Sentences with phrase «properties under chapter»

Thereafter, the contractor recorded a construction lien against the property under Chapter 713, Florida Statutes, and filed suit.

Not exact matches

Until recently, the 34 - acre property was part of Tropicana Entertainment, a former division of U.S. billionaire Bill Yung?s hospitality empire, which filed to restructure under Chapter 11 provisions of the U.S. Bankruptcy Code in 2008.

You may not file under any chapter if within the preceding 180 days you had a prior bankruptcy petition dismissed due to your willful failure to appear before the court or comply with court orders, or was voluntarily dismissed after creditors sought relief from the bankruptcy court to recover property on which they hold liens.

And, unless you have an acceptable plan to catch up on your debt under Chapter 13, bankruptcy usually does not allow you to keep property when your creditor has an unpaid mortgage or security lien on it.

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.

Also you know that unless you have a plan that is approved to catch up on your debt under a Chapter Thirteen, then the bankruptcy will not usually allow you to keep property when your creditor has an unpaid security lien or mortgage on it.

In situations where a borrower is underwater on their mortgage, the amount of the debt that exceeds their property value is treated under the Bankruptcy Code as unsecured, often paid at much less than 100 % under the terms of a chapter 13 plan.

For more information about identifying securities you sell, see Stocks and Bonds under Basis of Investment Property in chapter 4 of Pub.

When a Chapter 7 case is filed, all of the debtor's property is temporarily under supervision of the bankruptcy court and a case trustee.

Some of these people have found relief without losing their property by filing for Chapter 7 bankruptcy, which is detailed under Title 11 of the U.S. Code.

Generally, those who file Chapter 7 keep all of their property except property which is very valuable or which is subject to a lien that they can not get rid of under law or can not afford to pay.

A debtor can not file under chapter 12 (or any other chapter) if during the preceding 180 days a prior bankruptcy petition was dismissed due to the debtor's willful failure to appear before the court or comply with orders of the court or was voluntarily dismissed after creditors sought relief from the bankruptcy court to recover property upon which they hold liens.

Filing Chapter 7 or Chapter 13 Bankruptcy does not discharge all debts including student loans, current tax obligations, debts from willful and malicious injuries to persons or property, debts for personal injuries caused from the debtor's operation of a motor vehicle while under the influence of alcohol or drugs, debts from fraudulent actions, Debts that were not included in the bankruptcy schedules in time to allow creditors to file proofs of claim (unscheduled debts), and child support or spousal support.

Be sure to note that under a Chapter 7 bankruptcy, most debtors keep their property — so your assets most likely will be protected.

Some properties are exempt from seizure under Chapter 7, though the specifics of exemption are complex.

Therefore, if a mortgage debt is canceled under Chapter 7, the lending agency may have the right to seize the mortgaged property in exchange for the discharged debt.

(II) any additional payments to secured creditors necessary for the debtor, in filing a plan under chapter 13 of this title, to maintain possession of the debtor's primary residence, motor vehicle, or other property necessary for the support of the debtor and the debtor's dependents, that serves as collateral for secured debts;

Also, unless you have an acceptable plan to catch up on your debt under Chapter 13, bankruptcy usually does not allow you to keep property when your creditor has an unpaid mortgage or security lien on it.

Under Chapter 7, some of your non-exempt assets may be sold to pay off your debts, while other property is protected (exempt) and can't be sold (what property is exempt versus non-exempt depends on both state and federal law).

(e) This section is intended to confirm and clarify existing law that none of the provisions of this chapter, other than the provisions of subdivision (1) of Section 5 -19-1 and Section 5 -19-3, apply to any transaction that is not a consumer transaction, or, where provided in subsection (a) to any transaction involving an interest in real property, whether or not a consumer transaction, to any transaction of a trust institution described in subsection (a), or to any municipal pension system created under the laws of the State of Alabama described in subsection (a).

(a) The provisions of this chapter, except the provisions of subdivision (1) of Section 5 -19-1 and Section 5 -19-3, shall not apply (i) to any consumer credit transaction or other transaction involving an interest in real property or the sale, lease, or mortgage of an interest in real property where the creditor is an approved mortgagee under the provisions of the National Housing Act irrespective of

Filing for bankruptcy under Chapter 13 allows people with a steady income to keep property, like a mortgaged house or a car, that they might otherwise lose through the Chapter 7 bankruptcy process.

Under Chapter 7, you'll surrender all of your non-exempt property to the Bankruptcy Trustee.

