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On May 1, 2009, Irving Picard filed a lawsuit against Stanley Chais, 82. The complaint alleged Chais "knew or should have known" he was deep in a Ponzi scheme when his family investments with Madoff averaged 40% annual returns on investment and sometimes soared as high as 300%. It also claimed Chais was a primary beneficiary of the scheme for ...
Bankruptcy discharge. A bankruptcy discharge is a court order that releases an individual or business from specific debts and obligations they owe to creditors. In other words, it's a legal process that eliminates the debtor's liability to pay certain types of debts they owe before filing the bankruptcy case. [1]
In the United States, bankruptcy is largely governed by federal law, commonly referred to as the "Bankruptcy Code" ("Code"). [1] The United States Constitution (Article 1, Section 8, Clause 4) authorizes Congress to enact "uniform Laws on the subject of Bankruptcies throughout the United States". Congress has exercised this authority several ...
Updated July 16, 2024 at 6:09 AM. Prime Day deals under $50 — 50+ items to shop right now. If you weren't aware, there are loads of deals unveiling across the internet this week. That's because ...
Why is it a good deal? 💰 . Right now, you can score a pair of the shopper-loved shoes for just $20 (down from $36) — that's over 40% off! We haven't seen the price drop any lower since 2021 ...
Kindle Paperwhite. $95 $140 Save $45. The Paperwhite adds a few more bells and whistles to the standare Kindle like a waterproof build and a warm front light. $95 at Amazon. The Kindle Paperwhite ...
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