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Are father's unsecured debts transferrable to children in the UK?
Wiki User
∙ 14y ago
Not unless the children have agreed to pay them. Companies may try to get you to pay them but as long as you have not signed anything you are not legally bound to pay them.
Wiki User
∙ 14y ago
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Are utility bills unsecured debts?
== == Yes, utility bills are classed as unsecured debts but if you are struggling with debts then it is important that you class these as a priority debt. If you find that you are in arrears with your suppliers then it is important that you seek debt help and advice as soon as possible. If you do not pay your bills, your supply can be cut off, in this way they are more important to pay that other form of unsecured debts, such as credit cards or store cards.
True or false In a bankruptcy the priority debt the debts that the court feels should be paid first are paid then the unsecured debts are added up?
true
hi i wanted to download the free chapter 7 form which pertains to listing all my secured debts and unsecured debts. which form is this. there are so many and im confused. is there a link you could send me thanks?
I'm not sure if you can file all this on one form. The list of unsecured debts can be listed on the following form: http://www.uscourts.gov/rules/BK_Forms_1207/B_004_1207f.pdf
Would i still be liable if I don't pay on an unsecured debt after chapter 7 bankruptcy?
You should not have paid any unsecured debt after the chapter 7 was filed. All unsecured debts were discharged. If you made the mistake of continuing regular payments on an unsecured debt after filing, you may have reinstated the debt. If in doubt, consult a local bankruptcy lawyer.
How are you notified if an unsecured debt should be paid?
All debts should be paid, regardless of being secured or unsecured. However, if you are involved in a bankruptcy then the trustee will provide both the debtor and their creditor with the list of what, if anything, is being paid, adjustment, and/or monthly payment to expect.
What is the difference between unsecured priority and unsecured non-priority?
Examples of unsecured priority debts are, child and/or spousal support, delinquent taxes, rent and utility arrears, any fines or restitution(s) that have been ordered by the court. Unsecured non-priority are, store cards, unsecured personal loans (unless held by a bank where the person has accounts), credit cards, and so forth.
In a bankruptcy the priority debts -- the debts that the court feels should be paid first -- are paid then the unsecured debts are added up.?
true
Are utility bills unsecured debts?
== == Yes, utility bills are classed as unsecured debts but if you are struggling with debts then it is important that you class these as a priority debt. If you find that you are in arrears with your suppliers then it is important that you seek debt help and advice as soon as possible. If you do not pay your bills, your supply can be cut off, in this way they are more important to pay that other form of unsecured debts, such as credit cards or store cards.
What is the difference between unsecured priority and unsecured non priority?
priority debts must be pais IN FULL, non-priority does not.
Are children responsible for deceased fathers debt in California?
Not unless they co-signed for the loans or credit cards. The estate is responsible for the debts.
True or false In a bankruptcy the priority debt the debts that the court feels should be paid first are paid then the unsecured debts are added up?
true
What are the risks involved with having unsecured debts?
Unsecured debts are like making promises to each other about paying the debt, bu there is no written guarantee that it will be paid on the due date or the deadline. It is all about trusting the person who got the debt that they will pay their debt afterwards.
What happens to unsecured debts when a chapter 13 bankruptcy is dismissed?
The debts are still valid and creditors can continue with collection procedures including, in most cases, a lawsuit.
hi i wanted to download the free chapter 7 form which pertains to listing all my secured debts and unsecured debts. which form is this. there are so many and im confused. is there a link you could send me thanks?
I'm not sure if you can file all this on one form. The list of unsecured debts can be listed on the following form: http://www.uscourts.gov/rules/BK_Forms_1207/B_004_1207f.pdf
What kind of bankruptcy is it called when you only include credit cards?
Chapter 7. The credit cards would be unsecured debts.
Can liens be placed against residential property in Virginia for unsecured debts?
Yes, if the creditor sues the debtor and prevails in court.
Would i still be liable if I don't pay on an unsecured debt after chapter 7 bankruptcy?
You should not have paid any unsecured debt after the chapter 7 was filed. All unsecured debts were discharged. If you made the mistake of continuing regular payments on an unsecured debt after filing, you may have reinstated the debt. If in doubt, consult a local bankruptcy lawyer.
