If you are asking if you can get a loan due to credit issues, then the answer is "yes" so long as your credit score and debt-to-income ratio are satisfactory to a lender. If you are asking if the bankruptcy court will permit it, then the answer is "maybe." You have to petition the bankruptcy court to get any new loans during the chapter 13 case, usually by filing a "Motion to Incur New Debt" and explaining therein why you want the loan, how much it will be for, payment amount, interest rate, etc. If the court thinks it is reasonable, they will grant permission. If the court thinks it is a bad deal for you or jeopardizes your ability to pay the creditors you have, the court will deny it. Please note that nothing in this posting or in any other posting constitutes legal advice; this is simply my understanding of the facts and law, which I do not warrant, and I am not suggesting any course of action or inaction to any person. Speak to a lawyer for specific advice. Thanks!
No, because C-7 dissolves the business...and it can't do nothin anymore.
Yes, a bankruptcy lawyer can assist with personal and business bankruptcies if you file for Chapter 7 bankruptcy.
Get an experienced bankruptcy lawyer who does chapter 11s. If you want to try it yourself, you will probably not be successful, but you can get the forms online or in stores like Staples. You should download the forms and instructions at [your state] US bankruptcy court.
can I start a new business if I'm going to file chapter 7 on my personal debt?
you can if you was out of 13 but if your not if you had this dept when you file 13 you can get your lawer to add it in just talk to your lawer.
You can file a Chapter 7 bankruptcy.
A business cannot file a chapter 13. But a person can be evicted if he does not pay rent.
You can file bankruptcy again 7 years after the last time you filed.
If your business is a separate entity, no.
Consumer bankruptcy is bankruptcy that is filed by the individual who is in debt mostly due to consumer good. This is opposed to a business or corporation filing for bankruptcy. There are two types of bankruptcy which an individual/consumer can file under: Chapter 7 and Chapter 13.
is it safe to file for voluntary dismissal of chapter 13 bankruptcy
There are many ways one can file for chapter 11 bankruptcy. One can file for chapter 11 bankruptcy by proposing a plan in which the debtor plans on paying back debts over time.
contact a bankruptcy lawyer
You can file as many as you want however you should wait 8 to 10 years before you can file another chapter for bankruptcy.
In GA Can you get your car back after a repossession if you file chapter 13 bankruptcy
If you are talking about a Chapter 7 bankruptcy, It takes 7 to 9 years after you can file bankruptcy again.
Anyone who is a resident of the state can file for bankruptcy in Wisconsin. There is no restriction on who can file, only for which chapter they can file in.
Yes, you can file with an income coming in, which chapter of bankruptcy you file depends on your income
The bankruptcy petitioner can file another chapter 7 8 years after the date of filing of a previous chapter 7.
If the business is a sole proprietorship, yes, since the bankruptcy is personal. For corporations, LLPs and LLCs, no.
You do not have to be unemployed to file for chapter 7 or any bankruptcy.
You can file bankruptcy together or individually when you are separated. What happens in your separation could affect your ability to file Chapter 7 and you may have to file Chapter 13 instead.