Sentences with phrase «out of the bankruptcy estate»

The lawyer's fees can be paid out of the bankruptcy estate (that is, whatever the bankruptcy court gets from selling your assets).

The court wants to avoid fraudulent transfers — ways of getting money out of the bankruptcy estate in order to keep it safe from creditors.

That's not surprising, because the debtor is essentially captive, paying legal fees out of the bankruptcy estate that also goes towards repaying creditors.

Not exact matches

Though it had invested $ 12 million in a number of businesses and real estate projects, several were themselves now defunct, and the bankruptcy trustee could not account for another $ 8 million out of the $ 20 million Dexior had raised.

Prior to his current role, Flatt ran the company's real estate operations, including the acquisition out of bankruptcy of Olympia & York in New York in the early 1990s, which became the basis of growth for the property group.

Any alimony or support arrears for the 12 months prior to the date of bankruptcy are considered a preferred claim and are paid out of the proceeds of the bankrupt estate before any other unsecured claims.

I've discussed how to avoid foreclosure and how to avoid bankruptcy in the past, but in some cases, things don't work out too well, and there are people who end up becoming casualties of the real estate bust, credit crisis and weak job market.

If willing, your siblings could buy out your share of the inheritance before you file bankruptcy and before the estate of the deceased is settled.

The mortgage companies going out of business and filing for bankruptcies, excess mortgage brokers and real estate agents adding to the unemployment roster, the previous homeowners of now foreclosed properties attempting to get out of a mountain of debt; these remnants are strewn across the American landscape.

Prior to his current role, Flatt ran the company's real estate operations, including the acquisition out of bankruptcy of Olympia & York in New York in the early 1990s, which became the basis of growth for the property group.

Advisers to Dewey & LeBoeuf's estate are seeking more than $ 14m (# 8.7 m) in fees and expenses for work carried out in the first five months of the defunct US law firm's bankruptcy proceedings, new court filings have revealed.

Understanding the treatment of real estate issues in bankruptcy and the unique aspects of buying assets out of bankruptcy can be invaluable in counseling clients and developing strategies.»

Advisers to Dewey & LeBoeuf's estate are seeking more than $ 14m (# 8.7 m) in fees and expenses for work carried out in the first five months of the defunct US law firm's bankruptcy proceedings, new filings have revealed.

He represents debtors, secured and unsecured creditors, executives, insurers, landlords, estate professionals and other parties in bankruptcy proceedings and out of court restructurings, workouts and other insolvency matters.

Daniel Gershburg has a real estate and bankruptcy practice in transition, so he is trying to figure out what the future of law practice looks like for solo and small - firm lawyers.

Pursuant to s. 102 of the Bankruptcy and Insolvency Act, the trustee in bankruptcy must call a meeting of creditors (note that a trustee in bankruptcy is different than an estate trustee, which is why bankruptcy can be an attractive option to estate trustees who find themselves out of theBankruptcy and Insolvency Act, the trustee in bankruptcy must call a meeting of creditors (note that a trustee in bankruptcy is different than an estate trustee, which is why bankruptcy can be an attractive option to estate trustees who find themselves out of thebankruptcy must call a meeting of creditors (note that a trustee in bankruptcy is different than an estate trustee, which is why bankruptcy can be an attractive option to estate trustees who find themselves out of thebankruptcy is different than an estate trustee, which is why bankruptcy can be an attractive option to estate trustees who find themselves out of thebankruptcy can be an attractive option to estate trustees who find themselves out of their depth).

Currently representing the Lehman Brothers Estate in a multi-billion derivatives dispute against Credit Suisse concerning the close - out of foreign exchange, interest rate and credit default swaps following the Lehman bankruptcy.

They see the landscape of attorneys out there who practice in multiple areas of law handling real estate transactions, bankruptcy, divorce or personal injury along with employment law as a side business.

Our Tax Group helps clients understand and navigate the federal, state, and local tax consequences of their business transactions, including cross-border and domestic mergers and acquisitions, financing and securities transactions, spin - offs and buyouts, purchases and sales of real estate and other property, restructurings in and out of bankruptcy, and capital market transactions.

«We had so many inquiries on this property, but 19 out of 20 had a credit score below 600,» says Rosen, a cobroker - owner with Emporio Casa Real Estate in Shelby Township, Mich. «Many had been foreclosed on or had a bankruptcy in the past year.

Similar to foreclosure prevention loans, DIP loans are used to get real estate out of the jurisdiction of bankruptcy court.

If Jason Fox Real Estate Marketing, or substantially all of its assets, were acquired, or in the unlikely event that Jason Fox Real Estate Marketing goes out of business or enters bankruptcy, user information would be one of the assets that is transferred or acquired by a third party.