Bankruptcy Sentence Examples

Bankruptcy is an issue for many people trying to face debts from years' past.

The rest of us were spiraling toward bankruptcy when Howie turned to Martha.

I am desperately trying to avoid bankruptcy by only buying necessities.

Thus a nation which has to choose between bankruptcy and the repudiation of its debts is on the horns of a dilemma.

How many times have they faced bankruptcy?

Scepticism, it must be confessed, was at the least well equipped to expose the bankruptcy of the post-Aristotelian dogmatism.

I am thankful for the Smith family because they helped us out when we were close to filing bankruptcy.

In art and learning, morals and government, the old walls came crashing down; in the general bankruptcy of authority men were forced to depend on themselves.

The moral bankruptcy of Emma's friend group caused her to turn away from them when she went to college.

An attorney can help with debt settlement and bankruptcy processing.

In 1339 and 1340 Edward endeavoured to invade France from the north with the help of his German and Flemish allies, but the only result of his campaigns was to reduce him to bankruptcy.

Next came the crowd of stockholders and creditors of the state, who, in face of the governments extravagant anarchy, no longer felt safe from partial or total bankruptcy.

Two Case Studies Mr D was facing bankruptcy by the Inland Revenue for a sum of nearly £ 80,000.

Atlanta bankruptcy Lawyers Choosing a bankruptcy attorney in Atlanta is a very important.. .

And yet the evidence points, with increasing certitude, to bankruptcy.

This clause will bring the law on deceased insolvency into line with normal bankruptcy law.

Failure to maintain the administration order can result in court action by a creditor for a county court judgment or bankruptcy.

A cry went up that national bankruptcy had been declared, and thousands of the lower class of ouvrier began the rally to Babeuf's flag.

Having brought the Union Pacific out of bankruptcy into prosperity, and made it an efficient instead of a decaying line, he utilized his position to draw other lines within his control, notably the Southern Pacific in 1901.

His administration lasted until the 31st of December 1904, and averted the impending bankruptcy of Rumania by a policy of strict retrenchment.

He and his minister were alternately gulled by France and by the emperor, and the net result of all their activity was bankruptcy and discontent at home and ever-frustrated hopes abroad.

The rich citizens were generally fund-holders, who regarded the Assembly as the one bulwark against a public bankruptcy.

A formal bankruptcy of the state, the cancelling of two-thirds of the interest on the public debt, crowned the misgovernment of this disastrous time.

They also founded the university of Erlangen, the undertakings bringing the court to the verge of bankruptcy.

He tried to import more method into the very unequal distribution of taxation, less brutality in collection, less confusion in the fiscal machine, and more uniformity in the matter of rights; while he diminished the debts of the much-involved towns by putting them through the bankruptcy court.

Choiseuls religious policy was no less venturesome; after the condemnation in 1759 of the Jesuits who were involved in the bankruptcy of Father de Ia Valette, their general, in the Antilles, he had the order dissolved for refusing to modify its constitution (1761-1764).

They were wholly inadequate, and the result of the attempt to dominate all western Europe was to Character of produce bankruptcy and exhaustion.

In his new capacity Mr Chamberlain was responsible for carrying such important measures as the Bankruptcy Act 1883, and the Patents Act.

His father (1779-1844) was an English barrister, and, from 1831, a commissioner in bankruptcy; he collaborated with Robert Bland (1779-1825) in his Collections from the Greek Anthology, and published some excellent translations from Italian and German.

Business misfortunes having caused his father's bankruptcy, and his mother dying in 1768, young, Hamilton was thrown upon the care of maternal relatives at St Croix, where, in his twelfth year, he entered the countinghouse of Nicholas Cruger.

The state almost entirely supports the Connecticut school for imbeciles, at Lakeville; the American school for the deaf, in Hartford; the oral school for the deaf, 1 The constitution prescribes that " the privileges of an elector shall be forfeited by a conviction of bribery, forgery, perjury, duelling, fraudulent bankruptcy, theft or other offense for which an infamous punishment is inflicted," but this disability may in any case be removed by a two-thirds vote of each house of the general assembly.

Unlike an order annulling a bankruptcy order such an order does not re-vest the property in the discharged bankrupt.

Have you been looking for a way to start over without declaring bankruptcy?

To avoid bankruptcy there are a number of things you can do.

The problem with this type of working arrangement is that partners might leave or suffer bankruptcy.

I am in severe financial debt due to her borrowings and I am now considering bankruptcy as we are sinking.

When he turns on his wife and children in impotent rage at his impending bankruptcy, it's quite frightening.

The third thing is the utter bankruptcy of the Laodicean Church.

And the problem with lying about dead civilians is that its a sure sign of moral bankruptcy.

Only those who admit their spiritual bankruptcy and sinfulness can enter the Kingdom.

