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Bankruptcy Info: Other Articles

From haleanticolaw.com

From the kind people at Lexis-Nexis

Here are some articles that are a bit more blandly written, not by the same author that wrote the rest of the articles online here.

 

Chapter 12 Overview

In the mid-1980s, farmers throughout the United States faced seemingly insurmountable credit problems. Struggling family farmers . . .

 

2006.11 | Read More

Chapter 13 Eligibility

 

Only individuals may file for Chapter 13 bankruptcy. Corporations and partnerships may not file for Chapter 13 bankruptcy. Any individual, even if self-employed . .

2006.11 | Read More

Student Loans

In a proceeding under Chapter 7 of the Bankruptcy Code, it is presumed that many debts, including most loans, will be discharged or "wiped out." Section 523(a)(8) of the Bankruptcy Code, however, provides that student loans . . .

2006.11 | Read More

Chap 13 Estate Property

 

Property of the estate for Chapter 13 purposes encompasses property interests of the debtor during the pendency of the entire Chapter 13 case, as well as . . .

 

 

2006.11 | Read More

Trustees

 

A trustee is the representative of the estate in a bankruptcy case and has the capacity to sue and be sued. Trustee is the term used for several different roles ...

2006.10 | Read More

Co-Debtor Stay

 

The automatic stay of actions against co-debtors was a part of the Bankruptcy Reform Act of 1978. It was intended primarily for the protection of the principal debtor proceeding under Chapter 13 by insulating . . .

2006.11 | Read More

Chapter 7 Bankruptcy Discharge

What goes away in a Chapter 7?

Chapter 7 is "liquidation" of your assets to pay your debts. The bankruptcy discharge ...

2006.10 | Read More

Chapter 12 Discharge

 

Upon successful completion of all payments under a Chapter 12 plan, the debtor will receive a "discharge," which extinguishes the debtor's obligation to pay any unsecured debts

2006.10 | Read More

Use, Sale, or Lease of Property

 

The Bankruptcy Code governs the use, sale or lease of property in bankruptcy. The trustee may use, sell or lease the property of the estate other than in the ordinary course of business

2006.10 | Read More

Chapter 13 Hardship Discharge

 

Although a Chapter 13 debtor generally receives a discharge only after completing all payments required by the court-approved repayment plan, there are some limited circumstances

2006.10 | Read More

Debtor Eligibility

 

There are different eligibility requirements under the various chapters of bankruptcy. Eligible consumers and businesses can file under Chapter 7 and Chapter 11. Only family farmers are eligible to file under Chapter 12, and only individuals are eligible to file under Chapter 13.

2006.09 | Read More

Equity Security Holders

All Credtors are Not Equal

An equity security holder is a holder of an equity security of the debtor in a bankruptcy case. Examples of an equity security are a share in a corporation; an interest of a limited partner in a limited partnership; or a right to purchase, sell, or subscribe to a share, security, or interest of a share in a corporation or an interest in a limited partnership.

2006.09 | Read More

Keep House in Bankruptcy?

 

Bankruptcy is a process created by federal law that provides relief for debtors, who can either eliminate their debts or repay their debts. A Chapter 7 "liquidation" is the process by which debtors are rid of many of their debts. A Chapter 13 "reorganization" is the process by which an individual prepares a plan for repayment of creditors.

2006.09 | Read More

Equity Security Holders

All Credtors are Not Equal

Bankruptcy law does not necessarily place divorced or divorcing spouses in an adversarial posture. Sometimes a joint bankruptcy case can reduce the financial pressures on a troubled marriage, thereby facilitating....

2006.09 | Read More