Sentences with phrase «to obtain a discharge»

For instance, one may only obtain a discharge of debt in Chapter 7 every eight years (the prior law was every six years).

Generally speaking the person may only obtain a discharge in a chapter 7 once every eight years.

Also, a second course called debtor education course must be taken after the bankruptcy is filed to obtain a discharge Order.

Only an experienced bankruptcy lawyer can determine your ability to obtain a discharge of your student loans in bankruptcy.

The law limits how often an individual may obtain a discharge in bankruptcy.

DeVos says ED is «working with servicers to get these loans discharged as expeditiously as possible,» and that «some borrowers should expect to obtain discharges within the next several weeks.»

A Chapter 7 bankruptcy may allow you to obtain a discharge on your unsecured debts and reaffirm all secured debts you wish to keep.

One of the most obvious disadvantages of filing for bankruptcy is that it will reflect on your credit report for ten years or more, and you will not be able to obtain a discharge for another six years.

If you do not obtain your discharge, the lenders can resume collection for complete payment after the Licensed Insolvency Trustee ceases to be involved in the bankruptcy proceedings.

If he is able to obtain a discharge from bankruptcy, then the equalization payment is discharged with the other debts.

Most bankruptcy attorneys (95 percent) report that few student loan debtors are seen as having any chance of obtaining a discharge as a result of undue hardship.

For example, a trustee, creditor, or the U.S. trustee may request that the court revoke the debtor's discharge in a Chapter 7 case based on allegations that the debtor obtained the discharge fraudulently, like if you concealed property or failed to keep adequate records.

Only individuals obtain a discharge of their debts.

In order to tackle this ongoing problem, NRDC submitted petitions to EPA in 2015 — along with co-plaintiffs American Rivers, Blue Water Baltimore, and Los Angeles Waterkeeper — asking the agency to exercise its «residual designation authority» and require commercial, institutional, and industrial sites in these watersheds to obtain discharge permits.

Co-wrote an appellate brief whereby the federal district court reversed a bankruptcy court and ruled that an architect could bring a third - party claim involving a large public project against a consultant who had previously obtained a discharge in bankruptcy.

If one spouse alone obtains a discharge, the other spouse may be left responsible for a joint debt.

«Some borrowers should expect to obtain discharges within the next few weeks,» she wrote.

He had also achieved great amounts of success that included securing an acquittal at trial for a client charged with possessing a controlled substance, obtaining a discharge for a client charged with domestic assault when the Crown wanted a conviction and permanent criminal record, and drafting an appeal factum that resulted in the overturning of a conviction for possession of marijuana on grounds that the client's Charter right to speak to a lawyer was violated.

Then, you filed for bankruptcy in November, and obtained your discharge in December.

In all of these scenarios, the costs of obtaining a discharge of burdens or of acquiring the title to the affected areas could mean that critical cash flow at the initial stage of a project would need to be diverted to claims settlements.

We outline the main duties you must perform if you declare bankruptcy in order to obtain your discharge.

At a minimum, these creditors should offer the disability and death discharge relief that they claim to offer and clarify how borrowers or their survivors can obtain these discharges.

The goal of any bankruptcy is to obtain a discharge, a court order that releases you from your indebtedness.

When you complete your bankruptcy and obtain your discharge you get an important court order that stops your debt collectors from ever asking or attempting to have you repay a debt.

Furthermore, most of the student loans held by Sallie Mae are private loans, and as to such loans, the Bruner test does not apply, and further, Plaintiff need not show undue hardship to obtain discharge of these private loans, if such loans are not qualified.

Veterans that obtain a discharge in this way are eligible for a refund of any student loan payments received by the Department of Education after the effective date of the V.A. determination, or

So, for credit rehabilitation, the important thing is to obtain a discharge, and that discharge happens to occur much faster in Chapter 7 versus Chapter 13.

The first course must be completed before you can file (within 180 days) and the second course is completed after filing and before you can obtain a discharge.

The first step is the hardest and most important — contacting a lawyer and filing your bankruptcy petition so that you can obtain your discharge.

And the mechanics of the two chapters - the preparation of a petition, schedules and statements, the filing of the petition and schedules, and the steps to obtain a discharge - are also fairly easy to explain.

Just as with the pre-filing credit counseling, prior to obtaining a bankruptcy discharge, one must file a pre-discharge «debtor education» certificate filings in order to obtain the discharge and complete the bankruptcy filing.

So in the example I wrote about in a hypothetical chapter 7 case, above, in the same case, but using chapter 13 as the vehicle to obtain a bankruptcy discharge, the chapter 13 debtor will need to pay $ 7500 over the lifetime of the chapter 13 plan in order to pay all unsecured debt and obtain a discharge.

One of the primary goals of bankruptcy is obtaining a discharge of all of your dischargeable debts.

At Natasha Meruelo, Attorney at Law, I can deliver the experienced representation you need to help you obtain your discharge and protect you along the way from numerous complications, including:

A husband and wife may file a joint bankruptcy while they are married and both may obtain a discharge of their joint debts.

In my view, this results in the unseemly appearance that a person who has the means to make a charitable donation may be able to obtain a discharge and no conviction or record therefor, whereas someone without such means is not able to do so and is therefore subject to a conviction and record.

Even if the Trustee is unaware of bitcoin and fails to inquire about the debtor's virtual currency assets, and even if there is no clear line item for virtual currency assets on the current form of bankruptcy schedules (virtual currency assets are property, according to the IRS), failure to disclose assets may result in the debtor losing his or her ability to obtain a discharge.