0
You probably mean debts, not bills. All debts incurred prior to filing AND all assets are reported and used in the BK. Nothing is excluded and all are given priorities by law. Secured debts may have first call on the money received by the asset they are secured by. Assets are used to pay debts. Excess debts may be discharged. Not all assets are used and not all debts aere able to be discharged - generally things like personal/home items, work tools, a reasonable car, etc are not used and debts like child support, court ordered restitution, are not able to be discharged.
What else can I help you with?
What bills does bankruptcy cover?
Bankruptcy cover credit card bills. Bankruptcy can also cover outstanding debts from doctors, utility bills, and bank loans, as well.
If you file for bankruptcy does that eliminate any or all of motor vechicles licence surcharges?
probably not.
Will a judgment be dischared if you go bankrupt?
This really depends on whether the judgment is a dischargeable debt in bankruptcy. There are some debts that you cannot eliminate in bankruptcy and they will continue to exist after the bankruptcy. Generally judgments from credit cards, medical bills or personal loans can be discharged but they can become non dischargeable if the creditor claims fraud or misrepresentation within the bankruptcy.
Can Attorney bills be included in Bankruptcy?
If you're using an attorney for the bankruptcy you have to pay him. Any other attorney bills can be claimed.
What regarding bankruptcy is not true?
Creditors must always eliminate the debt owed by the debtor when there is a bankruptcy.
Can you add medical bills to an existing Chapter 13 bankruptcy?
Yes, you can amend your bankruptcy, usually for a fee that is passed on to you from the court. You should contact your attorney to add your medical bills before you bankruptcy is discharged and to reconfigure your bankruptcy plan.
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.
Why would anyone need a bankruptcy attorney?
People who have accumulated debt beyond their ability to pay, either due to medical bills, credit card bills, disaster, business failure or other financial devestations could need a bankruptcy attorney. This attorney can help guide them through the steps neccesary to help eliminate debt and help a person move on towards a better financial future.
What can congress regulate to help people pay bills?
Bankruptcy
Can you file bankruptcy against a divorce order in North Carolina?
Whether you can eliminate a debt that resulted from a divorce decree will depend on the type of debt. If you owe child support or alimony from a divorce then you will not be able to eliminate the debt in bankruptcy. If the divorce assigned some debt to you as part of the divorce and it was not assigned as child support or alimony then you may be able to eliminate the debt in a Chapter 13 bankruptcy. Chapter 13 bankruptcy allows you to eliminate debt assigned to you that is in the nature of a property settlement and not child support or alimony.
Why would a small business claim bankruptcy?
A small business owner would claim bankruptcy for a few reasons. The biggest reason would be to eliminate most or all debts for which a business owner is personally liable for.
How can you claim bankruptcy to avoid paying bills?
In order to claim bankruptcy a court has to issue a bankruptcy order against you. The best place to find information about bankruptcy and the whole process of declaring bankruptcy is the official government website.
