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When you file for bankruptcy, the timing of asset seizures, such as your car, depends on the type of bankruptcy you file (Chapter 7 or Chapter 13) and your specific situation. In Chapter 7 bankruptcy, non-exempt assets may be liquidated to pay creditors, which could include your car if it's not protected by exemptions. In Chapter 13, you typically keep your car, as you repay debts over time through a court-approved plan. It's important to consult with a bankruptcy attorney to understand how the process will affect your assets and what exemptions may apply.
What else can I help you with?
How long before you get your money after you file a claim?
How long it will take before you get your money after you file a claim depends on the type of claim you are filing. It could take a few days to a few months before you actually see any money.
How long do you have to wait to file bankruptcy again in Georgia?
If it is a Chapter 7 Bankruptcy, you have to wait 8 years before you can file it again.
How long do you have to wait to file bankruptcy in the UK again?
In the UK, if you've previously been declared bankrupt, you typically have to wait for at least 6 years from the date of your bankruptcy discharge before you can file for bankruptcy again. However, if you are discharged from bankruptcy and fail to meet the terms of your bankruptcy, you could face restrictions on re-filing. It's important to consult with a financial advisor or insolvency practitioner for specific guidance based on your situation.
How long can I file exempt on my taxes?
You can file as exempt on your taxes for one year at a time.
Do you have to be late on payments to file bankruptcy?
No, but it helps. Many people pay their bills instead of buying groceries, but they can't sustain that for long. The test for bankruptcy is not so rigorous. If you spend what you should to live on, and you cannot pay your other bills as they come due, you can file.
How long after SELLING of assets can you file bankrupt?
3 months, (90 days) in most states.
If you file Chapter 7 and include your car how long do you have before they come and get it and how can you buy some more time?
Keep sending payments and the creditor should be happy.
Once declared how long is one bankrupt for?
U will remain bankrupt for upto 1 year.
How long before you get your money after you file a claim?
How long it will take before you get your money after you file a claim depends on the type of claim you are filing. It could take a few days to a few months before you actually see any money.
How long do you have to wait before you file a will?
It's good to wait until after the funeral.
How long do you have to be separated in Oklahoma before you can file for divorce?
There is no minimum time requirement for separation before a divorce. Legal residents of the state of Oklahoma can file for a divorce at any time.
How long do you have to wait to file bankruptcy again in Georgia?
If it is a Chapter 7 Bankruptcy, you have to wait 8 years before you can file it again.
How long do the effects of bookoo last?
Not long enough, as the company went bankrupt in 2008.
How long does a person have to be a resident of Missouri before they can file for divorce?
one year i think
How long do you have to wait to file bankruptcy in the UK again?
In the UK, if you've previously been declared bankrupt, you typically have to wait for at least 6 years from the date of your bankruptcy discharge before you can file for bankruptcy again. However, if you are discharged from bankruptcy and fail to meet the terms of your bankruptcy, you could face restrictions on re-filing. It's important to consult with a financial advisor or insolvency practitioner for specific guidance based on your situation.
How long before a green card holder can file for his wife and if so how long will it take for the wife to get a green card?
Never
What is an another term for long file?
Another term for long file might be long-term file or shell file.
