0
What else can I help you with?
When should a stockholder receive payment if a company declares bankruptcy?
A stockholder should receive payment only after the claims of the creditors have been paid off if that company declares bankruptcy.
How long can a company stay in bankruptcy proceedings?
There is no timeframe. Some take years. Some creditors can file suit in the bankruptcy court to protect claims if need be. This is normally used on items such as cars that go down in value over time and are secured claims.
Are employees unsecured priority claims in Bankruptcy Court?
Unpaid employees are priority unsecured bankruptcy claims up to approximately 10,000.
What is the liability for product warranty claims is an example of a liability that?
Product warranty claims liability is an example of a liability that arises from a company's obligation to repair or replace products that are defective or do not meet the terms of the warranty. This liability represents the estimated cost of fulfilling these warranty claims and is recorded on the company's balance sheet as a potential expense that may need to be incurred in the future.
How do you get a lien removed because you refused to pay blinds company because the product you received was measured incorrectly.?
take the company to small claims court
Can the Bank go after the cosigner for a balance that was settled with them before a bankruptcy?
yes, unless the co-signer claims bankruptcy
How useful are company claims?
Company claims can be useful as they provide insight into a brand's values, mission, and product features. However, they often reflect marketing strategies and may not always be fully substantiated. It's important for consumers to critically evaluate these claims, seeking independent reviews and evidence to verify their accuracy. Ultimately, while company claims can guide purchasing decisions, they should not be the sole basis for trust.
What is an example of propaganda found in selling?
An example of propaganda in selling might be a company using exaggerated claims or testimonials to promote a product's benefits, without providing objective evidence to support those claims. By manipulating emotions or using persuasive language, the company aims to influence buyers towards a particular product or service.
Will your mortgage company know if you filed bankruptcy?
Yes. When you file bankruptcy you are required to fill out a number of forms. Schedule D is the form for Creditors holding secured claims and a home mortgage is a Secure Debt. You will have a complete list of all your creditors names, addresses, account numbers on a form called the Creditor's Mailing Matrix. The Bankruptcy court sends notification to all the creditors listed that you have filed bankruptcy.
Can a person file for bankruptcy to avoid paying small claims court?
Probably, assuming they are actually bankrupt. If they are not actually bankrupt, then the automatic stay will delay the small claims court for a while, but the person who filed for bankruptcy is going to end up in even more hot water with the bankruptcy court.
What type of attorney typically handle product liability claims?
The type of attorney that handles product liability claims is acatually a product liability attorney!
Open invoices company who owes money files bankruptcy?
They become claims in the BK, to be settled there. No collection actions may be continued. You can decide if you want to extend any "new" credit" or insist on COD.
