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Such dismissal is generally based on a "bad faith" filing (petition). Bad faith can be broadly defined as an unfair or unequitable act. For example the debtor has no means of actually repaying debts and is using the filing in an attempt to stop litigation or to harass creditors. The debtor gave false informaation such as non-disclosure of assets or property, and so forth.

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โˆ™ 2006-07-17 18:03:14
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Q: What causes a chapter 13 bankruptcy to be dissmissed with prejudice?
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Related questions

What are the causes of Prejudice?

The main reasons for prejudice are ignorance, environment, religion, jealousy.

What are the causes prejudice?

The main reasons for prejudice are ignorance, environment, religion, jealousy.

Can a 523 Bankruptcy complaint that was dismissed without prejudice be amended with new allegations?

A dismissed complaint is no longer before the bankruptcy court, and so it cannot be amended; there is, legally speaking, nothing to amend. However, if the complaint was dismissed without prejudice then a new complaint can be filed, provided that the causes of action alleged in the complaint are not barred by any applicable statute of limitations.

What causes of bankruptcy?

The lack of money.

How are prejudice and discrimination relate to each other?

The prejudice causes the discrimination. Someone is prejudice against another person so they discriminate against them.

What are the causes of prejudice and injustice?

Failure to bridge the difference.

What causes prejudice against immigrants?

Competition for jobs

What is a Chapter 11 Lawyer?

A Chapter 11 lawyer is an attorney with a specialization in Chapter 11 bankruptcy. This is a specific type of bankruptcy that applies within the jurisdiction of the United States of America. It explains how reorganization can take place when filing for bankruptcy. This type of bankruptcy can be taken advantage of either by individuals or by business entities, but it is generally used by corporations. Chapter 11 is about reorganization, while Chapter 7 is about liquidating assets and Chapter 13 is about reorganization for individuals. Chapter 11 bankruptcy can not be undergone successfully without the aid of qualified professionals, and this is where the aid of a Chapter 11 attorney becomes necessary. When a business reaches the point where it can not pay off its debt on time, the business can file for bankruptcy in the federal courts with either Chapter 7 or Chapter 11. Under Chapter 7 bankruptcy, the business would sell off all of its assets and give the cash earned to its creditors. With Chapter 11, the debtor keeps ownership of the business, which undergoes reorganization. Chapter 11 allows a debtor to restructure their business in several ways. The court may allow former contracts to be canceled. They may be able to acquire loans by giving the new lenders highest priority with regard to the revenue of the business. Additional litigation against the business is prevented during bankruptcy court. If the debt of the company is greater than its value, the rights of the business will be transferred to the creditors. The amount of time that it takes for a Chapter 11 bankruptcy to be handled in the courts can last between a few months and a few years, depending on the complexity of the issue. For the first 120 days, the debtor has the right to propose plans for reorganization. After this time, creditors are also allowed to present plans. If a company owns stock which is traded publicly, Chapter 11 bankruptcy causes the stock to be delisted. In most cases, the stocks become useless. The reasoning behind Chapter 11 bankruptcy is the idea that businesses can provide more value when they are reorganized and distributed then when the individual parts are sold off as assets. By keeping the business running, canceling debts, and transferring ownership of the company, it is possible for more value to be transferred to the creditors than if the individual parts are sold. This can also prove more beneficial for the debtor as well.

What was the causes of the decline of the Byzantine empire?

wargreed bankruptcy famine one of these

What causes hard lumps in your mouth?

Raceist or prejudice comments sorry u deserve it haha

What are some possible causes of prejudice?

Prejudice may be caused by a mere dislike of something without apparent reasons. Prejudice could also be caused by the understanding or misunderstanding of the something. Due to the lack of understanding, the wrong impression can be formed and prejudice could result. On the other hand, prejudice could also stem from the understanding of something, which lead to a negative feeling towards the subject, and thus forming prejudice.

What connection does Scout make that causes her to cry in chapter 16?

what connection does scout make that causes her to cry

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