The chex system reportage is for five years. There are banks who will allow a person to open an account under specific guidelines, such as a minimum security deposit. Another option is to have a relative open an account and add the person as an authorized account user. It is also possible to obtain a Visa or MC Stored Value Card. The fees can be rather high, but the card can be used similar to a debit card, to pay bills online, and so forth. Generally within 6 months after the BK discharge it becomes easier to find a bank willing to let the person open standard accounts.
When you co-sign on a loan or mortgage for someone, you are promising to make the loan payments if they can't. When someone files for bankruptcy, they are claiming that they cannot make their payments. It would stand to reason that if someone you co-signed on a mortgage for files for bankruptcy that you would then be liable for making the payments.
No they cannot, as long as you included them in your bankruptcy. They would be in violation of Federal Law, and liable to suit and possible penalty from the bankruptcy court. The bankruptcy attorney, or the trustee should be notified about any collections on a bankruptcy account.
No, it cannot be removed but the information can be amended to read correctly. A bankruptcy discharge remains on a credit report 10 years from the date of discharge.
No. A person can only open an account for himself. They cannot open an account on behalf of someone else. It is illegal and it should not be done. If I want a bank account, only I can open it and cannot ask or expect anyone else to do it for me.
Of course you can. The card issuer has to be listed along with the balance owed. If there is a zero balance on the card and outstanding charges that have not hit yet, you may not have to list it, but it's safer to list it. Any amount in a checking account that cannot be exempted under state or federal exemptions becomes property of the bankruptcy estate. You don't get to keep it.
No, once a bankruptcy is filed an automatic "stay" is in place, and creditors cannot pursue any collection action. Even outside of bankruptcy, a creditor cannot arbitrarily garnish a debtor's bank account. The creditor needs to file and win a lawsuit, be granted a judgment and then enforce the judgment as a bank account garnishment.
No, you cannot. It is illegal.
You cannot.
No, debts acquired after the filing cannot be included in the BK petition.
The debt collector cannot change the date of anything, legally. If the account was discharged in bankruptcy, everything up to the filing date is not owed any longer.
Yes, this debt should have been marked as a bankruptcy by the original creditor. It cannot be changed from a bankruptcy to a discharge unless the bankruptcy did not go through.
That information is considered hidden and cannot be found unless a part of Facebook's modding and admins it'self.
When you co-sign on a loan or mortgage for someone, you are promising to make the loan payments if they can't. When someone files for bankruptcy, they are claiming that they cannot make their payments. It would stand to reason that if someone you co-signed on a mortgage for files for bankruptcy that you would then be liable for making the payments.
No they cannot, as long as you included them in your bankruptcy. They would be in violation of Federal Law, and liable to suit and possible penalty from the bankruptcy court. The bankruptcy attorney, or the trustee should be notified about any collections on a bankruptcy account.
Make sure the creditor was notified that their debt was included in and discharged through your bankruptcy. Once notified, they cannot legally update a trade line.
No you cannot that is considered theft.
No, you are not. When someone files bankruptcy the title to their property is held by the trustee in bankruptcy. The bankrupt cannot sell any property therefore, if they do, the title is not clear. You may lose the property to the creditors if someone tracks it down. You would then be out of the property and any money you paid for it.