Sentences with phrase «under federal bankruptcy»

Sunrise Suites Hotel & Casino and RV Park («Properties») filed a Chapter 11 business reorganization under the federal Bankruptcy Code.

In 2000, the Licensee filed a chapter 7 bankruptcy under the federal bankruptcy code.

However, under federal bankruptcy law, that order was technically no longer enforceable once he assigned himself into bankruptcy.

Up to $ 25,000 worth of real or personal property when filing under federal bankruptcy law.

United States Trustees supervise the administration of the following cases filed under the Federal Bankruptcy Code:

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

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

In Canada, under the federal Bankruptcy and Insolvency Act (BIA), we have special rules that apply to unpaid student loans.

Chapter 13 bankruptcy is mandated under the Federal Bankruptcy Code of the United States which governs all bankruptcy stipulations and actions.

He urged his colleagues in Congress to pass the Puerto Rico Chapter 9 Uniformity Act (H.R. 870) which will provide the island's government with the tools needed to restructure parts of its debt under federal bankruptcy law.

Under the federal bankruptcy agreement, Suffolk is guaranteed $ 5 million over the first two years and then $ 1 million from the third through 10th year, until creditors are paid off.

You will want to discuss all of your options with your attorney or tax advisor before taking action, especially if creditor protection is a concern for you, as the Supreme Court has ruled that Inherited IRAs are not protected under federal bankruptcy laws (although state law creditor protection of inherited IRAs still varies).

Not exact matches

Under federal law, you have the right to declare bankruptcy relief from your creditors.

While student loan borrowers may think bankruptcy is an answer to getting out from under the weight of federal or private student loans, rarely is bankruptcy an option to discharge student loan balances.

Snyder's decision allowed Detroit Emergency Manager Kevyn Orr to make a filing under Chapter 9 of the federal bankruptcy law.

4) Borders files for protection from creditors under Chapter 11 of the federal Bankruptcy Code 5) The final chapter of Stephen Baker's Final Jeopardy! finally arrives on my Kindle, late in the day on the day after IBM's Watson gave a digital thumpin'to the best human Jeopardy players on the planet.

I have not checked to see if Vantage or their sister companies have filed (they would presumably file in a federal district for their area in Great Barrington, Mass.) A bankruptcy attorney in that area could better answer your question about those publishing contracts as bankruptcy estate assets that a Trustee would «recall» (or «garner for the bankruptcy estate) under a preference rule and make a part of Vantage's «bankruptcy estate» for the benefit of creditors.

Filed under the Bankruptcy & Insolvency Act, a proposal is the only debt settlement program regulated by the federal government.

Bankruptcy is a process that allows an individual or business to eliminate or repay a portion of their debt, or at times all of their debt, under the protection of the United States federal bankrupBankruptcy is a process that allows an individual or business to eliminate or repay a portion of their debt, or at times all of their debt, under the protection of the United States federal bankruptcybankruptcy court.

First, we are all bankruptcy lawyers and considered «debt relief agencies» under federal law.

Additionally, if the bankruptcy court finds that ITT violated its former students» rights under consumer protection or contract law, that could help make students eligible for federal student loan discharge through the borrower defense to repayment process.

And before you consider bankruptcy, be forewarned - while certain private student loans may be discharged under the bankruptcy code, no federal student loan will be.

A: Bankruptcy is a protection under federal law that allows a person to reorganize outstanding debts.

The Official Receiver is a federal government employee in the Office of the Superintendent of Bankruptcy and an officer of the court with specific duties under the Bankruptcy and Insolvency Act.

All bankruptcy cases are handled in federal courts under rules outlined in the U.S. Bankrubankruptcy cases are handled in federal courts under rules outlined in the U.S. BankruptcyBankruptcy Code.

Homes may be preserved under Chapter 7 Bankruptcy by using the state or federal allowable homestead exemption if there is not substantial non-exempt equity.

I've been going on - and - on about a July 7th, 2015 statement put out by the U.S. Department of Education that talked about how the government has made allowances to approve the discharge of federal student loan debt through bankruptcy, in some situations; namely, under the «Undue Hardship» clause of the Federal Bankruptcy Code, under the exception rule commonly known as 11 U.S.C. § 523 federal student loan debt through bankruptcy, in some situations; namely, under the «Undue Hardship» clause of the Federal Bankruptcy Code, under the exception rule commonly known as 11 U.S.C. § 5bankruptcy, in some situations; namely, under the «Undue Hardship» clause of the Federal Bankruptcy Code, under the exception rule commonly known as 11 U.S.C. § 523 Federal Bankruptcy Code, under the exception rule commonly known as 11 U.S.C. § 5Bankruptcy Code, under the exception rule commonly known as 11 U.S.C. § 523 (a)(8).

