They are no longer barred from using all legal means to collect. they will call, mail, pursue, bring you to court, get judgements, seize and sell assets..whatever.
What do you do to get paid from someone who owes you?
IF by dropped you mean the case was dismissed, the answer depends on when and why the case was dismissed.
No. Dismissed is essentially incomplete - no resolution...discharged is completed and closed.
The answer is yes -- Chapter 13s are removed after 7 years in a credit file
not at the same time, and you'll have to wait a certain period of time after being dismissed/discharged from one before filing the other.
If you file. It will put a stay on your creditors and they will have to halt there collections. You need to contact a bankruptcy attorney to confirm.
No, the issue has nothing to do with the possibility of criminal charges being brought and the person(s) facing prosecution. It would pertain to a motion made by one of the creditors, such as a charge of "fraudulent conveyance" or the attempt to hide assets and so forth.
Because no plan of reorganization....agreeable to creditors and the court, where the company can continue in operations and successfuly operate was considered possible...its only choice being to dissolve.
No. If you file bankruptcy, you are basically telling the creditors that you don't have any funds to pay them. Your finances are being held by the court and the lawyers will tell the creditors that you filed bankruptcy. You are still responsible for the debt. WRONG! If you file bankruptcy and file a chapter 7, if the judge approves your appeal all your credit card debts are erased, and creditors have to stop calling and harassing you. If you file a chapter 13, you are still responsible for a certain portion of your debt, to be paid over a 5 year period, and creditors have to stop calling and harassing you.
A CHAPTER 7 BANKRUPTCY TAKES 10 YEARS BEFORE THIS IS REMOVED OFF OF YOUR CREDIT REPORT. THE GOOD NEWS THIS DOES NOT AFFECT YOUR CREDIT ANY LONGER! *********************I filed Chapter 7 in 2003 and depending on what your state court's definition of "dismissed" is it CAN affect your credit. For instance, some courts definition of "dismissed" is the same as "discharged." In Ohio it is "discharged" and I no longer owe any debt, however it DID IN FACT AFFECT MY CREDIT. I can NO LONGER get any. I received denial letters stating the reason for being denied, "Bankruptcy." So do your homework according to your state.
yes
You can write them or call and request that your bankruptcy be removed. They do not have to remove it, however. It is generally the amount of time that it falls off your credit or is not considered when being looked at for credit.
D one who was being chased by creditors!