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When should a stockholder receive payment if a company declares bankruptcy?
Wiki User
∙ 12y ago
A stockholder should receive payment only after the claims of the creditors have been paid off if that company declares bankruptcy.
Wiki User
∙ 12y ago
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Does a mortgage company have to accept a late payment during a bankruptcy if they receive it?
No.
Will bankruptcy payment be lowered when house payment is out of default?
Yes. in support with your bankruptcy lawyers experts.
If the mortgage was reaffirmed but on your credit report it appears as Bankruptcy is this an error?
Yes, a reaffirmed mortgage needs to reflect the mortgage payment history before, during and after the bankruptcy proceedings. "In Bankruptcy" needs to portray only DISCHARGED BY or INCLUDED IN...Bankruptcy. Contact your mortgage company so that all of your payment history shows on all three bureaus. No. Not if it were a part of the bankruptcy filing. It may or may not be marked included in bankruptcy or reaffirmed in bankrutpcy. It will still remain on the CR for the prescribed time.
Can you cancel your insurance if your car is in bankruptcy?
Absolutely not! If you are still using the vehicle, it must be insured. However, the insurance payment would not be covered by the bankruptcy.
Are there payment options with your mortgage company after your bankruptcy has been dismissed?
That is at the discretion of the lender. The majority of lenders, if they can be certain you will be able to meet your obligations, will work with you. Foreclosure is not something that lenders want to do, and try to avoid if possible.
A payment made by a company to a stockholder to share in the company's profits is known as?
A dividend.
Does a mortgage company have to accept a late payment during a bankruptcy if they receive it?
No.
Can a company that files bankruptcy stop payment on checks issued before the bankruptcy?
Obviously they can issue a stop on checks in normal course of business. But, any check outstanding at filing....WILL NOT BE HONORED...the court immeadiately stops and holds the banking accounts of the filing company...those assets are part of the bankruptcy...as is any uncashed check. The no payment order isn't from the Company...it is part of the operation of law.
Will bankruptcy payment be lowered when house payment is out of default?
Yes. in support with your bankruptcy lawyers experts.
Stopping a bankruptcy order over credit card?
Been paying a credit card under a payment agrement the company sold on the debt to another company and the have sent a letter and a draft of a bankruptcy order for the full amount!
Are vendors guaranteed payment selling a company in Chapter 11 Bankruptcy?
No, but generally they receive higher preference than unsecured creditors that issued credit prior to the bankruptcy, should the chapter 11 company go to chapter 7.
What do you do when your cosigner declares bankruptcy and the bank wants to repo your car which you have kept current?
You pay the loan off in some way or make a large enough payment so you meet the banks guidelines for a loan on your own CR.
If the mortgage was reaffirmed but on your credit report it appears as Bankruptcy is this an error?
Yes, a reaffirmed mortgage needs to reflect the mortgage payment history before, during and after the bankruptcy proceedings. "In Bankruptcy" needs to portray only DISCHARGED BY or INCLUDED IN...Bankruptcy. Contact your mortgage company so that all of your payment history shows on all three bureaus. No. Not if it were a part of the bankruptcy filing. It may or may not be marked included in bankruptcy or reaffirmed in bankrutpcy. It will still remain on the CR for the prescribed time.
Can you sue the repo man if he takes the truck after you filed bankruptcy?
(A): "Can you sue the repo man if he takes your truck after you filed bankruptcy?" (B): The answer is "No". The truck is the property of the dealer, or finance company, until your final payment to them is made, and the receiver in bankruptcy may not seize property of which title belongs to a second party (dealer or finance company). Chris
Can you keep your house if bankruptcy is dismissed for non-payment?
That decision is made by the lender not the bankruptcy court.
When a business earns a profit how is a stockholder compensated?
At the company's discretion, stockholders may receive a dividend payment from the businesses shareholder's equity based on either the percentage of stock the shareholder owns or a set amount per share.
In New Jersey can the mortgage company demand full payment if you become late or past due after chapter 7 bankruptcy?
Yes...AFTER BK provides NO protection or change in you obligation
