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Examples of the the word, debtor , in a Sentence Context

The word ( debtor ), is the 8942 most frequently used in English word vocabulary

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  1. Of state law remedies to the extent a debt remains unpaid. In Chapter 11,the, debtor ,retains ownership and control of its assets and is re-termed a debtor in
  2. A plan cannot exceed the five-year limitation. In contrast to Chapter 7,the, debtor ,in Chapter 13 may keep all of his or her property,whether exempt. If
  3. The repayment plan depends upon a variety of factors, including the value of the, debtor ,'s property and the amount of a debtor 's income and expenses. Secured
  4. A car or" reaffirm" a debt, the creditor with a security interest in the, debtor ,'s car may repossess the car even if the debt to the creditor is discharged.
  5. Years from the filing of the Statement of Affairs with ITS. In the case of a, debtor ,'s petition, the Statement of Affairs is filed with the petition and the three
  6. Trustee who then liquidates the property and distributes the proceeds to the, debtor ,'s unsecured creditors. In exchange, the debtor is entitled to a discharge of
  7. Because once a bankruptcy petition is filed, it is for the creditors, not the, debtor ,to decide whether a particular asset has value. The future ramifications of
  8. Filer. All assets must be disclosed in bankruptcy schedules whether the, debtor ,believes the asset has a net value. This is because once a bankruptcy petition
  9. To registered commercial entities only. In a bankruptcy, all assets of the, debtor ,are liquidated under the administration of the creditors, although the law
  10. Runs the day-to-day operations of the business while creditors and the, debtor ,work with the Bankruptcy Court in order to negotiate and complete a plan. Upon
  11. Of factors, including the value of the debtor 's property and the amount of a, debtor ,'s income and expenses. Secured creditors may be entitled to greater payment
  12. Control of its assets and is re-termed a debtor in possession (" DIP" ). The, debtor ,in possession runs the day-to-day operations of the business while creditors
  13. Distributes the proceeds to the debtor 's unsecured creditors. In exchange,the, debtor ,is entitled to a discharge of some debt; however, the debtor will not be
  14. Not possible to generalize bankruptcy law across state lines. Generally,a, debtor ,declares bankruptcy to obtain relief from debt, and this is accomplished either
  15. Bankruptcy may be reopened by motion of a creditor or the U. S. trustee if a, debtor ,attempts to later assert ownership of such an" unscheduled asset" after being
  16. Delinquent payments for secured debts, such as mortgages or vehicle loans,the, debtor ,may still seek relief under Chapter 13 of the Code. A Chapter 13 plan often
  17. Or her property,whether exempt. If the plan appears feasible and if the, debtor ,complies with all the other requirements, the bankruptcy court will typically
  18. Support, student loans, some taxes) will not be discharged even though the, debtor ,is generally discharged from his or her debt. Many individuals in financial
  19. However, these exemptions vary from state to state. In Chapter 13,the, debtor ,retains ownership and possession of all of his or her assets, but must devote
  20. After over-extending his finances building a new house, and to avoid the, debtor ,'s prison fled to Moscow, where his two eldest sons, Alexander and Nikolai
  21. Of the debtor ’s assets to pay off creditors. However, certain assets of the, debtor ,are protected to some extent. For example, Social Security payments
  22. The debtor a discharge of the debts provided for in the plan. However, if the, debtor ,fails to make the agreed upon payments or fails to seek or gain court approval
  23. To accept or reject the consumer proposal. Once the proposal is accepted the, debtor ,makes the payments to the Proposal Administrator each month (or as otherwise
  24. The funds in accordance with the terms of the confirmed plan. When the, debtor ,completes payments pursuant to the terms of the plan, the court will formally
  25. Have to surrender any property to the trustee. The amount of property that a, debtor ,may exempt varies from state to state. Chapter 7 relief is available only once
  26. Owed to creditors. In the majority of cases, bankruptcy is initiated by the, debtor , An involuntary bankruptcy petition can not be filed against an individual
  27. To full bankruptcy and is generally synonymous with" bankruptcy ". A person or, debtor ,can declare himself or herself bankrupt by lodging a debtor 's petition with
  28. Should be solved by 'creating' additional 'international money ', and that, debtor ,and creditor should be treated almost alike as disturbers of equilibrium. In
  29. Taking any further legal or collection action. If the proposal is rejected,the, debtor ,is returned to his prior insolvent state and may have no alternative but to
  30. In exchange, the debtor is entitled to a discharge of some debt; however,the, debtor ,will not be granted a discharge if he or she is guilty of certain types of
  31. An involuntary bankruptcy petition can not be filed against an individual, debtor ,who is not engaged in business. Etymology The word bankruptcy is formed from
  32. Requirements, the bankruptcy court will typically confirm the plan and the, debtor ,and creditors will be bound by its terms. Creditors have no say in the
  33. Even though their debt is discharged. For example, absent some arrangement by a, debtor ,to surrender a car or" reaffirm" a debt, the creditor with a security
  34. Are permitted to vote on the proposed plan. If a plan is confirmed the, debtor ,will continue to operate and pay its debts under the terms of the confirmed
  35. Discharge of the debt or through a restructuring of the debt. Generally, when a, debtor ,files a voluntary petition, his or her bankruptcy case commences. Chapters
  36. But to declare personal bankruptcy. A consumer proposal can only be made by a, debtor ,with debts to a maximum of $250,000 (not including the mortgage on their
  37. Between a debtor and their creditors. A typical proposal would involve a, debtor ,making monthly payments for a maximum of five years, with the funds distributed
  38. Living beyond his means, was eventually imprisoned in the Marshal sea, debtor ,'s prison in Southward, London in 1824. Shortly afterwards, the rest of his
  39. And other business forms file under Chapters 7 or 11. In Chapter 7,a, debtor ,surrenders his or her non-exempt property to a bankruptcy trustee who then
  40. A very small amount) then the individual qualifies for Chapter 7 relief. If a, debtor ,does not qualify for relief under Chapter 7 of the Bankruptcy Code, either
  41. At the time, was that creditor nations may be just as responsible as, debtor ,nations for disequilibrium in exchanges and that both should be under an
  42. Of omitting assets from schedules can be quite serious for the offending, debtor , A closed bankruptcy may be reopened by motion of a creditor or the U. S.
  43. Procedure for an insolvent merchant that promotes the removal of the, debtor ,from its activities, aiming to preserve and optimize productive use of assets
  44. Of life and limb, which regular slaves did not enjoy. However, servants of the, debtor ,could be retained beyond that deadline by the creditor and were often forced to
  45. To bankruptcy. A consumer proposal is a negotiated settlement between a, debtor ,and their creditors. A typical proposal would involve a debtor making monthly
  46. 11,the debtor retains ownership and control of its assets and is re-termed a, debtor ,in possession (" DIP" ). The debtor in possession runs the day to day
  47. Is to allow the overcoming of the economic-financial crisis situation of the, debtor , in order to allow the continuation of the source producer, the employment of
  48. A person or debtor can declare himself or herself bankrupt by lodging a, debtor ,'s petition with the Official Receiver, which is the Insolvency and Trustee
  49. Payments pursuant to the terms of the plan, the court will formally grant the, debtor ,a discharge of the debts provided for in the plan. However, if the debtor fails
  50. Stimulate the economic activity. It's a judiciary procedure required by the, debtor ,who exercise its activities more than 2 years and have to be approval by the

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