Sentences with phrase «people file for bankruptcy protection»

The reason people file for bankruptcy protection is to get a fresh financial start while protecting what assets they can.
When a person files for bankruptcy protection, he or she does so individually.

Not exact matches

Gawker Media founder and CEO Nick Denton will file for personal bankruptcy protection as early as Monday after losing a fight in a Florida court for a shield against a judgment in a breach of privacy case involving professional wrestler Hulk Hogan, according to a person familiar with the matter.
The archdiocese filed for bankruptcy protection last year in the face of lawsuits from people who said they had been abused by its priests.
But Dade wound up laying off more than 1,600 people and filed for bankruptcy protection in 2002, amid crushing debt and rising interest rates.
1) Seller takes out a home equity loan on the property 2) Decides to sell the house to another person 3) Files for bankruptcy protection (if he does makes sure he excludes the property) If the seller has a current mortgage on the house we recommend financing the property in your name with a lender within two years.
Most people know that there is the potential for losing some of his or her assets by filing for bankruptcy protection.
Almost nothing can prevent a person from exercising his or her ability to file for bankruptcy protection.
The Protection Bureau says people should immediately contact their lender to request that the co-signer be released from the loan if he or she has passed away or has decided to file for bankruptcy.
In 2005, a law was changed to make it harder for people to file for bankruptcy protection from their creditors.
If you suddenly increase your contributions, or try to transfer your assets to another person, business, or trust just before filing for bankruptcy protection, you will get into big trouble — and your assets may not be protected after all.
Everyday, people decide to file for bankruptcy protection to protect their assets and get real relief from overwhelming bills.
Filing for bankruptcy protection can help many people get out of debt; but filing bankruptcy isn't the right move for eveFiling for bankruptcy protection can help many people get out of debt; but filing bankruptcy isn't the right move for evefiling bankruptcy isn't the right move for everyone.
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