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Chapter 7 discharged bankrupcya cousin is now trying to take you to court for money that you borrowed a year before you filed for bankruptcy are you protected under the bankruptcy?
Wiki User
∙ 14y ago
If you included it in your bankruptcy, you're protected by the discharge. If you didn't and you're already discharged from Chapter 7, you may not be protected. I suggest you discuss this with your bankruptcy lawyer.
Wiki User
∙ 14y ago
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Do you have to pay back paydayloans when your are bankruptcy?
No, they should be listed with all debts you want discharged, provided they were made before you filed. If the payday loans were borrowed before you declared bankruptcy and they are discharged make sure you do not pay back a penny on this debt, or you will owe it!! Payday lenders know how to use every trick and how to use the legal system better than you do!
Can a loan you borrowed from a friend be covered under a bankruptcy?
Generally yes, if there is a contract signed by both of you (the lender and borrower) and you include that debt in you bankruptcy filing.
Can you get loan or credit card before chapter 7 is discharged?
Think about it. You borrowed too much and had to declare bankruptcy. Why go down that path again? Work on living within your means, which may be downsizing your lifestyle and doing with less. Or, get a second job. Save your money and get your financial life together.
What if you file chapter 7 will you still owe creditors if you have a corporation?
To the extent of your personal guarantee for the corporate debt, or if both you and the corporation borrowed the money, you will not owe anything if the debts are discharged in your personal chapter 7. If the corporation has any assets, it will be subject to lawsuits and attachments by the creditors. You should discuss the situation with an experienced bankruptcy attorney, as it may be better to wind up the corporation before filing a personal bankruptcy.
If you were told by your attorney that your 401k was protected and exempt from bankruptcy and you borrowed on it to try and save your home now you are faced with paying taxes on it. can we sue?
Precious...you saw my last answer I should think....better read it again.What he told you is correct...and your 401k is still there and safe from BK.....if he told you it was OK to borrow against it and that the borrowed money would be safe from BK just like the 401k is ...that would be wrong and you may want to take action against him.....If you thought touching the 401k (as in borrowing against it) was the same as keeping it protected and safe...it's just your fault for not understanding what your doing.
Could a 400 dollar loan from your sister that you borrowed affect your ability to apply for bankruptcy?
Probably not, especially if it was not documented as a formal legal contract.
What happens if you die with a borrowed item in runescape?
Answer: i am not sure what you mean but you keep it or it goes back to the other person Answer: A borrowed item is protected above all other items, even if it is worth much less. Also, you can't go into certain areas with borrowed items. In no case will the owner of the item, the one who borrowed you the item, lose it.
Can chapter 7 be dismissed for abuse if your house was refinanced for a large amount of over 100000 borrowed over original purchase amount three years before claiming bankruptcy?
Maybe, but unlikely...the basic Q is was it done in anticipation of bankruptcy.
Will filing of a chapter 13 bankruptcy prevent Auto car repossession in new york state?
Yes, at least for a short time. But you will have to pay what you missed and borrowed in order to keep it.
Can you still keep your vacation home if you file bankruptcy if there is no equity?
In a chapter 7, yes, you can keep your vacation if you have no equity in it. This assumes you have not run out and borrowed money against it knowing you were going to file bankruptcy. In a chapter 13, the equity is only relevant to the amount to be paid to the unsecured creditors. You don't "lose" the property.
What is the verb phrase in the sentence She should not have borrowed your dress?
The verb phrase is "should have borrowed."
Will you always get back your lent items even if you didnt change how long they can have it for?
Yes. There is no way the item can be lost, or scammed. It is returned automatically after the set time. Also, if the borrower goes into combat, the borrowed item is protected above all other items. The borrower can't even access certain dangerous areas, such as the Wilderness, with borrowed items.
