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Vermont Bankruptcy Lawyers.com
Who is Vermont Bankruptcy Lawyers.com ?
Vermont Bankruptcy Lawyers.com
is the only exclusive Bankruptcy
directory online. Not only do we offer this unique service as an
exclusive listing for law firms across the country, we also provide
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Did You Know?
Chapter 13 bankruptcy law is frequently referred to as a “wage earner” chapter
Although it is available to individuals with regular income from any source, not just wages. Once the court confirms the plan, it is the responsibility of the debtor to make the plan succeed. The debtor must make regular payments to the trustee, which will require adjustment to living on a fixed budget for a prolonged period.
Definition:
One of two general types of creditors of a company. Secured creditors have a lien on property of the company.
Exclusivity (period of)
Definition:
A debtor in Chapter 11 has the exclusive right to file a plan of reorganization for the first 120 days of its bankruptcy. Thereafter, unless the period of exclusivity is extended by the court, other parties may file reorganization plans.
Chapter Nine
Definition:
Bankruptcies of municipalities; only a few of these are filed each year; over the period 1980 through 1988 there averaged about 4 Chapter 9 filings per year.
If you live in the following cities and need a Bankruptcy attorney you should contact
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Barre
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Did You Know?