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If your house is paid for will you lose it if you claim bankruptcy?
Wiki User
∙ 14y ago
yes
another answer: you can't lose your primary residence; also - homestead it.
Wiki User
∙ 14y ago
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Can I claim services not paid for by a company filing bankruptcy?
Yes
What percentage of unsecured debt is paid to the debtors involved in a chapter 13 bankruptcy?
The percentage paid to unsecured creditors in a Ch 13 is determined by your disposable income. Secured creditors get paid at 100%, house and car payments remain the same. What's left over gets paid out to those unsecured creditors who file proofs of claim. If a creditor does not file a claim, then that creditor does not get paid.
Necessary to file a claim in chapter 7 bankruptcy?
If you want to have any chance of being paid any portion of what your owed.
If your daughter lives in your house for two years rent free and you have paid the insurance and taxes does she have the right to claim the house?
If your name is on the deed, it is your house. A judge's decision should go in your favour if you have paid the insurance and taxes because she has no real claim to owning the property.
Can you reaffirm your first mortgage without reaffirming your second mortgage after filing bankruptcy?
You should file a 'proof of claim" with the bankruptcy court and take you place in line to be paid...whcih will likely be a few pennies on the dollar.
Can an LLC claim bankruptcy if it owes state taxes?
Any corporation can file for bankruptcy, whether or not it owes taxes. If the corporation is to be liquidated, any taxes it owes are the first priority to be paid, before the debts owed to others.
When Donald Trump filed bankruptcy protection in Las Vegas did any small businesses get paid or go out of business?
NO, this man is a lie, a loose and a cheap and many people are going to lose their job when he once again file bankruptcy.
Should you Buy GM stock now?
5/30/09 If you want to lose your money, you have a better chance in Vegas. After GM declare bankruptcy the stockholders are the last to be paid, which mostly likely be nothing. Wait until after the bankruptcy.
Can you claim bankruptcy on court fines in California?
You claim bankruptcy on everything...it involves all your assets and all your debts. All are given classes or priorities. Some assets and some debts may be classed as exempt. Generally, court fines and legal penalties and such are going to need to be paid in full and cannot be discharged in BK.
What will happen if you do not proceed with your application for bankruptcy but paid the bankruptcy fee?
Fees paid to the court cannot be refunded under federal law.
Can you lose your house for nonpayment on a credit card debit of if your house is paid off?
Not directly. They could sue for your assets, which would include your house though.
When in bankruptcy and bank wants to foreclose on your house what can you do?
If you're officially in bankruptcy, that puts a temporary hold on foreclosure proceedings. It doesn't matter what the bank wants, by law they have to wait with all your other creditors while the bankruptcy court sorts out who's going to get paid and how much.