His subsequent bankruptcy evidently contributed to the closure of the then Lappal Tunnel Brickworks less than two years later.

But it then pleased God to alter my prospects in life through my father's bankruptcy.

But the Act does not offer carte Blanche for anyone who might now think bankruptcy is the easiest way out.

Global Crossing, a long-distance telecoms carrier once valued at some $ 50 billion, filed for Chapter 11 bankruptcy protection.

But the Act does not offer carte blanche for anyone who might now think bankruptcy is the easiest way out.

Common types of bankruptcy fraud include petition mills, false oath, concealment of assets, and fraudulent conveyance.

It doesn't take the banking industry long to notice that bankruptcy filings in the northern part of Texas are suddenly burgeoning.

Over the next 20 years French hypermarkets captured almost half the retail market, forcing many thousand independent service stations into bankruptcy.

Personal bankruptcy in research part marquis m be most acute.

Where the official receiver is content to let the purchase proceed he should ensure that the proposed mortgagee is aware of the bankruptcy proceedings.

Financial institutions, all in bankruptcy from the massive capital flight during the war, were also nationalized.

For further interview on prison interviews see Chapter 35 Part 3 - Criminal bankruptcy orders.

Details of pending or current bankruptcy petitions or orders against the stated person.

Creditors who were owed more than £ 50 could petition for bankruptcy proceedings.

Chapter 11 bankruptcy, or " business reorganization, " is the possibly the most complex chapter.

It is a criminal offense to contravene a disqualification order or undertaking, a bankruptcy order or a bankruptcy restrictions order or undertaking.

Even before the foot and mouth outbreak, thousands of small farmers were already teetering on the verge of bankruptcy.

The $ 17 billion of reorganization items recorded in the fourth quarter represent mostly unsecured claims allowed during the bankruptcy process.

Finally, the model suggests that international bankruptcy court proposals may be superior to existing contractual approaches in securing such write-downs.

Every citizen of twenty-one years of age, unless subject to some legal disability, such as actual engagement in military service, bankruptcy or condemnation to certain punishments, has a vote, provided that he can prove a residence of six months duration in any one town or commune.

Until 1869 specialty debts had preference under English law over simple contract debts in the event of the bankruptcy or death of the debtor, but this was abolished by the Administration of Estates Act of that year.

Few, except the open partisans of national bankruptcy, doubted its necessity; yet so strong was the current of feeling worked up for party purposes by opponents of the measure, that Sellas achievement in having by its means saved the financiai.situation of Italy deserves to rank among the most noteworthy performances of modern parliamentary statesmanship.

The tax upon consols, which, in conjunction with the other severe fiscal measures, was regarded abroad as a pledge that Italy intended at all costs to avoid bankruptcy, caused a rise in.

By abolishing the illusory pensions fund, by applying and amending the Bank Laws, effecting economies, and increasing taxation upon corn, incomes from consolidated stock, salt and matches, he averted national bankruptcy, and placed Italian finance upon a sounder basis than at any time since the fall of the Right.

The Directory, after the coup d'etat of Fructidor, had acknowledged a state of bankruptcy by writing off twothirds of the national debt in a form which soon proved to be a thin disguise for repudiation.

A crisis was precipitated by the example of Servian independence, the hope of Austrian intervention, and the public bankruptcy of Turkey.

Gradually, however, it became apparent that it would be desirable to give Turkish state securities, of which those governed by the decree of Muharrem formed the principal part, a better standing in European financial markets than was possible for bonds bearing so low a rate of interest; to obliterate thus, as far as possible, the effects of the past bankruptcy; and, further, to give the Turkish government a joint interest with the bondholders in the progress of the ceded revenues.

It is understood that it was originated at the unofficial instigation of both the British and Ottoman governments, with the idea of forming a channel for the more generous investment of British capital in Turkey under the new regime, so that British financial interests might play a more important part in the Ottoman Empire than has been the case since the state bankruptcy of 1876.

Meanwhile in Turkey national bankruptcy was brought within measurable distance by the sultan's extravagance and the incompetence of his ministers; it was staved off only by loans contracted almost annually to pay the interest on their predecessors.

The finances of Turkey now collapsed, and the inevitable bankruptcy was declared, whereby more than through any other cause she lost such Deposition sympathies as she possessed in western Europe.

He devoted himself mainly to literature, contributing largely to the Scotsman and Blackwood, writing Narratives from Criminal Trials in Scotland (1852), Treatise on the Law of Bankruptcy in Scotland (1853), and publishing in the latter year the first volume of his History of Scotland, which was completed in 1870.

The Benefices Act of that year absolutely invalidates any transfer of a right of patronage unless (a) it is registered in the diocesan registry, (b) unless more than twelve months have elapsed since the last institution or admission to the benefice, and (c) unless "it transfers the whole interest of the transferor in the right" with certain reservations; in other words, the act abolished the sale of next presentations, but it expressly reserved from its operation (a) a transmission on marriage, death or bankruptcy or otherwise by operation of law, or (b) a transfer on the appointment of a new trustee where no beneficial interest passes.

