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New § 362(c)(3) provides that if the debtor files a chapter 7, 11 or 13 case within one year of the dismissal of an earlier case, the automatic stay in the present case terminates 30 days after the filing, unless the debtor or some other party in interest files a motion and demonstrates that the present case was filed in good faith with ...
When Big Lots announced it was filing for Chapter 11 bankruptcy protection in September, ... Saint Marys: 1170 Indiana Ave., Saint Marys, Ohio 45885. Sandusky: 410 E. Perkins Ave., ...
Certain scholars and politicians have advocated for a reform of the law to allow states to seek bankruptcy. [6] [3] [4] They argue that the law will require voluntary consent by the state and will not give the federal government or creditors the power to force a bankruptcy; therefore it would not interfere with state sovereignty or be unconstitutional.
The Ohio Revised Code (ORC) contains all current statutes of the Ohio General Assembly of a permanent and general nature, consolidated into provisions, titles, chapters and sections. [1] However, the only official publication of the enactments of the General Assembly is the Laws of Ohio; the Ohio Revised Code is only a reference. [2]
Columbus-based Big Lots is closing another 19 stores, bringing the total to more than 400. Here's where they are and the Ohio stores that have closed.
Red Lobster is looking to file for Chapter 11 bankruptcy. Are restaurants in Ohio affected? Here's what we know.
Chapter 7 of Title 11 U.S. Code is the bankruptcy code that governs the process of liquidation under the bankruptcy laws of the U.S. In contrast to bankruptcy under Chapter 11 and Chapter 13, which govern the process of reorganization of a debtor, Chapter 7 bankruptcy is the most common form of bankruptcy in the U.S. [1]
Both types of bankruptcy provide an automatic stay, which stops collection activities, wage garnishments and lawsuits while the case is ongoing. Bankruptcy is designed to be a last resort when you ...
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