0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
The debtor surrenders his nonexempt property for division among his creditors?
liqidation
What chapter proceeding the debtor surrenders his nonexempt property for division among his creditors?
The chapter that typically follows a debtor's surrender of nonexempt property for division among creditors is Chapter 7 bankruptcy. In Chapter 7, a trustee is appointed to liquidate the debtor's nonexempt assets to pay off creditors.
Is Simon Property Group based in Indiana?
Simon Property Group is based in Indianapolis, Indiana
Where is Simon Property Group?
Simon Property Group is headquartered in Indianapolis, Indiana, United States.
You are being sued by a credit card company for 7000 and you only make 7000 a year what can happen?
State laws govern how creditor lawsuits are adjudicated. In general,lif the creditor wins the suit (and they probably will) they receive a writ of judgment which can be executed against the defendent's nonexempt property. A writ can be used to garnish wages, levy bank account(s), place liens against real property, or liquidate any nonexempt property....Macky (macky83@juno.com) your screw'd
What city is Simon Property Group in?
Simon Property Group is based in Indianapolis, Indiana
What state is Simon Property Group in?
Simon Property Group is based in Indianapolis, Indiana
Whether gifts comes under exempt or nonexempt property in bankruptcy law?
Gifts are typically considered nonexempt property in bankruptcy law. Nonexempt property is subject to being liquidated or sold to repay creditors in a bankruptcy case. However, there may be certain exemptions or limitations depending on the specific bankruptcy laws of the jurisdiction and the value or nature of the gift. It is best to consult with a bankruptcy attorney to understand how gifts may be treated in your specific situation.
In Indiana does a common law wife have any rights to property that is in her husbands name?
No. There is no common law marriage in the state of Indiana. An unmarried partner has no legal interest in their partner's property.
The judgment is fo 500000 dlls what can they do to you?
It depends on what state you live in. Possible actions are wage garnishment, bank account levy, property lien, or liquidation of nonexempt assets belonging to the debtor.
Can they garnish wages in Texas?
Texas only allows wage garnishment if the debt cannot be collected by other means (bank account levy, seizure and sale of nonexempt property, lien against real property). Wages can be garnished when the matter is one of child support.
What is the max height for landfills in Logansport Indiana?
I do not know the specifics in Indiana, but, in many cases, the maximum height is the height of adjacent property.
