These assets should not be effected at all.
If you are filing for bankruptcy, and you try to cosign -- two things can happen. 1. the lender will turn you down. 2. If the court finds out you have applied for credit the bankruptcy can be stopped. If you mean that the car and loan will be for you during or after the bankruptcy, this still has to be disclosed and again the bankruptcy can be stopped.
No
Taking a 401(k) loan before filing for Chapter 7 bankruptcy is generally permissible, but it’s important to consider the implications. The loan must be repaid, and if you default on it, the amount owed may be treated as a distribution, which could impact your bankruptcy case. Additionally, it's advisable to consult with a bankruptcy attorney to understand how the timing and amount of the loan could affect your overall financial situation and bankruptcy filing.
No. It is protected by law.
If your partner files for bankruptcy and you don't then the bankruptcy will not appear on your credit report. But you will be partly responsible for before bankruptcy filing. Generally filing bankruptcy will affect the credit rating of the individual who filed it.
No. Never. It is exempt and protected.
What are you possibly trying to say? (Your 401k is exempt from seizure and process in BK you know).
If you are filing for bankruptcy, and you try to cosign -- two things can happen. 1. the lender will turn you down. 2. If the court finds out you have applied for credit the bankruptcy can be stopped. If you mean that the car and loan will be for you during or after the bankruptcy, this still has to be disclosed and again the bankruptcy can be stopped.
No
Taking a 401(k) loan before filing for Chapter 7 bankruptcy is generally permissible, but it’s important to consider the implications. The loan must be repaid, and if you default on it, the amount owed may be treated as a distribution, which could impact your bankruptcy case. Additionally, it's advisable to consult with a bankruptcy attorney to understand how the timing and amount of the loan could affect your overall financial situation and bankruptcy filing.
No. It is protected by law.
If your partner files for bankruptcy and you don't then the bankruptcy will not appear on your credit report. But you will be partly responsible for before bankruptcy filing. Generally filing bankruptcy will affect the credit rating of the individual who filed it.
If you are filing for personal bankruptcy it is not necessary to have a lawyer. If you are filing for business bankruptcy, you must retain a lawyer on your behalf.
Filing bankruptcy has no affiliation with religion. If filing bankruptcy is he best financial options available, then you should do it.
Direct deposit of any monies while filing for Chapter 7 bankruptcy are safe. However, under Chapter 13 bankruptcy, an automatic payment may be required to the trustee from a direct deposit of wages and other sources of income.
Bankruptcy will not stop a garnishment. You cannot set aside civil judgments by filing bankruptcy.
Yes.