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Filed bankruptcy after a car accident had been paying on the bankruptcy for about 6 months before the car accident now its time to settle where does the settlement go?
Wiki User
∙ 15y ago
Hopefully you listed the asset in your schedules. If not, call your bankruptcy lawyer or trustee ASAP! This could result in all sorts of unhappy consequences.
If it is properly listed, the trustee will work with you to split the settlement. Your PI lawyer gets paid first and the rest of the money is shared between the debtor and creditors. In some districts, the debtor gets nothing. Get professional help - you don't make sense even here...you were paying on the BK for six months before the accident, but filed BK after the accident?
Wiki User
∙ 15y ago
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If you have a car repossession can it be settled if in several months you go into bankruptcy?
If by settled, you mean get your car back, no, unless the bankruptcy was filed before the car was sold at auction (unlikely to be several months).
If you are pregnant during an accident and your child is born months later with problems are you entitled to a settlement for the baby?
If it resulted in the baby's serious injury or death you can have the person's house, car, wages for the remainder of his lifetime, and all except the clothes on his back. But unfortunately when you file a lawsuit he will file Chapter 7 bankruptcy and you'll probably never get anything.
If your car was repossessed a few months ago and you owe 12K on it can they take any money from an accident settlement you are due to receive?
Only if they know you are getting it and have a judgment against you.
If you had a lien placed on your house 2 months before you filed bankruptcy and you filed bankruptcy on that creditor is the lien still valid?
All liens survive bankruptcy. You can get rid of the lien by "avoiding" it. Look up "Avoiding Liens" in google or findlaw.com for more info.
If I filed for bankruptcy months before my house was going to go into forclosure & the bankruptcy was complete,then my house was just about to go into forclosure can I still apply for the Obama mrtge relief plan even though I listed my house in the bnkrpc?
Yes, you can still apply for Mortgage Relief after filing bankruptcy.
You have been bankruptcy for 20 months can you bye a house?
yes
If a spouse passes away two months after you filed bankruptcy are the courts entitled to their life insurance policy and if so how long should you wait before filing a claim?
Most death benefits are exempted from bankruptcy procedure. This however depends on the type of bankruptcy being filed, and perhaps to the laws of the state of residency.
Can you open a checking account before bankruptcy?
After declaring bankruptcy it is smart to wait six months before obtaining a new account. If a trustee finds that you have XXXX amount of dollars in bank B after closing an account at bank A it will look as if you tried to defraud the bankruptcy law. For chapter 7 wait until discharge for chapter 13 as long as you are making timely payments it doesn't matter.
How long will bankruptcy prevent a foreclosure?
Bankruptcy will prevent a foreclosure but you still have to reaffirm the loan and begin paying or the bank will repossess your house regardless of bankruptcy. Bankruptcy temporarily halts the process for up to a couple months.
Fixing credit errors How do I go about getting a bankruptcy off my record it's been just 3 months short of 10 years it was a chapter 7?
wait till 3 months after because they will NOT do anything before
Can you stop your bankruptcy while in process?
You will be discharged usually after 12 months, on the first anniversary of the bankruptcy order, but there are different dates which might apply to you.
If your bankruptcy was discharged a few months ago can you sell your house to a real estate broker before the trustee sale?
If the house was forfeited in the BK, instead of a reaffirmation agreement with the lender..NO!
