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Here are the most recently submitted articles for Bankruptcy Articles and its subcategories. You can also submit an article for inclusion in our listings.
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Chapter 11 Explained - Chapter 7 Explained - Frequent Questions |
Credit for Public Interests
Author: Evan Bailyn
Do Bankruptcy Claims Involve Any Other Public Interests?
They certainly can! So far we have been talking about straightforward bankruptcies, with debtors, general creditors and secured creditors. There are other considerations that can make things more complicated. Environmental regulations are a good example.
Assuming or Rejecting Unexpired Leases
Author: Evan Bailyn
Bankruptcy and Unexpired Leases: What are the Rules?
The principal question applied to leases in bankruptcy proceedings is this: is the lease in question an actual long-term rental agreement, or is it a financial instrument that has been utilized for favorable taxation, depreciation, or other business advantages?
Appointment of an Examiner
Author: Evan Bailyn
Bankruptcy Oversight Options
The Bankruptcy Code outlines the traditions and practices that the bankruptcy courts have found to be practical and fair. According to the Code, after a bankruptcy petition has been filed and granted, there are generally three types of bankruptcy oversight.
Appeals in Bankruptcy
Author: Evan Bailyn
Filing for bankruptcy can be a pretty big deal. This is because a court becomes involved and the process can drag on for some time. Ultimately, the court will decide how you should pay back the debts you’ve accrued. But what happens if you disagree with the court’s ruling?
Abstention Under Bankruptcy Code
Author: Evan Bailyn
The rules governing the bankruptcy court are mighty complex and at times can seem unfair. For example, in some instances the court can suddenly call a stop to a bankruptcy proceeding if they do not want to listen to the entire case.
Trading in Claims
Author: Evan Bailyn
The Bankruptcy Court as Marketplace
As a legal concept, bankruptcy in its purest form is a mechanism to protect a stressed debtor and to ensure fairness in settling the amalgam of outstanding claims against him. The tools enshrined in the bankruptcy code are designed to call a halt to the activities of both debtor and creditor: automatic stays, the freezing of assets, third party oversight and so forth.
Sovereign Immunity In Bankruptcy
Author: Evan Bailyn
When you think of the term “bankruptcy,” you probably think of something that occurs between two parties, namely the debtor (the one who owes a sum of money) and the creditor (the one who is owed the sum of money). However, several other entities are often involved as well.
Chapter 7 Bankruptcy Basics
Author: Evan Bailyn
What is Chapter 7?
Chapter 7 is bankruptcy, the inability to pay debts as they come due, and the discharge of debt for individuals. Chapter 7 bankruptcy in particular liquidates and divvies up the assets of the person who can’t pay their bills.
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