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What else can I help you with?
What kind of services do business bankruptcy lawyers offer?
A business bankruptcy lawyer can guide your business through the bankruptcy process, and ensure that you can maintain as much of your assets as possible while undergoing the bankruptcy process.
What companies will underwrite homeowners insurance while under bankruptcy?
What company will insure you when in chapter 13 if you home is not covered in the bankruptcy. If you have current insurance and the company is going out of business.
Can you keep your house while going into bankruptcy?
No.
What companies have filed bankruptcy in Michigan?
While many small companies (mom and pop) business have declared bankruptcy the biggest is GENERAL MOTORS who declared bankruptcy.
The act of turning over a company to an independent overseer while going through hard financial times is called?
it is bankruptcy. your'e welcome c;
Can an individual establish a corporation while on chapter thirteen bankruptcy?
Yes, a person can start a business or corporation while in the midst of a Chapter 13 bankruptcy case. If you are looking for start-up funding, you will have to ask the bankruptcy court for permission.
What happens when a judgment is against us while in the process of claiming bankruptcy?
If you are filing bankruptcy, you should have a bankruptcy lawyer onboard, and this is a question for him or her to deal with. You do not want to go through a bankruptcy on your own, especially as the bankruptcy rules have changed.
Things that could go wrong while owning a business?
Bankruptcy or no one would come work there.
Can a landlord evict a business tenant while there in chapter 13 bankruptcy?
A business cannot file a chapter 13. But a person can be evicted if he does not pay rent.
What will happen to a parent bank account if child files for bankruptcy?
The subsidiary can enter into CH11 bankruptcy protection while the parent can remain outside bankruptcy and continue as a going concern. It depends on distribution of the assets and debt tied to both the parent and the subsidiary that can allow the subsidiary to enter into CH11 protection (insolvency where L > A) and be protected by the automatic stay priveleges the federal courts afford, while the parent will continue under its normal course of business and have to make its lenders and creditors whole.
Can you still fly business class if you are going on a vacation?
Yes, if you plan to go on a business class while you are on the retreat, you can do a business class. It depends on what kind of retreat you are going on.
Do you have to be working to file for bankruptcy?
There are three types of bankruptcy namely Chapter 7 Bankruptcy, Chapter 13 Bankruptcy, and Chapter 11 Business Bankruptcy. Chapter 7 bankruptcy will discharge most types of debts for the average citizen. It will stay on record for ten years, but the major benefit is the stay it provides which prevents creditors from hassling you. On the other hand Chapter 11 bankruptcy is used by businesses, not citizens, to reorganize debts while Chapter 13 bankruptcy is wage earner's bankruptcy, which allows you to repay your debt through a plan. Among these three, Chapter 13 bankruptcy is considered as the best option for people with a steady income, who happen to have fallen behind in loan payments. idk and i dont give rats a**. hahahaha
