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When filing bankruptcy chapter 7 will they come after your 401k?
Wiki User
∙ 14y ago
No. Never. It is exempt and protected.
Wiki User
∙ 14y ago
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What can you do about your medical bills you cant pay them and you filed for bankruptcy in 2008 your husband is file on them now but they will still come after you?
Assuming these are medical bills incurred after your Chapter 7 filing and you received a discharge, and they are for medical services for you, not your husband, they will come after you. You should consider filing a chapter 13 to pay them off in whole or in part, depending on your income and expenses. If your husband has a bankruptcy lawyer, he should ask the lawyer. You may consult your own lawyer.
Can you just declare bankruptcy on your home?
No. You do not "declare bankruptcy" ON anything. You declare bankruptcy when you cannot pay your bills as they come due. You must list all your assets and all your debts. What happens after that depends on which title you are filing under, chapter 7, 11, 12 or 13.
Do student loans automatically come with filing bankruptcy?
Federal Student loans cannot be discharged in bankruptcy. You must repay them.
When will a bankruptcy come off your credit report if the discharge date for your Chapter 7 was September 1996?
The statute of limitations for reporting information about a bankruptcy is ten years from the date it was filed. You did not mention the filing date, so the very late date your bankruptcy should show on your credit report would be September of 2006.
Can you make your 401k contribution and Life ins premiums during Bankruptcy Chapter 13?
401k probably not...that basically just personal savings...which would reasonably come with funds after you pay others you owe. Life insurance, may be a needed life expense, depending on your situation and could be a basic living cost to be made.
Do you include your mobile home when filing for bankruptcy?
You haven't said where this is. -That would very likely come under the bankruptcy laws of your province or state.
How can I stop foreclosure proceedings on my home?
There are two ways to stop foreclosure proceedings. Come to an agreement with the bank and make a substantial payment. For many this is not an option, so the only other resort is filing Chapter 11 bankruptcy.
Can you declare bankruptcy you get 579 a month disability plus 62 food stamps you have 4000 credit card debt Cant pay the billss?
You could file bankruptcy, but do you have any assets that a creditor could come after? Your disability payments are exempt from garnishment. The filing fee for a chapter 7 bankruptcy is $209 and the attorney's fees will be $500 at a bare minimum. Bankruptcy is very difficult to do all by yourself.
Can tax liens be dismissed under Chapter 7 or Chapter 13?
Even if you discharge a tax debt in a bankruptcy (which can be done in limited circumstances), the lien associated with that debt is not released by bankruptcy proceedings. The result is that you may come out of bankruptcy with no tax liability, but there may still be a lien on your property. That lien attaches to any equity in your assets that existed prior to the bankruptcy and was exempted in the bankruptcy. For example, if you owned your house and filed bankruptcy with $20,000 of equity in your home, you may have been able to exempt that equity in the bankruptcy through a homestead exemption (so that you could keep your home). If that happened, after your bankruptcy was discharged the IRS would still have a lien against you that attaches to that $20,000 of equity (but not to any equity that accrues after the bankruptcy filing).
When filing chapter 7 do they come to your home to check for personal belongings?
No. Such would be very unusual.
How can you get a judgment off your credit report after filing bankruptcy?
If the debt that you were sued over, or the judgment itself was included in your bankruptcy, you only need send a copy of your bankruptcy papers to the credit reporting agencies. The judgment will not "come off", but it should get marked "included in bankruptcy" or "discharged through bankruptcy".
Does Chapter 13 come off your records from the date that you filed or the date the bankruptcy was completed?
Usually within thirty to ninety days when the BK 13 is completed. I disagree with the above response. It is my understanding that a Chapter 13 bankruptcy comes off your credit report seven years after the Order for Relief, and the Order for Relief is issued immediately upon the filing of the petition. So, the Chapter 13 should come off of your credit report seven years after the filing date. Please note that nothing in this posting or in any other posting constitutes legal advice; this is simply my understanding of the facts, which I do not warrant, and I am not suggesting any course of action or inaction to any person.
