Fundamentals of Bankruptcy Law
Author | : |
Publisher | : |
Total Pages | : 478 |
Release | : 1986 |
Genre | : Bankruptcy |
ISBN | : |
Download Fundamentals of Bankruptcy Law Book in PDF, ePub and Kindle
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Fundamentals Of Bankruptcy Law PDF full book. Access full book title Fundamentals Of Bankruptcy Law.
Author | : |
Publisher | : |
Total Pages | : 478 |
Release | : 1986 |
Genre | : Bankruptcy |
ISBN | : |
Author | : George M. Treister |
Publisher | : |
Total Pages | : 508 |
Release | : 1988 |
Genre | : Bankruptcy |
ISBN | : |
Author | : George M. Treister |
Publisher | : American Law Institute-American Bar Association(ALI-ABA) |
Total Pages | : 543 |
Release | : 2006-09-26 |
Genre | : Law |
ISBN | : 9780831808693 |
Author | : Richard Irving Aaron |
Publisher | : |
Total Pages | : |
Release | : 2010 |
Genre | : Bankruptcy |
ISBN | : |
Author | : Sweet & Maxwell, Limited |
Publisher | : |
Total Pages | : |
Release | : 1984-01-01 |
Genre | : |
ISBN | : 9780420011602 |
Author | : |
Publisher | : |
Total Pages | : |
Release | : 1990 |
Genre | : |
ISBN | : |
Author | : Matthew Roy |
Publisher | : Independently Published |
Total Pages | : 70 |
Release | : 2019-02 |
Genre | : Law |
ISBN | : 9781798101094 |
The Basics of Bankruptcy In simple terms, bankruptcy can best be described as a federal process wherein you are allowed to close out all or some of your debt, and enables you (the debtor) to start off with a clean financial slate. Since bankruptcy is a legal process, you'll have to appear in court before a federal judge. During which, the judge, your creditors and yourself will come to an agreement as to how your debt can be cleared. This generally falls under two categories: You and your creditors can come to terms about a new payment plan in which you'll be allowed to maintain possession of all your property, but will be required to repay some or all of your debt by making payments monthly over a period of time. This is known as reorganization. The next category is referred to as liquidation. This entails your creditors sequestering all your assets that are non-exempt to aid in repaying some of your debt. The remainder of your debt is usually forgiven. Bankruptcy can be filed by businesses and individuals alike. Once you are seeking a way out of being buried by an inordinate amount of debt, whether you are a business, CEO of a company, soccer mom, or celebrity, filing for bankruptcy can possibly be an option for you. You should however keep in mind that bankruptcy does have an impact on your credit; as such, you'll find it somewhat difficult to get a loan (depending on who the lender is), even a few years after you have filed. Chapter 7 bankruptcies are by far the most common. These are liquidation bankruptcies in which the debtors must turn over all "non-exempt" property to a supervising officer known as the bankruptcy trustee. Property is exempt if it falls within specific categories of assets that debtors are allowed to keep, such as a certain amount of clothing, household items, tools for work, and in some instances, vehicles and the family home. The Chapter 7 trustee will take the debtor's non-exempt property (if there is any), and sell it. The money will be paid to the debtor's creditors. This may result in creditors receiving a small fraction of their claims. The balance of the debtor's loans and obligations are forgiven and can never be collected. Creditors who attempt to collect debts that have been discharged face severe penalties under federal law. For more inforamation click on the BUY BUTTON
Author | : American Law Institute-American Bar Association Committee on Continuing Professional Education |
Publisher | : |
Total Pages | : |
Release | : 1984 |
Genre | : Bankruptcy |
ISBN | : |
Author | : David G. Epstein |
Publisher | : West Academic Publishing |
Total Pages | : 322 |
Release | : 2007 |
Genre | : Law |
ISBN | : |
This book focuses on the material covered in a typical law school course on bankruptcy. It covers both business and consumer bankruptcy, explains basic bankruptcy concepts, and uses those concepts to make code provisions understandable.
Author | : Charles Jordan Tabb |
Publisher | : |
Total Pages | : 0 |
Release | : 2010 |
Genre | : Bankruptcy |
ISBN | : 9781422478981 |
Bankruptcy Law: Principles, Policies, and Practice puts bankruptcy law in context, illuminating the evolution of the Bankruptcy Code with an exploration of current and historical non-bankruptcy remedies. The book continually approaches each topic through the goals of creditors and debtors, exploring how each is served in various parts of the Code. Extensive questions and numerous problems focus student attention on the mechanics of the bankruptcy process. But they do so through the lens of history and policy, and they explain why the law is the way it is. The Third Edition has been revised extensively throughout to reflect changes in the law and its underlying philosophy, as well as significant new case law developments. In addition, a new chapter adds coverage of bankruptcy jurisdiction. The authors' aim in designing the casebook was to provide a very accessible medium for introducing students to bankruptcy law in a sophisticated manner. As the title indicates, the emphasis is on the relationship between the core principles essential to an understanding of the law, the policies animating those principles, and the challenges presented by the effectuation of those principles and policies in bankruptcy practice. In its methodology, Bankruptcy Law: Principles, Policies, and Practice relies on a variety of expository tools-textual discussion, comprehension questions, problems, cases and thought / discussion questions-all with a careful eye toward building upon previous materials and concepts. Economy of presentation is the hallmark of the casebook, but the Teacher's Manual picks up where the casebook leaves off. The Teacher's Manual is consciously drafted (in both organization and voice) as a set of detailed teaching notes.