Bankruptcy fraud is an extremely serious issue and is definitely subject to prosecution, subtantial fines and incarceration. Because it is a federal felony each proven count of concealment constitutes a separate criminal count. Each concealment count that the defendant is found guilty of carries a mandatory 5-year prison sentence which usually will be imposed to run consecutively. It would be in the person's interest to retain legal counsel as soon as possible or at the very least legal advice from a qualified bankruptcy attorney.
Yes. If you voluntarily have a chapter 13 bankruptcy dismissed, your creditors will be notified of the dismissal.
A Chapter 13, whether it is dismissed or successfully receives discharge, is on your credit report for 7 years. A chapter 7 is on your credit report for 10 years. i called equifax and a discharged chapter 13 stays on for 7 years and a dismissed chapter 13 stays on for 10 years
IF by dropped you mean the case was dismissed, the answer depends on when and why the case was dismissed.
Since its dismissed w/ prejudice - Wait 180 days and file an individual chapter 7. Your spouse does not have to file.
Yes.
You can't. A valid entry for a dismissed chapter 13 bankruptcy will remain on a credit report for seven years from the date of dismissal.
if your chapter 13 gets dismissed can you buy a car
I wish if I knew the answer
No, once a bankruptcy is dismissed it has to be refiled after the time limit has expired. The time limit to refile after a chapter 13 dismissal is two years.
Two years after the date of the chapter 13 dismissal.
A chapter 13 can be filed if it has been at least two years from the date the first filing was dismissed.
i am A Mortgage Broker The Bankruptsy Never Leaves The VCredit Report But if You Are Trying To Do Something With Your Credit Banks Go off The Discharge Date * 10 years for a dismissed chapter 7 and 7 years for a dismissed chapter 13.