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What can you do if you are overwhelmed with debt but had a chapter 7 bankruptcy discharged five years ago?
Wiki User
∙ 18y ago
There are some options available under such circumstances, it is possible to file a Chapter 13, but most consumer's find it very difficult to manage under the very stringent repayment schedule. Some consumer's opt for debt consolidation, however the consumer should be very cautious and do extensive research before entering into an agreement with such businessess. There are many reputable agencies and also those that are just plain dishonest. Be advised many companies offering "financial fixes" are actually predatory lenders and should be avoided at all costs.
Wiki User
∙ 18y ago
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How long does the bankruptcy process take?
Chapter 7: about six months from filing to closing. The first meeting of creditors ("341 meeting") is about a month after filing, then 45 days to take the financial management class and file the certificate. Discharge shortly after. Chapter 13: anywhere from a month to five years (60 months). Both timelines assume no problems that extend the time needed to complete.
Why was life difficult for farm laborers during the depression?
Because the Great Depression happened to coincide with the "Dust Bowl" and drought which lasted for several years causing consecutive year crop failures and bankruptcy for many farmers.
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The Storming of the Bastille was the incident that marked the start of the French Revolution when Parisian peasants, after years of abuse by the monarchy, overwhelmed soldiers guarding the arsenal on July 14, 1789.
How old is Jio Freed from the manga 666 Satan?
By chapter 76 (Dec. 2007) he was 23 years old. He is 12 at the start, and 16 after the "Rock Bird timeskip".
What awards did the roman army get when they left the army?
The Marian reform of 107 BC created a standing professional army was created. The career in the legions lasted at first 16 years. It was then increased to 20 years. Soldiers could also be recalled to serve 5 years as reservists. Many soldiers served for 30 to 40 years. On discharge soldiers were given a honesta missio. This was a document which legally sanctioned the end of military service and certified that the service had been carried out honourably. They also could choose between a plot of land to farm (agraria missio) or a sizable lump sum (nummaria missio),which was 3,000 denarii under Augustus and Caracalla increased to 5,000 denarii. Soldiers who were discharged prematurely because of illness or wound also received these benefits (causaria missio) and so did soldiers who were discharged by their commanders (gratiosa missio). Soldiers who were discharged dishonourably (ignominiosa missio) did not receive anything. The career of auxiliaries (non-Roman allied soldiers who served in auxiliary troops which supported the Roman legions) lasted 25 years. On discharge received Roman citizenship and the right to marry a Roman woman (Ius connubii) in addition to the hosesta mission, agraria missio or the numnaria missio.
How should an obligation that is discharged in a Chapter 7 Bankruptcy be reflected in a subsequent credit report?
The debt should be identified as being in bankruptcy or discharged in bankruptcy. It will remain on the list for 7 years. The bankruptcy will remain on the report for 10 years.
How long will a dismissed bankruptcy stay on your credit?
:A bankruptcy under chapter 7 or 11, or a non-discharged or dismissed chapter 13 bankruptcy generally remains on your credit file for 10 years from the date filed. A discharged chapter 13 bankruptcy generally remains on your credit file for 7 years from the date filed.
When can you file a chapter 7 bankruptcy if you had a chapter 7 discharged in December 2001?
The bankruptcy petitioner can file another chapter 7 8 years after the date of filing of a previous chapter 7.
How long does it take after a bankruptcy is discharged to show on your credit report?
The amount of time a bankruptcy stays on your credit report after discharge differs between Chapter 7 and Chapter 13 Bankruptcy. With Chapter 7 bankruptcy, the Chapter 7 stays on your credit report for 10 years. Chapter 13 bankruptcy, after discharge, it shows for 7 years on your credit report.
If a chapter 7 bankruptcy was voluntarily dismissed not discharged can it be removed from your credit file?
No, it will remain for seven years.
How do you know if your bankruptcy is discharged on your credit report?
Bankruptcy does not get discharged. Debts are discharged. The bankruptcy will remain on your credit report for 10 years from the date of filing. The debts that were discharged can remain for 7 years from the date of discharge, showing a zero balance and that they were discharged in bankruptcy.
Can you declare bankruptcy now that your first bankruptcy is discharged?
It depends on the chapter you filed under. If you filed under Chapter 7, you have to wait 8 years before filing again. If you filed under Chapter 13, you only have to wait four years.
If you had bankruptcy in 2004 can you file for bankruptcy again?
Some strict limitations have been set by the new bankruptcy law. Debtors will not be able to file Chapter 7 bankruptcy if they've been through a Chapter 7 within eight years of the new filing. If they want to file for Chapter 13, they will not receive a discharge within two years of a previous Chapter 13 discharge and within four years if they were discharged from a Chapter 7, 11 or 12 bankruptcy.
If debts are paid after bankruptcy with a post bankruptcy inheritance does the bankruptcy go away?
No once filed on file. * A dismissed or discharged chapter 7 will remain on a credit report for ten years. A dismissed or completed chapter 13 will remain on a credit report for 7 years.
How long after a chapter 13 has been discharged can you apply for credit?
Between five (5) and six (6) years, depending on how long it took to discharge the chapter 13 bankruptcy. Generally a total of ten (10) years after the bankruptcy appears on your credit report is required before applying for prime credit. The average chapter 13 takes 4-5 years to be discharged, leaving about 5 years of having the bankruptcy still on your credit report.
How long does a discharged bankruptcy remain on a credit report?
Accounts stay on your credit history for seven years. Bankruptcies stay on for ten. * New bankruptcy reform laws have no bearing on credit reportage. A discharged chapter 7 or 13 remain on the report for 10 years from discharge date. A dismissed chapter 7 remains for 10 years and a dismissed chapter 13 remains for 7 years.
What year did the law change for bankruptcy on your credit report for 10 years?
The time limit for a discharged chapter 7 or 13 bankruptcy to remain on a credit report has always been 10 years. A dismissed chapter 7 wil remain 10 years, a dismissed chapter 13 will remain 7 years.
