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Student loans are exempt from bankruptcy as are IRS debts

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Q: If you file chapter 7 bankruptcy does that eliminate paying back the parent plus college loan?
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Can you change a joint bank account with a parent before chapter 7 bankruptcy in ny state?

Yes you can change a joint bank account before a Chapter 7 bankruptcy. You should have your finances in order before you file a bankruptcy.


Has Krispy Kreme filed for bankruptcy?

Not the parent company, that I can find. Historically, some Krispy Kreme franchisees (including in Illinois and California) filed for Chapter 11 bankruptcy in 2007. In 2016, Krispy Creme approved a takeover by JAB Holding Company, a German conglomerate.


If you are an additional card holder on a parent's credit card account and you file bankruptcy will the bankruptcy appear on their credit?

The bankruptcy will appear on their credit if you include this card in your bankruptcy. If you leave the card off the bankruptcy, it will not effect their credit.


Is quaker steak and lube going bankrupt?

No, a store owned by a franchisee in State College Pennsylvania has closed after the franchisee declared bankruptcy, but the Quaker Steak and Lube business and parent company are not going bankrupt.


Can a parent get a student loan for a child if the parent files bankruptcy?

Probably not. What the loan is for isn't the issue. His record of repaying loans is.


What options are available for a single parent in college?

There are many options for a single parent in college. A great benefit is being able to receive financial aid for being both in college, and a single parent.


Is Gamecrazy open on sunday's?

They are not open at all. All of GameCrazy's locations have closed after parent company Movie Gallery's bankruptcy and liquidation.


What will happen to a parent bank account if child files for bankruptcy?

The subsidiary can enter into CH11 bankruptcy protection while the parent can remain outside bankruptcy and continue as a going concern. It depends on distribution of the assets and debt tied to both the parent and the subsidiary that can allow the subsidiary to enter into CH11 protection (insolvency where L > A) and be protected by the automatic stay priveleges the federal courts afford, while the parent will continue under its normal course of business and have to make its lenders and creditors whole.


Is there a better chance of your child graduating college if a parent has?

It is easier to get into college if your parent's have gone to that specific college because you would be a legacy there. Other than that, it does not really make a difference whether or not your parent's went to college. Getting accepted to, and graduating from, college has to do with your brains, not the brains of your parents.


Is hostess brands going out of business in the future?

The parent company is in bankruptcy and it is possible that they will go out of business.


When does gamecrazy open?

All of GameCrazy's locations have closed after parent company Movie Gallery's bankruptcy and liquidation


Is there a gamecrazy in Singapore?

No All of GameCrazy's locations have closed after parent company Movie Gallery's bankruptcy and liquidation