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Q: Can you claim an equity loan on chapter 7?
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How hard is it to claim student loans on a chapter 7 bankruptcy?

I have been through Chapter 7 twice and both times was unable to claim my Student Loan.


Is a car loan discharged under chapter 7 bankruptcy?

Whether your car loan is discharged by a bankruptcy or not will depend on your state and the equity in your car. Whether the loan will be discharged or not is called an "exemption".


On bankruptcy schedule d what does it mean when the value of the property is 5000 but the claim is 1000 what is the secured portion?

If the property is worth $5,000 and there is a claim on it for $1,000, there is equity of $4,000, which will have to be paid to the trustee or exempted (in a Chapter 7). The $1,000 claim will be the secured claim, assuming it is in fact secured by a mortgage, purchase-money loan agreement, judgment levy or other security.


What is the maximum personal loan that can be discharge in chapter 7?

Chapter 7 has no maximum loan amount.


Can you file for chapter 7 bankruptcy if you have equity in my home?

Sure.


You have been in chapter 7 bankruptcy for 5 years the house needs major surgery Are there anyplaces to go for an equity loan And what happens if you leave the house?

Discharged for 5 yrs? Alot of companies will do an equity loan after chp. 7 has been discharged, check with a mortgage broker they have alot of diff. lenders to work with and should know who has the best rates for your situation.


Bankrupt a home equity loan?

If you lost the home or no longer own it you can do chapter 7 (if eligible) and have this debt eliminated. If you are still in the home and want to keep the home but reduce or eliminate the second look at a Lien strip through Chapter 13.


Can you borrow against your home equity after chapter 7 bankruptsy discharge?

yeah


Can an advance cash loan be part of a Chapter 7 bankruptcy?

Yes, it is an unsecured loan.


If you already filed chapter 13 is it possible to change it to a chapter 7 and keep your property and house and give back your automobile?

You can convert your Chapter 13 fo a Chapter 7 if you are eligible for a Chapter 7 discharge. In most cases, you can turn the car back in and the lender would hae the right to file a proof of claim to the extent they weren't able to sell it for the full amount of the loan. The amount property that you can keep is determined by state law. All states have a homestead exemption to protect the equity in your house, but the chapter 7 trustee could sell your home anyway if you have a boat load of equity. Filing for bankruptcy also became a lot more complicated starting 10/17/05, so you should see a qualified bankruptcy attorney in you state before taking and further action.


What are the 7 current liabilities?

Equity shares, debenture, secured loan, non secured loan, borrowings, reserves , retained earnings


Can you file a payday loan under chapter 7?

Yes.