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IRS, employees, debt holders, equity holders
Wiki User
∙ 13y ago
Wiki User
∙ 14y agoAdministrative costs...basically - lawyers
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Are employees wages protected in bankruptcy?
NO first the Government then the banks then everyone else.
Is there a time limit for banks to foreclose on your home after filing bankruptcy been discharged?
The bankruptcy law does not set a time limit for banks to foreclose on your home after filing bankruptcy. In fact, banks are prevented from foreclosing or continuing a foreclosure already in process upon the filing of a bankruptcy without first obtaining an order from the bankruptcy court allowing it to foreclose or continue a foreclosure already commenced.
If you did not make your first monthly payment to the bankruptcy trustee what will happen?
In some cases the trustee will allow a thirty day grace period for the missed payment. Pertaining to a first installment immediate action to dismiss the 13 might be taken. It is for the most part at the discretion of the bankruptcy trustee, missing any payment is reason for dismissal with prejudice.
How does one file for chapter 7 bankruptcy?
The first step is to talk with a bankruptcy attorney, then fill out the appropriate paperwork and file it with a bankruptcy court.
Do employees get paid vacation time in chapter 13 bankruptcy?
by virtue of the financial tool called "bankruptcy" it is meant that you need protection from all creditors and those liabilities of your business. It's probably one of the reasons that the company needs help. Technically you could hire counsel to force your rights as employees but I can tell you this......in terms of fallout and who's gonna get their money first, employees are low on the totem pole. All the other creditors will have their claims satisfied first, read more about Enron- they are going through the same thing.
District courts have authority to hear federal cases first?
Yes. US District Courts are the trial courts of general jurisdiction. They hear civil and criminal cases that involve federal and constitutional law and US treaties, provided the case doesn't fall under the jurisdiction of one of the US Special Courts (bankruptcy, tax, etc.).
What has the author Gerald Henry Louis Fridman written?
Gerald Henry Louis Fridman has written: 'Restitution' -- subject(s): Restitution 'Modern tort cases' -- subject(s): Torts, Cases 'Sale of goods in Canada' -- subject(s): Sales 'Bankruptcy law and practice' -- subject(s): Bankruptcy 'Torts' -- subject(s): Torts 'The law of contract in Canada : first supplement' -- subject(s): Contracts
Where was tyra banks first photo shoot?
tyra banks first photo shoot was in paris
Bankruptcy if married can one spouse file bankruptcy independently from the other Is the one spouse then held responsible for the first spouse's debts if bankruptcy Is filed?
One spouse can file bankruptcy separately and both are held responsible.
Can they take your second home in bankruptcy?
Unfortunately yes. Bankruptcy is a real sacrafice. Oh...they can take your first house too.
Did tweeter file for bankruptcy?
Yes, Tweeter electronics filed for bankruptcy twice. The first time they were bailed out by SAMCO (schultze asset management), and then Schultze declared them bankrupty 10/08. Customers who put down deposits got their deposits confiscated. Employees lost final paychecks and vacation time and warranties were sold, but not honored until the courts stepped in.
What is the best approach to file for bankruptcy?
The best approach to file for bankruptcy is to first evaluate your current situation. Is it truly bankruptcy? How will this affect you? If you decide that bankruptcy is the only way, this is what you must do. Contact a bankruptcy attorney to make sure that it is all done correctly. That is the only way to make sure.
