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Can you lose your life insurance and securities licenses if you file bankruptcy?
Wiki User
∙ 14y ago
Probably not; bankruptcy law generally prohibits the revocation of any license due to filing bankruptcy. However, if you're Bernie Madoff (or someone like him), that may not hold; fraudulent debts generally can't be discharged, and thus are prime targets for license revocation. (Also, if you have a securities license you may NOT be allowed to file Chapter 13; ask your attorney.)
Wiki User
∙ 14y ago
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What happens if you wreck your car after filing for Chapter 13 bankruptcy?
If you wreck your car after filing for Chapter 13 bankruptcy you can file it on your insurance. You can then replace your car based on the bankruptcy order.
Did ballenger construction harlingen Texas file for bankruptcy?
No, they did not file for bankruptcy.
Do both parties on a joint mortgage have to file bankruptcy on a joint mortgage?
No, both parties on a joint mortgage do not need to file bankruptcy. They can file a joint bankruptcy or a single bankruptcy.
Can a licensed insurance agent file bankruptcy?
Yes of course. Insurance agents are people too. Just like anyone else, they can run into insurmountable financial difficulties. However, an insurance agent may find difficulty obtaining company appointments once a bankruptcy has been filed.
Can I renew my life insurance license after bankruptcy in PA?
Bankruptcy will not prevent you from renewing your insurance license. When your license is renewed, one of the administrative action or sanction questions will cover bankruptcy and require you to answer "yes". This will immediately flag your renewal application to require legal documentation. After the renewal has been submitted, you or your compliance service provider will need to submit the proper legal documentation about the bankruptcy to the department(s) of insurance for review. Failure to supply the proper documentation can result in the rejection or expiration of the application resulting in license cancellation. The cancellation could then result in fines and administrative actions. Producers who receive administrative actions, fines, sanctions or file for bankruptcy are required to notify the departments of insurance in all states where they hold active licenses within 30 days. Failure to report these actions may result in further administrative actions including fines and license revocation.
Can you file bankruptcy and still get an insurance license?
ask your series 24 or 26 principal at work. I was able to apply for the series 6 after filing bankruptcy, so you should be able.
Will filing bankruptcy affect your car insurance?
I have file for Chapter 7 twice and it has had no effect on my car insurance.
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 happens if you wreck your car after filing for Chapter 13 bankruptcy?
If you wreck your car after filing for Chapter 13 bankruptcy you can file it on your insurance. You can then replace your car based on the bankruptcy order.
Can a person with a PA Gaming License File For bankruptcy?
Yes, a person with a PA Gaming License can file for bankruptcy. However, it is important to consult with an attorney who specializes in bankruptcy law and understands the specific regulations and requirements for individuals holding gaming licenses. Filing for bankruptcy may have consequences on the license status, so it is crucial to seek professional legal advice.
Did Deltona Corporation file bankruptcy?
No they never did file for bankruptcy
How many year after you file bankruptcy can you file bankruptcy aging?
If you are talking about a Chapter 7 bankruptcy, It takes 7 to 9 years after you can file bankruptcy again.
Why did General Motors ford and Chrysler file for bankruptcy?
They did not file for bankruptcy.
Did ballenger construction harlingen Texas file for bankruptcy?
No, they did not file for bankruptcy.
Do both parties on a joint mortgage have to file bankruptcy on a joint mortgage?
No, both parties on a joint mortgage do not need to file bankruptcy. They can file a joint bankruptcy or a single bankruptcy.
What companies have file bankruptcy in 2008?
what companies did file a bankruptcy in 2005,2006 and 2007.
Can I file your cell phone bill on bankruptcy?
No, you cannot file my cell phone bill in a bankruptcy. However, you can file YOUR cell phone bill in a bankruptcy.
