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Pre-packaged plans of reorganization virtually always impair (i.e. pay less than in full) one or more classes of creditors, and so in order to ensure that the plan can be confirmed by the bankruptcy court, the plan proponents must secure the support of at least two-thirds in amount and more than one-half in number of at least one such impaired ...
Senior Living Certification Commission (SLCC) is a nonprofit corporation, autonomous from Argentum, with its own governing Board of Commissioners. SLCC offers a voluntary certification program for assisted living executive directors. Certified Healthcare Simulation Educator: CHSE Society for Simulation in Healthcare
The American Bankruptcy Institute is an organization of over 13,000 bankruptcy and insolvency professionals, including attorneys, judges, law professors, accountants, investment bankers and turn-around specialists. It bills itself as the "largest multi-disciplinary, non-partisan organization dedicated to research and education on matters ...
Bankruptcy does not automatically eliminate all debts, including HELOCs. The impact of bankruptcy on a HELOC depends on the type of bankruptcy filing (Chapter 7 vs. Chapter 13).
Key takeaways. To get student loans discharged, you'll need to prove that they cause you "undue hardship." Borrowers can choose between Chapter 7 and Chapter 13 bankruptcy, but they must file a ...
Congress amended this section of the Bankruptcy Code to provide for the dismissal or conversion of a Chapter 7 case upon a finding of "abuse" by an individual debtor (or married couple) with "primarily consumer debt". The pre-BAPCPA language of § 707(b) provided for dismissal of a chapter 7 case upon a finding of "substantial abuse".
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