Question

 Fair Value & Bankruptcy?

Answer The concept of "fair value" is central to bankruptcy or insolvency proceedings. If an individual or company has debts that are greater than their assets at a "fair valuation", that individual or co... Read More »
http://www.ehow.com/facts_7357428_fair-value-bankruptcy.html

Top Q&A For: Fair Value & Bankruptcy

In Chapter 7 Bankruptcy can you use the Homestead Federal Bankruptcy Exemption to keep your 120000paid off condominium with a lien against it for an 11000credit card debt in pa?

Your right that PA has no special homestead exemption for BK and you would rely on the Federal one.The lien (the Cr Card one), is essentially the same as a first position mortgage against the prope... Read More »
http://wiki.answers.com/Q/In_Chapter_7_Bankruptcy_can_you_use_the_Homestead_Federal_Ban...

In Pa in chapter 7 bankruptcy can person use Federal Bankruptcy Exemtion to keep 120000 paid off condominium if this is only asset and only projected income is 238 monthly?

Refer to your last similar Q.Yes you have a 125K Federal Homestead Exemption.Yes you have issues that need to be protected by an attorney in the BK process (any creditor will have one and they will... Read More »
http://wiki.answers.com/Q/In_Pa_in_chapter_7_bankruptcy_can_person_use_Federal_Bankrupt...

Fair Access to Insurance Requirements (FAIR) Policy?

The Fair Access to Insurance Requirements (FAIR) policy helps homeowners who live in high-risk areas purchase affordable property insurance. The homeowner must first conduct his due diligence to fi... Read More »
http://www.ehow.com/list_6819406_fair-insurance-requirements-_fair_-policy.html

Bankruptcy Law on Civil Suits & Estates in Bankruptcy?

When a debtor defaults on his debts, his creditors may sue him for the amount of the debt plus attorney's fees. Some debtors may choose to file bankruptcy at this point because they are too overwhe... Read More »
http://www.ehow.com/info_8495162_bankruptcy-civil-suits-estates-bankruptcy.html


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