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What else can I help you with?
Can you receieved a large settlement payment after you are discharged from a chapter 13 bankruptcy?
You can, but you may have to turn it over to the trustee if you did not list the claim in your list of assets and your Statement of Financial Affairs. If the trustee abandoned the claim, the settlement is yours. If you failed to list it, not only can you lose the settlement, you may be subject to federal criminal charges for lying on your bankruptcy forms, which you signed under oath.
Is a workmen's compensation settlement exempt in Chapter 7 bankruptcy in the state of PA?
How much, if any, needs to be claimed in the State of PA when filing for Chapter 7 if you have a pending WC claim in another state.
Is the bankruptcy claim subject to offset?
In general, a bankruptcy claim can be subject to offset if the creditor has a right to set off their claim against a debt owed by the debtor. However, the specifics can vary based on the type of bankruptcy (Chapter 7, Chapter 11, etc.) and the jurisdiction's laws. It's essential to evaluate the nature of the claims and debts involved, as well as any applicable bankruptcy court rulings, to determine if offset is permissible. Consulting with a bankruptcy attorney is advisable for tailored legal advice.
If you are not listed as creditor on chapter 11 bankruptcy?
File a proof of claim
Do creditors get money from settlement if no claim was filed during bankruptcy?
They would legitimately be entitled to be a party to the settlement but would need to apply to the bankruptcy administrator for consideration in this instance.
In a chapter 13 bankruptcy what if the trustee calls for an order expunging claim?
A judge or court may sometimes expunge a claim in bankruptcy court. This means that the claim is erased, as if it never happened.
How many times can you file Chapter 7 bankruptcy and can you claim taxes?
No limit
Can i sue someone if i am in the prossess of a chapter 7 bankruptcy?
Not as a rule. If the claim was something that arose after the filing, it will depend on the nature of the claim. If the claim arose prior to filing, you must have disclosed the claim in the bankruptcy documents and the trustee may take over the claim. Consult a lawyer knowledgeable in bankruptcy.
How hard is it to claim student loans on a chapter 7 bankruptcy?
I have been through Chapter 7 twice and both times was unable to claim my Student Loan.
How can you claim bankruptcy to avoid paying bills?
In order to claim bankruptcy a court has to issue a bankruptcy order against you. The best place to find information about bankruptcy and the whole process of declaring bankruptcy is the official government website.
What happens if you have a workmens comp claim and the company files Chapter 7 bankruptcy?
Your claim is most likely covered by a WC insurance, either a prvate policy the employer had or one with the State. As such, your claim should be unaffected by the Bankruptcy.
Can you claim a chapter 13 bankruptcy if you have any equity in your house?
Yes. That is probably one of the times this would be the correct Chapter to use.
