The bankrupt is guilty of any false representation or other fraud for the aim of acquiring the consent of his collectors or any of them to an settlement on the subject of his affairs or to his bankruptcy.

bankruptcy secured creditor proof of debt

Along with certain ensures supplied by law, LegalZoom guarantees your satisfaction with our services and support. If the creditor has obtained a court judgment in earlier authorized proceedings in opposition to the debtor for the compensation of debt and the debtor has didn’t pay the judgment debt, then the creditor does not should subject a statutory demand to the debtor earlier than submitting a bankruptcy petition.

For circumstances with Bankruptcy Orders made earlier than 1 November 2016, pursuant to section 30A(10)(b)(ii) of the Bankruptcy Ordinance, after the making of the Bankruptcy Order, if a bankrupt fails to return to Hong Kong on a date or inside … Read the rest