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You don't need to "clear your name" after Bankruptcy, the stigma isn't what it used to be. There's a common myth that once declared bankrupt you will be added to a "blacklist". There is no such blacklist. Under British law you will most likely be "clear" of you bankruptcy after 4 years, after which time you are allowed to apply for credit (if you want to), a good way to start is with a credit card with a low-limit. Use this card every month and clear the debt every pay-day, after a few months of this apply for another and then a few months later another. Make sure you pay them off. Keep this up for a maximum of 3 cards and for 1 year. This will improve your credit rating and you will probably be eligable for a loan, mortgage, etc. Be careful with your money though! Good luck, Moog.
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Can bankruptcy court take taxes after dismisal?
Most taxes are not discharged in bankruptcy.If the amount of your tax liabilities is not clear, the bankruptcy court cam decide how much you owe; you need not go to tax court for that.
How long bankruptcy after discharged records stays?
1st bankruptcy = 7 years 2nd bankruptcy = 20 years 3rd bankruptcy = life
How can you verify a company has filed for bankruptcy?
http://www.companieshouse.gov.UK/ click on search company info search there name then click on order info on this company but you don't have to pay and it will show you a list and tell you if it has filed for bankruptcy. Adam www.aeautomotive.co.UK
How do you find out if someone has filed for bankruptcy?
Bankruptcy court records are public records, unless the court has impounded some or all the information for some good reason. There are banking publications, like Banker & Tradesman, that publish all filings in their area. Some local newspapers still publish bankruptcy filings from their communities. And you can check out the bankruptcy filings at the bankruptcy court for your area. There is usually a public access computer in the clerk's office where you can look for filings by name. A deputy clerk will be happy to assist you.
What happens to savings and CD accounts during bankruptcy that have your name on them if they belong to another person and you actually have not inherited them yet?
If your name is on any account or CD, it is an asset of your bankruptcy estate. If the money cannot be exempted, then it can be siezed by the Trustee. However, if these are funds that are held in a Trust or become yours only upon the death of the holder of the funds, then they may not be reachable by a Trustee. If the person dies within 6 months of your bankruptcy filing date, then the money will have to go to the Trustee.
How long my name will be clear after bankruptcy to get a job?
7 years
How soon after Chapter 7 bankruptcy can you have property given to you?
I think chapter 7 bankruptcy at least take 5 to 6 years to clear the bankruptcy so its automatically remain on your name for those years.You will get your property only after this case is complete.
Is chapter 7 bankruptcy clear 10 years from court announcement or hearing date?
Chapter 7 Bankruptcy will be removed from a credit report 10 years after the date the Bankruptcy was FILED.
Can bankruptcy clear an SSI overpayment?
No, monies owed pertaining to public benefits either federal or state are not dischargeable under bankruptcy laws.
Would filing chapter 7 bankruptcy clear foreclosure from your credit report?
No, in fact it will leave a Bankruptcy record on your credit report for 10 years.
Will bankruptcy clear driver responsibility?
yes alot of people dont know but yes it will
If you filed bankruptcy and have decided to sell your house Do you have to let the realtor know about the bankruptcy?
If you filed for bankruptcy and the title company knows about it, then you cannot sell your house. Your title is not free and clear so a buyer could not purchase. It also depends on the bankruptcy, you should talk to your lawyer.
Can you file bankruptcy on credit cards that are not in your name but you are responsible for?
check Federal Bankruptcy act 801.3
What do you do to get your name and your children removed if someone used your name income and children as dependents for their bankruptcy?
Your question needs to be addressed to an attorney familiar with bankruptcy laws as well as fraud statutes. You could begin by informing the bankruptcy trustee. That is the person assigned by the bankruptcy court to determine the eligibility of the bankruptcy applicant. If you can't find out who this person is, try calling the bankruptcy court. Bankruptcy is a federal court issue. There are usually two bankruptcy courts per state.
If I want to file bankruptcy but my car is in my aunt's name is there any way she can release it into my name and I file the car in with my bankruptcy?
must be yours for two years
How long does It take to clear bankruptcy?
Bankruptcy is never really cleared. Companies usually stop considering it as an issue for credit, after seven years. It still remains in many consumer reports.
Can a person who declared bankruptcy be bondable?
Yes, a person is still bondable. They just have to be able to pay their bond or have a clear background check to be bondable.
