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Chapter 8 bankruptcy does not exist in the U.S. Bankruptcy Code. It seems there may have been a typo in your question. If you meant Chapter 7 bankruptcy, it involves liquidating assets to pay off debts. If you meant Chapter 13 bankruptcy, it involves creating a repayment plan. It's important to consult with a bankruptcy attorney to understand the specific provisions and implications of filing for bankruptcy.
What else can I help you with?
In a Chapter 7 bankruptcy a person filing for relief is called a?
In a Chapter 7 bankruptcy, a person filing for relief is called a
How long do you have to wait to file bankruptcy after last bankruptcy?
You have to wait eight years after filing for Chapter 7 and 4 after filing for Chapter 13.
What can be done to attain employment at 60years old after filing chapter 7 bankruptcy What if there is reasonable reason for filing chapter 7 Could the reason for bankruptcy be told to the employer?
How to get after job filing chapter 7 bankruptcy once it appears on the credit report
What happens if you wreck your car after filing for Chapter 13 bankruptcy?
If you wreck your car after filing for Chapter 13 bankruptcy you can file it on your insurance. You can then replace your car based on the bankruptcy order.
Does income count AFTER you file chapter 7?
A person's income does not count after filing chapter 7 bankruptcy. All that counts is what you had before filing bankruptcy.
Can you include pay day loans in bankruptcy chapter 7 in missouri?
Yes, payday loans can typically be included in a Chapter 7 bankruptcy filing in Missouri. When you file for Chapter 7 bankruptcy, most unsecured debts, including payday loans, can be discharged, freeing you from the obligation to repay them. However, it's important to consult with a bankruptcy attorney to understand the specific implications for your situation and ensure all debts are properly addressed in the filing.
Can you vote after filing chapter 7 bankruptcy?
Yes you can.
A Chapter 13 bankruptcy filing is called a?
reorganization
Does a chapter 13 bankruptcy filing stall foreclosure?
Yes. It is the most common reason for filing a chapter 13.
How long before filing chapter 7 taking a 401k loan?
Taking a 401(k) loan before filing for Chapter 7 bankruptcy is generally permissible, but it’s important to consider the implications. The loan must be repaid, and if you default on it, the amount owed may be treated as a distribution, which could impact your bankruptcy case. Additionally, it's advisable to consult with a bankruptcy attorney to understand how the timing and amount of the loan could affect your overall financial situation and bankruptcy filing.
Can you receive money as a gift after filing chapter 13?
Yes, you can receive money as a gift after filing for Chapter 13 bankruptcy. However, you must report this gift to the bankruptcy court and your trustee, as it could affect your repayment plan. The trustee may consider the gift as disposable income, which could lead to adjustments in your plan. It's advisable to consult with your bankruptcy attorney to understand the implications fully.
Will you get your tax refund if you file for bankruptcy?
Whether you are entitled to your tax refund will depend on what type of Chapter of bankruptcy you are filing and whether the bankruptcy exemptions can be used to protect the tax refund. If you are filing for Chapter 7 bankruptcy then you can generally keep the refund if the available state bankruptcy exemptions provide protection for it. If you are in a Chapter 13 bankruptcy you are typically required to turn over the tax refunds during the life of the Chapter 13 case.
