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Debt is settled can money be giving back if you file banruptcy?
Wiki User
∙ 14y ago
No money is given back to you, and a bankruptcy stays on your credit for 10 years.
Wiki User
∙ 14y ago
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Can you exclude your spouse when filing a Chapter 7?
Yes, but do you want to. If your spouse is signed with you on any loan or credit card and he/she doesn't file for banruptcy, he/she will now be responsible for the debt.
Can companies come after you legally if credit card debt is not paid?
Of course they can! You signed a legal agreement giving them the right to come after you in exchange for loaning you money.
How do you settle debt with credit card?
Debt CAN be settled with credit card debt and other unsecured debts. Negotiating a settlement is between you and your creditor and settlements have happened for millions of people and helped them get out of debt.
What is difference between loan and debt?
loan is money borrowed and debt is money owed. :-)
How long does a settled debt stay on credit report?
7 years from the DOFD
What if you get a 1099-C but the debt was settled?
That is a side effect of settling a debt. You really don't get out of it. The company you settled with reports that as money you received. You have to claim it on your taxes in the end.
Invalid check is it still money owed to you?
If the check is invalid, then the debt has not been settled. The money is still owed to you and you can collect it in another form.
What does it mean when you see someone giving money to someone else?
They owe them money and are repaying a debt or are loaning them some.
Can remove a banruptcy off your credit before 7 years?
No. Bankruptcy remains on your record. Check this site. http://www.americanfinancialfreedom.org/debt-consolidation/bankruptcytitle11.aspx
Do life insurance companies ever pay off debt before giving the beneficiary the money?
No.
Can you exclude your spouse when filing a Chapter 7?
Yes, but do you want to. If your spouse is signed with you on any loan or credit card and he/she doesn't file for banruptcy, he/she will now be responsible for the debt.
Is there a compromise made with the irs relief tax?
Many companies work with the tax debt companies to help relieve tax debt. There are many tax debt lawyers that can help you get this settled for a significant amount of money cheaper than what you owe.
If you've settled a debt with a credit collection agency can the original creditor buy back the account and try and charge you again?
No ... you have the proof that the debt was settled.
How do you make a debt on doodle god?
Bank + Money = Debt Money+ House = Bank Gold + Paper= Money
What colony was settled for people with debt?
Georgia.
In Arizona once a bank repose an auto isn't that a settled debt?
Not necessarily. If the money you owed them was more than the car is worth, then you are still liable for the difference.
What is the duration of Money as Debt?
The duration of Money as Debt is 2820.0 seconds.
