Can a person literally file for chapter 13 protection and then never follow through without consequence in other words file to get his property back and then not follow through without consequece?
You can file and not do anything, but it would then be quickly dismissed. While he might keep his property, it will soon be foreclosed/repossessed unless he follows through with the ch. 13.
Can a person literally file for chapter 7 protection and then never follow through without consequence in other words file to get his property back and then not follow through without consequece?
If the someone files a chapter 7 and the case is dismissed, the automatic stay is terminated and the legal effect is the same as if the case had never been filed. Upon the filing of an approproiate, the debtor could be sanctioned for filing a frivolous bankruptcy or even barred from refiling bankruptcy for a period of time. If the debtor refiles within a year, there are new laws that could lead to early…
Why is private property and the protection of property rights so critical to be success of the market system?
Why is private property and the protection of property rights so critical to the success of the market system?
Socialism is based on a different set of property rights than capitalism. Socialism is based on public property and co-operative property in the means of production, and individual property for small-scale enterprise. So yes, socialism is compatible with the protection of co-operative, public and individual property rights, whereas capitalism matches with protection of private property rights.
It was in 1956 that whatever was left of costumes from "The Wizard of Oz" was found. Specifically, in 1956, MGM Studios possessions and property were submitted to an inventory. One consequence of the inventory was the selling of MGM property for residential development. Another consequence was the auctioning of possessions such as costumes and the leveling of sets.
Why do contemporary information systems technology and the internet pose challenges to the protection of individual privacy and intellectual property?
Can a creditor place a lien on a house where mother just added son to the deed although he never contributed to any payments?
Yes. That is one of the problems with adding someone's name to the deed to your property. Adding another name as owner makes the property vulnerable to that person's creditors. The attorney who drafted the new deed should have explained that consequence to you. Your son needs to pay off that lien in order to remove it from the property. You should also check into homestead exemptions in your jurisdiction. Yes. That is one of…
The World Trade Organization's Agreement on Trade Related Aspects of Intellectual Property Rights (TRIPS) designated minimum protection requirements for various types of intellectual property, the majority of which are based on the Berne Convention for the Protection of Literary and Artistic Works and the Paris Convention for the Protection of Industrial Property. The goal of TRIPS was to ease international trade as the economy became increasingly knowledge-based. As WTO states... ...as intellectual property became more…
When you create something original, it is your intellectual property, and you retain rights for it for a limited time. For some types of rights (most notably copyright), protection is automatic but formal registration is available in some countries; for patent, on the other hand, registration is required for protection.
Any property that was transferred to a trust during life is not owned by the decedent after their death. That is the whole point behind trusts. The trust owns the property. A Will can only distribute property owned by the decedent at the time of their death. If your mother left you certain property in her Will but had transferred it to a trust during her life then that property is gone. It cannot pass…