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Your friend recently filed Chapter 7 bankruptcy and she has moved to another country Is it possible she is involved in bankruptcy fraud?
hard to answer only she would really be able to answer that. Depending on which country she moved to if she don't come back why file?
ANSWER If she informed the people she is/was dealing with and still complies with the rules of her bankruptcy there shouldn't be any problems.
What else can I help you with?
Is Chipco involved in a lawsuit?
bankruptcy - chapter 11
Is it possible to NOT qualify for chapter 13 bankruptcy?
Yes
If you filed bankruptcy four years ago and remarried can you file joint bankruptcy now?
It is possible for the married couple to file a chapter 13 or in some instances a chapter 11.
Can a chapter 13 bankruptcy be dismissed if the petitioner dies?
Yes, a Chapter 13 bankruptcy can be dismissed if the petitioner dies. Typically, the trustee or another party involved in the bankruptcy case will file a motion to dismiss the case due to the petitioner's death.
Is it possible to exempt a tax refund in chapter 7 bankruptcy?
You can't "exempt" anything.
Is it possible for me to file for Chapter 7 bankruptcy before the 8-year waiting period has passed?
No, you cannot file for Chapter 7 bankruptcy before the 8-year waiting period has passed.
Can you get a home loan if you have recently filed a chapter 7?
Not if the bankruptcy is pending. Once it has been discharged (preferably closed) then it is possible to apply for credit. Whether or not the applicant is extended credit of any sort is the decision of the lending institution.
If you filed for chapter 13 bankruptcy in 2009 can you amend it and add the taxes owed for the year 2009 payable in 2010?
It is *possible* that the Bankruptcy Trustee may accept a motion, made by your attorney. But, there are many considerations including is it a Federal tax debt or state? What is the amount, was there fraud involved and so on;
Is it possible to buy a home after filing chapter 13 then chapter 7 bankruptcy?
Yes, it is possible but there are circumstances. Time is a big factor, that is how much time has passed since the chapter 7 was discharge? I know of lenders who will provide loans just one day out of bankruptcy. But a fairly decent credit score has to be there and if its a refinance there has to be some equity in the property.
If you filed chapter 13 bankruptcy and it was discharged can you file chapter 7 bankruptcy now?
Yes.
What will happen where Chapter 13 bankruptcy is dismissed due to default in payments?
Many people are unable to maintain the rigid repayment plans (and strict budget) that go along with Chapter 13 bankruptcy. One option is to switch to Chapter 7 bankruptcy. This can be done (one time) without court approval, although if you ever wish to switch back to Chapter 13 then the court will be involved. Before switching I would recommend looking at the different characteristics of each type of bankruptcy.
How long does it take after a bankruptcy is discharged to show on your credit report?
The amount of time a bankruptcy stays on your credit report after discharge differs between Chapter 7 and Chapter 13 Bankruptcy. With Chapter 7 bankruptcy, the Chapter 7 stays on your credit report for 10 years. Chapter 13 bankruptcy, after discharge, it shows for 7 years on your credit report.
