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...For the First Circuit. . No. 11-1831. IN RE WAYNE ERIC PUFFER,. Debtor. L. JED BER...[Hon. Henry J. Boroff, U.S. Bankruptcy Judge]. Before. Selya, Circuit Judge,. Souter,. [1... of so-called "fee-only" plans in Chapter. 13 bankruptcy cases. This is an issue that has d...§§ 101-1532, which tightened the eligibility requirements. for Chapter 7 bankruptcy and made th...
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..., people with distressed mortgages file bankruptcy petitions in a federal courthouse. These filings w... deficiency judgments in foreclosure actions, (11) limits or bans on garnishment of wages, and exemp... high-risk mortgages could be modified in Chapter 13. (18) . (4) "Avoidance" of mortgages or securit... amendments conditioning bankruptcy eligibility on a credit counseling briefing can be understood ...
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...Argued October 4, 2010-Decided January 11, 2011. Chapter 13 of the Bankruptcy Code uses a st... the statute to require athreshold eligibility determination thus ensures that "applicable" carri...
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About 500 municipalities have declared bankruptcy since Congress passed the Municipal Bankruptcy Act in 1937. Based on the experiences of these municipalities and the municipal bankruptcy literature, this paper develops a theory of why municipalities go bankrupt and discusses various ways to prevent other municipalities from going bankrupt. The paper identifies three-dimensional factors that may make municipalities go bankrupt: long-term and short-term, political and economic, and internal and external perspectives. The paper ends with an observation that government failure in the form of municipal bankruptcy can be reduced by strengthening the audit powers of the states and by utilizing more municipal band and liability insurance policies.
...Bridgeport, Connecticut filed for Chapter 9 in 1992 after incurring budget deficits for seve... Code (The 1994 Bankruptcy Amendments; Title 11 U.S.C.)3 permits a financially distressed municipa...Eligibility for Debt Relief. Access to debt relief under Chapt...
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...CHAPTER VI: OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT ... by a school of a borrower's eligibility for a loan, and unpaid refunds by a school are set... take the actions required under paragraph (e)(11) of this section. (vi) The agency shall pay a defa...
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... applicable to petitions filed under Chapter 11 of the Bankruptcy Code. Appellant NMSBPCSLDHB, ... the absence of a statutory financial eligibility standard in Chapter 11, "[t]he legislative history...
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... the litigation concerning whether a US Bankruptcy Court would provide Chapter 15 assistance to the l... in stark contrast to US law regarding eligibility of foreign debtors to be the subject of plenary Chhapter 11 and Chapter 7 proceedings. The Bankruptcy Code exp...
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..., made in the first instance by the bankruptcy court, that C-TC is not a "person" eligible for Chhapter 11 relief, and that C-TC filed its Chapter 11 petition in bad faith. C-TC's petition was dism...II. C-TC's Eligibility under Chapter 11. When C-TC filed its voluntary Ch...
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... City Council, of a petition for bankruptcy protection under Chapter 9 of the Bankruptcy Code,... questions about a municipality's eligibility to file for Chapter 9. These questions are parti...§ 11701.101, et seq., commonly referred to as "Act 47," al...
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... City Council, of a petition for bankruptcy protection under Chapter 9 of the Bankruptcy Code,... questions about a municipality's eligibility to file for Chapter 9. . These questions are parti...s. 11701.101, et seq., commonly referred to as "Act 47," al...