They were developed commercially during the administration (1845-1851) of President Ramon Castilla, at the same time that the nitrate deposits of Tarapaca became a commercial asset of the republic. The large revenues derived from these sources undoubtedly became a cause ofweakness and demoralization and eventually resulted in bankruptcy and the loss of Tarapaca.

Under this duke and his son and successor, Ernest Frederick, the land was plunged into bankruptcy and a commission was appointed to manage its finances.

His misfortunes made him write both feelingly and forcibly on the bankruptcy laws; and although his creditors accepted a composition, he afterwards honourably paid them in full, a fact attested by independent and not very friendly witnesses.

Prussia had paid a heavy price for the territories acquired at the expense of Poland in 1793 and 1795, and when, on the 16th of November 1797, Frederick William died, he left the state in bankruptcy and confusion, the army decayed and the monarchy discredited.

It was Madame de Polignac who obtained the appointment of Calonne as controller-general of the finances,' and who succeeded Madame de Guemenee as "governess of the children of France" after the bankruptcy of the prince de Guemenee in 1782.4 Again, in response to Mercy and Joseph II.'s urgent representations, Marie Antoinette exerted herself on behalf of Austria in the affairs of the opening of the Scheldt (1783-1784) and the exchange of Bavaria (1785), in which, though she failed to provoke active interference on the part of France, she succeeded in obtaining the payment of considerable indemnities to Austria, a fact which led to the popular legend of her having sent millions to Austria, and aroused much indignation against her.

Commerce was largely carried on by barter, and many cases of bankruptcy occurred in the state.

At its head is the inspectorgeneral in bankruptcy (salary £1200).

They include a great number of revenue regulations, laws on civil matters such as mortgage, bankruptcy, rights of way, companies, etc., and laws governing the procedure of courts, all of which adhere to Western principles in the main.

By a fortunate coincidence, at the very moment when this bankruptcy of the old culture must have become apparent, the stage of history was occupied by barbaric peoples.

In France, Madame de Pompadour was their enemy because they had refused her absolution while she remained the king's mistress; but the immediate cause of their ruin was the bankruptcy of Father Lavalette, the Jesuit superior in Martinique, a daring speculator, who failed, after trading for some years, for 2,400,000 francs and brought ruin upon some French commercial houses of note.

His schooling began at Leonberg in 1577 - the year, as he himself tells us, of a great comet; but domestic bankruptcy occasioned his transference to field-work, in which he was exclusively employed for several years.

So, too, when a subject, such as bankruptcy, is one on which a state may legislate in the absence of legislation by Congress, the state law is valid only so long as Congress does not legislate.

The "Clergy Reserves" were secularized in 1854, and in 1851 began a railway development, the excitement and extravagance caused by which led in 1857 to a financial crisis and the bankruptcy of various municipalities, but which on the whole produced great and lasting benefit.

In certain designated matters they enjoy criminal jurisdiction, inclu,ding, since 1900, offences against the bankruptcy laws.

Here it is proposed to trace the steps by which Egypt, after having been brought to a state of bankruptcy, passed through a period of great stress, and finafly attained prosperity atid a large measure of financial autonomy.

In spite of his vast schemes of reform and the clat of his isinalls Europeanizing innovations, his oriental extravagance led to bankruptcy, and his reign is historically important simply for its compelling European intervention in the internal affairs of Egypt.

In December 1875 Mr Stephen Cave, M.P., and Colonel (afterwards Sir John) Stokes, R.E., were sent to Egypt to inquire into the financial situation; and Mr Caves report, made public in April 1876, showed that under the existing administration national bankruptcy was inevitable.

The steadily increasing prosperity of the country during the years 1886 and 1887 removed the danger of national bankruptcy and international interference, and induced Sir Evelyn Baring to widen the area of administrative reforms. In the provinces the local administration and the methods of dispensing justice were still scandalously unsatisfactory, and this was the field to which the British representative next directed his efforts.

Reported reverses to the enemy are proclaimed as crushing defeats, Germany is represented as within measurable distance of starvation, bankruptcy and revolution, and only yesterday a poster was issued in London, declaring that half the Hungarian army had been annihilated.

The government of the Transvaal being once more in the hands of the Boers, the country rapidly drifted towards that state of national bankruptcy from which it had only been saved by annexation in 1877.

He was, moreover, weak enough to countenance the risky operations of the banker John Law (1717), whose bankruptcy led to such a disastrous crisis in the public and private affairs of France.

Among the acts was one providing for the continuance of Spanish as the official language of the courts until 1913; an act providing for bankruptcy; and an act fixing the age of majority at 21 years.

