The Section 524(g) amendment to the bankruptcy code was enacted in 1994 to address nationwide concerns about how at-fault companies in Chapter 11 bankruptcy should handle current and future liabilities. This section allows for the creation of an asbestos trust fund to manage and settle all ...
Court of Appeals for the Ninth Circuit in the case Focus Media Inc. versus National Broadcasting Co., supporting a bankruptcy court's decision to provide a summary judgment to creditors. It states the media companies that filed an involuntary chapter 11 petition against Focus based on the ...
If a disclosure statement for a Chapter 11 Plan is approved by the Bankruptcy Court, [the lessor] agrees that, after its vote has been properly solicited, it shall vote (a) to accept the Chapter 11 Plan so long as (i) the Chapter 11...
aKodak, which filed for Chapter 11 bankruptcy protection in January, contends Apple already owes it more than $1 billion in damages for infringement of this and other digital capture patents, according to a bankruptcy court filing this month. 柯达,在 1 月为第 11 章破产保护提起诉讼, Apple 争...
restrictions. Borrowers with a foreclosure on their credit report must wait at least three years after the foreclosure date before they’re eligible for an FHA loan. For bankruptcies, the waiting period is two years for a Chapter 7 bankruptcy and one year for a Chapter 13 bankruptcy, with ...
Chapter 13 Payment Plan: Requirements for Confirmation ◄ Current DocumentConfirmation and Amending the Repayment PlanChapter 13 Repayment Plan: Content and Format ► Chapter 11 Bankruptcy
Late for a very important date: financial reporting and audit implications of late 10-K filings Article 04 February 2016 Dual 8-K filings and auditor downward switches Article 28 January 2022 An evaluation of chapter 11 bankruptcy filings in a competing risks framework Article 06 October 201...
VA loan2 years for Chapter 7 or Chapter 11; 1 year and court permission for Chapter 132 years USDA loan3 years for Chapter 7; 1 year for Chapter 133 years Many lenders require a seven-year waiting period after a bankruptcy or foreclosure before they will lend to a borrower again. “But...
Bankruptcy Code, 11 U.S.C. §109, to require an individual to receive credit counseling before filing a petition for bankruptcy. In certain circumstances, these requirements may be waived. BAPCPA also requires debtors, after they file for bankruptcy relief, to take a personal financial manag...
Required waiting periods after bankruptcy: Chapter 7 or Chapter 11: A four-year waiting period, measured from the discharge or dismissal date is required. A waiting period of two years is possible if extenuating circumstances can be documented, such as job loss that is not expected to recur. ...