Subjects>Law & Government>Law & Legal Issues

Can you file bankruptcy when a bank is in recervership?

Anonymous

∙ 16y ago

Updated: 11/7/2022

Confusing question...the banks bankruptcy (receivorship) doesn't really effect you directly....your deposits are most likely not at risk if it is FDIC insured bank and under 100,000 per account...and even if more than that...you may or may not really have any loss and whatever is able to be recovered from the bank would be assets available to your creditors...just like any other investment you made that may now be worth less than you originally made...only what value can really be realized is availale to your case. If you owe them, so they would be creditors...their financial status in no way effects what you owe...they will get what they have a right to as creditors from you and pay it to those they owe.

Wiki User

∙ 16y ago

What else can I help you with?

Can a commercial bank file bankruptcy?

Sure, and many have

If you have a personal bank loan can you still file for bankruptcy?

Of course.

If a bank repossesses a car do they have to return it if you file Chapter 7 bankruptcy?

No.

A bank may file a voluntary petition with the bankruptcy court?

True

What happens if my car is repossessed and then I file bankruptcy?

Any leftover debt from that car repossession can be put in your bankruptcy petition..so if you owed $12k and the bank sold it for $6k..then you can file bankruptcy on the remaining $6k.

You owe your sister money can you file bankruptcy on that loan?

If you file bankruptcy, you file bankruptcy on everything. You can not file bankruptcy on one loan.

Can you change a joint bank account with a parent before chapter 7 bankruptcy in ny state?

Yes you can change a joint bank account before a Chapter 7 bankruptcy. You should have your finances in order before you file a bankruptcy.

How do I get a lien release from hsbc bank Nevada na?

Did Deltona Corporation file bankruptcy?

No they never did file for bankruptcy

How many year after you file bankruptcy can you file bankruptcy aging?

If you are talking about a Chapter 7 bankruptcy, It takes 7 to 9 years after you can file bankruptcy again.

Why did General Motors ford and Chrysler file for bankruptcy?

They did not file for bankruptcy.

Did ballenger construction harlingen Texas file for bankruptcy?

No, they did not file for bankruptcy.

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