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∙ 11y ago
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Do you have too pay any of the mortgage back after a chapter 7 bankruptcy?
no you dont have to
Do you have to be working to file for bankruptcy?
There are three types of bankruptcy namely Chapter 7 Bankruptcy, Chapter 13 Bankruptcy, and Chapter 11 Business Bankruptcy. Chapter 7 bankruptcy will discharge most types of debts for the average citizen. It will stay on record for ten years, but the major benefit is the stay it provides which prevents creditors from hassling you. On the other hand Chapter 11 bankruptcy is used by businesses, not citizens, to reorganize debts while Chapter 13 bankruptcy is wage earner's bankruptcy, which allows you to repay your debt through a plan. Among these three, Chapter 13 bankruptcy is considered as the best option for people with a steady income, who happen to have fallen behind in loan payments. idk and i dont give rats a**. hahahaha
What happens to the deficiency of a repossession after chapter 7 bankruptcy is discharged?
IF you list it on the B/K. it goes away, you dont owe it anymore.
Does Chapter 7 Bankruptcy discharge past state income tax debt?
dont buy as many condoms, and you wont become bankrupt.
What happens if you dont pay after filing bankruptcy?
Assuming its a chapter 13 bk, if you dont make your plan payments the court will dismiss your bk- allowing creditors to resume collection efforts
Who do you remove a chapter 7 bankruptcy from your credit report?
You dont, the courts or credit companies are the only ones that can remove them. Very long process if they allow it and nowadays, they can choose to keep bankruptcy on your credit for 20 years or more.....
What is available to Ch 11-er's?
We filed chapter 11 in 1999. We were just pre-approved for a home loan a few weeks ago and close on our house October 21st. Our bank didnt even question the bankruptcy. I do think the bankruptcy has to be at least 2 years old but you should check with your lender first. There are tons of loan programs out there so dont count yourself out just because of a bankruptcy. Good luck!
What happens in the other side of truth chapter 31 summary?
so.. chapter 19 name is Welcome in this is when they reached Mrs. Grahams house... AND WHY DONT YOU READ REST OF IT BY YOURSELF!
What if your attorney did not inform you of form 23 in chapter 7 bankruptcy?
my attorney did not inform any form and anytheng. his name is Everardo V. Valencia.Emploe name is Ivonne M. Saldivar. they dont no any answer to be inform me.
Can you reinstate a mortgage after it has been discharged in bankruptcy?
Not sure but I dont think so
How many points does your credit drop when claiming bankruptcy?
you dont get points you loose all your money in that bank acount it happened to my frined he is really poor now has no food in his house and he was in big de sad on him
What do you do if your vehicle was repossessed if you were the co-borrower and the other borrower has filed Chapter 7?
You either pay or dont pay or file B/K also. If a co-borrower has debt discharged through bankruptcy, the other signatory is 100% liable for the balance of the loan.
