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11 May 2024, 7:09 am
The filing fee for Chapter 11 is $1,738, but the total cost can significantly increase due to administrative costs, which vary depending on the complexity of the case. [2] How does Chapter 11 work for businesses? [read post]
2 Mar 2017, 11:33 am
Creditors seeking involuntary bankruptcy must file a petition in the bankruptcy court, and the debtor has the opportunity to defend against being forced into bankruptcy. [read post]
25 May 2009, 11:00 am
The Obama Administration proposed a plan that would give bankruptcy courts the authority to "cram down" a debtor's first mortgage to the fair market value of the property. [read post]
22 Sep 2012, 6:06 am
A proceeding is related to the bankruptcy case only if its outcome could conceivably have any effect on the estate, or if its disposition could alter the rights, liability, freedom of action or options of, or have an impact on the handling or administration of the estate. [read post]
11 Jun 2010, 7:20 am
A mandatory filing fee of $1,000 and additional $39 miscellaneous administrative fees apply under Chapter 11 Bankruptcy. [read post]
26 Aug 2019, 8:45 am
§§ 1181-1195) to the Bankruptcy Code. [read post]
20 Aug 2010, 1:17 am
Bankruptcy filings overall rose by 20 percent in the twelve-month period ending on June 30, 2010, according to information released on August 17, 2010 by the Administrative Office of the U.S. [read post]
22 Nov 2011, 7:30 am
Because the estate is not obligated for the tax, it cannot, under this reasoning, be an administrative expense that is subordinated (and ultimately discharged) by Section 1222(a). [read post]
23 Dec 2022, 6:36 am
Courts explain, “[t]he U.S. trustee plays a major role in monitoring the progress of a chapter 11 case and supervising its administration. [read post]
3 Jun 2011, 8:24 am
Before changes were made to the bankruptcy code in 2005, only government issued or guaranteed student loans were protected during bankruptcy. [read post]
16 Feb 2021, 8:33 pm
Once this happens, you will have a hearing with a bankruptcy judge or administrator who will determine if your repayment plan meets requirements and is fair. [read post]
17 Feb 2024, 3:12 pm
BSA declared bankruptcy in 2020 amid thousands of lawsuits for sexual abuse against Scout Leaders. [read post]
18 May 2016, 12:41 am
Local courts should establish bankruptcy divisions and provide bankruptcy judges with better bankruptcy law training; Procedures for bankruptcy administrators should be drafted and their status should be improved; Special funds should be established to pay for bankruptcies and bankruptcy administrators; Local governments, such as Guangdong, are starting to issue policy programs on “supply-side reforms. [read post]
31 Jul 2018, 4:44 am
The Fair Debt Collection Practices Act sets a legal framework for the practices of debt collectors and sets both administrative and civil penalties for violations. [read post]
26 Aug 2008, 12:50 am
Ever since the passage of the BAPCPA changes to the bankruptcy laws in 2005, consumer advocates have held out hope that a new presidential administration might roll back some of the more hard line changes to the Bankruptcy Code. [read post]
27 Jan 2017, 2:46 pm
The Judiciary Data and Analysis Office of the Administrative Office of the US Courts has launched a new feature called "Just the Facts," highlighting statistical trends in the US judiciary. [read post]
27 Oct 2010, 12:08 pm
Liverpool recently had to be sold at fire-sale prices (to a group led by Red Sox owner John Henry, no less) because entering “administration,” the British bankruptcy equivalent, carries a three-game penalty in the standings. [read post]
7 Mar 2013, 1:52 pm
J joint administration A court-approved mechanism under which two or more cases can be administered together. [read post]
12 Feb 2024, 4:20 pm
Because debtors flooded the judicially understaffed 1841 Act system with over 46,000 cases, the Act’s administration continued into the 1860s, thereby allowing further development of the law. [read post]
12 Feb 2024, 4:20 pm
Because debtors flooded the judicially understaffed 1841 Act system with over 46,000 cases, the Act’s administration continued into the 1860s, thereby allowing further development of the law. [read post]
