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How can you get your student loan to not be shown as included in bankruptcy since you are paying on it?
Wiki User
∙ 13y ago
You must list all debt owed in a bankruptcy. In a Chapter 7 Bankruptcy federal student loans are listed on Schedule F as a unsecured non-priority debt with an indication that they are student loans.
Please note that nothing in this posting or in any other posting constitutes legal advice.
Wiki User
∙ 13y ago
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Can you get a mortgage with a reaffirmed car loan a bankruptcy and no downpayment?
It is sometimes said "anything is possible . Nevertheless, given this set of circumstances, it would be indeed be impossible. Residential mortgage lending is driven by credit scores. You did not mention what your score is. Other factors, like the lack of a down payment and the bankruptcy would be contributing factors as would your debt-to-income ratio, state of the subject house, etc. But, your credit score would allow someone to give you specific advice as to whether or not you stand a chance of qualifying for a mortgage. Why would it be "impossible?" Studies have shown that if you maintain payments on a secured credit card, auto loan, etc, then as little as 2 years after the date of discharge, you may qualify for a mortgage with interest rates near that of "good" credit holders. I know, because my parents have done just that. 1)You don't have any debt because of the bankruptcy, right? Which means, you ow very little if nothing. Soooo, creditors like it when you have a great amount of disposable income. 2)You can't file for another bankruptcy for 6 years...sooooo, the creditors are safe from being included in a subsequent bankruptcy. Thanks.
How do you pay off all the credit card all at once?
You pay off a credit card balance by paying the full balance shown on your monthly statement at least 7 days before the due date.
What is worse on your credit report charge offs repossessions or bankruptcy?
Any legal item that is shown in the public records portion of your credit report is a significant derogatory. That having been said; your credit rating and credit score takes into consideration ALL the factors showing. So it depends on what your definition of "worse" is. I have clients 2-3 years out of bankruptcy with higher credit scores that clients with pages of clean accounts that have recent late payments.
How do you get a creditor to withdraw late payment reports that occured after you filed BK if the creditor claims they can continue to report this?
If the account with the late payments was discharged in the bankruptcy, that account needs to have all information removed except for the "discharged in bankruptcy" (or similar) statement. Once the account is discharged, continuing to show late payments is like hitting the consumer twice. Send the original creditor copies of the pertinent pages from your bankruptcy papers, copies of your id, ss card and a letter requesting that they change the way the account is being reported to the bureaus. Concurrently, write the bureaus and request the same changes. If you are not successful, you may have to file suit to have the information shown accurately.
Does not paying a storage unit affect your credit?
Most storage facilities do not have an account with the CRAs, so in most cases, no. However, the legal right exists to report non-payment to a CRA, so although it usually doesn't happen, it could possibly get shown on your credit report.
If a creditor is shown on Schedule F of a Ch 7 bankruptcy does the creditor need to file a proof of claim?
Yes
Which bench press bar is it?
The bench bar is included as shown in the pictre.
How is the size of the area shown on a map related to the distortion?
Hello ECHS student.
What is the function of the complement shown in parentheses Stacey is a (member) of the student council?
perdicate nominative
What is the function of the complement shown in parentheses in Stacey is a member of the student council?
The complement "a member of the student council" serves to provide more information about the subject "Stacey" by identifying her role or association within the student council. It completes the meaning of the sentence by specifying what Stacey is.
What is the function of the complement shown in parentheses in this sentence Stacey is a (member) of the student council.?
predicate nominative
What is the function of the complement shown in the parentheses in this sentence Stacey is a member of the student council?
predicate nominative
Is sales included in balance sheet?
sales are part of income statement and not shown in balance sheet.
Do kids have to pay federal student loans when a parent dies?
If a parent were to obtain a federal school loan for their child and the pass away , the child would not be responsible for paying it back. The loan would be discharged due to death discharge. A death certificate would have to be shown to prove death of the borrower.
Is the brokerage will be included in net price?
It is only in the gross price that brokerage/commission amount will be shown in the invoice.
Do you need to include a debt that you are still being treated for when filing bankruptcy?
Yes, you need to file it because it has to be shown for legal reasons to show your accountant and superiors. Also it can also be evidence to show what was the actual cause of bankruptcy because sometimes it's not always debt.TIP: Always keep a note of what your incomes and the money you take out to stop you going into debt and eventually bankruptcy!
What is a net ionic equation what species are shown in such an equation and which species are not shown?
A net ionic equation only includes those components that are directly involved in the reaction. Spectator ions are not included.
