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Does the car have to be turned in at the end of the lease if you have stopped paying and claimed bankruptcy?
Yes you must turn the vehicle in on a lease. You are responsible for the full amount of payments on the lease. If the vehicle is not turned in it can be reposessed.Remember you never owned it.
It certainly does. Unless the person likes the idea of "Grand Theft Auto" charges. You would have to reafirm your contract with the lender and pay any accrued fees/penalties.
What else can I help you with?
Does filing bankruptcy stop garnishment of wages due to judgment on credit card debt?
Filing bankruptcy can stop a garnishment immediately. Ifall funds that have been garnished have been properly exempted, the garnished funds can even be returned to the debtor. When a bankruptcy is filed, a special provision of the bankruptcy code kicks in and stops all creditor action to collect a debt. The special provision of the bankruptcy code is Section 362 and is called "the Automatic Stay". The Automatic Stay is a court order to all creditors to stop collecting debts immediately. When a paycheck or bank account is garnished, money is taken from the paycheck or other account and held until a certain time when the money is supposed to be delivered to court and turned over to the creditor. The date that the creditor is supposed to pick up the garnished funds in court is often called "the return date". If a bankruptcy is filed before the return date set for the garnishment, the garnishment is immediately stopped and the creditor cannot continue to collect the debt through the garnishment method. However, understand that the debt the garnishment is paying isn't extinguished or reduced...it will be resolved in the BK. The above probably won't apply to child support or such...which rightfully gets no breaks.
What does a 384 credit score mean?
Nothing good, unfortunately. I believe the lowest rating you can have is 300 and the highest is 850, so a score of 384 is very low. Generally this means the person has significant credit problems - bankruptcy, foreclosure, accounts turned over to collections, etc. This can be improved, however, by paying all accounts on time and reducing the amount of outstanding debt.
Can you be turned down for a credit card that you had claimed on a Ch 7 because of nonpayment if your credit is now good?
Yes. Credit card companies have no obligation to offer an account to anyone they believe could be a future "risk."
Does paying off old bills improve your credit score?
it does not actually improve the score but if they are already turned over to the collection agency - it will just make credit score get worse and worse. the only way to improve score is by paying everything off ON TIME and letting time take it's course. Most bad stuff will drop off within 10 years
Can wages be garnished for the balance of car loan if the vehicle was turned in for repossession in Maryland?
Yes. Even though the vehicle was repoed, they could take you to court for the remaining balance, or what they didn't recover through resale of the vehicle. You would be notified that you are being sued, and have the opportunity to go to court in your defense. If the court finds in favor of the lender (which they generally do), you could have your wages garnished. That may be the point where you have to decide if bankruptcy may be right for you. Bankruptcy would stop those proceedings and keep your wages from being garnished.
How did Gandhi react whenever his protests turned out violent?
He stopped eating.
If I owe criminal restitution fees--failure to pay on civic traffic charges which turned them into criminal charges--can a bankruptcy discharge those debts?
no, you are still liable for the charges, no matter if you file for bankruptcy.
Can an exempt loan be turned in after bankruptcy?
I didn't know loans could ever be turned in. I thought they had to be satisfied. And bankruptcy allows you to satisfy them for less than you agreed to, But, you didn't do that during bankruptcy...and instead maintained your promise to pay....and now you think you should be able to reneg? Of course maybe I'm not understanding....YES, that loan, (that means the money you were loaned)...wrap it up and bring it down to the lender and turn it in. Before, after, during bankruptcy, pretty much whenever...thats fine.
How do use intersection in a sentence?
When the traffic light turned red, the man stopped at the intersection.
Remain stopped as long as these lights on a school bus are flashing?
Red lights flashing on a school bus mean remain stopped until they are turned off.
Which of these is a description of a bankruptcy?
a federal law whereby a person's assets are turned over to a trustee and used to pay outstanding debts
Peugeot 306 will not start after changing a fuse?
i had the same problem and it turned out to be my immobilizer had stopped the car from starting
Why have the dome lights on a 2000 Montana stopped coming on when the ignition is turned off?
Because the bulb is burned out.
How does Justin Bieber's mom feel about him sagging?
She doesn't like it but after he turned 18 she stopped tiren to change him
Can I get my metro pic phone turned on without paying my bill?
No, you need to pay the bill if you want service.
What play did the Three stooges get their skit slowly he turned from?
Vaudville comic Joey Faye claimed authorship of "Slowly I Turned" in its many formats . (I'm not sure as to which play this skit was first performed .)
Brakes pulse at end when almost stopped?
Front rotors warped or out of round. Have rotors turned and that will fix your problems.
