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What else can I help you with?
Who makes the law concerning bankruptcy?
They are Federal Laws, all of which are made by Congress and passed by vote of your elected officials.
Is life Insurance policy exempt from bankruptcy?
This depends on your state's laws. If it is not exempt, you can make a good argument to only include your "surrender value" not "cash value". == ans= Yes. absolutely. Bankruptcy is a Federal Law process handled in a FEDERAL court, under FEDERAL laws. (Yes the federal distict your in may try ot handle things to facilitate local custom), but the State makes no difference really.
How long after you sell property in the state of Alabama should you wait to file bankruptcy chapter 7 in order to keep the equity and not have to include it in your bankruptcy?
Bankruptcy is a Federal law and a Federal court. State really makes little difference. Any transaction made to avoid paying creditors is able to to challenged. The look back with close scruitiny period is normally 2 years. You understand, if you have the money someplace, it will be subject to the bankruptcy and is probably better protected in the residence anyway.
Can attorneys accept investment deposits?
No they cannot. Only Banks and approved financial institutions can accept investment deposits. This is because, attorneys are not authorized to handle customer cash or investments. If the attorney to whom you give your cash, makes losses or declares bankruptcy, all your money is gone and nobody will be able to help you.
What is customer deposits?
Deposits that the customer makes, money that the customer puts into the account.
Can a judgment be dismissed if you file for bankruptcy?
To get technical, a bankruptcy does not "dismiss" a judgment. However, the end result is the same- a bankruptcy will "discharge" the debtors responsibility to pay the judgment which makes unenforceable - uncollectible. It is against Federal law to try and collect funds that have been discharged in bankruptcy. Prior to the discharge in a bankruptcy, and IMMEDIATELY after the filing of your bankruptcy petition, an "automatic stay" by the court is put in place to freeze all collections actions against you. There are several exceptions which include certain taxes, student loans and fraud.
When a firm makes annual deposits to repay bondholders at maturity it is using a?
When a firm makes annual deposits to repay bondholders at maturity, it is using a
What makes up the federal reserve?
The Federal Reserve is a central banking system in the United States made up of 12 regional banks. The Federal Reserve System is tasked with setting the U.S.'s monetary policy, insuring bank deposits, and helping insure the stability of the U.S. economy.
Who makes appointments for the federal courts?
The president makes the appointment for the federal courts
A person has a judgment but files for bankruptcy can bankruptcy void the judgment of an earlier date in WA state?
Bankruptcy does not void the judgment. It simply makes it noncollectable because it was discharged in the bankruptcy like any other debt.
Can you file bankruptcy twice in Michigan?
Bankruptcy is a Federal court and legal action. Your State makes little difference (albeit some federal district courts use the laws common to the States in their jurisdiction for some things in their rulings). * Bankruptcy laws were reformed in 2005 making the time limit between chapter 7 filings 8 years from the time of discharge and the time for filing a chapter 13 after a chapter 7 discharge 4 years.
Can you lose your home in an Ohio chapter 7 bankruptcy?
Yes, you may. Bankruptcy is a FEDERAL law and pursued in a FEDERAL court...the State makes some, but minor differences. While BK may delay foreclosure for a short while, ANYPLACE, basically you pay for the house or lose it..the mortgage will NOT be forgiven, nor will you beable to keep a valuable piece of property (or equity in one) and not pay other debts you owe claiming you have no means to.