Under the Bankruptcy & Insolvency Act, the federal legislation that governs the bankruptcy process, when you declare personal bankruptcy a Licensed Insolvency Trustee is Bankruptcy & Insolvency Act, the federal legislation that governs the bankruptcy process, when you declare personal bankruptcy a Licensed Insolvency Trustee is bankruptcy process, when you declare personal bankruptcy a Licensed Insolvency Trustee is bankruptcy a Licensed Insolvency Trustee is appointed.

On October 17, 2005, new federal bankruptcy law in America requires anyone whose gross income is higher than the median income for their state to file bankruptcy under Chapter 13, instead of under Chapter 7.

Since new federal bankruptcy rules became law in October, 2005, anyone who has gross income higher than the median income for their state is required to file bankruptcy under Chapter 13, instead of under Chapter 7.

Unfortunately, under current federal law, it is almost impossible for student - loan borrowers to discharge their debts by filing for bankruptcy.

These courses are mandatory under the federal law that governs bankruptcy.

While student loan borrowers may think bankruptcy is an answer to getting out from under the weight of federal or private student loans, rarely is bankruptcy an option to discharge student loan balances.

If a policy of insurance has been or shall be effected by any person on his own life or upon the life of another person, the policyowner shall be entitled to any accelerated payments of the death benefit or accelerated payment of a special surrender value permitted under such policy as against the creditors, personal representatives, trustees in bankruptcy and receivers in state and federal courts of the policyowner.

In a Chapter 7 case, the most common type of personal bankruptcy, the court doesn't allow an individual to keep their assets, but most exemptions allowed under state and federal law are large enough to cover a secured debt such as a house mortgage a car loan.

These schedules will be used by the bankruptcy court to check against state and federal exemption laws which allows the filer to keep the unsecured assets listed under most circumstances.

Bankruptcy is a federal court process designed to help consumers and businesses eliminate their debts or repay them under the protection of the bankrupBankruptcy is a federal court process designed to help consumers and businesses eliminate their debts or repay them under the protection of the bankruptcybankruptcy court.

Sixth, the Secretary of Education, as junkyard dog, should revise Lynn Mahaffie's 2015 letter outlining when DOE will not oppose bankruptcy discharge of student loans to clarify to the federal courts that DOE supports a bankruptcy discharge of student loans under the same terms that apply to other unsecured consumer debt.

Nonexempt assets are identified under state and federal bankruptcy laws.

Filing a consumer proposal or bankruptcy creates an automatic «stay of proceedings» under federal law.

Consumer proposal administrators are licensed trustees, registered with the federal government under the Bankruptcy and Insolvency Act and as such fees paid to a trustee for administering a consumer proposal are set by legislation.

Clarifies current law's «undue hardship» exception to nondischargeability in bankruptcy as it applies to federal student loans by creating a rebuttable presumption that a debtor faces an «undue hardship» if the debtor is receiving disability benefits under the Social Security Act;

The reason for raiding your IRA under these circumstances is because an IRA is not exempted in a bankruptcy from an Internal Revenue Service levy as described by federal law.

Under a new change in Rule 1007 (b)(7) of the Federal Rules Rules of Bankruptcy Procedure, these counseling organizations may file a certificate that the requirement has been met directly with the Court.

If, however, you do not satisfy certain waiting periods under federal law, then your student loan debt will survive your bankruptcy or your consumer proposal.

Our proposal administrators and bankruptcy trustees are licensed by the federal government to administer the legal remedies available under the Bankruptcy and Insolvency Act, and we are proud to have a large, and growing, team of qualified insolvency counselors and insolvency estatebankruptcy trustees are licensed by the federal government to administer the legal remedies available under the Bankruptcy and Insolvency Act, and we are proud to have a large, and growing, team of qualified insolvency counselors and insolvency estateBankruptcy and Insolvency Act, and we are proud to have a large, and growing, team of qualified insolvency counselors and insolvency estate managers.

Each entity has been designated by the Federal Government as a qualified debt relief agency that helps folks file bankruptcy under the bankruptcy code.

Additionally, you can keep up to $ 1,000 equity in personal property, such as furniture, art, and electronics, or $ 4,000 equity in personal property if you're not using the homestead exemption; up to $ 1,000 in equity of your vehicle — more if filing bankruptcy jointly with your spouse; and pensions and most retirement accounts, under federal non-bankruptcy exemptions.

It's your right under the Constitution: Federal Bankruptcy Laws are designed to give debt relief to people who are overburdened by debt.

Vick is serving a 23 - month federal sentence for dogfighting, and he's under pressure as well to submit a plan for crawling out of debt to a bankruptcy judge.