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Can you get an insurance license after bankruptcy?
It depends on the bankruptcy... In NJ, if it is a personal bankruptcy & didn't involve any breach in fiduciary responsibility or money of insurers or insureds then it will not prevent one from renewing or attaining an insurance license.
Is chapter 7 bankruptcy clear 10 years from court announcement or hearing date?
Chapter 7 Bankruptcy will be removed from a credit report 10 years after the date the Bankruptcy was FILED.
Would filing chapter 7 bankruptcy clear foreclosure from your credit report?
No, in fact it will leave a Bankruptcy record on your credit report for 10 years.
Does the declaration of bankruptcy permanently absolve an individual of the legal responsibility to pay back a personal loan made to them at an earlier time?
NO
Can a judgment be dismissed if you file for bankruptcy?
To get technical, a bankruptcy does not "dismiss" a judgment. However, the end result is the same- a bankruptcy will "discharge" the debtors responsibility to pay the judgment which makes unenforceable - uncollectible. It is against Federal law to try and collect funds that have been discharged in bankruptcy. Prior to the discharge in a bankruptcy, and IMMEDIATELY after the filing of your bankruptcy petition, an "automatic stay" by the court is put in place to freeze all collections actions against you. There are several exceptions which include certain taxes, student loans and fraud.
Can you fire your bankruptcy lawyer after you have filed?
Yes, but you will still be billed for his or her legal services. And any possible problems with the bankruptcy will be the petitioner's responsibility.
How long my name will be clear after bankruptcy to get a job?
7 years
Can you get an insurance license after bankruptcy?
It depends on the bankruptcy... In NJ, if it is a personal bankruptcy & didn't involve any breach in fiduciary responsibility or money of insurers or insureds then it will not prevent one from renewing or attaining an insurance license.
How do you file bankruptcy to get a judgment off your driver license?
Filing for bankruptcy will have no effect on any judgement that has been applied against your dirvers license.
Does the collector have to chase down the bankruptcy lawyer or is it the debtor's responsibility to include creditor on bankruptcy?
You MUST provide contact info to anyone perhaps effected by your BK...absolutely
Is chapter 7 bankruptcy clear 10 years from court announcement or hearing date?
Chapter 7 Bankruptcy will be removed from a credit report 10 years after the date the Bankruptcy was FILED.
How do you recover losses from an accident when your insurance ran out and the other driver will not accept responsibility?
In this case, the driver is not responsible, it is the owner of the vehicle that is responsible. It is his car and his responsibility to make sure that all drivers of his vehicle are insured when they drive the vehicle. You need to call one of those lawyers who advertise on TV. The owner of the car is responsible and if the driver was excluded from the policy but was allowed to drive the car anyway, you can have his house, car, and all his wages for the next 100 years, and probably the same from the driver. But when you win the case, they'll declare bankruptcy and you'll probably never collect.
Can bankruptcy clear an SSI overpayment?
No, monies owed pertaining to public benefits either federal or state are not dischargeable under bankruptcy laws.
Who is at fault if a car zooms into traffic from a parked position and hits another car?
Anytime a car is entering traffic from a parked position, it is that driver's responsibility to make sure that the lane is clear before moving into traffic. The driver of the car entering traffic would be at fault.
Who is responsible if you are hit by a car that is insured but the driver is not on the policy?
The driver has the sole responsibility as they were behind the wheel.
Would filing chapter 7 bankruptcy clear foreclosure from your credit report?
No, in fact it will leave a Bankruptcy record on your credit report for 10 years.
As a driver you have responsibility for any damage or injuries you cause?
Financial
