Prior to filing, Attorney Williams will conduct a liquidation analysis to ensure that your assets will be
protected by the exemptions that are available to you under the bankruptcy laws.
Also known as «judgment proof», this term is applied to people or businesses with property of minimal value, which can be entirely
protected by exemptions.
If you file after the first of the year, the trustee may be entitled to the entire tax refund if it is not
protected by an exemption.
Depending on the assets that you have, the bankruptcy exemptions may only protect a portion of the tax refunds; therefore, you will lose the portion that is not
protected by the exemption.
If you file your case prior to the end of the calendar year, the trustee is only entitled to a pro-rata share of the anticipated tax refunds based on your filing date, provided the tax refund is not
protected by an exemption.
The amount of information deleted shall be indicated on the released portion of the record, unless including that indication would harm an interest
protected by the exemption in this subsection under which the deletion is made.
Not exact matches
These amendments were, as a whole, intended to ensure that retirement investors would consistently be
protected by Impartial Conduct Standards, regardless of the particular
exemption upon which an investment advice fiduciary relies.
Confusing matters is that a number of
exemptions were phased into the law that
protect email exchanges between businesses, emails
by charities and political parties for fundraising purposes, the first email sent after a third - party referral and emails in response to consumer complaints or inquiries.
The bills proposed Friday
by lawmakers would also create
exemptions from the state's public - records law to
protect the privacy of victims and provide money to raze and reconstruct the building where the shooting occurred.
-- MF] undermining efforts to uphold one man - one woman marriage
by focusing on
exemptions for religious groups as a way to
protect religious freedom?
The religious
exemption language has been a line in the sand for fence - sitting Republican Senate lawmakers who say the original bill introduced
by Gov. Andrew Cuomo doesn't go far enough to
protect insitutions like Catholic Charities.
That's in part because the identity of the chemicals used
by the gas industry for drilling and fracturing are
protected as trade secrets, and because the EPA, based on an
exemption passed under the 2005 Energy Policy Act, does not have authority to investigate the fracturing process under the Safe Drinking Water Act.
Universities generally believed them covered
by the student
exemption that
protects earnings from certain kinds of campus jobs.
The Freedom of Information Act (FOIA) is a Federal law that gives you the right to access any U.S. Department of Transportation (DOT) records unless DOT reasonably foresees that the release of the information in those records would harm an interest
protected by one or more of the nine
exemptions (such as classified national security, business proprietary, personal privacy, investigative documents) or release is prohibited
by law.
Another
exemption often used
by agencies is that which
protects information that would identify a confidential source.
If you make sure that you have an accurate value for your assets, then it will be close to what a trustee could get
by selling them and your attorney can claim the correct
exemptions and
protect your assets.
When determining if your residence is
protected by the Ohio homestead
exemption, it is important to remember that the law applies to your primary residence only — investment property is not
protected.
Exemption laws have been enacted
by every state as well as the federal government to
protect the property of debtors against the claims of judgment creditors and, once a bankruptcy case is filed, the trustee.
Furthermore, IRAs and Roth IRAs are also
protected by the federal non-bankruptcy
exemptions up to the amount of $ 1,171,150.
In a chapter 7 case, the bankruptcy court appoints a trustee to examine the debtor's assets to determine if there are any assets not
protected by available «
exemptions».
By moving cash into a Roth IRA, you wouldn't need to use your valuable wildcard
exemption on the cash, but could use the retirement
exemption to
protect the Roth IRA.
Assuming that Larry and Penny get $ 1.2 million in 2015 dollars for their business, and that they can shelter it
by dividing it in half and
protecting the taxable gain over their adjusted cost base of $ 350,000 for each partner, then the present federal capital gains
exemption would mean that they have no tax to pay on the sale.
Assets are
protected by using bankruptcy
exemptions.
While many states have very generous homestead
exemptions which allow property owners to
protect the equity in their homes, unfortunately, the
exemptions offered
by states differ significantly.
This reporting requirement will now apply to every property sold in Canada, even if the entire gain is fully
protected by the principal residence
exemption.
This reporting requirement will now apply to every property sold in Canada 2016 and onwards, even if the entire gain is fully
protected by the principal residence
exemption.
Some of your income — such as the amounts
protected by your personal and any dependent
exemptions and your standard or itemized deductions — is not taxed at all.
The magnificent American Eagle is supposed to be
protected, but here we have a case where a «sweetheart» (and lousy) energy source favored
by government is allowed an
exemption to the rule that it does not deserve.
The Digital Millennium Copyright Act (DMCA), its
exemptions, and the fair - use clause of Title 17 Chapter 1 Section 107 of the US Code clearly provide methods
by which an individual may use copyrighted material, even if that material is
protected by Digital Rights Management (DRM).
However, most people who are eligible to file for Chapter 7 have little to no property that isn't
protected by the state
exemptions.
While the Supreme Court of Canada rejected the approach taken
by a majority of the BC Court of Appeal that the doctrine of interjurisdictional immunity
protected InSite as a creation of the province's purported «core» legislative power over health issues — the SCC could not identify a «core» power over health exclusive to provinces, found that the ousting of criminal law from the domain of health could potentially create problematic «legal vacuums», and that the CDSA as a whole was still valid and applicable legislation — the Minister's decision to deny an
exemption to InSite violated the claimants» section 7 Charter rights.
§ 58-1-501 (1)(a) and 58-67-501) in most jurisdictions and is not
protected by the privileges afforded to people practicing medically within the scope of their license (e.g. an
exemption from laws criminalizing contact with intimate parts when done for medical purposes).
In addition, three new classes of works received
exemptions: audiovisual works in a university film archive; firmware on mobile telephone handsets; and sound recordings on CDs
protected by access controls that create security vulnerabilities.
The announcement renewed three
exemptions granted in prior rulemakings: computer programs
protected by obsolete dongles; computer programs and video games distributed in obsolete formats; and eBooks with disabled read - aloud functions.
This balance is reflected, for example, in section 41 of the BC human rights code and section 18 of the Ontario human rights code, which provide
exemptions from human rights legislation for certain organizations whose mandate includes serving a group identified
by a
protected grounds, including a particular religious group.
FIPPA also requires legal expertise, as each line and page of a record must be reviewed
by the hospital for applicable legal
exemptions that
protect important interests such as patient privacy, solicitor - client privilege, or proprietary rights prior to release to a requester.
As the Court notes in its opinion, historical acceptance alone would not have served to validate the tax
exemption upheld in Walz, because «no one acquires a vested or
protected right in violation of the Constitution
by long use.»»
Courts have created exceptions to the homestead
exemption, and so the question before the court was whether the girlfriend's condominium was
protected by the Florida homestead
exemption.