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If a car is repossessed what happens if you filed bankruptcy over 5 years ago?
Wiki User
∙ 19y ago
Let me get this straight. You filed B/K over 5 yrs. ago and the car was/is repoed recently? If this is correct, the car will be sold and the lender will want you to pay the balance still owed.
Wiki User
∙ 19y ago
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In Maryland how long does a bankruptcy stay on your credit report?
Chapter 7 will stay on your credit report for 10 years from the date bankruptcy was filed. Chapter 13 typically stays on your credit report for 7 years from the date the bankruptcy was filed, however, can remain on your credit report for 10 years.
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 you remove a bankruptcy dismissal from your credit?
No. Backruptcy will always appear on your credit. After 7-10 years your credit will be as good as someone who has not filed bankruptcy.
How can you find out the date a bankruptcy should be removed from your credit report?
Look at the date your bankruptcy was filed. 10 years from that date it should be off.
How long will a dismissed bankruptcy stay on your credit?
:A bankruptcy under chapter 7 or 11, or a non-discharged or dismissed chapter 13 bankruptcy generally remains on your credit file for 10 years from the date filed. A discharged chapter 13 bankruptcy generally remains on your credit file for 7 years from the date filed.
Can you file for bankruptcy after 3 years of car being repossessed?
Sure
Can you declare bankruptcy now that your first bankruptcy is discharged?
It depends on the chapter you filed under. If you filed under Chapter 7, you have to wait 8 years before filing again. If you filed under Chapter 13, you only have to wait four years.
Paula filed for Chapter 7 bankruptcy when she was 25 years old. How old will she be when the bankruptcy is removed from her credit report?
35 years old
Do you have to answer the question Have you filed or ever filed bankruptcy if it is discharged after 14 years?
IF the question is asked to you.. Have you EVER filed.. then yes, you do have to answer, if it only askes you if in the last 10 years have you ever filed you could say no.
In Maryland how long does a bankruptcy stay on your credit report?
Chapter 7 will stay on your credit report for 10 years from the date bankruptcy was filed. Chapter 13 typically stays on your credit report for 7 years from the date the bankruptcy was filed, however, can remain on your credit report for 10 years.
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.
If you filed bankruptcy July 2002 how long will it be on your credit report?
10 years
Which taxes are not eligible for bankruptcy?
Payroll taxes and penalties for fraud are not it is not eligible for bankruptcy. If the debtor filed a tax return for the relevant tax years at least two years before filing, then it is not eligible for bankruptcy. If the tax debt is from a tax return that was originally due at least three years before filing for bankruptcy then it is not eligible for bankruptcy. If the IRS assessed the tax debt at least 240 days before the debtor filed for bankruptcy, then it is not eligible for bankruptcy.
If one spouse filed chapter 7 bankruptcy 10 years ago and the other spouse filed five years ago can you file again jointly?
No.
Can the company who filed bankruptcy stop your long term disability after twenty years paid into this plan when working?
the reason for cancellation is bankruptcy can they do that?
If you filed for bankruptcy 9 years ago can your disability lump sum be garnished?
No, I believe Bankruptcy goes off your record in 7 years. Check the law in your state.
What do you do if you filed bankruptcy 2 years ago on a 1996 Ford pick up and the bank still hasn't repossessed the vehicle?
Ask your B/K attorney for state specific advice. I usually reccommend you call a local towing company to tow it away.
