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No, but there can be a request for turnover, meaning, if you submit that check stub showing the bonus, and it was not filed as exempt, you could be required to pay that to the court for eligibility of discharge.
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How does profit sharing work?
formula of profit sharing bonus
Will set up a trust but trust was not funded can the executor raid the estate to fund fees for himself as trustee?
No, he cannot. The offices of testamentary trustee and exutor are separate and distinct from one another even if the same person is to serve as both. Compensation for a trustee comes out of the funds in the trust for work done by the trustee on behalf of the trust. If the trust is unfunded, there are no assets out of which to pay fees to the trustee. Also, if the trust is unfunded then the trustee has done nothing to earn any trustee fees. Compensation of trustees and executors is governed by state laws, so it is important to check the laws of the state of probate for the details.
Should a Trustee for a family trust be paid?
Yes. There is a lot of work involved in being a trustee. The trustee needs to keep an account of all the money coming into the trust and all the money going out. The trustee must be extremely careful to not co-mingle their own funds with the funds of the trust or pay any of their own bills with trust funds. The account books for the trust should be made available to the trustor and the beneficiaries of the trust.
Can you do a loan modification if you are in chapter 13?
A Chapter 13 bankruptcy puts the entire debt collection process on hold to give the filers time to work out a court-approved repayment plan for a portion of their debts. Thus, because the process is on hold, a loan modification can not be enacted while a mortgage is currently under the supervision of the Chapter 13 trustee. However, it is possible to negotiate a modification of a loan with the mortgage lender during the bankruptcy. But it will be necessary to have the bankruptcy case voluntarily dismissed before the modification can be finalized and put into effect. Banks may not be willing to negotiate with the borrowers under the circumstances of a Chapter 13, though.
Can you refinance your house while you are in a chapter 13 bankruptcy?
If you own a home and you have made your payments on time to the bankruptcy trustee, you may be able to complete your bankruptcy very quickly. There are several thinks that must be considered. It is very important that you work with a Mortgage Lender who has a lot of experience in this type of refinance. If you have equity in your home you may be able to do a cashout refinance of the home and use the cash you take out to pay off the bankruptcy. This will require the approval of the bankruptcy trustee. Normally the best option for someone who wishes to do a cashout transaction is an FHA loan. You can get an interest rate that is aggressive and you will not have a prepayment penalty. Another factor is how long you have been in the bankruptcy.
Why are your chapter 13 checks written out to the trustee personally?
When it pertains to a chapter 13, the trustee receives the payment amount stipulated in the approved BK, and disburses the funds in accordance to debt priority. Chapter 13's are more expensive than "7's" because of the additional work involved in the payment and accounting of debts.
What work did a homestead wife have to do?
they have to work in the house and take care of the children, they had to wash the clothes and cook. *bonus* the men worked in the fields and boys worked on the field and worked as apprentices.
Is there a right for every employee to have a bonus?
No. You have a right to be paid for work that was assigned and completed. A bonus is beyond that, and is not a right.
How do you add bonus stages to mugen?
these are bonus stages add them as characters and some of them have a stage with them they only work with that stage
What was the Wheel of Fortune bonus puzzle for January 14 2011?
Work It Out is the Wheel of Fortune Bonus puzzlework it outWork It Out
What was the Wheel of Fortune bonus puzzle for October 29 2014?
The bonus puzzle solution was Unique Work of Art.
What happens if you dont reaffirm your mortgage when filing chapter 7 in ma?
If it has any equity, the trustee may take it and sell it at auction. If there is little or no euity, the trustee will leave it to the mortgage holder to foreclose. If it is already in forecosure, the mortgagee may file a motion for relief from stay to pursue the foreclosure. Since there are so many foreclosures and people just walking away from underwater mortgages, it may be possible to work out a rental or refi or some other result. Watch out for scams. Use a local bankruptcy lawyer who is familiar with recent developments.
How you get a's in school?
U study and do bonus work
What is an incorporated church trustee?
When a church becomes incorporated, it appoints trustees. The trustees have the ability to change deeds, take out loans, and work with any other legal documents the church requires.
What does bonus opus mean?
good work - good work in the general or collective sense
How does profit sharing work?
formula of profit sharing bonus
What is the bonus for cracker barrel managers?
It depends on which store you work for
