Unaffected and not covered.
Yes, late payments on mortgages can be reported. The chapter 7 discharges all unsecured debts, except for student loans, child support and certain taxes, and any balance due on secured debt after the collateral has been surrendered and sold. If you reaffirmed the mortgage and failed to make payments during or after the chapter 7, that can be reported. Late payments can also be reported. Many states prevent penalties for late payments if the payment is made within a certain number of days, but they can still be reported as late if not made on or before the due date.
Legal grounds are payments not being made...usually if there is a car involved, if 3 payments have not been made in a row and there has been no contact made with the signers. Reposession will be put into play.
Chapter 11 is a corporate business bankruptcy where a reorganization plan is made while operating under protection. It is not a Chapter 13 with a specific payment plan.
No. But, the vehicle will become a repossession if payments are not made.
War reparations are the payments made between countries to cover the damages of war. Almost exclusively, these payments have been made by the defeated party.
Yes. If you have payments due to them which you haven't made then they have the right to come to your residence and request for payment.
If the mortgage payments are still being made then no - they won't be, however - if you default on the mortgage payments then yes - they will go after the cosigner and if it is not paid their credit will be effected.
Social security payments are not a factor in the means test. However, they are a factor in terms of your budget and as to how much you have available to repay creditors under Chapter 13.
No,paypal does not take taxes out of payments made to you
yea they will come to your house and shoot you
There shouldn't be any jail time in a situation such as this - the objective is to ensure that the payments are made, and that has been done.
What payments? Chapter 7, 13, 11? Secured debt payments (mortgage, car loan, etc.) should be made after filing. Bills acquired after filing (telephone, electricity, cable, DSL, etc.), must be made. All others should not be paid, especially on a regular basis, or you may reinstate the debt.
Yes, if the creditor first obtains relief from the automatic stay. This is accomplished by filing a motion and proving that you have not made payments on the vehicle.
If I'm a buyer and I want to keep the automobile, can the co-signer take it away if all the payments has been made. I put the down payment on the truck and the insurance in my name.
Yes, if other terms of the contract are breached, such as having no car insurance.
Child support ends when all the payments ordered by the court have been made.
The only viable option would be to discuss the matter with the lender and hope that an equitable agreement can be made. In lieu of such, the petitioner should contact the BK trustee to find out if the Chapter 13 can be modified.
If you are paying less than 100% of your debt to creditors, then you were required to at least give a portion of the refund to the BK Trustee (since it is considered income). The fact you made plan payments is irrelevant. If you had some unforseen expense come up- it would have been better to discuss this ahead of time with the Trustee. Your lawyer SHOULD have made you aware of this possibility. If you have no lawyer, you will still be held responsible for following BK law/procedures. So now it is up to the Trustee, either he will overlook this if you make higher payments (to make up for the tax refund money the Trustee did not receive) or he can ask the court to dismiss you BK (the court doesnt automatically dismiss a case, a party has to file a motion with the court). If your BK is dismissed, you will NOT be given a refund/credit for any plan payments made.
Do I take the alimony payments to the courts? Or to somewhere else?
The report will be removed 7 years after the date of the last on time payment to the original creditor.
You cannot skip a year even if you made double payments for the first year, the bank considers those payments extra and hopefully you made sure the payments went to the principle, not the interest.
Not unless you signed up for scheduled automatic payments.
to avoid duplicate payments
Made at the end of a certain type of hire purchase agreement.