If the bankruptcy process has started and the bank repossesses the car do you still owe after the bankruptcy?
Patrick, the B/K proces hasn't started until you get the magic "case #". be sure to tell your B/K attorney about the car loan. S/he can give you more info on the process. Good Luck
If your landlord files Chapter 7 bankruptcy do you still pay rent during the months of the court process?
Yes you can. No matter what stage the lawsuit is in, the act of filing bankruptcy stops all proceedings against you to collect money. Even if you are currently being garnished you can stop it. Generally unless the deduction is for child support, almost everything being garnished from your check is stopped. Even garnishments for student loans and taxes. Will those be discharged? That's a whole other question.
Yes, as a general rule. Taxes of all kinds are not discharged by the bankruptcy process. That means, when it's all over with bankruptcy, you still owe taxes to the federal gorvernment, and any other government. In short, fiiling a petition in bankruptcy and a subsequent discharge will not get you out of paying taxes to the government. It's really easy to filing a petition in bankruptcy; it's very expensive not to do it right…
You can dismiss a bankruptcy. (Motion to dismiss) However, you will no longer be under the protection of the bankruptcy courts, will still owe everything, and will still have a bankruptcy on your credit report. You may also be prevented from filing again for quite some time. Talk to an attorney about your individual circumstances and how your local Bankruptcy court handles these situations.
If your bankruptcy has been discharged but your house is still in your name do you still have to pay back taxes?
If you are in the process of filing chapter 7 bankruptcy can you still use credit cards to make purchases?
If you filed chapter 13 and had it dismissed and paid of the debt is there any way to get it off of your credit report?
No. Filing a bankruptcy creates a public record that does not go away because you did not complete the bankruptcy. - once you file and get a case number you have filed for bankruptcy. if you didn't follow through and it got dismissed is regardless. you still filed for bankruptcy and it will still be on your credit report.
If your wife included a joint car loan in her bankruptcy but you did not file bankruptcy are you still liable for that loan?
Can a spouse be reimbursed for debts that were discharged in bankruptcy as part of the dissolution of marriage terms?
What are the laws pertaining to a credit reporting agency still reporting after a bankruptcy discharge?
If you make voluntary payments on a car loan that was discharged in a bankruptcy can they still report it as a repossession on your credit report even though the debt is not legally owed?
My guess is that they probably can still list a repo on your credit report. Normally you get a double-hit on your credit report when you surrender property in bankruptcy: you get hit with the bankruptcy (which knocks your credit score down by 75 to 150 points) and you get hit with a repo/foreclosure for the surrendered property. Just because a debt is discharged in bankruptcy doesn't mean that it won't be listed on your…
If you are filing for bankruptcy, and you try to cosign -- two things can happen. 1. the lender will turn you down. 2. If the court finds out you have applied for credit the bankruptcy can be stopped. If you mean that the car and loan will be for you during or after the bankruptcy, this still has to be disclosed and again the bankruptcy can be stopped.
The question is NOT whether taxes are dischargeable in a bankruptcy. The question that has been asked is whether the IRS can still pursue you for taxes that were discharged in a bankruptcy (which would obviously confirm that some taxes are dischargeable in specific circumstances). If your taxes were discharged in a bankruptcy, the IRS cannot come after you for those taxes after the bankruptcy has been discharged. If they are doing so, they probably…
He isn't. Even if a landlord file for bankruptcy, he is still entitled to collect the rent from tenants. If the property is in foreclosure, the landlord still have the right to collect rent from the tenant, until such control is passed on to the foreclosing entity. Conversely, if the tenant files for bankruptcy he is still obligated to pay the rent to landlord, although he may be no longer obligated to pay any back…