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I'm assuming that the question pertains to the filing fee in a bankruptcy case. Years ago this option was available in some states (Maryland). A petitioner was allowed to make three equal payments over a time period, which I believe was 120 days. By the end of the time period all monies had to have been paid or the filing would be halted and dismissed. A new filing could be rendered, but then the payment option would be no longer available. Also, I think that the petitioner would have to forfeit (surrender) the fees paid. I also think that it was only available for Chapter 7 filings, which is basically liquidation. Chapter 13 is often called homeowners bankruptcy, as it allows a homeowner to keep their property with certain limitations. Chapter 11 is a business bankruptcy, fairly common in the marketplace, actually. You'd be startled to find out how many companies have filed it to get some breathing room.
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∙ 13y ago
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How Many Times A Year Are Dividends Paid?
four quarterly installments
Do you need assets to file bankruptcy?
No, you don't need assets to file for bankruptcy, except for money for the attorney's fees. For a chapter 7 case, the average fee will be $1,500.00. For a chapter 13 case, the average fee is usually about $3,000.00, but it's paid out in monthly installments over a 3-5 year period.
I want to get an ipod from the apple store but do you get to keep the item when paid in installments or do you get it once its all paid?
You are allowed to keep the item and take it home with you even if you are paying it off in installments, however, the item it is considered property of the store until it is fully paid for.
What is the word for money paid monthly on a property bought?
A property that is bought by means of monthly payments is said to be paid by installments.
What is a loan that is paid in equal monthly installments with a fixed interest rate?
installment credit
What will happen if you do not proceed with your application for bankruptcy but paid the bankruptcy fee?
Fees paid to the court cannot be refunded under federal law.
What is a loan that is paid in equal monthly installments with a fixed interest rate called?
installment credit
What is lay away buying?
Law away is when you pay in installments & the store holds for you until paid in full.
When the policy owner specifies a dollar amount in which installments are to be paid he has chosen which settlement option?
Fixed Amount
If you have not paid child support because of bank repute?
If you have not paid child support because of bankruptcy in Canada? If you have not paid child support because of bankruptcy can you go back if the person is now working and have a income?
Does bankruptcy cover all debt?
Yes, bankruptcy does cover all debts. If you declare bankruptcy, the other guy doesn't get paid, and you leave laughing.
How do you request a vendor that his dues will be paid in three installments due to lack of sufficient cash?
suck cick and get lost
