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be assets available to your creditors...just like any other investment you made that may now be worth less than you originally made...only what value can really be realized is availale to your case.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.

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

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.

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.

Trending Questions

What two crimes were capital offenses in Greek? And secure the blessings of liberty mean? What is the minimum jail sentence I will get for theft fraud and fraud by using someone else's credit card to buy goods online? Is it legal for a 24 year old male to kiss and tell a 14 year old boy he loves him in Wisconsin? Is it a law that you have both hands on the wheel while driving an automobile? Which federal law prevents you from being threatened just because you owe money? Do you have to wear a lifejacket under the age of ten? How can you clear an assault charge from your record? Did Doyle bramhall divorce? What are the two branches in the Government Purchase Card organizational hierarchy? Who is involved in legislative branch? What is the penalty for accessory to bank robbery in Florida? What are the legal requirements for filing for a Massachusetts divorce? How did ww1 make the federal government more powerful than it had been before? Who developed the first fireplug hydrant? Is it legal to burn trash in residential areas? What is worse a judgment or bankruptcy? How long does a suspended sentence last? What is a actual breach? Can The Navy can transfer 11 million Research Development Test and Evaluation funds from one program element to another without prior approval of Congress?