0
What else can I help you with?
What is the difference between a secured creditor and an unsecured creditor in terms of their legal rights and priority in the event of bankruptcy?
In bankruptcy, a secured creditor has a legal right to specific collateral that secures the debt, giving them priority in getting paid from the sale of that collateral. An unsecured creditor does not have collateral securing the debt, so they are lower in priority and may not receive full payment.
Do holders of common stock have any rights in a corporation?
Yes, they do have rights in a corporation.
What are some things that are included in a Chapter 11 reorganization plan?
The plan sets forth the debtor's proposed new capital structure, designates the different classes of claims and interests, and proposes possible alteration of the rights of creditors, conversion of unsecured creditors to equity holders, sale of assets
Will you get fired from your job if you file for bankruptcy?
No, you can't get fired for filing for bankruptcy because as what federal law prohibits an employer to discriminate against you for declaring personal bankruptcy. In fact, you will probably be happy and relieved to know that your constitutional rights protect you from being fired for filing bankruptcy. Yes, it is a violation of your rights, not to mention a crime to fire someone for filing bankruptcy. So, don't worry your job is safe.
What are the rights of a cosigner when the primary filed bankruptcy then didnt pay the bankruptcy so the bankruptcy was dismissed?
As a cosigner, you are not at all protected if the primary signer files for bankruptcy. In many cases, filing for bankruptcy relieves the primary signer on the loan from his obligations towards the loan, at which point the lender will turn to the cosigner for payment. You'll either have to pay the loan or file for your own bankruptcy (if necessary).Unfortunately, you're stuck with the loan regardless of whether or not the primary signer successfully completes his bankruptcy filling. You may want to contact a bankruptcy lawyer for some additional advice or assistance.
Which of the following provides the voting rights to the holders of security and residual claims over companys assets?
Since there is nothing 'following' we cannot help you !
What is the difference between a secured creditor and an unsecured creditor in terms of their legal rights and priority in the event of bankruptcy?
In bankruptcy, a secured creditor has a legal right to specific collateral that secures the debt, giving them priority in getting paid from the sale of that collateral. An unsecured creditor does not have collateral securing the debt, so they are lower in priority and may not receive full payment.
If i didn't list a creditor on your bankruptcy can they still collect there debt?
If it was an unsecured debt, and you did not intend to omit it for some reason that would constitute fraud, it was discharged. If a debt collector is trying to collect it, see a bankruptcy lawyer or a lawyer who handles debt collection defense. You can file for contempt in the bankruptcy court. You may also have rights under state consumer protection laws.
Can you file bankruptcy on rent to own portable buildings?
Yes, you can file for bankruptcy on rent-to-own portable buildings, as these agreements are typically treated as unsecured debts. However, the specific treatment of the contract may vary based on your state's laws and the type of bankruptcy you file (Chapter 7 or Chapter 13). It's essential to consult with a bankruptcy attorney to understand your rights and obligations regarding the portable buildings in your specific situation.
Do holders of common stock have any rights in a corporation?
Yes, they do have rights in a corporation.
Does an unsecured creditor have any rights in bankruptcy?
You have the right to receive notice of the 341 meeting (first meeting of creditors) and the right to attend that meeting and ask the debtor any questions relating to the bankruptcy or to your claim if you believe you might be entitled to avoid a discharge or if you believe the debtor is committing fraud by hiding, failing to disclose or has transferred assets prior to filing. Keep in mind that such assets go to the trustee to pay him/her and then for any costs on acquiring those assets for the estate and the the balance gets distributed pro rata to all the unsecured creditors.
What are some things that are included in a Chapter 11 reorganization plan?
The plan sets forth the debtor's proposed new capital structure, designates the different classes of claims and interests, and proposes possible alteration of the rights of creditors, conversion of unsecured creditors to equity holders, sale of assets
Can bankruptcy stop a divorce?
Bankruptcy can maybe stop the other person taking money from you but it wont stop them claiming the rights to your assets.
Will you get fired from your job if you file for bankruptcy?
No, you can't get fired for filing for bankruptcy because as what federal law prohibits an employer to discriminate against you for declaring personal bankruptcy. In fact, you will probably be happy and relieved to know that your constitutional rights protect you from being fired for filing bankruptcy. Yes, it is a violation of your rights, not to mention a crime to fire someone for filing bankruptcy. So, don't worry your job is safe.
What has the author Diane Sigmund written?
Diane Sigmund has written: 'Protecting your rights as creditors in bankruptcy' -- subject(s): Bankruptcy, Debtor and creditor
Are Plangent Visions Music Ltd still holders of the rights for the Juliet Letters?
Yes.
What has the author A Mims Wilkinson written?
A. Mims Wilkinson has written: 'Rights of unsecured creditors' -- subject(s): Debtor and creditor
