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credit union [39] May 3, 2008: St. Luke Baptist Federal Credit Union, Laurelton, New York: closed and liquidated by NCUA credit union [40] May 12, 2008: Father Burke Federal Credit Union, Bronx, New York: closed and liquidated by NCUA credit union [41] July 1, 2008: Cal State 9 Credit Union, Concord, California
Assets of $61,000 [154] against debt of more than $24,000,000, including $10,000,000 borrowed from union pension funds. [154] The bankruptcy was caused by failed real estate investments. [154] He was charged with defrauding his lenders and convicted in 1997. The conviction was overturned in 1999 and he was pardoned by President Bill Clinton in ...
The Bankruptcy Act of 1898 (Act of July 1, 1898, ch. 541, 30 Stat. 544) was the first permanent bankruptcy law and remained in effect until the passage of the Bankruptcy Reform Act of 1978 (Pub. L. 95–598, 92 Stat. 2549, November 6, 1978). The 1898 Act created "courts of bankruptcy" defined as the district courts of the United States.
This is a list of Supreme Court of the United States cases in the area of bankruptcy. This list is a list solely of United States Supreme Court decisions about applying law related to bankruptcy. Not all Supreme Court decisions are ultimately influential and, as in other fields, not all important decisions are made at the Supreme Court level.
As part of Chapter 7 bankruptcy, your credit card debt is typically discharged immediately. On the other hand, Chapter 13 bankruptcy focuses on reorganizing your debts.
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