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What else can I help you with?
If a mortgage company goes bankrupt can the company that bought them out legally collect on your old debt?
Yes.
What does To be in Queer Street mean?
To be in debt or bankrupt
A person who is unable to pay his debt?
bankrupt
What state has the biggest debt?
Ca. We are almost bankrupt.
What does bankrupt mean in a sentence?
His business went to the dogs and he was declared bankrupt. He was unable to pay his debt and was declared bankrupt. His creditors got nothing as he was declared bankrupt.
You owe about 45k on credit card debt and the debt relief agency will not work with you because you have no income what do you do?
Go bankrupt.
Where can you get a copy of your bankruptcy?
www.OldBankruptcyPapers.com is an excellent place to get your bankruptcy records online. They are fast, and cheap! They also have some good free information about what to do when debt collectors try to go after your old bankrupt debt. Hope this helps, Raymond
Can a landlord sue you for past debt on a lease if he went bankrupt on the property?
Sure can.
Does a lien hold if the company goes bankrupt?
unless it is written off by the court, it does. I would assume that it would be listed as debt by the party going bankrupt.
If you have credit debt and that institution files bankruptcy do you still have to repay?
Yes. The bankrupt institution will pass your debt to its creditors that it owed money to.
What is the status of subordinated debt?
When a company goes bankrupt a debt can go into subordinated debt. This means the subordinated debt has a lower priority than other debts. Typically this has a lower rating of credit.
Can a bankrupt company demand payment of debt?
Only if they cannot provide services to you that were paid for.
