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They are no longer barred from using all legal means to collect. they will call, mail, pursue, bring you to court, get judgements, seize and sell assets..whatever.

What do you do to get paid from someone who owes you?

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17y ago

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Related Questions

Can you file chapter 13 after being dropped?

IF by dropped you mean the case was dismissed, the answer depends on when and why the case was dismissed.


In chapter 7 bankruptcies is closed without discharge the same ad being dismissed?

No. Dismissed is essentially incomplete - no resolution...discharged is completed and closed.


Can a chapter 13 be removed 7 years after being involuntarily dismissed?

The answer is yes -- Chapter 13s are removed after 7 years in a credit file


Can you file a chapter 7 bankruptcy and a chapter 13 bankruptcy?

not at the same time, and you'll have to wait a certain period of time after being dismissed/discharged from one before filing the other.


You are being sued for s unsecured loan of 17000 dollars will chapter 13 bankruptcy stop creditors from taking your rental property?

If you file. It will put a stay on your creditors and they will have to halt there collections. You need to contact a bankruptcy attorney to confirm.


Why would a bankrupt company convert from Chapter 11 to chapter 7?

Because no plan of reorganization....agreeable to creditors and the court, where the company can continue in operations and successfuly operate was considered possible...its only choice being to dissolve.


If a Chapter 7 was dismissed and the judge states in the order that the adversary action is considered moot and shall be marked closed does this mean there will be no prosecution and fines?

No, the issue has nothing to do with the possibility of criminal charges being brought and the person(s) facing prosecution. It would pertain to a motion made by one of the creditors, such as a charge of "fraudulent conveyance" or the attempt to hide assets and so forth.


Will you get rid of credit card debt with bankruptcy?

No. If you file bankruptcy, you are basically telling the creditors that you don't have any funds to pay them. Your finances are being held by the court and the lawyers will tell the creditors that you filed bankruptcy. You are still responsible for the debt. WRONG! If you file bankruptcy and file a chapter 7, if the judge approves your appeal all your credit card debts are erased, and creditors have to stop calling and harassing you. If you file a chapter 13, you are still responsible for a certain portion of your debt, to be paid over a 5 year period, and creditors have to stop calling and harassing you.


If you filed Chapter 7 six years ago and it was dismissed but the credit bureaus will not take it off how do you get it removed?

A CHAPTER 7 BANKRUPTCY TAKES 10 YEARS BEFORE THIS IS REMOVED OFF OF YOUR CREDIT REPORT. THE GOOD NEWS THIS DOES NOT AFFECT YOUR CREDIT ANY LONGER! *********************I filed Chapter 7 in 2003 and depending on what your state court's definition of "dismissed" is it CAN affect your credit. For instance, some courts definition of "dismissed" is the same as "discharged." In Ohio it is "discharged" and I no longer owe any debt, however it DID IN FACT AFFECT MY CREDIT. I can NO LONGER get any. I received denial letters stating the reason for being denied, "Bankruptcy." So do your homework according to your state.


Was Stanton dismissed for being too radical?

yes


How can the homestead exemption help against foreclosure in a possible Chapter 13 dismissal?

It doesn't. The homestead exemption protects property from being seized in a bankruptcy procedure or by creditor judgment. The lender does not relinquish the right to foreclose on property regardless of the status of the bankruptcy filing. Bankruptcy only temporarily halts the foreclosure of secured property.


How do I get Equifax to remove 7 year old dismissed Chapter 13 Bankruptcy?

You can write them or call and request that your bankruptcy be removed. They do not have to remove it, however. It is generally the amount of time that it falls off your credit or is not considered when being looked at for credit.