Quick Answers about Bankruptcy in Massachusetts On this site, we give you the honest, straightforward answers you're looking for about filing bankruptcy in Massachusetts. Our firm has been representing consumers and businesses in bankruptcy for more th
There is a bankruptcy court for every judicial district in the United States. Every state in the country has one or more districts. There are ninety bankruptcy districts in the United States. The bankruptcy courts usually have their own clerk's offices. The court official with the power to ma...
in favor of junior interests, in order to facilitate a quicker liquidation or a reorganization in which senior interests receive debt instruments with a high likelihood of ultimate payment. There has been considerable academic criticism of the governance of business bankruptcy in the United States, de...
“In both cases, there has to be two tax returns filed for that current tax year,” Barger said. “One will be the Form 1040 (for the individual) and the other will be filed by the trustee, even if the debtor is the trustee, called a Form 1041 (for the bankruptcy estate itself)....
Bankruptcy can discharge student loans, but only as a last resort. Before you file for bankruptcy, understand the process and explore alternative options.
The Bankruptcy records cover all Bankruptcy Districts in the United States including voluntarily or involuntarily Chapter 7, 11, 12, and 13 petition filings. Quandis offers two search types: Basic Search Extended Search Bankruptcy Case Number Bankruptcy Chapter State Of Filing Filing Date Date Closed...
You may or may not know that there are different types of bankruptcy filings. These types are called chapters because they refer to different chapters in the United States Bankruptcy Code. Each of these chapters allow for different types of debt relief for different types of individuals and entit...
States have varying definitions of what assets a debtor can retain in bankruptcy, especially equity assets, and so it is important for you to know what are these exempt assets so that you can identify them in your filing and possibly keep them from being liquidated. You cannot just transfer ...
Advances in Educational AdministrationHunter, R. C., & Donahoo, S. (2003b). Filing for academic bankruptcy: The impact and econom- ics of state takeovers. In R. C. Hunter & F. Brown (Eds.), Challenges of urban education and efficacy of school reform (pp. 283-294). Oxford, England:...
Bankruptcy is a status in which a court, by way of judicial process, deems a person unable to pay their debts. There are two kinds of personal bankruptcy: Chapter 7 and chapter 13. Chapter 7 bankruptcy can wipe out all your eligible debt, but you may hav