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Q: If a co-applicant goes bankruptcy will it affect the applicant?
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If Chrysler goes bankrupt how will this affect your lease from Chrysler Leasing?

It is now out of bankruptcy,


How soon can a car be repoed after filing chapter 7 bankruptcy?

Because of the "automatic stay", which goes into affect as soon as a Bankruptcy is filed, your car cannot be re-possessed while the Bankruptcy is in progress (unless the creditor files a motion with the court asking for relief from the automatic stay). However, as soon as the Bankruptcy is discharged or closed - which occurs approximately 6 months after it is filed - the car can be re-possessed.


Which of these about bankruptcy is false A amount of debt is less than the income earned B after bankruptcy you can't get credit for 10 years C everything you own goes into bankruptcy D All of these?

ALL of these are false: A amount of debt is less than the income earned B after bankruptcy you can't get credit for 10 years C everything you own goes into bankruptcy


If judgment goes to bankruptcy will it be removed?

If a judgment goes in the bankruptcy, it can be removed. The person who the judgment was for, has the right to request that it still be paid. In most Chapter 7 situations, the judge will decide in favor of the debtor.


Will bankruptcy stop a wage garnishment for credit card debt?

Yes. When the bankruptcy is filed an automatic stay goes into effect which halts all creditor action until the bankruptcy is completed and discharged. Creditors may request a lift of stay from the bankruptcy court, if it is granted the creditor may continue collection procedures including those such as a wage garnishment that is in affect. A lift of stay is rarely granted when the issue is unsecured debt.


What information goes in a resume header?

Applicant's personal contact information


What happens if your bank goes to bankruptcy and you owe money to them?

You still owe money.


What is the use of a corporate bankruptcy attorney?

The use of a corporate bankruptcy attorney is to assist in the legal proceeding of filing for bankruptcy for a corporation. An attorney is necessary to make sure the process goes smoothly and everything is taken care of.


Is it difficult to repair credit after a bankruptcy?

Yes, it is very very difficult to repair credit after a bankruptcy. Once an individual or a company goes to bankruptcy, then all of the belonging of them are taken by the bank & thus there is nothing left to repair with.


When a firm goes out of business it is called?

A firm may go out of business due to many reasons such as retiring, forced to sell by illness, or bankruptcy. But, usually when we hear that a "a firm goes out of business.." our thoughts would immediately think bankruptcy or failing.


How is the applicant's abbillitey to read and write measure-able?

One could measure this by asking an applicant, at interview, to read something and write something. However one usually goes on the basis of the applicant's academic qualifications as these could only be obtained if there was general proficient in the area of reading and writing.


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.