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When filing a Chapter 7 bankuptcy can you list old bills inadvertently left off your Ch 7 from 10 years ago?
Wiki User
∙ 19y ago
If the old bills are at least 10 years old they are probably not on your credit. I'm not positive but I think debts can only stay on your credit for the same amount of time that a bankruptcy can.
Wiki User
∙ 19y ago
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What can you do about your medical bills you cant pay them and you filed for bankruptcy in 2008 your husband is file on them now but they will still come after you?
Assuming these are medical bills incurred after your Chapter 7 filing and you received a discharge, and they are for medical services for you, not your husband, they will come after you. You should consider filing a chapter 13 to pay them off in whole or in part, depending on your income and expenses. If your husband has a bankruptcy lawyer, he should ask the lawyer. You may consult your own lawyer.
If you have an existing Chapter 13 Bankruptcy can you add medical bills to it?
Not if the bills are for medical care given after the date of filing. If you unintentionally omitted pre-filing medical debts, you will have to file a motion to amend your Schedule F and Plan, file the amended F and Plan and be able to pay the new plan amount. If your plan has just started, or was less than 60 months, it may not be a problem.
What are the 3 most common types of bankruptcies filed in the us every year?
Chapter 7 is the most common form of bankruptcy being filed by consumers and businesses. Under Chapter 7, you may eliminate most of your debt including credit card bills and loans through liquidation of assets, however, most consumers end up debt without the loss of their home or other valuables. Chapter 11 is usually filed by businesses than individual people due to the high costs that surround it. By filing for Chapter 11, a business is allowed to re-organize, strike deals with creditors, and liquidate assets. Chapter 13 appeals to both business and consumers and unlike Chapter 7 which eliminates the debt, Chapter 13 requires you to create a re-payment plan. If you were unable to repay all debts in the given time of 3-5 years, you may be allowed to restructure the filing to a Chapter 7 filing.
How long do you have to have medical bills before you can file a chapter 7 or 13?
You may discharge medical bills that are accrued up until the day your case is filed in either chapter.
Can you just declare bankruptcy on your home?
No. You do not "declare bankruptcy" ON anything. You declare bankruptcy when you cannot pay your bills as they come due. You must list all your assets and all your debts. What happens after that depends on which title you are filing under, chapter 7, 11, 12 or 13.
Where is free information about bankruptcy?
There are two types of personal bankruptcy individuals can file: Chapter 7 is the most common, where most of your debts are wiped clean. A Chapter 7 filing will discharge your debts, except for alimony and child support, federally insured student loans, criminal and traffic fines, state and federal taxes due within the last three years, and debts that resulted from willful malicious acts. Another common bankruptcy filing is Chapter 13 which allows you to pay back your debts on a payment plan, and may also reduce some of your debts such as medical bills.
Is it better on your credit to refile after a Chapter 13 dismissal or pay your bills yourself with your creditors?
You are always going to be better off by paying your bills.
What if your customer files Chapter 11?
Fully and completely return all paperwork, including your "proof of claim" on time! How much you may actually get, is very uncertain. You CANNOT roll the debt to post petition bills (things purchased after the filing). You can discontinue future business or credit however.
How does the bankruptcy power work?
Bankruptcy plays vital role in your life if you are facing financial problems or having unsecured loans like medical bills, repayment loans,wage garnishment. Filing bankruptcy gives you strong legal protection from your creditors. If some one is facing home foreclosure then filing chapter 13 bankruptcy helps a lot. It stops home foreclosure & bring automatic stay.
Can you file for chapter 7 if you are lay off?
Yes. Chapter 7 means you can't pay your bills. It is not free to file and you need to get an attorney to do it for you.
What schedule do I list garnishment on chapter 7 bankruptcy?
i receive a judgment for ganishment but i have other bills which i qualify for chapter 7 does it get dismissed if i include it in the bankrutpcy
What were the chapter 7 bankruptcy laws in 2001?
Bankruptcy laws changed dramatically in 2005 and make it considerably harder for people to file chapter 7 bankruptcy, those people who do not qualify for chapter 7 are left with the option of chapter 7. Some of the major changes with chapter 7 are:In a Chapter 7 bankruptcy, the income of the person filing will be subject to a two-part test. First, your income will be calculated with exemptions such as rent and food to determine whether you can afford to pay 25 percent of your unsecured debt such as your credit card bills. Second, your income will be compared to your state's median (middle) income.You won't be allowed to file for Chapter 7 if your income is above your state's median income and you can afford to pay 25 percent of your unsecured debt. Even if your income is below the state's median income and you can pay 25 percent of your unsecured debt, the court may still deny your Chapter 7 filing. There will be very few exceptions to this test, no matter how sympathetic your case is.
