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What if you can't afford to pay via a chapter 13 and have already filed a chapter 7 in 2001?
Wiki User
∙ 18y ago
There isn't much of a choice to make, if the "13" is dismissed the debtor's creditors can proceed with whatever collection action is allowed according to state laws. This generally means the repossession of secured property, foreclosure and perhaps lawsuit(s). The most the debtor can hope for is to make affordable agreements with individual creditor(s) for debt repayment. That not being possible, the debtor should become informed of their legal rights if sued, and the process needed to protect their personal and real property as established by the laws of the state of residency.
Wiki User
∙ 18y ago
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How can you get your pension from Insilco Corporation?
Insilco Corporation filed bankrupty in 2001. I recently retired and wondered if i can get my pension? Insilco Corporation was located at 425 Metro Place, Dublin, Oh 43017.
What year did twa go out of business?
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In 2001, Vlasic filed for Chapter 11 bankruptcy protection
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If you filed Chapter 13 in 2001 and still have two more years of repayment is there any realistic way to purchase a home right now?
Yes... but you have to prove you can afford it. You have to find someone willing to give you a loan, which will be difficult since you have not been granted a discharge, and you have to get the Judge and Trustee to agree to allow you to assume additional debt.
Can you convert your Chapter 13 bankruptcy to Chapter 7 if you had a previous Chapter 7 that was discharged 8 years ago?
No. A Chapter 13 that is converted to Chapter 7 must have been ORIGINALLY filed at least 8 years from the prior Chapter 7. So, if you filed Chapter 7 in 2001, then filed Chapter 13 in 2005, you can't wait until 2009 and then convert the 13 to 7 since it was filed within 4 years of the prior 7. In this case, you would have to wait until 2009 and then DISMISS the Chapter 13 and re-file a new Chapter 7 after the 8 years from the prior 7 expired. Please note that nothing in this posting or in any other posting constitutes legal advice; this is simply my understanding of the facts and law, which I do not warrant, and I am not suggesting any course of action or inaction to any person. Speak to a lawyer for specific advice. If you have any questions, please refer to a lawyer in your jurisdiction. Thanks!
Can you file chapter 7 again if you filed bankruptcy in 2001?
Yes, but new bankruptcy reform will become effective on Oct 17, 2005. Some previous filings may or may not be deemed retroactive as to when they can be filed, as the new law will change the time frame to eight years. It will also become very difficult to file a Chapter 7 bankruptcy if the debtor has any disposable income. IRS guidelines will be used to determine the type of bankruptcy that will be allowed.
When did trading stop?
Enron was filed for bankruptcy on December 2nd 2001
My wife filed chapter 7 in 1989 before we were married We had to file chapter 7 in 2001 is there a law in Washington state stating that she can't file again?
No. The Federal restrictions sill apply. She can file again after a certain period. Bankruptcy is not part of financial planning. Under the bankruptcy laws effective on October 17, 2005, Chapter 7 cannot be filed unless the debtor was discharged from the previous Chapter 7 or bankruptcy more than eight years ago. The debtor cannot file a Chapter 13 unless: (1) the debtor received a discharge under Chapter 7, 11 or 12 more than four years ago; or (2) the debtor received a discharge under Chapter 13 more than two years ago.
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Enron was filed for bankruptcy on December 2nd 2001
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Chapter One... A Decade was created on 2001-10-02.
How do you get the house out of your name after you filed Chapter 7 Bankruptcy If the bank forgives the loan?
i had file chapter 7 2001,the city i live keep sending notice to clean up perperty u ,it been over 11 years since the property i close up moved out ,i get fines ,pull my licence,driver licince how do i get the property out of my name , the bank will not take it what should i do?
What are the release dates for Wu-Tang Clan Wu-Chronicles Chapter 2 - 2001 VG?
Wu-Tang Clan Wu-Chronicles Chapter 2 - 2001 VG was released on: USA: 4 July 2001 (internet)
When was Masters of Chant Chapter II created?
Masters of Chant Chapter II was created on 2001-10-15.
