Sentences with phrase «unfortunate debtor»

To rehabilitate the honest but unfortunate debtor in order to allow him to gain a fresh financial start; and

The beneficent U.S. Bank would make the cardholder's minimum credit card payment for up to twelve months should any of the first five events befall the unfortunate debtor.

The bankruptcy laws were intended to help the Honest but Unfortunate Debtor.

«The principal purpose of the Bankruptcy Code is to grant a «fresh start» to the «honest but unfortunate debtor.»»

So who is this Honest but Unfortunate Debtor?

``... purpose of the act has been again and again emphasized by the courts as being of public as well as private interest, in that it gives to the honest but unfortunate debtor... a new opportunity in life and a clear field for future effort, unhampered by the pressure and discouragement of pre-existing debt.»

You're trying to give the honest but unfortunate debtor a fresh start while maintaining the rights of the creditors.

Bankruptcy: Bankruptcy is a legal process designed to help an unfortunate debtor gain relief from their obligations while also giving fair treatment to the lender.

Its rules and laws are meant to balance the scales between the need of an honest unfortunate debtor for a fresh financial start and the rights of the creditors.

Bankruptcy is a process that allows an honest but unfortunate debtor to get a fresh financial start.

Assuming you are an honest but unfortunate debtor, most of your debts will likely be dischargeable.

Harassment by Creditors Hearing Home is Where the Heart Is * Homeowner's Association Dues Homestead Honest but Unfortunate Debtor Honesty Honesty (and Fraud Avoidance) House House Household Household Size How Much Is Your Home Worth?

Nebuchadnezzar's sins, conceived of as debts, have risen to such a level that his creditor, God, is about to demand repayment in the form of punishment: He is calling in the bond he holds over this unfortunate debtor.

If you're one of the millions of Honest but Unfortunate Debtors out there, talk to a local bankruptcy attorney.

If you are one of those unfortunate debtors, saddled with outstanding debts then it's only advisable that you investigate the debt restructuring option thoroughly.

This marks a long battle to relieve honest but unfortunate debtors of having to pay back their 407 debt even if they filed for bankruptcy or filed a consumer proposal.

Not exact matches

Bankruptcy is for the unfortunate but honest debtor.

In the famous decision, Local Loan Co. vs. Hunt, the Supreme Court summed up the relatively simple policy behind our bankruptcy laws: the «honest but unfortunate» debtor is given the opportunity to start over, «unhampered by the pressure and discouragement of preexisting debt.»

The purpose of the Act is to permit an honest, but unfortunate, debtor to obtain a bankruptcy discharge from his or her debts, subject to reasonable conditions.

It allows the honest, but unfortunate, debtor an opportunity to come to a final settlement with creditors and to get a fresh start.

And yet, most of the stories we hear have the same root cause: an honest debtor with unfortunate circumstances.

The post ends by noting that this result is «unfortunate for bankruptcy debtors seeking a fresh start,» but it goes on to suggest «proper estate and bankruptcy planning» and gives a general example involving a spendthrift trust.