An Introduction to Bankruptcy Law
Title | An Introduction to Bankruptcy Law PDF eBook |
Author | Martin A. Frey |
Publisher | |
Total Pages | 700 |
Release | 1992 |
Genre | Law |
ISBN | 9780314001917 |
Law of Bankruptcy
Title | Law of Bankruptcy PDF eBook |
Author | Charles Jordan Tabb |
Publisher | |
Total Pages | 0 |
Release | 2016 |
Genre | Bankruptcy |
ISBN | 9781634599276 |
"[This book provides an] analysis and discussion of every aspect of bankruptcy law, including an overview of bankruptcy; invoking bankruptcy relief (with a very detailed explanation of the means test); the automatic stay; jurisdiction and procedure; property of the estate; trustee's avoiding powers; payment of claims; executory contracts and unexpired leases; exemptions; discharge; reorganization under Chapter 11; debt adjustments under Chapter 13; debt adjustments under Chapter 12; and cross-border cases under chapter 15. The 2005 BAPCPA amendments and the extensive case law thereunder are explained and critiqued. All relevant Supreme Court cases through the 2015 Term are discussed in depth, including, for example, Stern, Wellness, Arkison, Caulkett, Schwab, Ransom, Lanning, Baker Botts, and many more."--
Debt's Dominion
Title | Debt's Dominion PDF eBook |
Author | David A. Skeel Jr. |
Publisher | Princeton University Press |
Total Pages | 296 |
Release | 2014-04-24 |
Genre | Business & Economics |
ISBN | 1400828503 |
Bankruptcy in America, in stark contrast to its status in most other countries, typically signifies not a debtor's last gasp but an opportunity to catch one's breath and recoup. Why has the nation's legal system evolved to allow both corporate and individual debtors greater control over their fate than imaginable elsewhere? Masterfully probing the political dynamics behind this question, David Skeel here provides the first complete account of the remarkable journey American bankruptcy law has taken from its beginnings in 1800, when Congress lifted the country's first bankruptcy code right out of English law, to the present day. Skeel shows that the confluence of three forces that emerged over many years--an organized creditor lobby, pro-debtor ideological currents, and an increasingly powerful bankruptcy bar--explains the distinctive contours of American bankruptcy law. Their interplay, he argues in clear, inviting prose, has seen efforts to legislate bankruptcy become a compelling battle royale between bankers and lawyers--one in which the bankers recently seem to have gained the upper hand. Skeel demonstrates, for example, that a fiercely divided bankruptcy commission and the 1994 Republican takeover of Congress have yielded the recent, ideologically charged battles over consumer bankruptcy. The uniqueness of American bankruptcy has often been noted, but it has never been explained. As different as twenty-first century America is from the horse-and-buggy era origins of our bankruptcy laws, Skeel shows that the same political factors continue to shape our unique response to financial distress.
The Logic and Limits of Bankruptcy Law
Title | The Logic and Limits of Bankruptcy Law PDF eBook |
Author | Thomas H. Jackson |
Publisher | Beard Books |
Total Pages | 304 |
Release | 2001 |
Genre | Law |
ISBN | 9781587981142 |
A careful analysis of the fundamentals of bankruptcy law.
The Law and Practice in Bankruptcy
Title | The Law and Practice in Bankruptcy PDF eBook |
Author | Orlando Bump |
Publisher | Washington : W. H. Lowermills |
Total Pages | 998 |
Release | 1898 |
Genre | Bankruptcy |
ISBN |
A Treatise on the Bankruptcy Law of the United States
Title | A Treatise on the Bankruptcy Law of the United States PDF eBook |
Author | Harold Remington |
Publisher | |
Total Pages | 1316 |
Release | 1923 |
Genre | Bankruptcy |
ISBN |
Uniform Laws and Rights of Bankruptcy: Chapter 7, 11 and 13 Basic Guide (Bankruptcy Law, Bankruptcy Code, Bankruptcy Books, Bankrupt, Financial Law, F
Title | Uniform Laws and Rights of Bankruptcy: Chapter 7, 11 and 13 Basic Guide (Bankruptcy Law, Bankruptcy Code, Bankruptcy Books, Bankrupt, Financial Law, F PDF eBook |
Author | Matthew Roy |
Publisher | Independently Published |
Total Pages | 70 |
Release | 2019-02 |
Genre | Law |
ISBN | 9781798101094 |
The Basics of Bankruptcy In simple terms, bankruptcy can best be described as a federal process wherein you are allowed to close out all or some of your debt, and enables you (the debtor) to start off with a clean financial slate. Since bankruptcy is a legal process, you'll have to appear in court before a federal judge. During which, the judge, your creditors and yourself will come to an agreement as to how your debt can be cleared. This generally falls under two categories: You and your creditors can come to terms about a new payment plan in which you'll be allowed to maintain possession of all your property, but will be required to repay some or all of your debt by making payments monthly over a period of time. This is known as reorganization. The next category is referred to as liquidation. This entails your creditors sequestering all your assets that are non-exempt to aid in repaying some of your debt. The remainder of your debt is usually forgiven. Bankruptcy can be filed by businesses and individuals alike. Once you are seeking a way out of being buried by an inordinate amount of debt, whether you are a business, CEO of a company, soccer mom, or celebrity, filing for bankruptcy can possibly be an option for you. You should however keep in mind that bankruptcy does have an impact on your credit; as such, you'll find it somewhat difficult to get a loan (depending on who the lender is), even a few years after you have filed. Chapter 7 bankruptcies are by far the most common. These are liquidation bankruptcies in which the debtors must turn over all "non-exempt" property to a supervising officer known as the bankruptcy trustee. Property is exempt if it falls within specific categories of assets that debtors are allowed to keep, such as a certain amount of clothing, household items, tools for work, and in some instances, vehicles and the family home. The Chapter 7 trustee will take the debtor's non-exempt property (if there is any), and sell it. The money will be paid to the debtor's creditors. This may result in creditors receiving a small fraction of their claims. The balance of the debtor's loans and obligations are forgiven and can never be collected. Creditors who attempt to collect debts that have been discharged face severe penalties under federal law. For more inforamation click on the BUY BUTTON