Sentences with phrase «seek federal bankruptcy»

DETROIT - Gov. Rick Snyder today authorized Detroit's emergency manager to seek federal bankruptcy protection for the city, saying it was the only viable option to provide the 700,000 people of Detroit with the public services they need and to restore the city.

Not exact matches

Cambridge Analytica said it has filed papers to begin insolvency proceedings in the U.K. and will seek bankruptcy protection in a federal court in New York.
Cambridge Analytica said it has filed papers to begin insolvency proceedings in the U.K. and will seek bankruptcy protection in a federal court in New...
And beyond that, even if the group is able to negotiate deals with a majority of the creditors, it is expected that Puerto Rico will still need to seek federal support to give the island a way to restructure the bonds through Chapter 9 bankruptcy laws.
A decade later, when the state sought to tighten fiscal oversight over the district, the OPSB balked, despite having lost track of millions of federal dollars and facing bankruptcy.
To learn more about bankruptcy and other debt - relief options, seek advice from a local credit counselor or read the Federal Trade Commission's informational pages.
The US federal bankruptcy reform of 2005 requires that any individual filing for bankruptcy, or seeking final discharge from Chapter 13 bankruptcy, must first obtain credit counseling.
Hopefully this research of the 2012 federal loan data will assist bankruptcy attorneys to develop a streamlined path to seek a full discharge of federal student loans in medical hardship cases.
then you are entitled to bring an application before a court seeking a «court - ordered discharge» pursuant to a «hardship provision» under federal bankruptcy law
If you file for personal bankruptcy more than five years after the date of the «end of your education» then you are entitled to bring an application before a court seeking a «court - ordered discharge» pursuant to a «hardship provision» under federal bankruptcy law
Regardless of whether you work for the government or a private employer, federal law prohibits employers from firing an employee solely because they have decided to seek bankruptcy protection.
The United States Trustee Program is a component of the Department of Justice that seeks to promote the efficiency and protect the integrity of the Federal bankruptcy system.
As reported by The Am Law Daily earlier this month, the firm picked up the debtors - side work for Massachusetts - based Beacon Power Corporation, which sought Chapter 11 protection in Delaware federal bankruptcy court in October.
In his role as a member of the board, Mr. Boyajian will lecture annually on bankruptcy, with the district's bankruptcy judge, to all lawyers seeking admission to the federal bar in Rhode Island.
Both federal and state laws can affect a debtor seeking to file for bankruptcy, and an attorney can help you understand how state and federal bankruptcy laws apply to you.
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