0
How long does approval by the trustee in charge of the bankruptcy process take?
Wiki User
∙ 9y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Can the bankruptcy petitioner personally request approval from the court to apply for a mortgage loan while in a chapter 13 to avoid attorney fees?
Yes. The petitioner can contact the bankruptcy trustee that is in charge of his or her BK for the procedure necessary. It is understandable that persons in legal situations would like to avoid attorney fees. It is usually not a good idea, as the end results are often more expensive than if one had obtained legal representation beforehand. (Not looking for business, just stating facts.)
Is it legal to get a credit card secured during chapter 13?
While involved in a Chapter 13 repaying of debts the debtor must receive permission from the bankruptcy trustee in charge ofthe casefor all major financial transactions.
If you file bankruptcy will that remove a charge off report from a credit card?
Filing bankruptcy does not remove a charge off report from a credit card on your credit report. It just adds bankruptcy to your credit report.
How can you lower your finance charge after a bankruptcy?
That is part of the problem of using the bankruptcy laws. Afterward, lenders consider you to be a high risk and as such charge you more for a loan.
Can you rid charge offs on your credit report if that creditor was included in your bankruptcy?
The charge offs will remain the required seven years and should be noted as included or discharged in bankruptcy.
How do you amend a bankruptcy filing?
Contact the trustee who is in charge of the BK.
Can a wife deed a half interest of her solely owned real property to her spouse without the approval of the chapter 13 bankruptcy trustee?
No. All transfers, sale, purchase of property or any major financial transaction must have the consent of the trustee in charge of the chapter 13 bankruptcy. The state of residency is not relevant, nor whether it is a federal or state bankruptcy.
How can you find out the status of a chapter 7 bankruptcy?
Contact the trustee who is in charge of the case.
How do you know if a bankruptcy has been dimissed?
The bankruptcy trustee in charge of the case will notify the filer that the BK has been dismissed and the reasons for it having been done.
How do you file a chapter 13 voluntary dismissal in Maryland?
There is paperwork to fill out and a judge has to approve the dismissal. You can submit it to the trustee or judge in charge of your bankruptcy. If you have an attorney, the attorney can do this for you.
Can the bankruptcy petitioner personally request approval from the court to apply for a mortgage loan while in a chapter 13 to avoid attorney fees?
Yes. The petitioner can contact the bankruptcy trustee that is in charge of his or her BK for the procedure necessary. It is understandable that persons in legal situations would like to avoid attorney fees. It is usually not a good idea, as the end results are often more expensive than if one had obtained legal representation beforehand. (Not looking for business, just stating facts.)
Is it legal to get a credit card secured during chapter 13?
While involved in a Chapter 13 repaying of debts the debtor must receive permission from the bankruptcy trustee in charge ofthe casefor all major financial transactions.
Do bankruptcy lawyers charge by the hour or by the case?
Most bankruptcy lawyers charge by the case. There are lots out there, you just need to call and get a quote from them.
Is there anyway to get a free bankruptcy?
Whilst an initial consultation with a bankruptcy lawyer is usually free of charge, there are always fees involved with this process. Even if one chooses not to use a lawyer, there are still fees which will need to be paid to the court.
If you file bankruptcy will that remove a charge off report from a credit card?
Filing bankruptcy does not remove a charge off report from a credit card on your credit report. It just adds bankruptcy to your credit report.
How can you lower your finance charge after a bankruptcy?
That is part of the problem of using the bankruptcy laws. Afterward, lenders consider you to be a high risk and as such charge you more for a loan.
Is an executor of a will the same as the trustee?
No, an executor and a trustee are not the same. An executor is responsible for managing the deceased's estate and ensuring the terms of the will are carried out, while a trustee manages assets in a trust for the benefit of the beneficiaries during the trust's duration.
