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After the introduction of merit selection in 1975, judges are appointed by the governor to fill vacancies or new positions. Three-judge panels were added to Division 1 in 1969, 1974, 1982, and 1989. Another judge was added in 1995 "so that the Chief Judge could devote time to the court's increasing administrative workload."
Of those, business filings rose by 33.5%, while personal (non-business) filings were 15.5%. While total bankruptcy filings have increased each quarter since June 2022, they remain far lower than ...
Filed in U.S. Bankruptcy Court 1976 [69] Assets of $153,232 against debt of $488,611. [70] 1982 [71] [72] He filed for bankruptcy shortly before an auction was due to take place to sell his belongings to satisfy tax debt. [72] 1990 [73] [69] He owed $1,600,000, mostly unpaid taxes. [73] He was serving a prison sentence for assault at the time ...
Originally, bankruptcy in the United States, as nearly all matters directly concerning individual citizens, was a subject of state law. However, there were several short-lived federal bankruptcy laws before the Act of 1898: the Bankruptcy Act of 1800, [3] which was repealed in 1803; the Act of 1841, [4] which was repealed in 1843; and the Act of 1867, [5] which was amended in 1874 [6] and ...
There is no minimum amount of debt required to file for bankruptcy. Because of legal fees and long-term financial consequences, it may not be worth filing with less than $10,000 in dischargeable debt.
Filing for bankruptcy, while helpful for some, can have a variety of serious and long-term implications. Not only will you see a credit score drop of up to 200 points, but the bankruptcy will stay ...
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