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What happens if you win the lottery while in Chapter 13 in the state of NC?
Wiki User
∙ 11y ago
If you win $2, nothing much. If you win a substantial amount, and it is within 6 months, it has to be reported and given to the trustee.
Wiki User
∙ 16y ago
Wiki User
∙ 11y agoYou must report the winnigs (if substantial, not if you only win $5) to the Trustee.
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Can you move to another state while in Chapter 13?
Debtors under Chapter 13 Bankruptcy can move to another state. However, they must be available for court proceedings and other legal meetings.
If you filed a chapter 13 in Texas and now live in Mississippi can you file a chapter 7?
Bankruptcy is Federal, not state. While your state of residence changes which federal district you are in, it does not change your eligibility to file.
Can you move to another state while filing chapter 7?
You need to appear 1x to finalize. After that, ok.
What happens to a temperature of a substance while a changing of state occurs?
As a substance changes state, the temperature remains constant.
Can you finance a car during filing of chapter 7 new york state?
Bankruptcy is a federal action in a federal court, whether in New York State or elsewhere. You cannot get a loan while in a Chapter 7. No creditor will lend to you until you have received your discharge.
What happens if car is totaled in chapter 13 but no claim was filed for the car?
A car is not totaled in a chapter 13. A car may be totaled while the owner is in a chapter 13. If the car was fully exempted, nothing happens. If you need to buy a new car, you will have to get permission from the bankruptcy court after you file a specific purchase agreement (car loan) which should not seriously affect your plan payments. Why are you not asking your lawyer?
What happens in chapter 8 which rarely happens in Alabama to kill a mockingbird?
In Chapter 8 of "To Kill a Mockingbird," it snows in Alabama, which is a rare occurrence. The snow is significant as it creates a sense of magic and wonder for the children, Jem and Scout, while also symbolizing purity and innocence in the midst of the racial injustice and prejudice present in the town.
What happens to the temperature of substance while it is changing state?
It can lose or gain energy or it forms the attractions between particles.
What happens to temperature of a substance while it is changing state?
It can lose or gain energy or it forms the attractions between particles.
What does the Bankruptcy Chapter 11 state?
Chapter 11 bankruptcy is for corporation entities or partnerships, including home businesses and small business owners. Chapter 11 allows one to make a debt re-organization plan designed to keep a business operational while debts are being repaid.
What chapter was it when Katniss and gale meet in The hunger Games book?
Katniss and Gale have known each other for a long while. It does not state in the book when or how they first met.
where do i cash a scrach off more then 800 dollors?
By winning a lottery Related 6 Tips to Save Using the Most Popular Food Delivery Apps Learn More → Congratulations! You took a chance and bought a winning lottery ticket. Now, you need to cash it. Winning lottery tickets may only be redeemed in the state where the ticket was purchased. Prizes up to a certain amount may be redeemed at any store or location that sells lottery tickets. However, prizes over a certain amount must be redeemed with the state lottery office. Winnings More Than $600 If your prize is over $600, the prize amount is reported to the IRS and you will have to pay taxes on the amount. As of 2020, the federal tax withheld on lottery winnings is 24%, and state taxes vary across different states, ranging from zero to 13%. The state lottery commission also sends a 1099 to you at the end of the year listing your prize over $600. Prizes that are less than $600 are not reported to the IRS, but this does not mean that they are not taxable. If you've won an enormous prize, such as the Powerball jackpot, you'll also want to decide whether you want to receive your money as an immediate, reduced lump sum or as an annuity spread out over three decades. You may not want to dawdle on that decision, because while some states give you 180 days after winning to claim your prize, others may give only 60 days if you want your payout as a lump sum. Read More: When Are Lottery Winnings Taxable? Tips If you've won a large amount of money, you may want to assemble a trustworthy team of attorneys and financial experts – at the least, a certified public accountant (CPA) to help you claim and control your winnings. Winnings Less Than $600 When you win less than $600, you can take your winning ticket to an authorized lottery retailer. It doesn't have to be redeemed at the same place you purchased the ticket, however, it does have to be redeemed in the same state. You can redeem a winning ticket from any type of lottery game to an authorized retailer when your prize is less than $600. Authorized retailers include stores and other establishments that sell lottery tickets in your state such as, convenience or grocery stores. Contact the State Lottery Office You can also take your lottery ticket to a state lottery office to redeem it. Although the lottery office cashes out winning tickets for any prize amount, many players take tickets showing a prize of over $600 to the lottery office as some authorized lottery retailers may not have enough cash on hand to pay out large winnings. To redeem with the office, visit the website for the winning ticket’s state lottery to find claim office locations. Don't forget, you must sign the back of your ticket in order to make sure you're the only one who can claim it. Mail in a Claim Form If you do not wish to visit the lottery office in person, you may mail your winning ticket, along with a claim form, to the lottery office for the state where the ticket was purchased. If you live in a state other than the state you purchased the winning ticket, you may also use the mail-in method to redeem your prize easily. Locate claim forms on the state lottery website for the state where the winning ticket was purchased for further guidance.
