Sentences with phrase «prohibited by bankruptcy law»

Payments to insiders are called preference payments and they're prohibited by bankruptcy law.

Not exact matches

By contrast, the moment you file for Chapter 7 bankruptcy or Chapter 13, your creditors are generally prohibited, by law, from taking any legal actions against yoBy contrast, the moment you file for Chapter 7 bankruptcy or Chapter 13, your creditors are generally prohibited, by law, from taking any legal actions against yoby law, from taking any legal actions against you.
Section 526 (a)(4), as written, prevents attorneys from fulfilling their duty to clients to give them appropriate and beneficial advice not otherwise prohibited by the Bankruptcy Code or other applicable law.
«Forcing a debtor into bankruptcy as a means of trying to collect on a debt is prohibited by federal law,» said Brandon bankruptcy lawyer O. Reginald Osenton.
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