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You can, but it will likely be reviewed and reversed by the court as being preferntial and in anticpation of bankrutpcy.
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If your vehicle is stolen prior to filing chapter 7 bankruptcy can you still file the remaining loan amount?
Yes... but make sure you get an attorney. It may get complicated.
Does income count AFTER you file chapter 7?
A person's income does not count after filing chapter 7 bankruptcy. All that counts is what you had before filing bankruptcy.
How much debt can you have before filing for bankruptcy?
There's no maximum amount. If you can't make your payments you file bankruptcy.
How much does a business make?
The amount of capital that a business can make ranges from filing bankruptcy to buying a presidency.
What happens when filing bankruptcy because of gambling?
Whether or not you lost money gambling has nothing to do with bankruptcy. The question is whether or not you can pay your bills. Do you make Twenty thousand a year and owe two hundred thousand? Are bill collectors at your door day and night? Then you file bankruptcy.
What can a chapter 13 attorney do for the clients?
A chapter thirteen attorney will not only help you make your bankruptcy legitimate, they will also help you figure out some of your financial problems to make it easier for you to pay off some of your debts.
Bankruptcy Attorneys Can Help You Start Over?
Few people look forward to filing for bankruptcy. This is a truly dramatic decision to make in your financial life. It is never easy, but there are times when it is the best option. Bankruptcy Attorneys can help you start a new future. The global economy has been troubled in recent years, and this has led to a series of layoffs in the U.S. and around the world. People are losing their jobs everywhere, and there are millions that are still unemployed. There comes a time when your finances are in such disarray that it is best to wipe the slate clean. Bankruptcy attorneys can help you decide which filing is best for your situation. A chapter 7 or chapter 13 bankruptcy are the two most common bankruptcy types. A chapter 7 filing allows you to wipe the slate clean totally. A chapter 13 is basically a repayment plan that is adjusted to fit your current situation. Legislation in 2005 changed many of the bankruptcy laws, it is important to find bankruptcy attorneys that are experienced with these new laws. The changes in these laws can make a big difference in your case. People do not have as much control over the type of bankruptcy they can file anymore. The court uses a certain calculation to determine your eligibility for filing. You must meet a certain income level before you can qualify for a chapter 7. If you do not, you will be permitted to file the chapter 13 bankruptcy. The new legislation also required filers to undergo some counseling. You must go through this financial counseling six months prior to filing for bankruptcy. Your bankruptcy lawyer can advise you on the different ways to accomplish this. Some classes are available online. There are two main financial counseling sessions that must be completed prior to your final discharge. The first session is prior to filing, and the other session is prior to be discharged. The court wants to be confident that you are ready to make better financial decisions the second go around. You can find bankruptcy attorneys by looking on the internet, talking to family and friends, or a referral service.
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.
How do you start filling for bankruptcy?
The best option is to hire an attorney. Unless you are very practiced in law, you could make a mistake. Making a mistake when filing for bankruptcy can have serious consequences.
Can a credit card company sue you if you file bankruptcy?
For filing bankruptcy? No. Filing for bankruptcy is not illegal and your right to do so cannot be waived by contract.For fraud? Yes, but the fraud would have to be proven.For the money you owe? Possibly, but pointless, since they are already a creditor and a successful lawsuit will only make them a creditor, which they were to begin with. It wouldn't even raise their standings in the priority of repayment from the bankruptcy discharge.
If you make 300000 a year are you rich?
Yes, a surgeon gets less than 200,000 and none of them I know are filing for bankruptcy.
Is financial debt solutions a better solution fo filing bankruptcy?
Debt solutions or consolidation is something you should look into before filing bankruptcy. Consolidationg your debt allows you to make smaller payments over a set amount of time and can positively effect your credit.
