The rules and procedure for business bankruptcy has been described in chapter 11. As compared to other chapters of the bankruptcy code, the provisions here are completely different. In chapter 7, all assets and properties (except the ones that come under exemptions) of the person/business getting bankrupt is liquidated in order to pay off the debts. Nothing of that sort happens when a business goes bankrupt under chapter 11. This chapter allows the debtor to continue with the ownership of the organization and operate it as usual, but while following a re-structured repayment plan with the creditors.
The US Immigration Visa – Know The Basics
August 4, 2010 By
The US immigration visa is a stamp, which you need to have to be legally eligible to travel in the US. This stamp is an approval from the US State Department and from the US Department of Homeland Security. However, it is very important to keep in mind that just because you have a Visa, it does not guarantee that you will be able to enter this country. Considering the growing number of terror attacks, the laws have become very complex in this regard. You may be denied an entry on the basis of an array of other reasons even if you have a valid visa. The type of visa you need depends upon your purpose of visiting the United States of America.
Marrying A US Citizen And Getting A Green Card – How Easy It Is?
August 4, 2010 By
There are several factors that determine how easy or difficult it is to get a green card by marrying a US citizen. Some basic factors that determine the level of difficulty of this process include factors like whether you marry outside or inside of the United States of America, and the kind of immigration status you have at the time of the marriage. The common assumption that just because a person marries a US citizen, he/she automatically gets the US citizenship is wrong. There is a certain legal procedure you have to follow.
Getting Protective Order For The Victims Of Domestic Violence
August 4, 2010 By
If you have become a victim of domestic violence, you may seek legal protective order. This type of crime refers to cases where a live-in partner or spouse harasses another partner emotionally, physically, or just verbally. Before you start the procedure to get a protective order, you will have to make sure that you meet the legal requirements in this regard. The provisions vary from one state to another.
Different Types Of White Collar Crime
August 2, 2010 By
When a respectable person who has high social status gets involved in some kind of monetary fraud, it is referred to as a white collar crime. The employees of a company may commit an array of legal offenses, including forgery, identity theft, money laundering, copyright infringement, computer crime, embezzlement, insider trading, bribery, and fraud.
Legal Rights Of A Sex Crime Victim
August 2, 2010 By
Sex crime refers to cases involving incest, sexual assault, attempted rape, and rape. As per the laws in the United States of America, the victims of these types of crimes have got certain legal rights related to prosecution and privacy. However, it is entirely up to the victims to find out how and when they should use those rights.