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What else can I help you with?
Do employer's look at bankruptcy the same as chargeoffs?
They are different things..and in either case, they would indicate someone who was not responsible for their actions, failed to maintain their contracted promises....and may have continuing problems. Explain them as best you can...for example if it was brought on by an unexpected medical emergency, that has passed....and you have taken the steps needed to assure it won't happen again.
What kind of lawyer would one use when declaring bankruptcy?
When one is declaring bankruptcy, they should use a lawyer familiar with bankruptcy. There are different types of bankruptcy to consider, such as liquidation or cancelling your debts, or reorganizing for wage earners who can still make debt payments.
What is the use of a corporate bankruptcy attorney?
The use of a corporate bankruptcy attorney is to assist in the legal proceeding of filing for bankruptcy for a corporation. An attorney is necessary to make sure the process goes smoothly and everything is taken care of.
You are filing for bankruptcy and the car is in your name only for insurance purposes and you use it to take your disabled mother about Can it be taken in bankruptcy?
No!
How do you use resilience in sentence?
His resilience kept him out of bankruptcy.
Can credit cards be used after someone files for bankruptcy?
Sometimes credit card charges are not included in bankruptcy. If they are then you will no longer be able to use them.
Will allowing your car to be repossessed when you already have 2 credit card chargeoffs on your credit report have any worse effects?
YES! It will lower your FICO score a lot!!
If you have a credit card and use it just before filing bankruptcy can a creditor deny your bankruptcy?
If you are on the brink of bankruptcy... you probably can't get a credit card. Opps... didn't read that right. Sorry. I really don't know.
Is there a sample letter to notify debtors of bankruptcy?
There are letters that attorneys use to notify creditors of a debtors bankruptcy. This letter states that the individuals have filed bankruptcy and the creditors are to cease all contact and attempts to collect their debt.
Where can you get free chapter 7 bankruptcy information in the state of Minnesota?
Use this FREE ""Do it Yourself"" Bankruptcy Site to see filing bankruptcy is the right solution for solving your personal debt problems.Filing bankruptcy is perhaps the most difficult decision you'll ever make! I'm sure you have many questions about filing bankruptcy. Questions like, ""Am I qualified to file bankruptcy"" , ""How hard is it to file on my own bankruptcy"", ""How much does it cost"" and the most important question of all; ""Can I file my own bankruptcy without an attorney?"" Get answers to these questions and over 40 more with our in-depth FAQs. Select the bankruptcy chapters' links on the left.
How long can derogatory information stay on your credit bureau?
Late payments or collection accounts will remain for 7 years after the last reporting. That means a late pay will drop off after 7 years, but every month you're late is a new event and new reporting date. Foreclosures, repos and chargeoffs are also 7 years. Bankruptcy is 10 years. Remember that the discharge date may be very different that the filing date.
Why a person do bankruptcy?
Some factors which lead to the Bankruptcy.1. Due to job loss unemployed.2. Poor/Excess Use of Credit3. Unexpected Expenses4. Medical Expenses
