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The same day, a federal bankruptcy judge appointed a trustee who gave operating control of the Inn to a Pittsburgh hotel firm. [20] [21] Later, on September 29, the judge ordered that Ceritano be barred from the hotel, after a lawyer for the trustee said that Ceritano had "disrupted" the hotel's operations. [21]
PA: 1925–2019 1986–1996 — 1996–2019 Reagan: death 15 James Focht McClure Jr. PA: 1931–2010 1990–2001 — 2001–2010 G.H.W. Bush: death 16 Thomas I. Vanaskie: PA: 1953–present 1994–2010 1999–2006 — Clinton: elevation to 3d Cir. 17 A. Richard Caputo: PA: 1938–2020 1997–2009 — 2009–2020 Clinton: death 19 James Martin ...
The bankruptcy judge dismissed the bankruptcy petition on the grounds that not all necessary branches of the municipal government had authorized the filing of the petition. Denied by courts [68] [69] Stockton, California: City 2012 291,700 Completed [70] San Bernardino, California: City 2012 209,900 $1,000,000,000 Completed [71]
The disadvantage of filing for personal bankruptcy is that, under the Fair Credit Reporting Act, a record of this stays on the individual's credit report for up to 7 years (up to 10 years for Chapter 7); [5] still, it is possible to obtain new debt or credit (cards, auto, or consumer loans) after only 12–24 months, and a new FHA mortgage loan just 25 months after discharge, and Fannie Mae ...
It provides for the restructuring of debt of financially distressed municipalities, limits the ability of financially distressed municipalities to obtain government funding; authorizes municipalities to participate in federal debt adjustment actions and bankruptcy actions under certain circumstances; and provides for consolidation or merger of ...
Originally, bankruptcy in the United States, as nearly all matters directly concerning individual citizens, was a subject of state law. However, there were several short-lived federal bankruptcy laws before the Act of 1898: the Bankruptcy Act of 1800, [3] which was repealed in 1803; the Act of 1841, [4] which was repealed in 1843; and the Act of 1867, [5] which was amended in 1874 [6] and ...