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Debt and Bankruptcy
State of owing money to creditors. A person or organization is bankrupt when judged to be legally insolvent.
4,664 Questions
no if you still have it yes if you gave it to someone as a "gift"
Can you keep the your house after bankruptcy?
Without paying for it? Yeah sure...that makes sense. Shoulda' bought a bigger and better house....a mansion I guess. Heck, that how everybody get 'em...for free..they buy it and file BK and then keep it but get rid of the mortgage, don't pay people what they were supposed to....and those people don't care...they would rather you had a house and the money you were supposed to give them....that seems fair!
How can you better your credit score?
There are thousands of good people migrating to USA, they will need a good credit score over a period of time for various purchases.
So the moment he comes into USA he should buy a secured credit card, make purchases through that card & pay the entire payment well before the due date, this is a sure shot way of bettering the credit.
If you marry someone in the state of Ohio with previous debt does the debt become your debt?
The short answer is NO. The fairness to women laws that came about in Ohio insured that debts coming into a marriage could not be laid on the feet of the person if they leave the marriage. Now, that said, the marriage agreement basically means that the debt collector may still come after BOTH until paid but the primary person who owned the debt keeps the debt. It will affect that person's credit score. It may damage you though if you BOTH attempt to buy a vehicle or acquire new debt together. They will merge your score and the other person's score and then come back with an average. If the best score ONLY goes to buy the car and secure the loan, the interest may be lower. BOTH can be on the title of the car if you get a loan with a BANK and not the CAR COMPANY. Same with a house to a point. The drawback is, if they use just the ONE best score and acquire the loan on that person, then the income of that one person is all that is considered when they try to determine how much debt that person can take-on to buy the car or house.
How do you decrease debt equity ratio?
Why the hell you want to decrease it.. Does it BITE? Chill man.. go count the chickens...
Black Monday, the October 1987 share market crash, was known as Black Tuesday in Australia and New Zealand, due to the time zone difference.
You can do whatever you like about numbering your checks -- these numbers are entirely for your own benefit-- to help you keep track of your checks and perhaps help you identify a particular check if you want to stop payment , or to find a check you have written.
Fight your Lender. Don't let them intimidate you and ultimately take your property. These lenders are foreclosing Illegally. bank of America was going to foreclose on me. I was 18 months behind and had a sale date in 3 weeks. A buddy of mine told me he talked to Vic at Lighthouse Consulting Group. Vic got my sale postponed and now I'm suing my lender for eight separate complaints. if your facing a foreclosure and don't know who to talk to you've got to call Vic. He was awesome and explained everything in simple terms. 714 486-0654
Has McCollisters Transportation filed bankruptcy?
Although many vendors are holding outstanding receivables and the business does appear very over extended, McCollister's had not filed for Bankruptcy just quite yet. With many of it's own agencies no longer accepting work until previous work has been paid, the future does look ominous.
How do you file a lawsuit for a wrongful foreclosure?
what are the forms needed to file a wrongful foreclosure lawsuit There are no forms. A foreclosure is not filed in a small claims court, so strict rules of civil procedure apply. In other words, you will need to act like a lawyer and will be held to the same standard in all rules of court as a licensed lawyer would. Normally, any defense you would have to the foreclosure, would be expected to be pleaded in the original foreclosure suite. If based upon facts that were only discovered after the final judgment, you might be able to sue but, again, you would need an attorney.
Can you put student loans on bankruptcy?
You must list student loans in your bankruptcy. They are not dischargeable, though collections actions are stayed by the automatic stay when the case is filed.
the Brink's robbery took place in Boston, Massachusetts
How many points will your credit score go up once your bankruptcy is cleared?
There is no separate rule, and there are several different credit scores. The increase will also depend on other elements, including payment of rent, mortgage, utility bills and other post-filing debts.
It depends on your state. You should definitely get a lawyer!
What does foreclosure in a house mean?
its like when you cant pay your rent in an apartment. the people that own it kick you out. or, in this case, the bank does it means that someone cannot afford to pay for their house. therefore the bank forecloses it or in other words takes it away and sells it for the remaining balance of the loan.
What is a sentence for the word bankrupt?
Unfortunately, when the man talked to the teller at the bank, he said " Sorry Sir, but you have gone bankrupt."
The CEO was unable to pay his debts, so the company went bankrupt.
Why does the price of a good rise once it goes from producer to wholesaler to retailer?
The price will rise based on the value added to the commodity. In addition, the cost of transportation is added. For example, we have seen food costs rise substantially in the past year due to an increase in the price of the fuel used in diesel trucks. These costs are passed on to the consumer, at the end of the retail cycle, along with other overhead costs incurred by the seller.
