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What else can I help you with?
Can a mortgage company add past-due payments that were included in a chapter 13 to the amount owed on a house and increase monthly payments to make up for the amount added?
Absolutely not, once a debt is covered by chapter 13 bankruptcy. That debt and its interest rate can no longer be billed for.
Is Lewis equipment company in bankruptcy?
Yes it is in chapter 11
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.
Could A company in chapter 11 bankruptcy be sued for discrimination?
Sure
If a company files for bankruptcy do they still have to pay employees severance if they were entitled to it?
When a company files for bankruptcy, it may still be obligated to pay employees severance if they were entitled to it, but this can depend on the type of bankruptcy filed and the company's financial situation. In Chapter 7 bankruptcy, for instance, assets are liquidated to pay creditors, and employees may only receive severance if there are sufficient funds after priority claims are settled. In Chapter 11 bankruptcy, the company may continue operating and could honor severance agreements as part of its reorganization plan. Ultimately, the specifics can vary based on the circumstances and legal proceedings involved.
If a loan is not reaffirmed in bankruptcy but you continue to voluntarily make payments can the loan company report you to the credit bureau if you're late with these payments?
According to my mortgage company, "no." However, the bad part is that you continue to accrue late charges and in the event you accidentally missed a payment, they don't make the standard courtesy calls. They cannot pursue the money once the BK is complete.
If a trucking company files bankruptcy and you are leasing a truck from them what is your responsibility to the company?
If your thinking you no longer have to make payments, your wrong. Your responcibility to the company is the exact same, it doesn't change because they filed for bankruptcy.
If your company is owed money from a company that goes into Chapter 11 what do you need to do?
If a company goes into a Chapter 11 owing your company money, you need to submit a claim to the bankruptcy court yesterday.
Did foxworth galbraith Texas file bankruptcy?
Yes, Foxworth-Galbraith Lumber Company, a Texas-based building materials supplier, filed for Chapter 11 bankruptcy protection in June 2020. The company cited financial difficulties exacerbated by the COVID-19 pandemic as a key reason for the filing. Following the bankruptcy, they aimed to restructure their debts and continue operations.
What companies will underwrite homeowners insurance while under bankruptcy?
What company will insure you when in chapter 13 if you home is not covered in the bankruptcy. If you have current insurance and the company is going out of business.
When is the right time to invest in a company that is under chapter 11 Bankruptcy?
no time is right time to invest in such company
What is chapter 7 bankruptcy liquidation?
A Chapter 7 bankruptcy is a "straight bankruptcy" where the assets are liquidated. This differs from Chapter 11 and Chapter 13 bankruptcies, where the company is reorganized. For more information see the related link.