The French courts made the consequent bankruptcy proceedings the excuse for a general inquiry into the Society's constitution, and ended by declaring its existence illegal in France, on the ground that its members were pledged to absolute obedience to a foreigner in Rome.

At the time of her abdication the state was on the verge of bankruptcy, and the financial difficulty had superinduced a serious political agitation.

Parliament was prorogued in April 1671, not assembling again till February 1673,and on the 2nd of January 167 2 was announced the " stop of the exchequer," or national bankruptcy, one of the most blameworthy and unscrupulous acts of the reign, by which the payments from the exchequer ceased, and large numbers of persons who had lent to the government were thus ruined.

In May the Portuguese government committed a formal act of bankruptcy by issuing a decree reducing the amount then due to foreign bondholders by two-thirds.

Aided by famine, by the suppression of the maximum, and by the imminent bankruptcy of the assignats, they endeavoured to arouse the working classes and the former Hanriot companies against a government which was trying to destroy the republic, and had b1oken the busts of Marat and guillotined Carrier and Fouquier-Tinville, the former public prosecutor.

Chapter 13 Chapter 13 bankruptcy is a reorganization plan for individuals.

In these figures, the bankruptcy of socialism in a single country are cruelly revealed.

Many businesses were forced to reopen, to stave off bankruptcy.

In addition, this does nothing to diminish the stigma of bankruptcy - which remains with the individual often for many years.

In 1829 Smith was subpoenaed as a witness in a bankruptcy case, as described below in a newspaper report.

A property where the liable person is a trustee in bankruptcy.

Thus, there needs to have been evidence of unfit conduct in respect of the current bankruptcy, before an application is made.

Is one 's bankruptcy cause for negative value judgements by employers, relatives and neighbors?

Doyle is a member at Benson 's Health Spa - an ailing gym on the verge of bankruptcy.

The property will remain vested in any trustee until such time as the bankruptcy order is annulled.

A deceased client 's personal representative or a bankrupt client 's trustee in bankruptcy can waive privilege.

We have been wavering precariously on the edge of bankruptcy for some time.

Bankruptcy is an issue for many people trying to face debts from past years.

Some of the companies are approaching bankruptcy and don't qualify for trading on the traditional stock exchanges.

A title and bankruptcy search will tell you if anyone else has a lien on the house.

If the original property owner declares bankruptcy, creditors have priority over a tax lien holder.

Unless you are declaring bankruptcy, CCC is a voluntary process.

Are you considering filing for bankruptcy?

However, it is usually better than declaring bankruptcy.

Bankruptcy allows a borrower to come forward and state that he or she is unable to make payments on the borrowed funds.

You must meet income qualifications to qualify for Chapter 7 bankruptcy.

In this form of bankruptcy, the borrower receives a debt discharge, and no longer has to repay it.

If you do not qualify for a Chapter 7 bankruptcy, you may qualify for a Chapter 13.

In a Chapter 13 bankruptcy, the court reorganizes the debt making it easier for you to pay.

Bankruptcy can be a good option for many borrowers who have no other ability to repay debt.

Consisting of a legal proceeding, bankruptcy allows consumers to eliminate the majority or all of their debt.

In many cases, this will only occur if the creditor believes you will be unable to pay more of the debt or you may be likely to file bankruptcy instead.

While most people have heard of bankruptcy, consolidation, settlement, and counseling, few know the rules when it comes to borrowing from retirement accounts.

Missed or skipped payments and bankruptcy filings are evaluated along with on-time payments and paid accounts.

Consumers may wish to contact a private attorney to discuss bankruptcy or other legal options.

The written statement explains why a bankruptcy was filed.

This is an extreme measure that some clients may require, particularly if they are on the verge of bankruptcy, repossession, or foreclosure.

Consumers who have been considering bankruptcy may want to consider debt consolidation instead.

Some lenders, particularly mortgage lenders, regard debt consolidation service enrollment as being akin to bankruptcy.

The last resort in settling accounts you are unable to pay is filing for bankruptcy.

Consider your other options first before you consider bankruptcy.

Consider a non-profit agency to help you settle your debts before you consider filing for bankruptcy.

With recent bankruptcy reform, it is harder to declare bankruptcy, so these individuals face great difficulty in climbing out of spending and debt patterns.

Declare Chapter 7 bankruptcy - You can wipe out almost all debt, but is now much more difficult to obtain after the 2006 bankruptcy reform.

Declare Chapter 13 bankruptcy - You will be required to repay at least some of your debt on a repayment plan.

Additionally, it is becoming increasingly difficult for students to have a bankruptcy granted, even if they file for one.

If you declared bankruptcy last year, there's no slick moves you or anyone else can pull to remove that leper sign until the seven years have passed.

These are tough times and they would much rather cut customers a little slack with lower fees and reasonable payments plan than push people into bankruptcy and end up with the grand goose egg.