Chapter 13 bankruptcy is used when there is property they may want to keep like a mortgage that is about to be foreclosed on or other assets that would be liquidated under chapter 7 bankChapter 13 bankruptcy is used when there is property they may want to keep like a mortgage that is about to be foreclosed on or other assets that would be liquidated under chapter 7 bankchapter 7 bankruptcy.

(d) Â Â Â The conditions under which the animal is kept and maintained which could contribute to, encourage, or facilitate aggressive behavior, such as, but not limited to, allowing the animal to run at large, tethering in excess of legal limits as defined in this chapter, physical property conditions, presence of young children, the elderly, or infirm within or residing near the home, any past violations of this chapter, and / or failing to provide proper care, food, shelter, or water.

Under Massachusetts General Laws, Chapter 90, Section 24, it is illegal for someone not to stop and provide his or her information following a motor vehicle collision in Massachusetts where there is property damage or personal injury.

We have represented secured and unsecured creditors, creditors» committees, state regulatory agencies, financial institutions, lessors of both real and personal property, asset purchasers in sales under Section 363 of the Bankruptcy Code, and bondholders» interests in many cases, including large, complex Chapter 11 cases.

Sometimes, this can be referred to as a «mini Chapter 11 ″ because you typically repay something to your creditors and retain your property and make payments under a bankruptcy plan.

Book Chapter Author, «The Evolution of United States Patent Law Under the America Invents Act,» Intellectual Property Law 2013 Aspatore Thought Leadership series, March 2013

Under Chapter 13 bankruptcy you may be able to keep most of your property and work out a debt repayment plan to catch up on past due debts.

If you own a multi-family home under a Chapter 13 bankruptcy you can have the court deem the loan secured up to the fair market value of the property.

Debtors who file for bankruptcy under Chapter 13 typically own more property and have some income.

For people who have fallen behind on their bills but have regular income, filing bankruptcy under Chapter 13 may allow the breathing room they need to get back on track with their payments and keep their property.

Property Maintenance - Chapter 831 Heat in Rented Dwellings a 730k Adobe PDF file Timmins is 21C (70F) year round under Section 2.7 of the Maintenance and Occupancy By - Law 98 - 5118.

The far from straightforward case - law on the distinction between matrimonial and non-matrimonial property and its treatment in the judicial search for a fair outcome in the exercise conducted under s 25 of the Matrimonial Causes Act 1973 is carefully and clearly analysed in Chapter 5.

Article IV of chapter 1 of Part the Second of the Constitution is hereby amended by inserting after the words «and to impose and levy proportional and reasonable assessments, rates and taxes, upon all the inhabitants of, and persons resident, and estates lying, within said Commonwealth» the words: -, except that, in addition to the powers conferred under Articles XLI and XCIX of the Amendments, the general court may classify real property according to its use in no more than four classes and to assess, rate and tax such property differently in the classes so established, but proportionately in the same class, and except that reasonable exemptions may be granted.

Chapter 7 considers the lack of protection afforded under current intellectual property laws such as copyright and patenting and considers the need for the development of a mechanism which provides protocols around the use, access, and ownership of Indigenous knowledge's that includes a protection regime.

If you put a property under contract in Florida and then advertise the house without owning it, yes, you could face fines of $ 5000 per chapters 475 and 455.

(b) After a tenant exercises an option to purchase leased property under a residential lease described by Subsection (a), Chapter 92 no longer applies to the lease.

The Commission found that Mr. Duff assisted in the procuring of a prospect and negotiation of a transaction, which was calculated to result in the sale of a property, wrote a sales contract for the parties, and intended or expected to receive compensation or other valuable consideration for the above conduct, while not licensed under Chapter 4735.

The Commission found that Mr. Agarwal agreed to negotiate and negotiated a potential purchase of property, agreed to list and listed, agreed to offer and offered a property for sale, advertised and held himself out as engaged in the business of selling real estate, directed and assisted in the procuring of prospects and in the negotiation of a transaction which was calculated to result in the sale of a property and intended or expected to receive compensation or other valuable consideration for the above conduct, while not licensed under Chapter 4735.

The Commission found that Mr. Zuren, when in expectation of collecting a fee, commission or other valuable consideration, held itself out as engaged in the business of selling real estate in a publication and offered or attempted to offer, listed or attempted to list 20 real estate properties in the publication, without first being licensed under Revised Code Chapter 4735.