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Almost exclusively done by Corporations there is no typical time frame...it is entirely dependnet on things like how complex the corporate structure, its specific financial situation, how agreeable the debtors are how well the plan works, etc. Many are virtually prepackaged and essentially happen very quickly, (although the plan itself may take time, like over a year, to get through all the legal things). As the Co normally continues operatng post filing, it almost makes no difference how long the BK takes to resolve as only pre-petition items are involved.
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 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.
What are the key provisions and implications of filing for Chapter 8 bankruptcy?
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.
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.
Can you buy a big rig after filing chapter 7 bankruptcy?
Yes
Passport after filing chapter 13?
Bankruptcy has no impact on obtaining a passport.
