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If you mean a proof of claim...as a creditor...to someone else BK (to collect a debt owed you)...the claim should be filed by exactly and only who the debt was made or is now owined by.
If you mean file a joint BK of your own...geenrally yes. Whether it is the best thing maybe a different story. Specific expert advise is best.
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Can i claim bankruptcy on my car loan if I'm not behind on payments?
Bankruptcy is not claimed on individual loans, a bankruptcy involves all your debt. The fact that you are current on your car loan may make it easier for you to negotiate with the lender for the continued ability to pay for your car but it doesn't mean that you get to have it for free. The same is true of a home loan.
What is the best approach to file for bankruptcy?
The best approach to file for bankruptcy is to first evaluate your current situation. Is it truly bankruptcy? How will this affect you? If you decide that bankruptcy is the only way, this is what you must do. Contact a bankruptcy attorney to make sure that it is all done correctly. That is the only way to make sure.
Pros and Cons of Bankruptcy Debt Settlement?
If you're in debt, chances are you didn't expect to be in this state. People get into debt for a variety of reasons, from making a huge purchase that they can't afford to losing their job. There are several options for debt relief, including claiming bankruptcy. However, bankruptcy isn't as simple as it sounds. The consequences of this decision should be weighed before filing for bankruptcy.Pros of Claiming BankruptcyOnce you file bankruptcy, you won't be contacted by creditors any longer. The bankruptcy will also put a stop to foreclosures, wage garnishments and repossessions. While you won't be able to get a credit card right away to start rebuilding your credit, you may be able to rebuild your credit sooner than if you were to deal with the collection agencies. If repaying your debt would take up to ten years, bankruptcy can make the path easier and free.Cons of Claiming BankruptcyA bankruptcy claim will show up on your credit report for as long as ten years. You won't be able to rebuild your credit or apply for a mortgage while there is a bankruptcy claim on your report. Bankruptcy doesn't take care of every type of charge, like student loans and back taxes. In court, you'll have to explain to a judge how you got into a financial mess, which is embarrassing for most people. Also, claiming bankruptcy will land your name in public court records and possibly your local newspaper.Tips for Claiming BankruptcyClaiming bankruptcy is not something that should be taken lightly. You should only turn to this solution if you've tried every other way to get out of debt and haven't been successful. There are three types of bankruptcy claims: Chapter 7, Chapter 11 and Chapter 13. Each type of claim has a distinct method for repaying your debt, filing the claim and using your own assets for liquidation. While you can file for bankruptcy on your own, protect yourself and your assets by hiring a bankruptcy lawyer.
How much debt can you have before filing for bankruptcy?
There's no maximum amount. If you can't make your payments you file bankruptcy.
Can a bankruptcy judge make a creditor lower the interest rate?
In cases of bankruptcy, it is quite common for interest rates to be renegotiated.
How do you make your ex husband drop you off your joint life insurance?
IT can be a taken by the house wife and the husband also
Both husband and wife are on deed as joint owners. Can husband make a deed to a girlfriend without the wife knowing?
no
If I have have won a money settlement can a 20 year old chapter 7 bankruptcy make a claim against the funds?
No
Could creditors claim from a deceased estate if bankruptcy of the recently deceased occured 20 years ago?
The events from before the bankruptcy filing or discharge make no difference to anything incurred after. It is not a lifetime forgiveness!
Are parking tickets be dischargable in a bankruptcy?
Penalties, which tickets are, are NOT dischargeable.
On real property can an heir of a person named in a Joint Tenancy with Rights of Survivorship with someone else make a valid claim for ownership of the property?
NO. When two people own property as joint tenants with the right of survivorship and one dies the other AUTOMATICALLY owns the property. You cannot make a claim as an heir at law of the decedent.
Your husband has had a stroke what happens to his bankruptcy?
I don't have a husband, so nothing will happen. If you are talking about your husband, you should talk to his lawyer. If you are talking about a friend, you should make sure the lawyer for the debtor/husband knows about the stroke. Depending on where the bankruptcy was at the time of the stroke, there may be little effect. If it was after the 341 meeting, unless there were issues raised that need attention, probably nothing will happen. If there were any unresolved issues, or the 341 meeting has not been held, his wife or any person familiar with his financial affairs may be allowd to testify in his behalf. Check with the bankruptcy trustee.
Can i claim bankruptcy on my car loan if I'm not behind on payments?
Bankruptcy is not claimed on individual loans, a bankruptcy involves all your debt. The fact that you are current on your car loan may make it easier for you to negotiate with the lender for the continued ability to pay for your car but it doesn't mean that you get to have it for free. The same is true of a home loan.
Can sisters of a deceased sister in the state of Georgia make claim to her estate because her husband had deserted her living with another woman?
If she was still married when she died, the husband gets the estate and the sisters have no claim. Whatever relationship problems she had with her husband died with her, anything else is merely unfounded conjecture without any legal merit.
Can a wife make a binding agreement on the joint property?
No. She would need her husband's written consent to make the agreement binding. All the owners of the property must sign.
How do you make a claim for your unsecured debt from a company that filed for bankruptcy?
You file something called a "proof of claim", within the time period specified, with the court. The bankrupt, the administrator or just about anyone involved should be able to make sure you get one....and if your on the BK records as a possible creditor, you should be getting one automatically. It makes no difference whether your debt will qualify as a preferred claim, secured, unsecured, administrative, etc. for how you make a claim, although it will be asked on the claim form.
My friend went to a sale outside a store Later on a billboard hit her in the neck We can't seem to make a case cause the store is bankrupt How can you sue the place when they are bankrupt?
You don't sue them because the suit against them is already in place; called a Bankruptcy. Simply file a claim into the bankruptcy for personal injury, and back the claim with some form of documentation; if the court can show merit to the claim they will hold or reserve the funds (or a portion thereof) for the claim (either directly or payable upon suit).
