Sentences with phrase «time of one's bankruptcy»

Question: does the bankruptcy tolling (stay order) of time of bankruptcy apply in stopping the state's 6 - year statute of limitation clock to bring a claim against another party > i.e. does the stay order (tolling of time in bankruptcy) extend the 6 year statute of limitations clock?

Lehman Brothers has been mentioned, and its leadership at the time of its bankruptcy has been portrayed, in numerous movies since 2008, such as in Margin Call and Too Big to Fail.

At the time of its bankruptcy filing, Lehman Brothers held some $ 600 billion in assets diversified globally.

The company, at the time of it bankruptcy filing, had about 1,700 stores globally, with about 800 in the US under the Toys «R» Us and Babies «R» Us brands.

The most common reason why a creditor would allege that the debt you incurred to them is non-dischargeable would be due to the timing of your bankruptcy as it relates to the last use of your credit card or amount put on the card.

Depending on the length of time since your bankruptcy filing, income and payment history since the time of your bankruptcy, you should be able to get approved for a home equity loan.

If you've got a student loan at the time of your bankruptcy and that's the reason you're going bankrupt you've been struggling with it for a long, long time.

However, you may be able to get approved for a second mortgage in less than two years from the time of your bankruptcy discharge.

The timing of a bankruptcy filing can have a huge impact on its effectiveness in solving your financial problems.

Talk to a lawyer if you have questions about the timing of your bankruptcy filing.

The debtor did not strip the second mortgage lien because there was no lien to strip at the time of the bankruptcy.

The life insurance company may take a closer look at your medical record, particularly any illnesses that occurred around the time of your bankruptcy.

The bankruptcy trustee has valued the loss of the account holders, including myself, according to the value of their holdings at the time of the bankruptcy.

For non-monetary assets (like stock), the bankruptcy trustee has valued them at their market value at the time of the bankruptcy.

So in other words, my stock was worth, say, $ 100,000 at the time of the bankruptcy, so according to the trustee my claim against the company is for that amount.

For Chapter 7 bankruptcy (the most common type of bankruptcy among average consumers), the minimum amount of time that must elapse before someone can apply for an FHA home loan is two years from the time of the bankruptcy discharge.

As for keeping a credit card, I get asked this question most often if people have points they have accumulated on the card and they owe no money on the card at the time of the bankruptcy or proposal.

There are many factors that must be considered, including the credit card balance at the time of the bankruptcy, what terms the credit card company is willing to accept and your ability to pay the present and future credit card debt.

One unsettled issue is if the creditor or the Financial Responsibility Section needs to release your driver license at the time of the bankruptcy filing.

Should it not be up to the credit card issuer to decide whether or not you can keep a credit card with a zero balance owing at the time of your bankruptcy?

First, if you have ceased to be a student for more than seven years at the time of bankruptcy your student loan will be automatically discharged, unless the government objects to your discharge, which they will do on occasion.

In the typical scenario, the former student went bankrupt; at the time of their bankruptcy their student loans were more than 10 years old (or seven years old under the new rules), so they assumed their student loans were automatically discharged.

After bankruptcy most lenders want you to wait at least 2 years from the time of the bankruptcy discharge before they will consider you for a mortgage loan.

However, because my student loans were only 4 years old at the time of my bankruptcy (I left school in 2006), my student loans were not discharged.

Of interest is that, at the time of the bankruptcy, the bankrupt had ceased to be a student for 7 years and 4 months, so her student loans were eligible to be automatically discharged.

The automatic stay applies only to bills that existed at the time of your bankruptcy filing and that were included in your bankruptcy.

The timing of bankruptcy is key and is often the deciding factor on whether you will get something or nothing from a spouse...

The timing of a bankruptcy or divorce case rests on the complex interplay of a number of factors, including the non-exhaustive description of the preceding factors.

The timing of a bankruptcy case or a divorce case in Virginia can be critically important.

There are important factors to consider when contemplating the timing of a bankruptcy and divorce case filing.

The retailer's assets at the time of bankruptcy totaled $ 6.6 billion.

Meanwhile, at the time of its bankruptcy filing, Toys «R» Us was facing $ 7.9 billion in debt, most of it tied to its 2005 leveraged buyout by private equity firms KKR and Bain Capital and diversified REIT Vornado Realty Trust.