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Generally it would not affect the terms of the "13" if it has been approved and is already in force. The safest option would be to contact the bankruptcy trustee for specific advice on the matter.

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Q: If you are currently in a Chapter 13 and received a year's severance from your company due to a downsize what happens to the money and the case?
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Can IRS hold funds for bankruptcy?

can the IRS take your check if you file bankruptcy , chapter 13 or will I have to submit the check to them once received.


Can a parent be approved for a federal parent plus loan in currently they are in a chapter 13?

Since PLUS loans are based on the parent's credit, most lenders will not pre-approve a parent that is in chapter 13. However, if the parents do apply and are denied a PLUS Loan, the student will then be eligible for additional unsubsidized Stafford Loan funds (currently as much as $4000.00 more per school year).


Can you receive a federal Stafford loan while in chapter 13 bankruptcy?

I'm currently in my third year of chapter 13 repayment, I was going to go back to schools full time night time program, looking for advsie on trying to pay for it, also I make over 60,000, but my chapter 13 repayment is based on this amount


I am in a chap 13 bky can you come out of the bankruptcy and then file again and if so how much time must pass before filing again?

Currently, once you pay off one chapter 13, in a year, you would be able to refile. But with the new bankruptcy law, in place 10-17-2005, you can only file once every two years. Under the bankruptcy laws effective on October 17, 2005, Chapter 7 cannot be filed unless the debtor was discharged from the previous Chapter 7 or bankruptcy more than eight years ago. The debtor cannot file a Chapter 13 unless: (1) the debtor received a discharge under Chapter 7, 11 or 12 more than four years ago; or (2) the debtor received a discharge under Chapter 13 more than two years ago. The bankruptcy will stay on your credit report for between 7-10 years..it never "clears", as in majically just disappears and never happened. like anything you do, it can always be a consideration to anyone extending credit....doing so being entirely their own decision.


If you are currently under Chapter 13 and have been for about 2 years how long does it take before you can try to sell your house and purchase another one?

That's a decision that is made by the BK trustee. The participants of a chapter 13 bankruptcy must get the permission of the trustee for all major financial transactions.

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