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After a chapter 7 bankruptcy can mortgages report late payments?
Yes, late payments on mortgages can be reported. The chapter 7 discharges all unsecured debts, except for student loans, child support and certain taxes, and any balance due on secured debt after the collateral has been surrendered and sold. If you reaffirmed the mortgage and failed to make payments during or after the chapter 7, that can be reported. Late payments can also be reported. Many states prevent penalties for late payments if the payment is made within a certain number of days, but they can still be reported as late if not made on or before the due date.
What will happen where Chapter 13 bankruptcy is dismissed due to default in payments?
Many people are unable to maintain the rigid repayment plans (and strict budget) that go along with Chapter 13 bankruptcy. One option is to switch to Chapter 7 bankruptcy. This can be done (one time) without court approval, although if you ever wish to switch back to Chapter 13 then the court will be involved. Before switching I would recommend looking at the different characteristics of each type of bankruptcy.
Can I change the payment plan after I have already filed Chapter 13?
Many people struggle with keeping up with the strict payment plans that go along with the chapter 13 bankruptcy. Typically when you cannot keep up with your payments you should talk to the court and also consider the possibility of switching to Chapter 7.
How many payments missed from debtor to trustee before chapter13 is dismissed?
In a Chapter 13 bankruptcy case, if a debtor misses one or more payments to the trustee as outlined in their repayment plan, the case may be dismissed. Typically, the court may allow a grace period for missed payments, but consistently missing payments can lead to dismissal. The specific number of payments missed before dismissal can vary by jurisdiction and the discretion of the bankruptcy judge, but generally, two or more missed payments can trigger a dismissal. It is essential for debtors to communicate with their trustee if they anticipate payment issues.
Why a person with albino cannot survive?
they can survive like you and I without too many problems
How many 65$ payments until I hit 875?
About 13 payments.
How many payments are required for this service?
The service requires three payments.
What services does the company PreCash offer?
PreCash offers many services, in terms of financial problems. Their main priority is to help their clients with their business solutions, such as making payments towards bills and many more.
Does the game Minecraft have a virus?
No, many people are using minecraft without any problems with viruses.
How many payments do you have to be behind to get your car repoed in GA?
no more than 2 payments
Is chapter 75 Ouran High School Host Club's last chapter and how many chapters will there be al together?
Chapter 79 is the latest chapter that will be out, but it is not the last chapter. It is not yet known how many chapters will be in ouran.
How many salmon in salmon farms?
As many as they could possibly hold without causing problems, the farmers do wish to optimize their profit.
