A lawsuit has been settled alleging that the owner of a Northern California charter school and his board were negligent in their role in the collapse of the school, which ultimately went bankrupt, the lawyers said.
Chapter 11 filed for bankruptcy in November 2016 to reorganize its debt, but eight months later the bankruptcy was converted into Chapter 7 liquidation. Under Chapter 7 bankruptcy, the court reviews the debtor's assets and liquidates non-exempt assets to settle the debts. The lawsuit, which was filed in bankruptcy court, began in January 2016 in the U.S. District Court for the Northern California District of New York after a lawsuit was filed in court. An injunction stopped the lawsuit from being filed against the school's owner and board until after the bankruptcy filing, court documents show.
Larvatus and Prodeo sought advice in case of doubt and, after collecting the necessary papers, met with Livermore's bankruptcy lawyers to help and advise them on what best suits their particular situation.
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Filing a Chapter 7 bankruptcy usually requires a $338 filing fee, which must be paid to the court in person or in full. If you register on or before March 12, 2020, you will need to apply for a total of $5,000 in cash or $1,500 in credit card debt.
Depending on the case, some firms charge upfront fees, but there are still several ways to avoid a false law firm taking advantage. Northern California bankruptcy lawyers, we offer free advice to discuss your bankruptcy and non-bankruptcy options to ensure that you are in a position to make an informed decision about how to proceed. For more information on how we can leverage our over 30 years of experience, please visit us or call us or contact us today.
Once you have filed for bankruptcy, you must complete a second mandatory bankruptcy course. After you file your bankruptcy form and certificate of course 1, take it to court for a hearing and final decision.
You must file your documents with the court that serves the Bankruptcy Court of the Northern District of California. The clerk will take the bankruptcy form and ask you to sit in the waiting room. Most bankruptcy courts require only one copy of your application, but some courts, such as the bankruptcy court in Manhattan, require four copies.
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If you are in the midst of a financial crisis, a bankruptcy lawyer can offer you a life-support to keep your head above water. If you do not see your way out of your current financial situation, you should talk to a bankruptcy attorney in California about your bankruptcy options. Even if you don't see it that way, if filing for bankruptcy is the right decision for you, you should turn to an experienced bankruptcy lawyer for your particular circumstances. Whether you are suffering from debt stress or need financial assistance, please contact our experienced bankruptcy attorneys in Livermore, California to discuss and see if bankruptcy was right for you.