They'd much rather forgive some fees and slash rates and get most of their money back than lose everything if you declare bankruptcy.

Are you weeks away from losing your house and declaring bankruptcy?

Partnership Organizations - Check to see if the company belongs to any organizations such as the United States Organization for Bankruptcy Alternative.

Bankruptcy - Card issuers may increase interest rates on a cardholder who declares bankruptcy.

Lenders agree to work with these professionals because they see it as a last option for the consumer prior to filing bankruptcy.

Those who have filed for bankruptcy may have problems with USAA.

Teri of Sunrise, Florida explains how she was discriminated against because her and her husband filed for bankruptcy over seven years ago.

If it did, you could file bankruptcy and most likely not have to repay this debt.

These agencies can assist you with debt counseling, budgeting advice, and bankruptcy prevention.

This allows borrowers to rid themselves of a debt obligation while also allowing the creditor or collection agency to receive more funds than they would if the debt went ignored or into bankruptcy.

Fortunately, after you declare bankruptcy, many lenders will be eager and willing to give you a card.

As soon as your bankruptcy proceeding is complete and your debts discharged, you will likely begin receiving offers for new cards.

Using a service can help you budget better, but there is no guarantee that you won't face bankruptcy if you're really at the end of your financial rope.

Those who are unable to make any payments, or make a large enough payment, may need to consider bankruptcy.

In many cases, consumers will simply file bankruptcy if they are facing any of these legal scenarios which would effectively stop the legal judgments.

It may be best to consider debt counseling services or bankruptcy if you cannot afford to repay your debt.

If you truly can't afford to pay your debts, consider filing for bankruptcy.

By filing for bankruptcy, you've proven to creditors that you are a high risk borrower.

Some creditors specifically target people who have recently discharged bankruptcies because the creditors know that there is a certain period of time before these consumers will be eligible to file for bankruptcy again.

Unless all accounts are included within the bankruptcy, some accounts will exist during and after the bankruptcy.

Should one or other partner file bankruptcy, the bankruptcy court may come after business assets.

If you have any existing loans that were not discharged in a bankruptcy, work to pay those down.

The obligation to pay child support can not be erased by declaring bankruptcy.

A lawyer who specializes in bankruptcy cases or personal injury suits does not have the knowledge needed to help you get a fair settlement.

Bankruptcy is something you definitely want to avoid.

Consumers have reported having problems collecting on their product warranty since JRA declared bankruptcy.

Look up information regarding accidents, bankruptcy, criminal law, foreclosures, immigration, real estate, small claims and many more.

In late January of 2009, Ashwell's company, Shabby Chic, filed for Chapter 11 bankruptcy.

Despite the commercial success of DJ Jazzy Jeff and the Fresh Prince, Will Smith found himself near bankruptcy in 1990.

The companies are now out of bankruptcy.

In 1999, because of declining interest and revenue, Planet Hollywood International, Inc. filed for Chapter 11 bankruptcy reorganization.

While he won the ruling, resulting in $1.28 million, he eventually filed for bankruptcy in 1999.

Fanfare was quite successful during the 1980s, but it too met its demise when it was forced into bankruptcy by its parent company.

Interscope soon sold its interest in Death Row and in 2006, the label filed for bankruptcy.

How can they make so much, yet lose it all and need to declare bankruptcy?

These are people who should have been set for life, yet found themselves filing bankruptcy in order not to lose it all.

Donald Trump's casinos landed him in bankruptcy court not once, but three times.

Financial ruin apparently runs in his family, as sister LaToya filed for bankruptcy after her failed solo career.

Although student loans are unsecured debt, they generally can't be included as part of a bankruptcy filing.

Renaissance Cruises was the former home for Oceania's ships, and the old line sank into bankruptcy in September 2001.

Majestic America Line, which operated the Mississippi Queen, the Delta Queen and the American Queen, fell upon hard times and stopped operating at the end of 2008, ultimately filing for bankruptcy.

Gucci actually died in 1953, leaving the company to his sons, who almost drove it to bankruptcy at the end of the 1970s.

However, if you cannot get out of debt after this, you have to declare bankruptcy and lose the game.

It's a Wild Ride - Intel presents an interactive approach to learning math by having students save a pretend amusement park from bankruptcy.

January of 2009 the number of people filing for personal bankruptcy totaled 88,773, which was up slightly from the previous month when there were 84,926 bankruptcy fillings.

The number of bankruptcy filings for January 2009 reflected a 34.4 percent increase from the number of filings for the same time the year before.

I know that debt can seem incredibly daunting, but many people turn to bankruptcy before exploring all the options available.

My suggestion is for you to contact a bankruptcy attorney in addition to making an appointment with a consumer counseling service (make sure to choose a not-for-profit service).

Rest assured that there are plenty of people in situations far worse than yours who have climbed out of debt, but if you do indeed need to file for bankruptcy then make sure you go into it as informed as possible.

