majority of bankruptcy cases are very simple and you might even be able to do it on your own.
You can, although you should be aware that bankruptcy will show on your credit report, which may increase your premiums and in some cases, may cause you to be denied for certain policies.
One of the themes we try to emphasize on this forum is that no two bankruptcy cases are identical.
Almost every person our Law Firm represents in a bankruptcy case, if they are homeowners, are also obligated on a mortgage with a bank or mortgage company.
There's a limit to this, though — if the car was purchased within 910 days of filing your bankruptcy case then you can't strip the lien on the car.
... all payments made or property transferred by or on behalf of the debtor to any persons, including attorneys, for consultation concerning debt consolidation, relief under the bankruptcy law, or preparation of a petition in bankruptcy within one year immediately preceding the commencement of this case.
Paragraph (8)[enacted as (9)-RSB- excepts from discharge debts that the debtor owed before a previous bankruptcy case concerning the debtor in which the debtor was denied a discharge other than on the basis of the six - year bar.
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