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Answered 2009-06-02 02:28:13

You give your car back to the bank after filing bankruptcy, the bank will ask your attorney for the vehicle back and give you a certain amount of time and the location to return it to. Definitely do not give it back before you file you will need to have it discharged legally from your debts.

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Should a Christian file bankruptcy?

Filing bankruptcy has no affiliation with religion. If filing bankruptcy is he best financial options available, then you should do it.



What bankruptcy information should you know before you consider filing for bankruptcy?

Bankruptcy is the filing of a petition that claims your assets, and your inability to pay for them. Bankruptcy severely effects your credit, and is present on your credit for 7 years. During this time getting credit cards or loans can be very difficult.


How do you liquidate a company before filing bankruptcy?

You should liquidate the company after filing bankruptcy. If you do it prior to filing, it might be seen as an attempt to commit fraud and not pay off debtors. You would be safer to file and then follow the directions necessary. Consult an attorney in your area before making any big moves!


Can you hold your passport after you get declared bankruptcy?

A bankruptcy filing or discharge in bankruptcy should not have any effect on your US passport.


How much debt should one have before filing for bankruptcy?

It would depend on the person as to how much debt one would have to have before filing for bankruptcy. Some people can have more debt than others and be ok with it, while others would feel the need to file.


What should you do before filing bankruptcy?

Before filing Bankruptcy, one must consider all the other ways to repay their debts. Bankruptcy filing is not an easy task, as it involves a series of legal procedures. If a person is about to file for chapter 7 bankruptcy, then they must be prepared to liquidate their non-exempt properties. The bankrupt persons must analyze their financial position and make a list of all available assets and properties in order to find and dissolve the non-exempted assets. Nowadays filing bankruptcy has become easier by hiring a bankruptcy lawyer, one can find the available lawyers through some websites like bankruptcy.expert, nolo.com


What will happen to my 401k when filing bankruptcy?

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Can I file for Bankruptcy after a short sale of your home?

What does selling my home have to do with your filing bankruptcy? If it was your home you sold short, assuming an arm's-length sale to a 3d party with no fraud or deception, you should not have a problem with filing bankruptcy.


What is necessary to file for bankruptcy?

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What are the rules for refinancing after bankruptcy?

The rule for refinancing after bankruptcy is that you should wait 10 years after filing bankruptcy even chapter 13 so that the bankruptcy is off of your credit and you can get a better chance of getting the refinance. You could try before it's removed but you will have difficulties.


Is financial debt solutions a better solution fo filing bankruptcy?

Debt solutions or consolidation is something you should look into before filing bankruptcy. Consolidationg your debt allows you to make smaller payments over a set amount of time and can positively effect your credit.


Can you file for divorce after filing bankruptcy?

of course you can. One does not inhibit the other. If you filed for bankruptcy as a couple, then the bankruptcy will proceed during the divorce, it just may complicate things. If you filed for bankruptcy as an individual then there should not be too much of an issue because you were only filing for bankruptcy as to your individual debt.


When filing chapter 13 should all debt be included?

when filing any bankruptcy you must disclose ALL debts.


Should I file for a divorce before filing chapter 7?

Every case is different, but if the two of you file a joint petition for bankruptcy before the divorce, you will both avoid problems. Consult a lawyer who knows both divorce and bankruptcy law.


How does one know if they should file for bankruptcy?

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Can you claim bankruptcy on IRS debt?

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Should you continue to pay credit cards when deciding bankruptcy?

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Should you spend your tax refund before you file for chapter 7 bankruptcy?

If received for last year yes. the one for next year, received after filing, no.


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Yes. That issue should be discussed with an attorney before filing a bankruptcy.


What happens when a judgment is against us while in the process of claiming bankruptcy?

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Can you sell personal property when filing bankruptcy?

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How would one file for bankruptcy?

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