0
Once Bankruptcy has discharged your creditors can they still be listed as adverse accounts?
Wiki User
∙ 15y ago
Yes.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
Will your spouses credit be effected if you file bankruptcy alone?
In a perfect world, the answer would be NO. However, if you have any joint accounts or have separate accounts with the same creditor, it would be advisable to monitor your credit reports for any adverse entries in your wife's name.
How long does bankruptcy in the UK last?
Nowadays bankruptcy usually lasts about a year. Once your bankruptcy is discharged you will be free to start re-building your debt free life. You will probably find it almost impossible to get unsecured credit for a number of years. Mortgages are more available, but the rates will be higher. It pays to shop around, because the rates on adverse credit loans can vary widely.
What does adverse accounts mean?
An Adverse account means a delinquent account. An account that has not received on time monthly payments, or payments at all.
Do adverse credit bank accounts have high monthly fees?
Normally bank accounts are not affected by adverse credit. If they are, there should not be a higher fee connected to them unless a loan is involved. Normally bank accounts are not affected by adverse credit. If they are, there should not be a higher fee connected to them unless a loan is involved. Absolutely NOT yes i have maybe 400000 dsh in my acunt NO, UNLESS A LOAN IS OUTSTANDING.
How long do adverse accounts remain on your credit report?
7 Years, and then they are removed. Under your adverse account, there should be a removal date for each account.
Is bill consolidation a preferable alternative to bankruptcy?
Bill consolidation is a better alternative to bankruptcy. Bankuptcy will go on your credit and has stipulations to being accepted. Bill consolidation will give you a chance to pay off your debts without an adverse effect to your credit score.
Can a bankrupt start a new company?
In the UK a bankrupt cannot carry on a business. However, after twelve months of restriction, and provided no adverse behaviour on the bankrupt's part has taken place, a discharge is issued by the Court After discharge a bankrupt can carry on, or start, a business without the restrictions that applied during their bankruptcy. And, provided they are not subject to a separate disqualification order, a discharged bankrupt can also act as a director of a limited company or be involved in its management.
What has the author Li Gan written?
Li Gan has written: 'The thick market effect on housing markets transactions' -- subject(s): Econometric models, Housing, Prices 'A simple test of adverse events and strategic timing theories of consumer bankruptcy' -- subject(s): Bankruptcy, Mathematical models
Which banks in New York City are best for people with adverse credit histories to obtain loans or accounts at?
Banks in New York City are almost always adverse to give loans to people with bad credit. It will be possible to open an account, but loans will be almost unfindable.
How could it also hurt YOU if you declared bankruptcy?
Negative effect on your credit, Property may be affected, Not all debts can be eliminated, adverse effect on your financial situation, influence the status of your security clearance if you don't inform your employer about your bankruptcy and why you've filed for bankruptcy, can also limit future job opportunities depending on the field of work you are in, you may not qualify for new credit, Not all retirement plans are protected.
What is a sentence for adverse?
I am adverse to this question!
What does adverse mean in this sentence you are not adverse to dating outside your race?
Saying not adverse means you are not against. An adverse reaction 'goes against' the expected reaction. I am not adverse to reading my science textbook.