Getting a mortgage while actively involved in a Chapter 13 Bankruptcy is possible, but it isn't necessarily easy.

The good news is that the Federal Housing Administration will insure mortgage loans for applicants currently in Chapter 13 bankruptcy as long as you qualify under their rules and regulations.

Keep in mind that you may be able to get a more attractive interest rate if you wait until your bankruptcy has been discharged and you have a couple of years of timely payments under your belt.

Your attorney can ascertain whether monthly statements from the lender are indeed in violation of the bankruptcy.

There was improper accounting used for a confirmed bankruptcy plan, either Chapter 11 or 13.

Those who do get home loans and do not repay them can find themselves facing bankruptcy, foreclosure or other legal action.

If you've recently had a bankruptcy, divorce or separation, you'll need copies of those documents.

It must be at least one year since you've filed for bankruptcy; two years if you filed for Chapter 7.

The Today Sponge came back on the market in the United States in 2005, only to be taken off the market again in 2008 due to bankruptcy.

However, after the fad ended, the company could not sustain the brand and filed for bankruptcy in 1988.

Unfortunately, Steve and Barry's has not been immune to the economic catastrophe and, despite its low overheads and low prices, had to file for bankruptcy in 2008.

After an abundance of negative press and a November 2009 bankruptcy filing, EcoQuest once again changed its name, this time to Vollara.

On a separate note, Sharper Image was forced to file for Chapter 11 Bankruptcy in 2008 largely due to litigation over the advertising of the company's Ionic Breeze product.

Moulinex avoided bankruptcy when they began producing microwaves but were hurt by the failure of gadgets they introduced like electric yogurt makers and pasta machines.

Fortunately, it is possible to have an enjoyable Christmas without resorting to bankruptcy.

Howard Hughes, owner of RKO, ran his studio into near bankruptcy.

Unfortunately, he lost it all within four years and was later forced to declare bankruptcy.

This process may keep you from filing for bankruptcy.

In fact, taking control of your finances to avoid a potential bankruptcy filing is often seen as a sign of financial responsibility and a commitment to smart money management.

If you are already struggling to meet your minimum payment obligations, making a non-equitable debt repayment could cause problems if you need to file bankruptcy at some point.

If you allow one account to default while repaying another debt, this can cause problems if you are later forced to file for bankruptcy protection.

Given that fact, The Van Doren Rubber Company filed for bankruptcy in the early 1980s.

As we all know, bankruptcy doesn't necessarily mean the end of company, and for Vans the saving grace was none other than Jeff Spicoli.

Apparently Matilde's family faces bankruptcy and her mother plans to marry her off to a wealthy suitor in order to keep the family financially flush.

Unfortunately, Matilde's status-conscious mother, Augusta, thwarts the young lovers' romance by forcing her daughter to marry wealthy landowner Manuel Fuentes Guerra (played by Fernando Colunga) in order to save the family from bankruptcy.

In 1933 the Ingersoll-Waterbury company made the first Mickey Mouse watch, saving itself from bankruptcy in the process.

In 1979, Lassale ceased manufacturing due to bankruptcy, but Seiko purchased the company in 1981 and released a number of Seiko-Lassale models.

Despite decades of phenomenal success, the Gucci name grew tarnished after a series of bad business decisions and scandalous family quarrels brought the company close to bankruptcy in the 1970s.

The new bankruptcy law, the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) going into effect on October 17, 2005 has benefits for business and woes for consumers.

Add it all up and the costs for filing may run $3,100+, which may push bankruptcy beyond the means for many.

Because the new bankruptcy law will push many consumers into Chapter 13 repayment plans, rather than file Chapter 7, which wipes the slate clean and allows them to start over, they'll have less disposable income.

The new law bankruptcy requires preference claim lawsuits to be filed in the state where your business is located, rather than in the city where the bankruptcy filer resides.

The new bankruptcy law extends this to 45 days.

Should your demand somehow not be submitted in a timely manner, you may still be able to get an administrative expense claim from the bankrupt company on products they bought within 20 days prior to filing for bankruptcy.

For more information on how to avoid this sudden order syndrome and protect yourself from unscrupulous business owners, see Bankruptcy Law Abuses.

Commercial landlords are currently frustrated by the older bankruptcy law that allows a bankrupt commercial tenant 60 days from the date of their bankruptcy filing to decide whether or not to keep their lease.

Under the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, a bankrupt commercial tenant will only have 120 days from their bankruptcy filing date to decide to stay or go.

The new bankruptcy law only allows one 90-day extension.

The current law stops eviction proceedings for any tenant after they have filed for bankruptcy, voiding the time and money invested by the landlord to initiate the eviction procedure.

The new law doesn't stop the eviction process if a judgment was obtained prior to the bankruptcy.

Filing bankruptcy is the last resort when you're facing a mountain of debt.

