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Usually, people do a couple of things when they are considering this option. Firstly, they may talk to some close friends and/or browse the net. The trouble with each of those methods is that the information is generally imprecise and relatively generic. There are no two situations the same, as everyone has a distinct set of financial scenarios that must be considered in this process.
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When you file bankruptcy are you always in bankruptcy?
Bankruptcy is a legal proceeding in which a person can get a fresh financial start. Bankruptcy can be very useful and effective in resolving financial problems in certain cases.
What if had bankruptcy?
Bankruptcy is a legal proceeding in which a person can get a fresh financial start. Bankruptcy can be very useful and effective in resolving financial problems in certain cases.
Is bankruptcy a legal proceeding that is regulated by the federal government?
true
Is debt that discharged in a bankruptcy proceeding considered 1099 income?
no
Bankruptcy is a legal proceeding that is regulated by the federal government?
true
Can a person who surrendered their property in bankruptcy sign a deed in lieu?
A person who is engaged in a bankruptcy proceeding cannot convey property outside of the court proceeding. You should contact the trustee in bankruptcy for advice because the court will want to review the transaction. You will likely need a court order to execute the deed.
Can you file bankruptcy on traffic tickets if they are 15 years old?
No. Traffic citations are not covered in any type of bankruptcy proceeding and the debt you have associated with that will remain with you.
What is the use of a corporate bankruptcy attorney?
The use of a corporate bankruptcy attorney is to assist in the legal proceeding of filing for bankruptcy for a corporation. An attorney is necessary to make sure the process goes smoothly and everything is taken care of.
What is a bankruptcy plan review?
A bankruptcy plan review is when an individual or business files for bankruptcy and a plan for settlement on the case is reviewed by the parties involved. This type of proceeding is often monitored by mediators and attorneys for the various parties.
Can a Nevada HOA still place a lien on homeowner who failed to pay a special assessment prior to homeowner filing for Bankruptcy?
Your bankruptcy attorney can help you determine whether or not the special assessment was part of your bankruptcy proceeding.
Can new debt be collected after bankruptcy?
Yes, the debts protected under a bankruptcy proceeding are enumerated when bankruptcy is filed. Any debts accrued by the bankrupt party in the future are not protected by a previously filed bankruptcy.
How do i settle bankruptcy?
The best thing to do is to consult a lawyer specializing in that area. The Federal Bankruptcy Court, in an official well regulated legal proceeding is the only one that can handle (hear, approve, settle, etc) anything to do with bankruptcy.
