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Discharge
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∙ 12y ago
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What does apa stand for in bankruptcy?
APA stands for "Automatic Payment Avoidance." It is a term used in bankruptcy to describe the process where a debtor stops making automatic payments to a creditor after filing for bankruptcy.
The term bankruptcy means?
Bankruptcy refers to having exhausted ones resources and finances.
What is the legal term for going broke?
bankruptcy
Can I remove bankruptcies from my credit report?
Not really. Chapter 13 bankruptcy stays on the credit report for seven (7) years (can be ten, but usually seven) and Chapter 7 bankruptcy stays on the credit report for ten (10) years. Once the term is over, you may dispute the bankruptcy with the credit bureau, however, there are no ways to remove the bankruptcy until the term is complete.
How will a bankruptcy effect your credit score?
will bankruptcy increase you credit score over time
How do you finance out of Bankruptcy?
File for bankruptcy and then try and start over. Your credit will be messed up though.
Which of these is a description of a bankruptcy?
a federal law whereby a person's assets are turned over to a trustee and used to pay outstanding debts
Will you get your tax refund if you file for bankruptcy?
Whether you are entitled to your tax refund will depend on what type of Chapter of bankruptcy you are filing and whether the bankruptcy exemptions can be used to protect the tax refund. If you are filing for Chapter 7 bankruptcy then you can generally keep the refund if the available state bankruptcy exemptions provide protection for it. If you are in a Chapter 13 bankruptcy you are typically required to turn over the tax refunds during the life of the Chapter 13 case.
Can the company who filed bankruptcy stop your long term disability after twenty years paid into this plan when working?
the reason for cancellation is bankruptcy can they do that?
What is meant by the term closing of the bankruptcy?
It just basically means the case is over. There are no more pending proceedings. The discharge has been entered or the case is otherwise dismissed or complete.
What is the term for old expressions?
There are a number of them. Probably the most common term for an expression which is worn out and over-used is clich
Where can one file for bankruptcy or fraud?
In order to file for bankruptcy a person will need to hire an attorney or lawyer. Bankruptcy has long term financial consequences for the person so a competent attorney should be hired.
