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What else can I help you with?
If you have a loan with your thrift savings at work do you have to file on it if you file bankruptcy?
You need to include all of your debts in the bankruptcy.
Can priority debts be included in bankruptcy?
You don't have a choice, ALL debts must be included in your bankruptcy petition. Oh, also, priority debts cant be discharged in a bankruptcy.
Does a perkins loan get forgiven in a bankruptcy?
List all of your loans and debts. They are all covered in your bankruptcy.
If you live in one state and have debts in different states can you file Chapter 13 Bankruptcy on all debts including them?
Yes. Bankruptcy is a Federal Government function. It effects debts in all states.
Which bankruptcy cleans up all debts?
That is the intent of all Chapters.
Does bankruptcy cover all debt?
Yes, bankruptcy does cover all debts. If you declare bankruptcy, the other guy doesn't get paid, and you leave laughing.
At what point in a Chapter 7 bankruptcy is it considered final with no new debts eligible for discharge?
When you file for Chapter 7 bankruptcy, you are responsible for listing all of your debts. Some debts are generally not dischargable (i.e. child support, most taxes, student loans, secured debts, etc.). When you receive a discharge for dischargeable debts, the discharge generally applies to debts listed in your bankruptcy filing and any subsequent amendments. The discharge does not apply to date incurred after you filed bankruptcy and generally does not apply to debts that you failed to list in the bankruptcy.
Can you claim bankruptcy for medical debt?
Yes, but you must list all debts, not just medical debts.
Can you claim bankruptcy on court fines in California?
You claim bankruptcy on everything...it involves all your assets and all your debts. All are given classes or priorities. Some assets and some debts may be classed as exempt. Generally, court fines and legal penalties and such are going to need to be paid in full and cannot be discharged in BK.
Can someone put an old debt back on your credit report after your bankruptcy has been filed?
The whole point of bankruptcy is that at the point of insolvency all assets transfer to the assignee, and all debts likewise. So debts are cancelled by the bankruptcy, the available assets being all there is to claim against.
Which should be statements regarding bankruptcy is false?
A false statement regarding bankruptcy might be that all debts are automatically discharged when someone files for bankruptcy. In reality, certain debts, such as student loans, tax obligations, and child support, are typically not dischargeable. Additionally, the bankruptcy process can impact credit scores for years, and not all individuals qualify for every type of bankruptcy.
Can you include IRS debts if you file bankruptcy in the state of IL?
Yes. They must be included. All debts and all assets must be included. IRS income tax debts can only be discharged, however, if the amount of tax due was determined 3 years prior to filing the bankruptcy.
