If you qualify for an unsecured credit
card after filing for bankruptcy, the terms you receive will be less than desirable: low credit limits, stiff fees, and high interest rates.
Even if you fall into this camp, it is important to understand that there is nothing that prevents you from voluntarily paying back the
debt after filing for bankruptcy.
Some of the most insightful articles on the blog speak to the differences between shared custody and joint custody as well as things to
expect after filing for bankruptcy.
Some of those didn't end well: Coldwater Creek liquidated
after filing for bankruptcy in 2014, and in 2016 Aeropostale sued the firm, accusing lender Sycamore of pushing it into bankruptcy.
A
week after filing for bankruptcy protection, Mt. Gox's CEO Mark Karpelès had mysteriously found 200,000 Bitcoins — a lucky stroke that would change everything for Mt. Gox creditors.
Kevyn Orr, a partner in the Washington law firm Jones Day and best known for his work on the restructuring of
Chrysler after it filed for bankruptcy protection in 2009, will assume financial control of Detroit, the nation's poorest major city.
Unable to procure the necessary
funds after filing for bankruptcy a few months back, the remaining 399 Borders and Waldenbooks retail stores will all be closed by the end of September, with liquidation expected to start as early as Friday.
McNeal,
after filing for bankruptcy under a Chapter 7, reported that her mortgage was subject to two mortgage liens, $ 176,413 held by the primary lender and a second priority loan in the amount of $ 44,444.
It may be more difficult to obtain credit in the short term but most debtors who file bankruptcy and work diligently to pay their remaining debts on time each month report that their credit scores improve within a year
after filing for bankruptcy relief.
Since your credit rating takes a
hit after you file for bankruptcy protection, unless you default on monthly payments to an automobile insurance company, there is really no basis for your insurance company to raise your premiums.
What if there was a shady side of the law that allowed federal bankruptcy court trustees to hide things from you for up to a year before you found out you lost your assets to your
creditors after filing for bankruptcy protection?