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What is the top priority when distributing assets from someone declaring bankruptcy?
EncofBizandFinance
Secured creditors to the extent of their security on specific property (e.g., mortgage interest on real property)
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∙ 13y ago
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If someone filed bankruptcy back in 1999 and a creditor was not listed were they included in the bankruptcy?
No. And if you knew they were a creditor, you could be subject to fraud charges for having filed papers with the court swearing you were declaring your entire financial status and known creditors.
Will you get fired from your job if you file for bankruptcy?
No, you can't get fired for filing for bankruptcy because as what federal law prohibits an employer to discriminate against you for declaring personal bankruptcy. In fact, you will probably be happy and relieved to know that your constitutional rights protect you from being fired for filing bankruptcy. Yes, it is a violation of your rights, not to mention a crime to fire someone for filing bankruptcy. So, don't worry your job is safe.
What lien do I file on someone declaring chapter 11?
The type of lien you file, if any and how, is not effected/changed by someone "declaring" bankruptcy, as all creditors will have the opportunity to submit proofs of claim. If they have already declared, then you can't file a lien anyway as all collection actions are barred. Just your proof of claim. Normally, a "someone" doesn't file C-11....it is for Companies.
What must someone have to secure home loans after bankruptcy?
Generally, immediately after declaring bankruptcy, an individual will be unable to get any home loan of any kind. It usually takes at least two years of good behavior and debt eradication before one could be considered for a loan.
If you are not married but live with someone are they counted in the means test for bankruptcy?
When you are living with someone they are not included in your bankruptcy. If you are paying them rent, then the money you pay is an expense and will be considered for bankruptcy.
Can someone help me find bankruptcy lawyer in Chicago?
You can try www.chilawyers.com. They specialize in bankruptcy.
Can you report someone committing fraud in regards to bankruptcy?
No. This is clearly stated in the bankruptcy rules.
How do you know that someone does not love you back?
You are not a priority.
Where could someone hire a bankruptcy lawyer?
Bankruptcy lawyers can be found at the Bankruptcy Lawyer website. From there you can search by area or zip code or contact them directly for more help locating someone locally. Debt B Gone, Fresh Start Bankruptcy and Total Bankruptcy are sites that can help determine if bankruptcy is an option for individuals or businesses.
Does someone in bankruptcy have to answer a civil lawsuit?
Of course.
where do i find someone in bankruptcy law?
Too find someone in bankruptcy law I would look threw the yellow or white pages as there is always a ton of them there .
What company can someone contact when they need legal help from bankruptcy?
When someone needs legal help from bankruptcy they can contact their local legal aid office. They will assign you someone to speak to about your options.
