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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 ...
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]
Monetary civil penalties for violation of this rule may in some cases be imposed on the litigant or the attorney under Rule 11. [ 3 ] In one case, the Seventh Circuit Court issued an order giving such an attorney "14 days to show cause why he should not be fined $10,000 for his frivolous arguments". [ 4 ]
This is a good starting point for finding attorneys who operate locally and likely have knowledge of the local laws and statutes you will likely have to navigate during a bankruptcy case. 4. Get ...
The Worker Adjustment and Retraining Notification Act of 1988 (the "WARN Act") is a U.S. labor law that protects employees, their families, and communities by requiring most employers with 100 or more employees to provide notification 60 calendar days in advance of planned closings and mass layoffs of employees. [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 ...
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.
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]