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Can tax liens be dismissed under Chapter 7 or Chapter 13?
Even if you discharge a tax debt in a bankruptcy (which can be done in limited circumstances), the lien associated with that debt is not released by bankruptcy proceedings. The result is that you may come out of bankruptcy with no tax liability, but there may still be a lien on your property. That lien attaches to any equity in your assets that existed prior to the bankruptcy and was exempted in the bankruptcy. For example, if you owned your house and filed bankruptcy with $20,000 of equity in your home, you may have been able to exempt that equity in the bankruptcy through a homestead exemption (so that you could keep your home). If that happened, after your bankruptcy was discharged the IRS would still have a lien against you that attaches to that $20,000 of equity (but not to any equity that accrues after the bankruptcy filing).
What are the release dates for His Obligation - 1915?
His Obligation - 1915 was released on: USA: 14 June 1915
What is the difference between a discharge and release?
The words DO sound similar in meaning, however: "Released" indicates that the inmate was let out on some kind of parole, his sentence is still unfulfilled, and he is still technically subject to the custody and control of the court or prison system until the expiration or completion of that parole, at which time the inmate is free and clear. "Discharged" implies that the inmate was let out after completely serving his term of imprisonment, satisfied his entire sentence, and is discharged from the custody and control fo the court and/or prison system.
Can a mortgage be released in a chapter 7?
Yes, a mortgage can be released in a Chapter 7 bankruptcy, but it typically depends on the specific circumstances of the case. While Chapter 7 can discharge personal liability for the mortgage debt, it does not eliminate the lien on the property itself. If you choose to keep the home, you will need to continue making mortgage payments; otherwise, the lender can still foreclose. It's advisable to consult with a bankruptcy attorney to understand the implications for your situation.
How many years on credit history for bankruptcy?
10 years. If you are interested in buying a home you have to wait at least 24 months from the date it was released/discharged in order to qualify for a home loan. So, though it takes 10 years for a bankruptcy to be removed from your credit profile you can qualify for a home loan in as little as 2 years from the Date of Release or Date of Discharge.
What are the release dates for Contractual Obligation - 2009?
Contractual Obligation - 2009 was released on: USA: 6 February 2009 (DVD premiere)
What are the release dates for The Bankruptcy of Boggs and Schultz - 1916?
The Bankruptcy of Boggs and Schultz - 1916 was released on: USA: 3 May 1916
What are the release dates for Ante Usted - 2008 Bankruptcy?
Ante Usted - 2008 Bankruptcy was released on: USA: 18 January 2012
What is another word that is similar to releasing?
Freeing. Unencumbering, as to be released of an obligation.
What are the release dates for Urban Bankruptcy - 2005?
Urban Bankruptcy - 2005 was released on: USA: 12 June 2005 (Waterfront Film Festival)
Can you restart a frozen pension after bankruptcy is discharged or does it become obsolete?
I don't really understand your term "frozen pension." Was it not exempt from the bankruptcy proceedings? Or was it held until a ruling was made and then released when the bankruptcy was discharged?
What does discharge from air force mean?
It means "released from duty".
