Sentences with phrase «under this chapter»

A municipal bankruptcy shares some similarities with Chapter 13 personal bankruptcy cases, but it is more like a corporate bankruptcy filed under Chapter 11.

Generally speaking, filing bankruptcy under Chapter 13 tends to work well for those who have a regular, steady income and are able to adhere to the repayment schedule.

To qualify for protection under Chapter 13, you must have an income that is higher than your reasonable living expenses.

The debtor may also convert the case to a liquidation case under chapter 7.

(b) The remedies provided under this chapter are in addition to any other procedures or remedies for any violation or conduct otherwise provided by law.

In most cases, you get more tax debt discharged under Chapter 13, than under under 11.

If your income is higher, you must demonstrate that your disposable income is insufficient to pay back your debts under a Chapter 13 filing.

An employer is not required to provide break time under this chapter if to do so would seriously disrupt the operations of the employer.

In 2003, he filed for protection from creditors under Chapter 13 of bankruptcy law.

The net effect of these changes is to give consumers more incentive to seek bankruptcy relief under Chapter 13 rather than Chapter 7.

Upon your final payment under your Chapter 13 repayment plan, you will receive your formal discharge notice from the court.

(d) make a false statement on any form used by the board to implement this chapter or the rules adopted under this chapter.

In simple terms: if your income is too high, you will probably be required to file a 5 year repayment plan under Chapter 13.

Only licensees under this chapter may use any title described in subsection (1)(b).

Used as an alternative to liquidation under Chapter 7.

He made the filing in federal bankruptcy court under Chapter 9, the bankruptcy system for cities and counties.

(a) A state or local governmental entity shall inform its employees of their rights under this chapter by posting a sign in a prominent location in the workplace.

If you can not qualify under the Chapter 7 means tests, you will be forced to seek Chapter 13 bankruptcy relief.

Sometimes, conversion is necessary because you can't keep up with the payments required under your Chapter 13 plan, but conversion may be possible regardless of your reason.

Typical restructuring under Chapter 13 allows for you to repay your creditors and keep your assets.

In every chapter, there's a nice line drawn under each chapter heading.

There is always a chance of you falling under Chapter 13 as amended by new laws.

Before filing bankruptcy, one should sit down with a competent bankruptcy attorney to determine if their property can be protected under a Chapter 7 bankruptcy.

Such fee shall be in addition to any fee required to be submitted by the sponsor under chapter VII.

This loan provides an exit strategy for properties under chapter 11 bankruptcy.

This document also includes temporary regulations providing additional rules under chapter 3 of the Code.

Technically, states can not go bankrupt now like cities and counties under Chapter 9.

Many times individuals and companies can not obtain the relief they need under chapter 7 or chapter 13, this is when a chapter 11 is their best option.

But interest and late fees that have accrued on delinquent accounts are often waived under Chapter 13 plans.

In fact, all creditors are required by law to cease any attempts to recover the debts covered under the Chapter 13 process if all terms of the agreement are being met.

If you finish the bankruptcy procedure under Chapter 7, you can not file for another Chapter 7 bankruptcy for 6 years.

Some properties are exempt from seizure under Chapter 7, though the specifics of exemption are complex.

There are certain assets that can be protected and other assets that you may not be allowed to keep under a Chapter 7 bankruptcy plan.

Because there may be much at stake, it is important to understand how your eligibility for a Chapter 7 bankruptcy is determined under the Chapter 7 means test.

Successful qualification under the Chapter 7 means test can make an enormous difference in your financial foundation as you rebuild for the future.

Note: there are no real options to save your home from foreclosure under Chapter 7.

It is important to note that this regulation is under a chapter about server training, thus the regulation can only reasonably be interpreted as being about licensee providing identification.

The decision will be welcomed by secured creditors (and distressed investors) who previously could be forced to accept replacement debt with below - market interest rates under a chapter 11 plan.

Depending on your situation, you may keep your house and car under Chapter 7, though it may not be easy.

The existence of such relationship shall not relieve either the broker or the sales associate of her or his duties, obligations, or responsibilities under this chapter.

A bankruptcy filing under Chapter 7 is called liquidation.