what is sundry creditors?
534765
Sundry is another term for 'miscellaneous', usually it means non-trade creditors (suppliers)
80890
Not sure how short you are looking for but first thing you need to do is give more details (have you gone through bankruptcy, collection accounts, no credit..) \nIf you have just recently gone through bankrupcy then I would suggest getting a very low limit credit card www.capitalone.com - where I got mine... Just start using it as a gas card, or buy clothes and take your time paying them off.. Like a couple months.. Never EVER be late on a payment and always pay over the minuim amount due (payment). Second, dont be late on any bills. Creditors look at this as well. Have you got a copy of your credit report lately? You should if you haven't so you can see what you are up against. If you have not filed for bankrupcy then you need to see what you have in collections and also get all your debt paid down.
301492
Failure to pay a private debt is considered a civil matter and therefore most states prohibit the imprisonment of a person for failure to do so. However, if a civil court has rulled against you in a private monetory matter, then you are not classified as the judgement debtor, and the suer as the judgement creditor. This legal declaration creates additional options for persons attempting to recover a civil debt.\n\nDepending on the specific statutes of your state, the judgement creditor may now be entitled to undertake certain actions for the purpose of recovering the ordered amount, including the initiation of garnishments, liens, foreclosures, and other civil remedies. Interest will continue to accrue from the date of judgement at your state's then-current interest rate (subject to change) until the balance is paid in full.\n\nYou have the legal right to appeal such judgements, but it should be noted that there are time limits to do so, and there must be specific articulable grounds for doing so (not simply as a second opinion).
242869
In a chapter 7, a trustee is appointed to take over your property.  Any property of value may be sold or turned to cash for the benefit of your creditors.  You may be able to keep some personal property and possibly real estate depending on the laws of the state where you live and applicable federal laws.\n\nThere are also 3 types of debt:  (1) secured debt; (2) unsecured priority debt; and (3) nonpriority unsecured debt.  Bankruptcy cannot get rid of secured debt, so the debtor must either pay the debt or give up the property used to secure the loan.  Unsecured priority debt consists of debts that are given priority over other types of debts.  If there is anything left after all the secured and priority unsecured creditors have been paid, then the general unsecured creditors might see a distribution.
1046154
Creditors do not get to vote on a Chapter 13 plan.  The debtor must propose a repayment plan and the court will confirm the plan if the debtor proposes the plan in good faith.  If the court confirms the plan, the creditors really don't have a choice.  The confirm plan is a court-ordered repayment.  If the debtor makes all the payments required under the plan, then the debts will be discharged.\n\nThe creditors can file a motion objecting to the confirmation of the plan for a variety of reasons.  If the court sides with the creditors and denies confirmation, then the case will be dismissed.
279922
In some legal situations, with Bankruptcy being one example, you are at times placed in the position of discharging or reaffirming a debt.  To discharge the debt [sometimes referred to as 'forgiving' the debt] - it evaporates and the debtor no longer owes you anything.  To reaffirm the debt means you still want your money, you do not discharge the debt.
1136603
Hi there,\nIn the UK no...not necessarily.\nBankruptcy essentially means that you are offering any funds or assets that you have towards your creditors via your bankrupt estate. The link below may be very helpful to you..
660853
Bankruptcy means you lost all your money.
484199
coz if and when the company goes for liquidation these bonds are not secured, meaning that the money is not guranteed, its first paid to all the secured creditors and if any money is left then that money is given to unsecured bonds and debentures...
272891
yes, but normally they will just hand it over to a bill collections agency that will get a judgment against you. If your about to file bankruptcy though, don't worry about it. they're not going to throw you into debtors prison or anything. they'll just call a lot and send letters. Once you are in bankruptcy, it'll be sorted out.
844079
You are correct, if the list of creditors included those account numbers then those debts are legally discharged.  Get a copy of her chapter 7 petition and list of creditors to verify the debts were listed.
521479
updated continuously:\n\nhttp://www.toptips.com/debtclock.html
309667
There were deferrals for some kinds of debts for persons displaced or whose banks were affected by Hurricanes Katrina and Rita. If you were a resident of Louisiana or Mississippi in the affeected areas, check your state's web site.
1049546
Student loans cannot be discharged at all under any bankruptcy. Credit card debt can be discharged if you qualify for chapter 7, but the big change is that most people will not qualify for chapter 7, but instead must file chapter 13 bankruptcy, which creates a 3-5 year payment plan in which all disposable income is used to pay off the debt. After the plan is fulfilled, the remaining debt is discharged.
717589
Bankruptcy.\n\nHere's the info:\n\nhttp://www.deb.uscourts.gov/Opinions/2003/CrownBooks.pdf#search='crown%20brooks'
655410
lots of weird things happen when you go bankrupt.
295321
Here's an idea... pay the $500-$700 you'd give a bankruptcy trustee to your creditors, and work yourself out of debt.  Don't wave the white flag of bankruptcy... have some self discipline and get out of your situation on YOUR terms!