Previously, bankruptcy law abuses happened by both businesses and consumers who opted to bail out of the sinking debt ships they recklessly created, leaving small business owner-creditors holding the bag.

The new law is called the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005.

In fact, because the new bankruptcy law has been well publicized, you can expect the normal flow to increase to a flood the nearer we come to the deadline.

Will this deadline stop bankruptcy law abuses of the system?

The current bankruptcy law has a nasty "preference" clauses which allows the customer, once his bankruptcy is filed, to pull back this payment from you anytime during 90 days of his filing.

You may find that those who cry the loudest will be the first to disappear into the black bankruptcy pit where you can't reach them, with you stuck with a large order you cannot reclaim.

Of those not under the bankruptcy umbrella, expect routes to be suddenly rerouted or eliminated and planes parked.

Bankruptcy sales are another good source, but difficult to check monitors before you buy.

Locating assets in divorce, bankruptcy, or other legal procedures.

As an entrepreneur facing troubled economic times, you may be wondering what small business bankruptcy will mean for you if you decide to pursue that route.

Filing for bankruptcy is a procedure that follows several laws.

For example, corporations and partnerships can file for either Chapter 7 or Chapter 11 bankruptcy.

Unfortunately, in this case you can't file bankruptcy for the business alone as it is considered an asset belonging to you, the business owner, as the proprietor.

However, talk to an attorney to see if there is a chance to separately classify your business debts by filing a Chapter 13 bankruptcy and whether or not a repayment plan can be structured in your situation.

If you are a small business owner, filing for bankruptcy is something you probably never expected to do.

Bankruptcy laws have been put into place to protect you in these circumstances and are designed with safeguards to protect your lenders as well.

Filing for small business bankruptcy won't be easy on you emotionally, and while less than ideal, it will keep you out of jail and ensure that your lenders are treated as fairly as possible.

How much they received and how it is handled will partly depend on which type of bankruptcy you file for.

Chapter 7 Bankruptcy involves the complete liquidation of your company's assets.

Once you file for bankruptcy, the responsibility of collecting the non-exempt assets to be liquidated is given to an appointed trustee who takes care of selling them in order to pay your creditors.

Chapter 11 Bankruptcy lets you stay in business, but forces a reorganization of your business.

The hope behind Chapter 11 bankruptcy is that the reorganization allows debt payments to be restructured in a way that allows your business to meet its financial obligations from earnings yet to come.

Once you've determined the type of bankruptcy best suited for your business situation, you can initiate bankruptcy proceedings.

While some sources tell you that you can save yourself a lot of money by taking care of your bankruptcy yourself, it really isn't a wise move.

Bankruptcy laws can be complicated, and you really want to be sure that things are handled properly.

Your local bar should have a referral panel to help you find a bankruptcy attorney equipped to help you decide on the best option to eliminate your debt.

A bankruptcy mailing list may sound like an odd type of marketing tool, but many companies use these types of mailing lists to sell products and services.

Bankruptcy mailing lists may be used for business to business or business to consumer marketing.

Bankruptcy marketing may sounds like an oxymoron.

There's a surprisingly large market for bankruptcy leads or mailing lists.

The first thing to keep in mind is that bankruptcy does not mean that a company has closed its doors.

There are several types of bankruptcy, and in some cases, companies declare bankruptcy so that they can renegotiate loans and obligations with creditors.

During bankruptcy, past debts and obligations may be forgiven or waived, which frees the individual or company of the financial obligations.

Bankruptcy marketing mailing lists are called compiled lists.

Bankruptcy lists are generally used for snail mail, that is, for traditional postal mail.

Response Makers bankruptcy lists promises a file that's updated every 24 hours so the data is fresh.

While Enron and Arthur Anderson may have profited in the short-term, the end result was the largest corporate bankruptcy in history (at that time) and the dissolution of Arthur Anderson auditing firm.

However, if your company or business is closing because of overwhelming debt and you are claiming bankruptcy, this will take further planning and negotiating with those awaiting payment.

If you find yourself in substantial debt and can't find a way to pay it, claiming Chapter 7 bankruptcy is one way that lets you liquidate your business and get out from under the burden.

This is particularly true if the company is on the verge of bankruptcy or has already declared bankruptcy.

By June of 2009, the result of these events was bankruptcy and restructuring for both the largest of the Big Three, General Motors and the smallest, Chrysler, LLC.

By year end 2008, over 32,000 jobs were lost, both hourly and salaried, and over 200 dealerships lost their franchises through the company's bankruptcy restructuring.

After posting record profits during 2007, many automakers found that they had to file for bankruptcy or severely tighten their belts in the years that followed.

Home inventories can assist you if you file bankruptcy and your lawyer requests a listing of your personal property.

Medical expenses are a leading reason for declaring bankruptcy in the United States, and buying as much bodily injury liability insurance as you can afford is a way to avoid this scenario.

