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Can you keep your checking account when you file for bankruptcy?
Wiki User
∙ 13y ago
Can u keep your checking account after filing chapter 13?
Wiki User
∙ 13y ago
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What is loan reconcillation?
When you file bankruptcy, you may wish to reconcile a loan. Basically, it's a loan that you have that you don't want to file bankruptcy on. You intend to keep paying it as normal, while still declaring bankruptcy on other loans.
What is the purpose of a checkbook register?
To keep track of the amount of money in your checking account
Does Regions Bank offer a business checking account?
"Yes, they offer a business checking account. They actually have several different levels of business checking, some of the ones for larger businesses come with no fees if you keep enough money on deposit."
Does having a checking account improve your credit score?
No, a checking account is not correlated to your credit score. The only reason why you have to give your social security # is to prove that you have no outstanding debt with any other banks. ______________________________________ Actually, there is a correlation. Having a checking account doesn't improve your credit score, but you can be accepted or denied an account based on it. If you have bad credit, or no credit, you may be denied from a variety of bank checking accounts. I was told by my lawyer it does improve your credit if you keep your checking account in good standings he said the bank report it monthly to the crdit bureaus thats just what i was told
What are the differences between a money market account and a checking account?
Money market accounts and checking accounts share a lot of similarities. One difference between the two includes a limit on transactions on the money market account. One may need to keep more than $10,000 in a money market account to avoid penalties, whereas a checking account can be run down to a zero balance usually without penalties occurring.
Can you have a credit card and a checking account if you file bankruptcy?
Of course you can. The card issuer has to be listed along with the balance owed. If there is a zero balance on the card and outstanding charges that have not hit yet, you may not have to list it, but it's safer to list it. Any amount in a checking account that cannot be exempted under state or federal exemptions becomes property of the bankruptcy estate. You don't get to keep it.
If I file chapter 7 and my husband doesn't can they take the money out of a joint checking account?
No. As long as you are filing for bankruptcy by yourself, your money with your husband will remain joint. Keep in mind that any debts you may share with your husband will remain with him as well.
Can you keep an account and not list it in a bankruptcy?
Yes.
Can a person keep and file bankruptcy if the home is under any mortgage?
Yes he can file for Bankruptcy if he wants to depending on the situation of his property.
If I file Bankruptcy-7, will I be able to keep my 401k/ my home/ and my cay?
Chapter 7 is a liquidation bankruptcy, you are giving up your assets. If you want to keep your home and car you would need to file a Chapter 11 Bankruptcy.
What is the difference between a trust and a checking account?
a trust account means you trust the person that is opening the account, and a checking account means you will keep checking it to make everything is okay.
Can you keep your home if you file chapter 13 bankruptcy?
yes
Can you file a bankruptcy to keep from paying definciency on a foreclosure?
Yes.
Can you keep your vehicle if you file chapter 13 bankruptcy?
yes
Can you keep your home in a bankruptcy in NC?
It depends on which "chapter" of bankruptcy you file. I suggest you speak with an attorney to see what you can do.
What is a checkbook?
It is a booklet used to record checking account transactions. To keep track of the amount of money in your checking account
Can you keep your chequing account If you go bankkrupt?
Yes, if the bank holding the account allows it. When a person files for bankruptcy, depending on the type of bankruptcy you filed.
