0
Debt and Bankruptcy
State of owing money to creditors. A person or organization is bankrupt when judged to be legally insolvent.
4,664 Questions
What companies have filed for bankruptcy in Arizona?
Bankruptcy is a FEDERAL process. What determines which Federal district a company files in depends on several things. Most often, it is the Federal Distrct Court for Bankruptcy where there state of incorporation is. And that really has nothing to do with hat you see in operations and such. Commonly it is Delaware. Changing more and more to Nevada, Vermont and some others.
No, having her listed as an authorized user will have no impact on your credit score.
If you file bankruptcy will it dismiss a civil action against you?
Maybe, it depends upon what the civil suit pertains to, for example personal injury suits are generally not allowed to be included in BK actions.
What are the best ways to get rid of debt?
I can't say that there are really best ways to get rid of debts. But I think this will help:
- First, assess how much debt you are in.
- Assess your financial capability to know if you can pay your debts in a regular basis.
- Then, try to talk the matter over with your creditors. Ask them if they can adjust your payment terms so that it will be more manageable for you.
- If they disagreed, you might want to try to employ professional help.Don't worry, there are debt professionals out there that offer free services.
Good luck! :)
Do you still pay back loans after chapter 7?
Some loans, like student loans, may not be included in your bankruptcy. The only way to get rid of them is to pay up. The longer you wait, the larger the debt becomes due to the accrual of interest.
How long does a the car dealer have to take car after bankruptcy?
You should deliver the car to the dealership when the bankruptcy is signed. Clean it up and deliver it in good shape. Ask for a receipt.
If you filed bankruptcy can you co-sign for a car?
No reasonable loan company is going to take that chance. If you are struggling now, why make yourself even worse!? Just say no and start helping yourself out of your problems by not getting more debt. You screwed up once this way! Stop making porr decisions about money!
Is it possible to get an auto loan while currently in an active chapter 7 bankruptcy?
Who would loan this!? You can certainly ask someone to goive you a few hundred for a car, but no loan company would do so. This is what got the person in trouble to start with. There are very few investments worse then a car. Tell them to buy a $200 beater. I know that the current administration is trying to keep porr people from owning cars (cash for clunkers), but there are still good deals out there. Do go into debt when you are struggling with it now! That is not learning from your mistakes.
What is the debt collection in Canada and the US?
If you move from Canada to the US and have bad debt in Canada will it effect your credit in the US?
WHAT is the main advantage of fixed rate over variAble rate debt?
In a fixed rate mortgage you know exactly how your loan isamortized over the next 10, 15, 10 or 30 years. You know exactly what your monthly payment will be until the loan is satisfied.
In an adjustable rate mortgage you will be informed as to when your rate will 'adjust' up or down and what to expect your new monthly payment to be.
If you are like most who truly budget their funds, it's best to have a fixed rate unless you do not intend to be in you home for more than the ARM (adjustable rate mortgage) term- 1 yr arm, 2 yr arm, 5 yr arm...
How can you prevent yourself going bankrupt?
- save money in a piggy bank.
- dont buy stuff you dont need.
- award yourself with something at the end of the week if you suffered yourself from somthing you really dont need!
What are some accounting topics to give presentation?
You can talk about Enron & Arthur Anderson. This is the mostinterestingtopic you can talk about.
How much should you charge for a foreclosure clean out?
Lawyers don't do foreclosure cleanups. Make sure your state laws don't require you to store items belonging to the mortgagor. The cleanup charges will depend on how much cleaning up is required and how many items of usable personal property you find that can be sold.
Don't trust foreclosure attorneys for legal advice. Their duty is to the bank or mortgage holder, not to you.
Can a man file bankruptcy without his wife's involvement and if he does how will she be affected?
A husband (or wife) may file for bankruptcy separate from his or her spouse. Technically speaking, this should have no effect on the other spouse as they are filing bankruptcy for their separate debts and you will not be held responsible for their debts nor will it be reflected on your credit report, etc. It is important to note that those debts you held jointly will remain with you (the spouse that did not file for bankruptcy).
When can you refinance your home after a chapter 7?
In order to refinance after a Chapter 7 most bank guidelines will be 2 years from discharge date. The credit will have to be reestablished as well. There are some banks with various guidelines that will take a look at refinancing <2 years but not less than 12 months if you can prove the bankruptcy was caused by extenuating circumstances beyond the borrowers control. Veronica Rodrigues Voyage Home Loans
How do you protect your home from foreclosure?
The easiest way would be to make all the payments on time to the mortgage company or bank.
Will a credit score change when a discharged bankruptcy is removed from the credit report?
Yes, but only after the bankruptcy is removed from your credit report - which can take over ten years from the discharge.
If your house in foreclosure and is up for sale can it still be forclosed on by the lender?
Yes, the act of listing your home for sale will not stop or stall the foreclosure proceedings. Homes can be listed for sale for months and even years.
What is the difference between debt capital and equity capital?
A company can raise capital by using the two means - Equity & Debt
Equity means ownership. Everyone who owns an equity share of a company owns a part of the company. He/she can influence the decision making in the company
Debt represents an obligation. The company is obliged to pay the debt provider interest on a regular basis and repay the principal on the agreed upon date. the loan provider has no say whatsoever in the decision making of the company...
Did auction house Kruse international declare bankruptcy?
According to the news, Kruse International has not filed bankruptcy. Whether there is any money left is anyones guess.
Is a business owner responsible for the previous owners debts?
If it is a new business, then they are not responsible. If the new business owner had obligations with the previous one, they may be responsible for debts. The terms of the contract will dictate this issue.
Where do i find bankruptcy public records?
It depends on what kind of public record. If it is Civil, you may have to go to the Courthouse, if Federal, like Bankruptcy Records, you can get a free copy of the discharge records if it is discharged in the last 30 days at www.bankruptcy-records.us or www.officialbankruptcycourtrecords.com but if it is over the 30 days, then it cost a little. Not much I dont think. It takes about 30 minutes for it to be emailed back. Our mortgage company uses bothe these sites.
Can you sell your house while in foreclosure?
You can sell your house while it is in foreclosure. If the price is less than you owe the bank, the bank has to agree to the selling price first.
Citibank-Home Depot bankruptcy address?
Home Depot/Citibank
Attn: Bankruptcy Dept.
P.O. Box 6497
Sioux Falls, SD 57117
