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I didn't know loans could ever be turned in.
I thought they had to be satisfied.
And bankruptcy allows you to satisfy them for less than you agreed to,
But, you didn't do that during bankruptcy...and instead maintained your promise to pay....and now you think you should be able to reneg? Of course maybe I'm not understanding....YES, that loan, (that means the money you were loaned)...wrap it up and bring it down to the lender and turn it in. Before, after, during bankruptcy, pretty much whenever...thats fine.
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∙ 16y ago
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If you file chapter 7 bankruptcy does that eliminate paying back the parent plus college loan?
Student loans are exempt from bankruptcy as are IRS debts
Can you re-ammortize your 401k loan payroll deduction payments if you are filing bankruptcy?
What are you possibly trying to say? (Your 401k is exempt from seizure and process in BK you know).
You owe your sister money can you file bankruptcy on that loan?
If you file bankruptcy, you file bankruptcy on everything. You can not file bankruptcy on one loan.
What is a reaffirmed loan?
A "reaffirmed loan" is a loan that the claimant in a bankruptcy has left out of the bankruptcy and is "reaffirming" that they will still pay the loan as usual.
Are the stimulus checks exempt from the bankruptcy courts?
No...
Will private student loan companies go after a cosigner if you file for bankruptcy?
Gov't backed student loans are exempt from BKruptcy....they will come after you thru tax refunds or garnishment.
Is it possible to exempt a tax refund in chapter 7 bankruptcy?
You can't "exempt" anything.
Is a living trust EXEMPT FROM BANKRUPTCY?
Sometimes, parts of a living trust can be exempt from bankruptcy such as exemptions for a homestead, but even that isn't always the case. How a living trust is treated in a bankruptcy varies depending on how the laws of the state treat this type of trust as a whole. Typically though, living trusts are not fully exempt from bankruptcy.
Section 522b of the US bankruptcy code Need to know if 401K is exempt of a petition of bankruptcy 7?
Generally, but the extent to which funds will be exempt depends on your jurisdiction. Check your local state bankruptcy exemptions.
How does bankruptcy affect student loan wage garnishment?
Government insured student loans are exempt from the Bk process. They must be paid. However, they will not collect money from you until the bankruptcy is dismissed or discharged, but it will still accrue interest during that time.
Is there a bankruptcy estate if every asset is exempt?
Yes
If ss disability payments are exempt from a bankruptcy why would your disposable income change if the only added income was from the ss?
Is VA Disability income exempt from bankruptcy income claim?
