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If your bankruptcy has closed and your home was not affirmed, it typically means that the bankruptcy court did not approve the reaffirmation of your mortgage, leaving you at risk of losing the home. You may need to address this issue with both your attorney and the bank to clarify responsibilities and explore your options, such as negotiating with the bank or seeking legal remedies. It's also important to consult with a bankruptcy attorney who can help you understand your rights and potential next steps.
What else can I help you with?
You are a co-buyer on a car for your sister and you are considering bankruptcy What will happen to her car?
Nothing. Speak with an attorney about your specific situation. If you can not find an attorney, contact your local Bar association and they will refer you to one.
How to Choose a Bankruptcy Attorney?
If you’ve made the decision to file bankruptcy, you will likely need the assistance of a bankruptcy attorney. With attorneys being plentiful, choosing one may seem overwhelming. Here are things to keep in mind when deciding which bankruptcy attorney is best for you.Choose a Bankruptcy Attorney that Explains the ProcessThis is probably one of the most important aspects of choosing a bankruptcy attorney. You want a lawyer that will explain things to you and that will listen and pay attention to your particular situation. The attorney should not only be able to explain the bankruptcy process but also let you know based on your personal circumstances, if you have any other options. You will want to find out if bankruptcy is really the direction you need to be going and an attorney will be able to tell you what will happen and what won’t happen if you file bankruptcy. Additionally, they should be able to tell you the pros and cons of filing bankruptcy.Consider the FeesThe amount of money that is paid for a service does not necessarily indicate quality of work. This means that you should weigh the costs of the bankruptcy attorney. Some will be significantly less than others, and in a situation where your finances may already be in trouble, you do not want to end up paying more than you have to. Consider the attorney’s fees alongside how much work is predicted to be involved in your bankruptcy.How Familiar is the Attorney With Bankruptcies?It usually won’t matter if you have a fairly standard bankruptcy that includes debt such as credit card and medical bills. It is important to be aware of whether this is the first bankruptcy that the attorney has ever worked on, or if it is the hundredth. If anything, it may help with the decision in choosing the attorney you end up working with.Are You Comfortable With the Attorney?You will need to feel as though the attorney knows what he or she is doing but also that they are paying attention to you and have your best interests in mind. Whether you are able to contact and discuss your case with them comfortably is an important factor in choosing a bankruptcy or any type of lawyer. If you are uncomfortable at all, you may want to consider that there may be a different attorney for your situation.
What happens to the co signer if the borrower files bankruptcy?
If you are talking about someone who cosigned for your loan filing bankruptcy, As long as you continue to make your payments on time, nothing will happen. If you are talking about someone you cosigned for taking bankruptcy, you may very well have to pay this loan. Contact the lender.
Will avis budget group file for bankruptcy?
It is likely to happen.
What happen to firm fail to sell its product?
They file for bankruptcy.
What can happen if you don't notify the trustee of inherited money after bankruptcy?
Nothing, or your bankruptcy discharge can be reversed, or you can be fined or sent to prison. It depends on how much you inherit and how long after the bankruptcy you inherited it.
What will happen if you do not proceed with your application for bankruptcy but paid the bankruptcy fee?
Fees paid to the court cannot be refunded under federal law.
What is a motion to dismiss chapter 13 by a trustee?
There is no form. Its a typed motion. Speak with an attorney about your specific situation. If you can not find an attorney, contact your local Bar association and they will refer you to one.
What will happen to my 401k when filing bankruptcy?
These assets should not be effected at all.
How does one apply for bankruptcy?
First and foremost, the applicant has to decide with version of bankruptcy he/she/they are filing for. There are six types: Chaper 7, Chapter 9, Chapter 11, Chapter 12, Chapter 13, and Chapter 15. The most common is Chapter 11 and the process begins with the filing of bankruptcy paperwork to the appropriate court. This is done with an attorney or a qualified paralegal. From there, the applicant appears in court to answer questions from a bankruptcy judge and with all of the evidence gathered, waits for a decision. This can happen in a matter of days, weeks, or months depending on the circumstances.
What happen to vMTV 3D?
It closed
Do you have to include the IRS in a bankruptcy?
Of course, it is immensely important to include IRS in a bankruptcy. If you don't some bad naughty things could happen.
