… foreclosure case for compassionate reasons.

The article said:

“The Third District Court of Appeal ruled last week that Circuit Judge Valerie Manno Schurr could not grant extensions solely on grounds of benevolence or compassion. Schurr had given a Miami couple an extra month to sell their house. The judge said in court she understands times are bad and that she hates to see anyone lose a home. The appeals judges ruled that the law doesn’t allow compassion or benevolence alone to be …

Tags: Appeal foreclosure Mortgage United States

… the bankruptcy plan and even seeking to delay Charter’s exit from Chapter 11 bankruptcy.  Their appeal to delay the bankruptcy exit has failed but it is not clear if they will continue other legal avenues.

For businesses filing Chapter 11 bankruptcy, gathering the support and approval of the bankruptcy plan from important creditors before a bankruptcy filing can be a powerful strategy. And if a company wants to avoid liquidation it may be an essential ingredient to their bankruptcy …

… Insurance has expressed its disappointment in the ruling; but has not yet determined if it will appeal the decision. If the company does not appeal the decision it will have 60 days to begin disbursing refunds.

Via: Star-Telegram

… up in liquidation; but the company hopes that filing Chapter 11 bankruptcy will give it time to appeal to the FHA, Ginnie Mae and Freddie Mac and recover, restructure and possibly emerge from bankruptcy.

Source: CNN Money

… to an article in the Star-Telegram, two former Chrysler LLC dealership owners have filed an appeal of a bankruptcy judge’s order terminating their franchises and those of more than 700 other dealerships as part of Chrysler’s bankruptcy plan.

The article said:

“Tarbox Motors Inc. of North Kingstown, R.I., and Tarbox Chrysler Jeep LLC of Attleboro, Mass. filed a notice in bankruptcy court on Friday, saying that they were appealing the decision to U.S. District Court.” …

… the system" and faced his exemptions being denied. Fortunately, the debtor won on an appeal; but the case is a warning to all debtor’s filing bankruptcy.

The details of the case:

The Chapter 7 debtor scheduled several par¬cels of real estate and claimed two of them as his exempt homestead, even though neither one was his home. The parcels, valued at $900 and $4,266, were claimed as fully exempt under the federal homestead exemption. In addition, the debtor owned …

… pay off your tax debts or (c) the statute of limitation prevents the collection of tax

You can appeal against the action of the IRS after the levy under the Collection Appeals Program. The IRS normally suspends collection action during the appeal. If your appeal is successful, the levy will be released.