Sentences with phrase «year federal bankruptcy»

Court held two - year federal bankruptcy limitations extension statute (11 U.S.C. § 108 (a)-RRB- applied, rather than one - year state statute of limitations (Cal.

Not exact matches

The federal bankruptcy court filing, which had been feared for months, conserves cash so the city can operate but it will hurt Detroit's image for years.

For more than a year, a court - appointed trustee has been unraveling the case in federal bankruptcy court, working to gather assets and figure out claims that can be paid to investors.

The alleged NYC - area bomber and his family were engaged in a 7 - year long court battle with city officials over late - night hours and accusations of ethnic prejudice at the restaurant they ran in Elizabeth N.J., and the father of the family declared bankruptcy in 2005, my review of extensive federal court records has found.

The number of people filing for bankruptcy in the U.S. and U.K. has been falling steadily for the past few years, but charities and analysts are concerned that homeowners could get in trouble if the U.S. Federal Reserve and the Bank of England raise interest rates.

A few years ago, when the seventh largest corporation in America, Penn Central, was on the verge of forfeiting on hundreds of millions of dollars in short - term loans, the Federal Reserve saved hundreds of banks from bankruptcy — and the economy from catastrophe — by offering to cover all the loans required at that point to maintain stability.

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.

A few years ago, the federal bankruptcy laws changed so that debtors who want to file Chapter 7 bankruptcy have to first pass a means test to file.

An LIT is licensed by the federal government, and must have many years experience before they receive a trustee license, so you can be confident that they have the knowledge and experience to provide you with the bankruptcy help you require.

The credit reporting time limit is defined a Federal law, the Fair Credit Reporting Act, and it's seven years for most negative entries and 10 years for bankruptcy.

If your credit history reveals that you have any unpaid collection accounts, accounts that are currently ninety days or more in delinquency, lease or contract terminated by default, tax lien within the past five years (whether county, state or federal tax), foreclosure within the last five years, bankruptcy within the last five years, wage garnishment within the last five years, you may be denied the Direct PLUS Loans.

You have been subject to any of the following conditions during the five years preceding the date of the credit report: Repossession; Default Determination; Bankruptcy Discharge; Tax Lien; Wage Garnishment; or Write off of a federal student loan debt.

Strategically, by using a combination of Bankruptcy, State, and Federal consumer protection laws, Doan Law Firm has developed and pioneered a program that allows homeowners to legally remain in their home for 8 - 18 months or even years after ending mortgage payments!

Federal Investigative Notice No. 06 - 07 says the OPM does not automatically expand investigations for financial issues unless a credit report reflects current aggregate delinquent debt totaling $ 3,500, there has been a Bankruptcy within the past 2 years, or there has been a bankruptcy within the past 3 to 5 years with evidence of current creditBankruptcy within the past 2 years, or there has been a bankruptcy within the past 3 to 5 years with evidence of current creditbankruptcy within the past 3 to 5 years with evidence of current credit problems.

Until 1998, federal student loans that had been in repayment for at least seven years could be discharged in bankruptcy.

Tax debt at the federal, state, and municipal levels, due within the last three years, can't be discharged through bankruptcy.

Bankruptcy is a federal court process where you get the chance to eliminate or reorganize your debts through discharge (which can mean the sale of assets), or by following a repayment plan that will often last 5 years.

According to the Federal Trade Commission, your bankruptcy can stay on your credit report for as long as 10 years after your debts are discharged, and that can make accessing new credit, buying a home or even getting a job difficult.

A parent who has been through bankruptcy within the past five years isn't eligible to take out a Federal PLUS loan.

Bankruptcy filings in federal court have dropped nearly 35 percent in the past five years.

Bankruptcy fraud is a serious matter; convictions can lead to fines of up to $ 250,000 and up to 5 years in federal prison.

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

What if there was a shady side of the law that allowed federal bankruptcy court trustees to hide things from you for up to a year before you found out you lost your assets to your creditors after filing for bankruptcy protection?

Another advantage for the lender: No matter how tough things get for troubled borrowers, federal law prevents them from escaping their bills through bankruptcy for at least another seven years.

Bankruptcy filings are continuing to decline, with fewer than 800,000 people filing in federal courts last year.

Four years after a federal judge approved Detroit's bankruptcy - exit plan the city's financial present and future are still in flux.

In Rhode Island, both U.S. Bankruptcy Court and federal district court have been using e-filing for the past few years.

Our attorneys who handle directors and officers liability claims have years of experience representing clients in federal and state courts, including the U.S. bankruptcy courts, as well as state and federal administrative proceedings.

Our attorneys are accustomed to dealing with complex and sophisticated business matters and have many years of experience handling all financial issues surrounding bankruptcy and reorganization, out of court workouts, and state and federal court litigation over creditors» and debtors» rights.

In 2001 — 15 years ago — bankruptcy courts began rolling out CM / ECF, the federal court systems's paperless case management system.

Generally, in those cases, a legislative body has to authorize the appropriation «voluntarily» from whatever source of funds it choses to impose, and usually, when push comes to shove, state and local governments do pay the judgments they owe (there are limited federal bankruptcy options for municipalities and states), although there are instances of state governments stubbornly refusing to take the actions necessary to comply with court orders directing that public schools be funded for many, many years.

My search of yesterday's news and blog postings found only one person who indicated he would testify at yesterday's hearing, Dr. Richard Cordero, a New York lawyer who runs the Web site Judicial-Discipline-Reform.org and who describes himself as having been involved in 11 federal bankruptcy cases in the last five years.

She also brings several years of experience working as a legal assistant in federal criminal and bankruptcy courts.

BKexpress Cloud is the cloud - based edition of the system that consists of workflow and best practices derived from years of experience working with hundreds of consumer bankruptcy firms of all shapes and sizes in almost all of the US Federal Districts.

One needs to look no further than U.S. Bankruptcy Judge George Hodges» Garlock Sealing Technologies decision in a Charlotte federal court last year or the recent resignation of NY Assembly Speaker Sheldon Silver, in light of his indictment on asbestos fraud charges, to begin to understand the degree of fraud and abuse that exits in asbestos litigation and trusts -LSB-...]

With more than 20 years of experience in federal, state and bankruptcy courts as a commercial litigator and bankruptcy lawyer, I have been through the wringer more than once.

Following a two - year clerkship with a federal bankruptcy judge, David Shaiken entered private practice in 1989.

The Tenth Circuit Court of Appeals announced that Federal Bankruptcy Judge Michael E. Romero's 14 - year term of office will expire on December 21, 2017.

For the next 25 years her opinions would shape public policy on issues such as the federal power to regulate the economy, labor rights, patent, copyright and trademark law, immigration, trusts and monopolies, bankruptcy, postal laws, and internal revenue.

He has spent an average of 20 hours per week for the last two and a half years in the bankruptcy courtrooms and the rest of his time has been spent assisting clients throughout California to obtain all the relief available to them under federal and state law, and attending substantial amounts of seminars on cutting edge topics affecting Bankruptcy Law, Foreclosure, and Debankruptcy courtrooms and the rest of his time has been spent assisting clients throughout California to obtain all the relief available to them under federal and state law, and attending substantial amounts of seminars on cutting edge topics affecting Bankruptcy Law, Foreclosure, and DeBankruptcy Law, Foreclosure, and Debt Relief.

McGrew, who's been acting as a receiver and federal bankruptcy trustee for 25 years, says receivers must have common business sense and know how to value a property.