Also not available for Custom customers are coverage for supplier bankruptcy and default, and coverage for pre-existing conditions.

After emerging from bankruptcy in 2003, the clothing line and the image of Frederick's underwent a makeover in order to compete with the more demure Victoria's Secret.

Farrely, the company filed for bankruptcy.

After declaring bankruptcy (in the wake of a failed deal with Bertlesmann), Napster sold its name to Roxio, who started marketing Napster legal music downloads.

As the clothing line was in development, the backers were forced to file for bankruptcy, and the idea shelved.

The restaurant fell on hard times and closed, leading the Quintanilla family into bankruptcy.

From table flipping to best selling cookbooks to bankruptcy, Giudice is the housewife you either love or love to hate.

Negative attention came Giudice's way in 2010, when the press revealed that she and her husband were filing for bankruptcy.

In interviews after the announcement, Teresa Giudice blamed the bankruptcy on the collapse in the real estate market and referred to the bankruptcy as a "fresh start."

According to court documents, the couple's income is $79,000 annually, though their bankruptcy administrator has accused them of trying to hide income and expenses from the court.

Despite the bankruptcy, Giudice has managed to parlay her fame from the show into a brand.

Facing foreclosure, they filed for bankruptcy in hopes of keeping the house.

When it comes to SEO (search engine optimization), one man's affordability might be another man's bankruptcy.

By this time the duchy had increased considerably in extent, but petty wars with the other Saxon princes combined with the extravagance of the court and the desolation caused by the Seven Years' War to plunge it into distress and bankruptcy.

Where a debtor has committed any act of bankruptcy a creditor or creditors whose aggregate claims are not less than £50 may proceed against him in bankruptcy.

Coin was scarce, loans were not taken up, taxes had ceased to be productive, and the country was threatened with imminent bankruptcy.

The condition of the currency of Japan was at that time deplorable, and national bankruptcy threatened.

A strong man, Captain Grey, was at last sent over from Australia to restore peace and rescue the unhappy colony from bankruptcy and despair.

An account of the duties of the department will be found under Bankruptcy.

Despite heavy taxation, the state debt increased greatly; and the sending of a contingent to Russia in 1812 brought the state to the verge of bankruptcy.

This idealism, however, is also in its way a mark of intellectual bankruptcy.

His financial administration was disastrous, and led simply to bankruptcy.

The States of the Church, like France, were on the brink of bankruptcy.

What may be described as "national systems" of law are dealt with historically and generally under English Law, American Law, Roman Law, Greek Law, Mahommedan Law, Indian Law, &c. Certain broad divisions of law are treated under Constitution And Constitutional Law, Canon Law, Civil Law, Common Law, Criminal Law, Ecclesiastical Law, Equity, International Law, Military Law, &C. And the particular laws of different countries on special subjects are stated under the headings for those subjects (Bankruptcy, &c.).

In ancient Greece we find similar examples of the evil effects of usury, and a law of bankruptcy resting on slavery.

The evils must be partly met by the general principles applicable to all contracts (the fitness of the contracting parties, &c.) and partly by provisions for bankruptcy.

A councillor may be disqualified in the same way as a county councillor, by bankruptcy or composition with creditors, or continuous absence from the borough (except in case of illness).

This widespread bankruptcy, falling chiefly on the bourgeoisie, inaugurated a reaction which lasted until 1830 against the chief principle of the Constituent Assembly, which had favored indirect taxation as producing a large sum without imposing any very obvious burden.

During the Revolution, from i868 to 1874, matters culminated in bankruptcy.

The history of the 19th century is the liquidation of an enormous bankruptcy, and the completion of the circle which confines the Spaniard once more to the soil of the Peninsula.

If a tenant become bankrupt, his interest passes to his trustee in bankruptcy - unless, as is frequently the case, the lease makes the occurrence of that contingency determine the lease.

Savings banks and seamen's money orders are also among the accounts and payments with which it is charged, and outside these marine matters it has to prepare for parliament the life insurance companies' accounts and to take charge of the bankruptcy estate accounts.

The Bankruptcy Department was established under the 71st section of the Bankruptcy Act 1883.

It's been a harrowing year for Wanda, after enduring the death of both of her parents and having to proclaim bankruptcy after losing her job.

To understand bankruptcy and how creditors get their money, first it is important to realize there are secured creditors and unsecured creditors.

The investment proved most remunerative, and helped very materially to save the country from bankruptcy and internationalism.

This was followed by the loss of these resources, bankruptcy, and eventually the surrender of her principal assets to her foreign creditors.

He remained in Egypt four years, his period of office coinciding with the first great reforms, after the danger of bankruptcy had been avoided.

The system led inevitably to bankruptcy and ruin; the war of 1859, by bringing it to an end, saved the monarchy.