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Everything...that is all debts and all assets are included. Different priorities are given to each (some, few, things are classifed exempt)...and one is used to satisfy the other.

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16y ago

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Related Questions

Can home owners association fees be included in a bankruptcy?

Your bankruptcy attorney can help you decide what to include in your filing petition.


Is a credit line on your house included in bankruptcy?

That is up to the person filing the bankruptcy. You can include or omit any debt that you choose.


Can a creditor add an account to your bankruptcy when the account was opened after filing and you didn't include it yourself?

No, debts acquired after the filing cannot be included in the BK petition.


Can a debt to a private individual be included in a bankruptcy petition?

Not only can the be included, they MUST be included. All debts whether to Walmart or Aunt Betsy needs to be included in your bankruptcy filing.


When filing bankruptcy do you include pending law suits?

Yes, if the lawsuit has been filed it should be included - or if you know its going to be filed you should include as a possible debt.


Does filing for bankruptcy re-age delinquent accounts included in?

"Included in" bankruptcy? No. It stops any interest or penalties on unsecured debts. If the bankruptcy fails, the accrued interest or penalties will be added to the account, and the statute of limitations starts ticking from where it was on the date of filing.


Can you include an SBA loan when filing bankruptcy?

Yes


When filing bankruptcy can past child support be included?

No. Child support is not dischargeable in either federal or state bankruptcy.


Can HOA dues be included in a bankruptcy?

Your bankruptcy attorney can help you add assessments due and owing up to the date of your filing. Assessments incurred post filing are due and owing.


When filing chapter 13 should all debt be included?

when filing any bankruptcy you must disclose ALL debts.


How can you go back and add a car to your bankruptcy to be included in it?

Assuming you're referring to a car payment, you can add it to your case before discharge, or you can reopen your case and include the automobile finance company. Keep in mind, however, that if you're filing Chapter 7 and your car is collateral, it can still be repossessed.


Can a HELOC that is charged-off by the lender be included in a chapter 7 bankruptcy?

It has to be included in a bankruptcy filing. A charge-off is a tax break for the lender. It has nothing to do with whether the debt is still owing.

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