Bankruptcy
This is FindLaw’s collection of Bankruptcy articles, part of the Finance section of the Corporate Counsel Center. Bankruptcy law is federal statutory law contained in Title 11 of the United States Code. Congress passed the Bankruptcy Code under its constitutional grant of authority to "establish… uniform laws on the subject of Bankruptcy throughout the United States." Bankruptcy proceedings are supervised by and litigated in the United States Bankruptcy Courts. Find information about bankruptcy laws, including answers to some of the most frequently asked questions. Law articles in this archive are predominantly written by lawyers for a professional audience seeking business solutions to legal issues. Start your free research with FindLaw.
Finance
Bankruptcy Articles
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Georgeson Shareholder Successfully Assists On The AT&T Canada Restructuring
As part of a massive restructuring which concluded in April, 2003, AT&T Canada was required by the Ontario Superior Court and pursuant to the CCAA to seek formal approval from a multitude of Affected Creditors for their Plan of Reorganization ...
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Getting Credit When You’re Over 62
Getting Credit When You're Over 62 November 1998 redit is an important money management tool for both young and older consumers. Yet the elderly, particularly older women, may find it difficult to get credit. If you're an older consumer who has paid ...
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Guidance on New Minimum Distribution Requirements
As you may be aware, the Small Business Job Protection Act ("SBJPA") amended Code Section 401(a)(9). Previously, all qualified plans were required to make minimum distributions to participants by April 1 of the year following the calendar year in ...
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How to End Money Worries and Stop the Bill Collectors
This article will tell you about two programs which will help you get out of debt quickly and inexpensively ... without borrowing any money. As an attorney with more than twenty (20) years experience, people constantly ask my advice about how to get ...
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In re Williams: Lenders Should Continue Obtaining Deprizio Waivers
The Deprizio doctrine still may apply to noninsider creditors who receive transfers not constituting payments within the period between 90 days to one year of a bankruptcy filing (the "expanded preference period") as the recent decision Roost v ...
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Insolvency & Corporate Restructuring in Canada
The past year has seen somewhat of a general let-up in activity in the insolvency bar, although a significant number of major restructurings were undertaken or completed as the year progressed. In the steel industry, Stelco filed for protection in ...
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Insolvency Law Reforms
President Bush signed the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 on April 20, 2005. While most attention has been directed to the Act's impact on individuals with consumer debts, the Act also addresses a number of issues ...
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IRS Issues Final and Proposed Regulations on Loans From Qualified Employer Plans
The Internal Revenue Service ("IRS") has issued important guidance, in the form of final and proposed regulations, concerning loans from qualified retirement plans to plan participants and beneficiaries. In general, an amount received by a ...
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IRS Opens Determination Letter Program for Qualified Plans Seeking to Comply with Recent Law Changes
Recently, the IRS issued Rev. Proc. 98-14, opening its determination letter program for qualified plans that seek to comply with most (but not all) of the changes made by the Uruguay Round Agreements Act ("GATT"), the Uniformed Services Employment ...
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Is Bankruptcy Right for You?
Bankruptcy is a federal legal proceeding where a person who owes more money then he or she can pay asks the court for relief from those debts. The right to file for bankruptcy is a fundamental right protected by the U.S. Constitution. There two ...
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