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ALL debts and ALL assets MUST be included in your BK filing. You cannot pick and chose what is included. Your entire financial obligations and assets are involved. You go BK, not a debt or obligation. Each type of obligation or asset are given different priorities (or status) of payment, with assets being used to pay obligations. Some assets and some debts may be exempt from seizure or discharge, but they are included and given that status. That basically becomes a court decision. Not disclosing everything on your filing not only will get the case dismissed, but can subject you to fraud charges.
What else can I help you with?
Can credit card debt be erased in Tennessee bankruptcy?
A Chapter 7 BK can eliminate credit card debt.
What could possibly be forgiven under chapter 7 bankruptcy?
credit card debt
If would have a corporate credit card debt of $20,000.00 and was under stress, could I file chapter 7 and be forgiven of that debt?
It would depends entirely on your financial situation, there is not enough information to determine. If you were to file chapter 7, the that credit card would be forgiven.
If you incur a debt on credit card after you file chapter 13 and are still under the bankruptcy can that credit card company do anything legal to collect your debt?
Declaring bankruptcy does not allow you to go out and spend money without having to pay it back. Yes, the debt is not covered by the Chapter 13 filing, so they can do what they can to collect the new debt.
What is the difference between a debt card and a credit card?
The diffference between a debt card and a credit card is ,in a debt card it's money from your account .In a credit card is when you borrow money from the bank.
Where can I get advice on credit card debt solutions?
I am so in debt and I am worried about paying my credit cards. Where can I get advice on credit card debt solutions?
Could You Get Garnished For A 1900 Credit Card Debt?
There were no credit cards in 1900, hence no credit card debt.
When are you in credit card debt?
A person is in credit card debt when they have charges on their credit card and can not pay them. A person can make charges on a credit card and make payments at a later date. When a person charges on their credit card, the charge is now a debt that must be paid.
Can a chapter 7 bankruptcy end a law suit on a credit card?
Yes. The legal action is terminated by the automatic stay. However, whether the credit card debt is discharged depends on how recently the card was used and for what.
Is an additional credit card holder liable for the whole debt on the credit card account?
ia an additional credit card holder liable for the whole debt of the credit card account
Who is responsible for outstanding credit card debt if bank cancels your credit card?
You are because you incurred the debt.
What type of services does 800 Credit Card Dept offer?
800 Credit Card Debt helps you consolidate all of your credit card debt into one monthly payment. They do this by contacting your credit card debt companies and negotiating a payment for you.
