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If you owe money to a casino credit line can it be included in your bankruptcy?
Mscora
It must be.
EVERYTHING you owe and EVERYTHING you own is included in the BK. They are given different priorities by the Court (some of either may be exempt)....but you do not pick and chose what you include. Basically all of your assets are used to pay your debts.
Wiki User
∙ 15y ago
Wiki User
∙ 15y agoTypically, that line of credit, which was most likely based on your assets and equity, disappears.
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If one files bankruptcy and has a co-signer will if affect their credit rating?
If the account the cosigner is on is included in the bankruptcy it will appear on their credit report. In most cases the cosigner will not be relieved of the debt when the primary holder files for bankruptcy. The creditor(s) can then pursue the cosigner for the collection of money owed.
Should the balance of a creditor you filed chapter 7 on show zero on your credit report after it has been discharged?
No. Bankruptcy discharge does not mean the money isn't owed. It means that creditors cannot attempt to collect it. The money will always be owed. Accounts included in bankruptcy will stay on the cr marked included in bankruptcy, for the full seven years.
What is the best way to get a credit card after bankruptcy?
The best way to get a credit card after bankruptcy is to show a sense of money management to the prospective bank, make money elsewhere and be sure to keep your credit scores going upwards.
How much does a bankruptcy negatively affect your credit score?
A bankruptcy stays on your credit report for 10 years and you may have to answer about it for the rest of your life. Who knows what effect it has on your credit score? Companies that lend money. Only when you apply for credit after bankruptcy will you know the full detrimental effect.
How would someone establish house credit at a casino?
Applications for house credit should be available through the casino's credit office. Processing the application can take several days. Once at the casino, chips can be obtained from the pit boss. Remember that house credit is simply a loan; it is equivalent to withdrawing money from an account and exchanging it for chips at the casino.
Can an old creditor ask for money if you did not include them in a Bankruptcy?
Yes. If they were not included then the bankruptcy doesn't apply to any debt owed to them.
If you are not married but live with someone are they counted in the means test for bankruptcy?
When you are living with someone they are not included in your bankruptcy. If you are paying them rent, then the money you pay is an expense and will be considered for bankruptcy.
How does bankruptcy afact your credit?
you will pay high interest rates when you borrow money
If you file for bankruptcy then shortly after you come into a decent sum of money can creditors go after that money?
The money might be included in the bankruptcy even is a discharged has occurred. The time between the discharge and the receiving of the money would be the deciding factor. If the bankruptcy has not yet been discharged the money might be included in the procedure as assets, unless it held exemption status.
Are casino chip purchases considered a cash advance or a purchase on credit cards?
You cannot purchase chips at a casino with a credit or debit card. You have to use an ATM to get the money and then purchase the chips.
How do Percy Annabeth and Grover plan to get money for their journey?
They. Used the credit card that they got at he casino
Where can one learn more about bankruptcy credit repair?
An accountant or bank will be able to explain about bankruptcy credit repair. There are also now a lot of government funding companies to help people understand about credit ratings and how to help themselves out of poor fiscal situations.
