LLC in Chapter 7 Bankruptcy Not Obligated to Remit State Taxes on Behalf of Out-of-State MembersNorth Carolina has a statute providing that the manager of an LLC doing business in North Carolina must on behalf of out-of-state members remit to the state theSubmitter, SKO Firm...
Applied Machinery Sales (AMS) filed Chapter 7 bankruptcy on Aug. 17 under the name Applied Machinery Rentals, LLC. The filing comes after owner Garth McGillewie died June 21, 2023 at the age of 61. According to a report onSNBC13.com,AMS was a distributor of construction equipment and wa...
A short tutorial about the bankruptcy trustee, the debtor's main contact in a bankruptcy case. Subtopics: Creditors’ Meeting; Chapter 7 Trustee, or Panel Trustee; Example: Computing the Panel Trustee's Commission; Chapter 13 Trustee, or Standing
Chapter 7 bankruptcy is the debtor's (non-exempt) assets are sold to repay outstanding debts, with the remainder of the debt not needing to be repaid. Qualification for Chapter 7 bankruptcy is contingent on earning below a certain income threshold. Chapter 11 bankruptcy is where the debtor ...
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Chapter 7 is the most common type of bankruptcy, and is also the quickest and simplest to file. Termed “liquidation bankruptcy,” a Chapter 7 bankruptcy does not include a reorganization of debt. Rather, some unsecured debts are wiped out in Chapter 7,
Bankruptcy for... AS Elias,B Laurence 被引量: 3发表: 2010年 CHAPTER 2: The Automatic Stay Chapter 2 of the book "How to File for Chapter 7 Bankruptcy" is presented. It discusses the features of a court order called the automatic stay, and how it... A Renauer,R Leonard,S Elias -...
Bankruptcy Court for the Eastern District of North Carolina approved the plan. The settlement fund will be paid over a 12-year period, the news outlet added. In accordance with the plan, USTC pays in full its secured lenders, suppliers and unsecured creditors in addition to settlement amounts...
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The article announces that Hospital Partners of America has filed for Chapter 11 protection in U.S. Bankruptcy Court in Wilmington, Delaware in September 2008. The company is seeking buyers for its stakes in four hospitals. HPA does not ... V Galloro - 《Modern Healthcare》 被引量: 0发表...