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[DOC File]UNITED STATES BANKRUPTCY COURT
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This $20,000 will not be included as net disposable income for purposes of calculations of distributions to unsecured creditors. Any excess net disposable income after the deductions set forth above of the Debtor shall be paid to the Trustee for distribution to unsecured creditors. The Debtors’ projected income and expenses are summarized on Exhibit A attached to the Plan. The Debtors ...
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[DOC File]Materials on the Discharge of Student Loans Through Bankruptcy
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1 Personal and Small Business bankruptcy Practice in California §§ 10.13 Debts Automatically Nondischargeable; 10.13A Student Loans; 11.46 Final Plan Payments and Discharge (2007). KFC365.A6 P47 2003 (No longer updated by publisher as of 2007) Rutter Group Practice Guide: Bankruptcy ch. 22:300–22:377 Student Loans (2010). KF1527.M37 2008 . Student Loan Law Chapter 7: Discharging …
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[DOC File]BANKRUPTCY
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1) After a transfer, 2) C extended new unsecured value. ex: after delivery of apples, D pays seller--new value. Policy: encourage C to lend to D to help avoid BR filing. 5) SI in Inventory and Receivables §547(c)(5) SI here voidable only to extent C's position has improved to. the prejudice of the estate
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[DOC File]IMPORTANT INFORMATION ABOUT BANKRUPTCY
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If relative or friend co-signed a loan which the debtor discharged in bankruptcy, the cosigner may still be obligated to repay the loan. 4. Discharge debts that are incurred after bankruptcy has been filed. Bankruptcy’s Effect on Your Credit. By federal law, a bankruptcy can remain part of a debtor’s credit history for 10 years. Whether or ...
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[DOC File]Secured Transactions - Ryerson University
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Only months after the loan the defendant begins defaulting. The bank then insists on a forbearance agreement (restricts what the debtor can do) and personal guarantees. Finally the bank goes for the collateral under the forbearance agreement. The demand is made at 2am and the receiver is at the debtor’s premises by 5am. Was notice required? If so was it reasonable?
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[DOC File]Bankruptcy - Prof King
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- If loan b/f date of bankruptcy, date of transfer = date filed (10 days -> not fot antecedent debt) - If executed 9 days b/f bankruptcy and then filed, perfected against bona fide purchaser w/in 10 days relation back -> §547(e)(2) relates back filing -> 9 days Still w/in 90 days, but not for antecedent debt but for present consideration so Not Voidable Preference.
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After bankruptcy loan personal unsecured