Can the bankruptcy court approve a settlement for longer than 5 years?
If the creditors approve of the plan the Judge should go along.
White Plains, NY
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If the creditors approve of the plan the Judge should go along.
Yes you must go to Court. You may be excused after one day.
Yes, filing a bankruptcy on behalf of the corporate debtor will NOT stop the creditor from pursuing the debt against the guarantor.
This sounds like a law school exam question? Who knows, but you can ask the clerk as was suggested by my colleague.
I agree with both of my colleagues. You need a full in depth review by a top bankruptcy lawyer.
Actually it is a fraudulent conveyance unless the loan was a parent plus loan and yes, if necessary, the trustee will allow you to refund the...
Unless you intend and can afford to keep your house, filing chapter 7 does not save your house. What else can be done requires a detailed analysis...
Maybe. More information is needed to properly advise.
The Report is filed with the Court.
Agree with my colleagues. (Assuming no conflict of interest the lawyer should be able to assist).